A delegation of the medium, small and micro enterprises (MSMEs) met union minister Som Parkash to oppose Section 43B of the Income Tax Act which makes it mandatory for buyers to release the payment within 45 days of purchase of goods. They urged the commerce and industry minister to either withdraw the new rule or include every assessee of income tax including manufacturer, trader and exporter under this section and extend the time period up to 90 days.
Ludhiana: After the recent visit of the Invest Bihar team in Ludhiana, a delegation of businessmen led by Federation of Industrial and Commercial Orga.
Ludhiana (Punjab) [India], October 21 (ANI/PNN): About 34 entrepreneurs from the Micro Small and Medium Enterprises (MSME) sector in the State of Punjab were honored for their immense contribution to the industrial sector at the special conclave 'MSME-The Future is Now' organized by Federation of Industrial and Commercial Organisation (FICO)-I AM SME OF INDIA at Ludhiana. MSMEs play an important role in the economic development of Punjab, particularly in the areas of production, exports, and employment creation. The key to Ludhiana's rise as a major industrial centre in India lies in the expansion of its micro, small, and medium enterprise sector. Over the years, Ludhiana, Punjab's industrial hub, has become a synonym for industrial excellence in the region's far northern reaches. The city is home to tens of thousands of micro, small, and medium-sized enterprises. People's inherent entrepreneurial spirit has made Ludhiana a centre for the machine tool industry.
Kular’s haveli on Gill Road is a witness to all hard work that the Kular family has put in since they shifted to India after the Partition in 1947. The haveli has seen the days of struggle and hardships, and families of the Kulars staying here have faced all challenges together. The haveli sti