In a significant move aimed at providing relief to taxpayers and professionals alike, the Central Board of Direct Taxes (CBDT) has issued Circular No. 10/2024, dated 29th September 2024, announcing an extension for the filing of various audit reports under the Income-tax Act, 1961. The deadline has been extended from 30th September 2024 to 7th […]
The Uttar Poorva Transformative Industrialization Scheme (UNNATI), 2024 is designed to drive industrial growth in the North-Eastern Region of India. As part of this initiative, the scheme provides incentives to manufacturing units that meet specific criteria, particularly concerning their investments in plant and machinery. Key Guidelines for Core and Non-Core Components The General Operational Guidelines
Starting a business can be a challenging yet rewarding journey. For many aspiring entrepreneurs in India, the Prime Minister’s Employment Generation Programme (PMEGP) provides a vital opportunity to turn business dreams into reality. Launched by the Hon’ble Prime Minister of India on August 15, 2008, PMEGP is designed to offer financial assistance and support to
In the highly anticipated budget speech, Finance Minister Nirmala Sitharaman covered a wide array of topics, from fiscal policies to new reforms. However, several crucial changes in the Goods and Services Tax (GST) regime, which will significantly impact businesses and taxpayers, were not explicitly mentioned. Here, we delve into these key changes proposed in the
The Union Budget 2024-2025, presented by Finance Minister Nirmala Sitharaman, brings a host of exciting opportunities for Micro, Small, and Medium Enterprises (MSMEs). Recognizing the critical role of MSMEs in India’s economic landscape, the government has introduced several measures to support their growth and enhance their competitiveness. In this comprehensive blog post, we will delve
The Uttar Poorva Transformative Industrialization Scheme (UNNATI) 2024 is an innovative initiative by the Government of India designed to accelerate industrial growth in the North-Eastern region. One of the key incentives under this scheme is the Manufacturing and Services Linked Incentive (MSLI). This blog post provides an in-depth understanding of MSLI, including eligibility criteria, benefits,
The Uttar Poorva Transformative Industrialization Scheme (UNNATI) 2024 is an ambitious initiative by the Government of India aimed at boosting industrial development in the North-Eastern region. Among the various incentives provided under this scheme, the Capital Interest Subvention (CIS) stands out as a crucial financial support mechanism. This blog post will explore the details of
The Uttar Poorva Transformative Industrialization Scheme (UNNATI) 2024 is a groundbreaking initiative aimed at accelerating industrial development in the North-Eastern region of India. One of the key components of this scheme is the Capital Investment Incentive (CII). This incentive is designed to support both new and expanding industrial units by providing substantial financial benefits for
Subsidy in Assam for Small Businesses – Benefits The UNNATI 2024 Scheme, also known as the Uttar Poorva Transformative Industrialization Scheme, is a significant initiative by the Government of India designed to promote industrial growth in North East India. Small businesses in Assam can greatly benefit from this scheme’s comprehensive incentives and support mechanisms. This
How to Apply for the UNNATI 2024 Scheme: A Comprehensive Guide The UNNATI 2024 Scheme, officially known as the Uttar Poorva Transformative Industrialization Scheme, is a significant initiative by the Government of India to promote industrial growth in North East India. If your business is located in this region and you aim to leverage this
