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GST Reduced to 5% on Building Materials, Utensils, and Handicrafts to Benefit Public and MSMEs

The 56th GST Council meeting reduced GST on building materials, household utensils, handicrafts, and certain transport services from 12% to 5%. This move...

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Budget 2025: Boost for MSME Sector with Enhanced Credit and Classification Support

The Union Budget for FY26 announced by Union Finance Minister Nirmala Sitharaman is likely to focus on several major measures to further fortify...

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India’s Steel Sector is at its Critical Juncture with China’s Imports Going on the Rise

The Indian steel sector is reaching a critical juncture of intense pressure caused by the onslaught of rising imports, mainly targeting small and...

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SIDCO Inaugurates Five Industrial Estates in Tamil Nadu for MSMEs to Come Up Easily

The state government’s latest efforts to get more micro, small, and medium enterprises are coming up easily in the shape of industrial estates,...