Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Union Budget Provides higher incentives for Micro, Small and Medium Enterprises

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Union Budget Provides higher incentives for Micro, Small and Medium Enterprises - News and Press Release Dated:- 28-2-2011 - News - Union Finance Minister Sh. Pranab Mukherjee has announced various .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... incentives for micro, small and medium enterprises while presenting this year s union budget. The allotment to SIDBI for refinancing incremental lending by banks to these enterprises has been raised .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... from Rs. 4000 Crore to Rs. 5000 Crore. It has also been proposed to provide Rs. 3000 Cr. to NABARD to enable handloom weaver cooperative societies, which have become financially unviable to repay the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ir debts. This would benefit 15000 cooperative societies and about 3 lakh handloom weavers. Shri Pranab Mukherjee also announced that the outstanding loans to minority communities which stood at 13% .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of total priority sector lending at the end of last year have been increased to 13.6% in the current year. The Public Sector Banks have been directed to achieve a target of 15% as outstanding loans t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... o minority communities under priority sector lending at the earliest. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... MI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates