Learn the MSME 45-day payment rule, its new tax implications under Section 43B(h), and how small businesses can stay compliant with practical steps. Quick Summary What: The MSME payment rule mandates that buyers must pay MSME-registered suppliers within 15 to 45 days Why: From FY 2024–25, delayed payments can lead to disallowed tax deductions under …
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Micro, Small, and Medium Enterprises (MSMEs) are the backbone of the Indian economy. They not only create employment for 20.51 crore individuals but also add 30% to the country’s GDP. This is why the Indian government supports these businesses with many MSME loan schemes. These MSME loan schemes aim to empower entrepreneurship and fuel business …
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Micro, Small, and Medium Enterprises (MSMEs) are the true drivers of India’s economy and growth story. There are currently over 6.4 crore MSMEs in India that contribute over 30% to the GDP, employ over 11 crore individuals, and account for 45% of exports. Even while playing such an important role, MSME loan quick approval still …
Read moreRunning a wholesale business in today’s competitive world isn’t easy, especially when you are trying to grow without external support. This is the story of Ashish Patni, a passionate cosmetics wholesale trader from Indore, Madhya Pradesh, who turned to FlexiLoans when he needed help scaling his operations. With a growing customer base but limited working …
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Managing a cash crunch and getting a business loan have long been 2 of the most serious issues for Indian MSMEs. Even today, 45% of business loan applications face rejection due lack of collateral and credit histories. It led to the introduction of Prime Minister MUDRA Yojana in 2015. However, some of the most common …
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MSMEs hold great importance for both business owners and the Indian economy. While it accounts for 30% of the nation’s GDP and employs over 25+ crore people, it offers many growth opportunities to business owners. The exports itself have grown from ₹3.95 crore in 2021 to ₹12.39 crore in 2025. Getting an MSME certificate from …
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If you are a business owner of one of India’s 5.93 crore registered MSMEs, you are not only driving economic stability but also generating substantial employment opportunities. When you are running a business, you will always find a lack of access to capital to run and expand your business. You have access to different types …
Read moreMSME Payment Rules 1. Empowering MSMEs for Growth and Success FlexiLoans is a trusted financial partner for MSMEs, providing tailored loan solutions to drive business growth. MSMEs contribute nearly 30% to India’s GDP, but many struggle with access to funding. FlexiLoans bridges this gap with easy, fast, and digital lending solutions. 2. Key Challenges Faced …
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Did you know MSMEs in India contribute nearly 30% of the GDP and generate employment for over 110 million people? These businesses form the backbone of the Indian economy, driving growth across industries like manufacturing, retail, and IT. The MSME full form is Micro, Small, and Medium Enterprises. These small, medium, and microenterprises comprise local …
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In today’s digital world, an online presence is essential for MSMEs to attract customers and compete effectively. Google My Business for MSMEs is a free tool that helps businesses manage their online presence on Google Search and Google Maps, showcasing key details such as contact information, location, and customer reviews. A well-optimised Google business listing …
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The Union Budget 2025 has introduced significant reforms to boost economic growth, ease taxation, and strengthen the MSME sector. As businesses navigate financial challenges, the government has unveiled policies to enhance credit access, simplify tax structures, and support small enterprises. There will be no income tax payable up to ₹12 lakh, providing substantial relief to …
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Micro, Small, and Medium Enterprises (MSMEs) play a crucial role in India’s economic growth by generating employment and contributing to GDP. To support these businesses, the Indian government offers various incentives through MSME registration. MSME registration helps businesses avail benefits like easier loan access, tax exemptions, and eligibility for government schemes. Registering as an MSME …
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