#gst course online in mumbai

[nifm-institute]

NIFM Institute in Mumbai — Best Stock Market Training Courses in Mumbai

NIFM Institute in Mumbai is the best share market classes in Mumbai for stock market trading & training. At NIFM, we’ve always been partial to independent thinkers. Where we’ll teach you not only how to trade in the share or financial market but also how to make a living out of it in our stock market courses in Mumbai. NIFM share market training programs are simple to understand and easy to follow with practical case studies in an organized manner with a systematic flow. In our stock market courses, we will teach you to learn every factor that can affect stock market industry ups and downs, when to enter or exit, money-making strategies, discipline in the stock market, and control risk and loss.

Overview of Stock Market Courses in Mumbai

Trading in the stock market is a process that requires constant thinking, analysis, and discipline. What you think and what you choose determines your success in the business.

NIFM is the pioneer institute of stock market trading courses in Mumbai. Our institution has been focusing on providing qualitative stock market trading knowledge for over a decade in India. NIFM believes in classroom & practical sessions where the interaction of experienced trainers and other participants brings out the best results and clears all doubts about the toughest topics and makes them crystal clear. NIFM has helped thousands of investors learn the skills necessary to have the ability and confidence of the pros. We are the only stock market institution having 20+ branches all over India, where 50,000+ students have done certification of stock market courses, Job oriented courses, investor & trader courses under the supervision of industry experts. We have exclusively developed job oriented courses with 100% placement assistance for those who want to make a career in the stock market. NIFM has 6+ branches or institutes for stock market courses in Maharashtra.

Services offered by NIFM — Share Market Courses in Mumbai

Here in Mumbai, NIFM is offering 20+ stock market courses with certification and 100% placement assistance in top companies. They focus on more practical (75%) training than theoretical (25%) training. Students work on practicalities with the budget in hand to get more enhanced knowledge of trades, when to buy or sell stocks, market ups, and downs. This builds more confidence in students to find out when is the best time to enter the market or the right time to invest in stocks.

NIFM has courses for all 12th pass out students, graduated students, businessmen, investors, traders, housewives, retired persons. The availability of every generation of students makes our atmosphere more interesting, where all students can learn with the life experiences of others.

Stock Market Beginners Courses: If you are a fresher or beginner in the stock market then this certification course is for you. We helped you to learn all the basics of the share market with experts and be a market expert within 3 months.

Beginners to Advance level courses: NIFM offers Diploma & Advance Diploma courses in the stock market. Learn fundamental, technical analysis, industry up and down, the best time to buy and sell stocks. These courses offer 100% job assistance.

Job Oriented Courses: NIFM has exclusively developed job oriented courses for those who want to make their careers in the financial market or the stock market. They trained students according to the best industry requirements.

Trading and Investment Courses: This is one of the best courses to become a trader or investor in the stock market.

Technical Analysis Courses: Technical Analysis not only helps you understand the profit target but also aware of the risk involved in the trade. We teach the secrets of successful traders, We teach unique ideas to trade in Intraday, Swing trade, Short term delivery, Futures & Options.

NCFM NSE certification courses: Courses for NCFM Certification exam, and exclusively developed mock test papers which covers all syllabus for the examination.

NISM SEBI certification courses: NISM Certification courses to help students to crack the examination.

Diploma in Equity Sales Certification: This course is divided into 6 modules: Capital Market Module, Derivative Market Module, Currency derivatives module, Mutual Fund Distributors module, Investment Advisor (Level 1) and Equity Sales module.

Fundamental Analysis Crash Course: This course will help to understand all these aspects analysis of data, news, events, correlation, the impact of these while trading in the stock market or investing in other market segments.

Online Stock Market Courses: NIFM also offers online courses for those who want to learn online about day trading, trading basic terminology, how online trading systems work, Forex trading, swing trading, stock prices, live trading, and the stock exchange.

Why Choose NIFM, Best Stock Market Courses in Mumbai

Depth knowledge with practical exposure

75% practical exposure, 25% theoretical exposure

Certification after completion of course

Faculties over 30+ years of experience.

We work for all-round development for the student.

Students visits in NSE, BSE, SEBI offices

100% job assistance in topmost companies

100% support given to pass out students if any updating took place in course.

Conducting regular seminars for students by experts & industry.

Some unique courses are available only with NIFM.

Advance lab equipment/software for practical training.

Stock Market Courses Free Videos

NIFM made stock market trading learning easy for you with these free videos, you can watch and learn fast and earn fast with NIFM.

Click to enjoy your free videos today!

NIFM Preferred Employers

Our clients- Axis Securities, HDFC Securities, Kotak Securities, ICICI Direct, Motilal Oswal, Standard Securities, NIIT, Tradebulls, Bajaj Capital, SMC, Angel Broking, Advisory Mandi, Indiabulls Ventures, Nirmal Bang, Safe Express, IDBI Capital, Elite Wealth, Bonanza, Karvy Stock Broking, SAS Online, Mansukh, Silver skills, Parasram, Trustline, Zerodha, Jana Bank, LKP, BLB, etc

Seminars & Workshops at NIFM MUMBAI

NIFM organized seminars, events, and workshops to get engaged with our students and keep them up-to-date according to industry requirements. Click the link to watch some glimpse of our NIFM Capital Market Conclave 2019.

Any Doubts or Enquiries?

If you have any doubts and inquiries regarding the stock market industry or want brief counseling for your course, please reach us by filling this form — Contact Us for stock market courses enquiries. Our Counselor will reach and help you to suggest the best courses for your career, investment or trading purposes.

Reach NIFM MUMBAI

We are established in a prominent location in Parel, Mumbai. It is an effortless task in commuting to our establishment as there are various modes of transport readily available. It is at Shop №6, Kingston Tower, GD Ambekar, Road, Parel East, Mumbai, Maharashtra 400033

Source of Content: https://www.nifm.in/blog-details/387/stock-market-courses-in-mumbai.php

[taxandaccountingmumbai]

Comprehensive Online GST Course in Mumbai

Itaa Education offers a comprehensive online GST course in Mumbai designed to cater to the needs of students, professionals, and business owners. This course covers the essential aspects of Goods and Services Tax (GST) and is tailored to provide in-depth knowledge of GST laws, regulations, and practical applications. Our expert instructors bring years of experience to the table, ensuring a thorough understanding of GST concepts, including registration, filing, and compliance. With Itaa Education's online GST course, you can learn at your own pace, making it convenient for working professionals and students alike.

Our interactive learning modules and practical examples help you grasp complex GST topics easily. Whether you're looking to enhance your career prospects or gain a solid foundation in GST for your business, our course is the perfect solution. Join Itaa Education's online GST course in Mumbai today and take the first step towards becoming a GST expert. Our courses are affordable, flexible, and designed to meet the latest industry standards, ensuring you stay ahead in the ever-evolving field of taxation.

[hob28]

Elevate Your Career with a Business Accounting Course in Vasai-Virar

Introduction

In the competitive world of business, a solid understanding of accounting is essential for success. Whether you're managing a business, handling finances, or looking to advance your career, a Business Accounting Course in Vasai-Virar offers the knowledge and skills you need. This article explores the benefits of enrolling in a business accounting course in this burgeoning area, the course content, and how it can help you achieve your professional goals.

Why Choose a Business Accounting Course in Vasai-Virar?

Vasai-Virar is quickly becoming an educational hub, making it an ideal location to pursue a Business Accounting Course. Here’s why:

Strategic Location: Located near Mumbai, Vasai-Virar offers access to a growing business community, providing ample opportunities for internships and jobs.

Affordable Education: Courses in Vasai-Virar are often more affordable than those in major cities, making quality education accessible without high costs.

Expert Faculty: Institutes in the area employ experienced professionals who bring real-world insights into the classroom.

Community Growth: With the rapid development in Vasai-Virar, there’s a rising demand for skilled accounting professionals, creating a strong local job market.

Course Overview: What You Will Learn

The Business Accounting Course in Vasai-Virar is designed to provide a comprehensive understanding of financial management, covering essential topics such as:

Accounting Principles: Learn the basics of accounting, including double-entry bookkeeping, ledger management, and financial statement preparation.

Financial Reporting: Master the skills needed to prepare accurate and compliant financial reports.

Cost Accounting: Gain insights into cost control, budgeting, and financial planning for businesses.

Taxation: Understand the principles of taxation, including GST, income tax, and corporate tax laws applicable to businesses in India.

Accounting Software: Get hands-on experience with industry-standard software like Tally, QuickBooks, and SAP, essential for modern accounting practices.

Auditing: Learn the fundamentals of auditing, including internal controls, compliance, and risk management.

Advantages of Enrolling in a Business Accounting Course

Career Advancement: The skills gained from this course can lead to career growth, whether you’re looking to move up in your current job or transition to a new role.

Practical Knowledge: The course focuses on practical applications of accounting principles, ensuring that you can directly apply what you learn in real-world situations.

Flexibility: Many institutes in Vasai-Virar offer flexible learning options, including online classes and weekend courses, catering to working professionals.

Certification: Upon completion, you’ll receive a recognized certification, enhancing your credentials and making you more competitive in the job market.

Career Opportunities

After completing a Business Accounting Course, several career paths are available, such as:

Accountant: Handle financial records, prepare reports, and ensure compliance with financial regulations.

Financial Analyst: Analyze financial data, forecast trends, and advise businesses on investment decisions.

Tax Specialist: Assist businesses and individuals with tax planning, preparation, and compliance.

Auditor: Conduct internal and external audits to ensure accuracy and compliance with financial laws.

Business Manager: Use your accounting expertise to manage the financial operations of a business, ensuring profitability and growth.

How to Choose the Right Institute in Vasai-Virar

Selecting the right institute is crucial for your success. Consider these factors:

Accreditation: Ensure the institute is accredited and recognized by relevant authorities, providing quality education and a valid certification.

Course Content: Look for a course that offers a comprehensive curriculum, covering all essential aspects of business accounting.

Learning Options: Choose an institute that offers flexible learning modes, such as online, part-time, or weekend classes, to fit your schedule.

Support Services: Check for student support services like career counseling, job placement assistance, and networking opportunities, which can help you transition from education to employment.

Conclusion

A Business Accounting Course in Vasai-Virar is an investment in your future, providing the knowledge and skills needed to excel in the financial sector. Whether you're starting your career, seeking a new direction, or enhancing your current expertise, this course offers the practical training and certification you need to succeed. With the growing demand for accounting professionals, now is the perfect time to enroll and take your career to the next level.

Call to Action: Don’t miss out on the opportunity to advance your career. Enroll in a Business Accounting Course in Vasai-Virar today and unlock your potential!

FAQs

Q1: Who should enroll in a Business Accounting Course?A: The course is ideal for aspiring accountants, financial professionals, business owners, and anyone looking to gain expertise in business finance.

Q2: What is the typical duration of the course?A: The duration typically ranges from 6 months to 1 year, depending on the institute and course structure.

Q3: Is the course available online?A: Yes, many institutes in Vasai-Virar offer online learning options to accommodate different schedules.

Q4: What are the job prospects after completing the course?A: Graduates can pursue careers in accounting, financial analysis, taxation, auditing, and business management.

[orthotv]

🔜 Last chance to register‼️ Starts today

🔰 VIRTUAL ONLINE FELLOWSHIP IN OSTEOARTICULAR INFECTIONS - BATCH 3

🙋🏻‍♂️Learn the best practices for the prevention and management of Osteoarticular Infections and tuberculosis

🔆 3 Months Online Focused Certificate Course beginning in February 2024.

🔆Click to watch the intro session on OrthoTV: https://tinyurl.com/OrthoTV-Fellowship-01

🔗 LIMITED SEATS Register Now: https://tinyurl.com/OrthoTV-Fellowship

🔅 Learn:

Principles and Surgical Tips, Tricks, & Techniques to prevent & manage osteoarticular infections.

🔅 Who Can Apply:

All Orthopaedic Surgeons and Ortho PGs.

👨‍🏫 Mentors:

Dr. Vikas Agashe

Dr. Anand Thakur

Dr. Aditya Menon

👩‍🏫 Faculty:

Dr. Bimal Mody, Dr. Samir Dalvie, Dr. Ayesha Sunavala, Dr. Mandar Agashe, Dr. Aditya Menon, and others.

🔅 Syllabus Highlights:

Comprehensive coverage of OA infections, open fractures, biofilm, mycobacterial infections, paediatric osteomyelitis, and more.

🔅 Hybrid Physical Meeting Topics:

Role of microbiological diagnosis in FRI, imaging in infection, ABC of antibiotics, and the role of plastic surgery.

🔅 Course Highlights:

10 Weekly Live online sessions, a physical/hybrid meeting in Mumbai, direct master interaction, WhatsApp group discussions, and case studies.

💵 Course Fees:

INR 30000 (+18% GST) for Indian Nationals and USD 500 for Foreign Nationals.

🏅 Organised by Orthopaedic Research Group & OrthoTV Global Academy. 🔆Supported by: Biocomposites

[iselglobal]

GST Certification in Mumbai

WHAT CAN YOU EXPECT FROM GST CERTIFICATION COURSE IN MUMBAI?

For any professional, it is entirely impossible to pursue something which has not been taught ever. Same goes with the Goods and Services tax as well. After the GST got implemented, other kinds of taxes got vanished from the chain. But whatever it may be, the new taxation made people confused about its norms, terms, and conditions.

Keeping this in mind, the Government of India has initiated different online certified courses on GST. The prime focus of the online GST certification courses by the government is to make individuals aware of the new taxation and to help them to get facilitated in the industry. The certified course provides updated and systematic knowledge to enhance problem-solving and analytical skills in the learners.

WHAT IS THE CONTENT OF THE GST CERTIFICATION COURSE ONLINE?

GST is a vast subject to learn as it is very crucial a subject for the Indian economy. The government wants new taxation to be implemented successfully in the system. Thus, the content of the course is based on every specific subject related to GST. If you want to know what all you are going to learn from the GST certification course in Mumbai, then you must know about the content of the course.

1. Introduction to GST:

Why GST

The basic concept of GST

Present taxation vs GST

Understanding GST certification.

2. Registration:

GSTIN structure

Turnover for Threshold limit

Threshold limit for registration

Mandatory registration

3. Supply of Goods and Services

Place, time and value for supply

4. GST for Goods and Services

Supply of Goods and Services

Returns of Goods

Supplies that include taxes

Defining the rates of taxes

Cancellation of service

GST reports

Tax payment of GST

Challans

Exporting Returns etc.

5. Recording Advance Entries Goods and Services

6. GST adjustments and GST return filing

7. Customers receipt under GST

8. Migration to Tally. ERP 9

WHO ARE ELIGIBLE FOR GST CERTIFICATION COURSE IN MUMBAI?

The GST certification course doesn’t have any specific criteria or background for individuals to be able to enroll in this course. Students from any background can apply to this certification course. A minimum graduation background is a must-have for the learners for a better understanding of the course.

The GST certification course online can be taken by commerce and non-commerce students, professionals, job seekers, businesspersons, traders, individuals, etc. Anyone who wants to pursue a career in taxation can take this course. Many CAs, Company secretaries and also business owners have taken the certification course.

WHAT ARE THE BENEFITS OF THE COURSE BY ISEL?

ISEL Global is a government certified GST training course provider which offers online learning to its students. Anyone can pursue the course form aby corner of the world.

The GST certification course fee is meager as compared to other course offered by other organization

Learners can apply for a better job with even better salary packages and can also pursue their career as GST consultants. This course allows the students to start their own practice.

The GST certification course in Mumbai by ISEL global is accepted all over the region, and thus, the students can add this certification to their resume.

Source: GST Certification in Mumbai

[generalnightmareperson]

Kautilya IAS Coaching- Best IAS Coaching Institute in Delhi

The institute offers the best study materials that are exceptionally good and you can easily clear the exams with this kind of reference. The renowned faculty members of this institute prepare these materials only after lots of research and continuous analysis of the topic. As said earlier, the Kautilya IAS Coaching Institute in Delhi has a good team that always inspires the students to score more marks and they will also stand by the student’s side.

The previous results showcase the coaching quality of the institute and you will definitely know that the advantages along with continuous training results in desired results. Kautilya IAS Coaching for UPSC Coaching in Mumbai is presenting valuable publications for IAS and MPSC aspirants.

If you are part of this institute for the UPSC preparation, then you don’t have to worry as Kautilya IAS Coaching UPSC Coaching in Mumbai will take care of everything, you just have to put all your mind into studies. The batch size is small as only 60 students per batch is allowed which makes each student comfortable with the classroom environment and also helps the teachers to concentrate on each individual student. Various IAS and IPS officers visit the institute as guest lecturers and guide the students with their experiences. Special attention is given towards the weak students in academics by the teachers of this Institute with an approach to make them confident enough to face the exams. 

For the revision of various topics, the students are provided with backup online lectures which the students can assess from the comfort of their houses. The institute provides an excellent infrastructure which is suitable for the students with a positive environment for their studies. The faculties are the people who had themselves cleared UPSC exams with top scores in the previous years and have tremendous experience in the field of Civil Services. The institute provides their own prepared notes which are well researched and cover the complete UPSC syllabus to the core hand consist of questions covered from the previous year question papers for these exams.

UPSC Notes – Online Test series, UPSC Online Study Material, Soft Copy Current Affairs, etc.

Best IAS Preparation in Delhi

Delhi is a great place for the preparation of IAS through UPSC exams as the state is famously known as an educational hub and has provided with the setup completely suitable for the students aspiring to prepare for IAS exams. The teachers here in Delhi are highly qualified and the best of the teachers from all across the country serve here to make this place one of the best centers for IAS preparations.

Course offered by Kautilya IAS – UPSC & IAS

Address – Online Coaching

Contact Number – 8595907566

Fee Structure –  30,000+ GST 

Batch Size – 35 – 40 Online Class student

[ilam-india]

MBA Logistics and Supply Chain Management Mumbai

MBA Logistics and Supply Chain Management is a 2 year Post Graduation program designed to give candidates a generous head start on the career ladder and incorporates both theory and practice. The program covers a wide range of topics, including business strategy, logistics planning, supply chain management, inventory management, and distribution networks. Students learn how to identify and solve problems in the supply chain, identify potential risks and vulnerabilities, and develop effective responses.

The MBA in Logistics and Supply Chain Management Mumbai explains the strategic and operational role logistics and supply chain plays in the global business environment, with an emphasis on domestic and international logistics system as it relates to sourcing, operations management materials management, and warehousing and distribution or last-mile delivery operations.

Mumbai is the financial capital of India hence Candidates from all over the country strive to get admission to many renowned Business Schools in Mumbai. ILAM India and ICRI India offer one the best MBA in Logistics and Supply Chain Management, Mumbai with world-class infrastructure and curriculum.

https://www.ilamindia.in/mba-in-logistics-supply-chain-management.php

The logistics industry has multiple roles and opportunities in Mumbai, spanning from operations to client servicing to sales and engagement. Some of them are Logistics Executive, Assistant manager logistics, Head logistics, Warehouse and logistics manager, Logistics officer, and Transport manager.

Supply chain & Logistics Industry In India

* In the financial year 2021, the size of the Indian logistics market was around 250 billion U.S. dollars. It was estimated that this market would grow to 390 billion dollars in 2030, at a compound annual growth rate between 10 to 12 percent.

* The sector employs around 22 million people. It is expected to create another 1.2 million jobs by 2025, 38% in road freight while the remaining are in passenger railways, freight forwarding, warehousing, packaging, and other services.

* The government’s focus on infrastructure development, FDI reform, and the implementation of the Goods and Services Tax (GST) are some of the key drivers of growth in the sector.

Course Duration & Eligibility

MBA in Logistics and Supply Chain Management is a 2-year Post graduation program that requires candidates who are graduates with 50% in Commerce, Statistics, Maths, Science, and Economics.

Admission Procedure

To apply for MBA in Logistics and Supply Chain Management, the Candidate should Fill out an online application form & appear for the entrance exam or drop a mail for more details at info@icriindia.com, and our counselor will contact you.

[slowlyunabashedtastemaker]

Data Science Course

Students will be taught to combine instruments and strategies from statistics, laptop science, information visualization and the social sciences to unravel problems using data. If a business enterprise has to excel in its field, it has to take the assistance of data evaluation and information science. With the assistance of knowledge analytics companies can't solely increase their income, expand the shopper base, provide better customer satisfaction, reduce value, but in addition get an edge over their opponents. If you might be looking for the most effective Data Science Course in Navi Mumbai with Industry most skilled trainers, then MCTA would be the perfect Data Science Training Institute in Navi Mumbai for you.

Data science is amongst the quickest evolving disciplines of pc science with new and improved applied sciences and strategies being devised every single day. As the info science trade is growing, there's a large demand for professionals who can match into the myriad fields related to knowledge science. There can be a lot of confusion about what precisely knowledge science entails and how one can pursue a career in the identical. CETPA INFOTECH is considered one of the main coaching institutes delivering Data Science Training in Noida in sync with business needs.

CLICK HERE.....

The PGP DSBA is recognised as India's high program in Data Science and Business analytics. This program was formerly known as PGP - Business Analytics & Business Intelligence . The PG program in Data Science and Business Analytics stands as the right alternative if you are seeking a Data Science course for Beginners which may be needing a profession transition into the job roles of Data Science. This program is delivered in classroom in addition to on-line modes whereas the course charge of the classroom mode is Rs. three,ninety five,000 + GST and for online mode the fee is Rs. 2,25,000 + GST.

This program will help you to reap the advantages of opportunities in huge data learning tools & live buying and selling, Hadoop, and so forth. Nulearn group has been very useful and prompt in providing solution to any problem. It has been the most effective online experience for me, the way of delivering class is great and extremely interactive. The live class with step by step guidance was a really useful, it was full of knowledge and good quantity of follow was also provided.

Data Science Course

The Data Science Specialisation course is tailored to guarantee that individuals with a grasp of programming information can upskill and turn out to be Data Scientists. The Students of BTech/ BE/MCA /MCS who wish to enter the sector of Artificial Intelligence, Machine Learning, or Data Analytics also can pursue this course. You might be required to solve the Capstone Projects within the Digital Vidya Data Science course. As a outcome, you will increase your industry knowledge in the niches of Natural Language, Deep Learning, Bank Management and Healthcare Analysis.

We study to allow Predictive Modeling with Multiple Linear Regression. The merits of Lasso and Ridge Regression, Logistic Regression, Multinomial Regression, and Advanced Regression For Count Data are explored. Data Mining Unsupervised Learning is the fulcrum of the following three modules. The numerous approaches used to enable the same like Clustering, Dimension Reduction, and Association Rules are elaborated in-depth with acceptable algorithms.

ExcelR- Data Science, Data Analyst, Business Analyst Course Training in Delhi

M 130-131, Inside ABL Work Space, Second Floor, Connaught CircleConnaught PlaceNew Delhi, Delhi 110001

096321 56744

Data Science Course

[compregistrationconsultants]

Ministry of Corporate Affairs: Supporting Entrepreneurship

With India being ranked 142th on Ease of Business Doing Index and 158th on Ease of Starting a Business, startups in India find it a tough task to outshine amongst the well-established corporate firms in India. However, the Ministry of Corporate Affairs have been bringing reformations in regulations over the decade. In addition to relaxations in the Companies Act of 2013, MCA further announced in June 2017 highlighting certain provisions in the act which would benefit not only the private companies but the startups as well.

The exemptions introduced in the Act would only benefit the Department for Promotion of Industries and Internal Trade, (DPIIT) recognized startups. Moreover in 2015, MCA exempted the corporate sector from obligations related to minimum paid up capital.

Entrepreneurship and its horizons

Entrepreneurship revolves around business development and management involving certain risks in order to gain profits. The Ministry of Corporate Affairs took up an intense drive in-

Government Process Re-designing (GPR) and dispatched the

Simplified Proforma for Incorporating Company Electronically (SPICe) e-Form,

on the event of Gandhi Jayanti, 2016. SPICe is a more flexible structure than INC-29 and influences on advanced innovation by disposing of the requirement for printed versions of genuinely marked archives being appended to an e-structure. SPICe is presently the sole, simplified and versatile structure accessible for incorporation of an organization in India.

The Ministry has likewise coordinated the MCA21 System with the CBDT for issue of PAN and First TAN to an organization utilizing the Simplified Proforma for Incorporating Company Electronically. Shareholders can successfully submit their applications for incorporation and PAN & TAN (allotted by Income Tax Department) altogether thus reducing the time and processes for blooming startups.

Within the MCA directive, stern decisions have been made to improve the legitimate system, work on techniques and accelerate dynamics for simplicity of working together to introduce a solid climate for venture and corporate development. Many efficient corporate dialogues and cognitive consultations have been accomplished by the Ministry of Corporate Affairs to replenish conventional business standards and ensure smooth facilitation of Companies Act, 2013. Statutory implementations to ‘remove difficulties’ have been acknowledged and appreciated in the corporate sector. Furthermore, Lok Sabha introduced encourage business friendly and growth inducing provisions as:

Bringing forth amendments for minimum capital with best foreign practices

Stern lawful processions against frauds or disagreement in set regulations for deposits identified during audits

With declaration in SPICe e-form replacing affidavit for various filings, documentation mandates for foreign nationals to be Director of Indian corporate firms has been deduced to a much greater extent.

The Ministry of Industries and Commerce have developed e-business portals for collective procession of DIN, Company Incorporation and Commencement of Business. Nominal fee is charged by authorities for small scale corporate firms. To direct the flow of Indian business towards international capital markets, IndAS i.e. new accounting standards have been implemented in accordance with IFRS (International Financial Reporting Standards).

Safeguarding Businesses

Serious Fraud Investigation Fraud (SFIO) has been quite operational to avoid corporate delinquency by taking legal course of actions against companies failing the compliance of Companies Act, 2013. Steps were taken to cause merger of NSEL Limited with its parent company Financial Technologies (India) Limited to guard the interest of investors in NSEL on account of its regulatory defaults and the failure of the holding company to exercise oversight, the first ever initiative. With respect to Investment Education Initiatives, 1380 programs were organized to educate and create awareness amongst small investors regarding highs and lows of investments.

Central Registration Centre (CRC), organized for flawless procession of incorporation of companies, works in 2 phases, former one including “application filing for accessing name through e-form INC-1 and later one being “incorporation of companies through e-form”.

Why CRC?

With reengineering in cycle and foundation of Central Registration Center which was established under section 396 of Companies Act, joining of an organization is finished in a single day. Sustaining of Directors Identification Number (DIN), Permanent Account Number (PAN) and the main Tax Deduction Account Number (TAN) are subsumed in the incorporation and there is no different interaction.

All incorporations with an approved capital of INR 15,00,000 are not charged by MCA vide notification G.S.R no.180(E) dated 06.03.2019 amending the Rule 38(2) of the Companies (Incorporation) Rules, 2014.

Rule 38A was added to Companies (Incorporation) Rules, 2014 to merge the functioning of MCA21 with registration of EPFO, ESIC, GST while filing for incorporation of the company in SPICe e-form.

For convenience in incorporation of Section 8 companies, MCA vide notification no. 411 (E) dated 07.06.2019 centralized licensing and incorporation via single form and that being SPICe.

Reforming the corporate framework

With earlier limits for paid up capitals and annual turnovers for small firms being INR 50 lakhs and INR 2 crore respectively, Finance minister renewed the mandates for small companies in Union Budget 2021 granting special provisions like exemption from statutory audits, non-requirement for cash flow statements, holding board meeting once in every 6 months ( in accordance to 90 days of gap between to consecutive board meetings), filing of Annual Returns through Form MTG-7A for the financial year 2020–21 onwards.

As per MCA, common seal under Companies Act, 2013 has been made optional since 29.05.2015. Accordingly, all Banks have been directed by the Indian Bank Association (IBA) to avoid asking for affixation of either common seal on the application form for opening of Bank Accounts by companies. With almost all of the government and corporate sector services made available online, MCA facilitated:

Deployment of common form for registration under labor related laws for EPFO and ESIC on the ‘Shram Suvidha portal’

Final registration for Delhi VAT and Maharashtra VAT within a day through online mode

One single Registration Application Form for all the Acts administered by Maharashtra Sales Tax Dept. (MSTD)

Registration of Delhi Shops and Establishment Act, 1954 and Maharashtra Shops and Establishment Act, 1948 fully online

Central Registration Center for name availability and incorporation expanded the horizons for big corporate firms as well as small companies to go through filing procedures witnessing lesser complications.

The time period for processing incorporation applications under CRC saw a drastic decline from 5–15 working days in June, 2004 to 0.6 working days in March, 2017.

Companies could be allotted with their name availability applications within 0.4 working days in 2017. 90% of applications are being authorized in a day.

Increasing the transparency for shareholders, Ministry vide notice no. GSR 309(E) dated 30.03.2017 has recommended w.r.t related party transactions, where the consideration is equivalent to over 10% assets of the organization, the equivalent will be approved by the members of the organization. This has expanded the investor rights with respect to casting a ballot and exposure of a connected gathering exchange.

National Company Law Tribunal Rules substituted Company Law Board (CLB) in June, 2016. NCLT is initially located at ten places across India, equipped with requisite infrastructure and support staff, including Delhi, Mumbai, Kolkata, Hyderabad and Chennai.

NCLT is foreseen to be a more authoritative platform for adjudication of disputes on corporate law matters through disposal of such cases in a time bound and speedy manner.

CONCLUSION

The Ministry of Corporate Affairs (MCA) has transformed the dynamics of private companies and provided the corporate sector with an entire range of budding opportunities and privileges for rising entrepreneurs mostly with e-governance initiatives.

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[taxandaccountingmumbai]

Top Professional Online Taxation Courses in Mumbai: Upgrade Your Tax Expertise

If you're looking to build a career in taxation or enhance your existing knowledge, enrolling in a professional online taxation course in Mumbai is a great choice. These courses are designed to provide comprehensive training in various aspects of taxation, including direct and indirect taxes, GST, income tax, corporate tax, and more. With Mumbai being a hub of business and finance, there is a growing demand for skilled taxation professionals.

Online taxation courses offer flexibility and convenience, allowing you to learn at your own pace from the comfort of your home. Many reputed institutions in Mumbai offer online courses that are tailored to meet industry standards. These courses are led by experienced faculty, providing practical insights through case studies and real-world examples. Moreover, you can benefit from interactive sessions, doubt-clearing classes, and access to extensive study materials.

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Is ALS IAS coaching in Mumbai Best for the preparation of the IAS examination in Mumbai?

Yes, The ALS IAS coaching in Mumbai follows a unique learning approach which consists of several distinct stages which include a training program for IAS entrance examination, self-study workshops, frequent class test, self-evaluation, answer writing sessions and many other ways to make a student the best. The classroom learning of this coaching is outstanding.

Important things to know about ALS IAS coaching in Mumbai:-

ALS IAS provides education to the students through both online and offline mode. 

The batch size of this Coaching Centre is 30 to 35 students. 

3 days of free demo classes for the students are conducted by this coaching.

This coaching also provides academic mentorship to the students.

A library facility is available for the aspirants of the IAS examination. 

This coaching provides best rated and quality design study material to the students. 

The faculty panel from this coaching is well experienced and have a good knowledge of preparing the students for the IAS examination

Which coaching centre is best for IAS preparation in Mumbai?

There are lots of coaching centres present in Mumbai but some of the coaching centres are known as one of the best coaching centres for the preparation of IAS examination in Mumbai because these coachings have provided the best results to the students and also the students are very satisfied with the teaching methodology and guidance provided by these coaching centres. the coaching centres which comes under the list of top IAS coaching in Mumbai are mentioned below:-

Plutus IAS is one of the best coaching centres for the preparation of the IAS examination. 

The Hindu zone coaching in Mumbai is another best IAS coaching centre in Mumbai and most of the students visit this coaching for the preparation of the IAS examination.

Dronacharya IAS Coaching in Mumbai prepares the students well.

AA Shah IAS Coaching in Mumbai for the preparation of the IAS examination.

Royale IAS Academy in Mumbai has proved itself to be the best coaching center for the preparation of IAS.

Paradigm IAS Coaching in Mumbai has helped a lot of students in achieving success in their life.

How to find the best IAS coaching in Mumbai?

There are lots of coaching centres present in Mumbai for the preparation of the IAS examination and out of all these coaching centres the main thing was to find out the best IAS coaching in Mumbai for the Aspiring aspirants. The aspirants need to do a lot of hard work to achieve success in the IAS examination for which we have come up with this article. While searching for an IAS coaching the question comes to our mind is how to find the best IAS coaching in Mumbai? To find the best IAS coaching in Mumbai one should know about:-

The past year’s results generated by the coaching.

The quality of faculty members who are providing education to the students.

The study material provided by the coaching centre.

The UPSC notes given to the aspirants.  

The batch size should be small so that every student can get equal attention.

What are the fees for IAS coaching in Mumbai?

The fee structure of all the IAS coaching in Mumbai is different. Most commonly the fee structure for IAS coaching is 1 Lakh + GST (Full IAS Course Fees) in which IAS Prelims, IAS Mains and IAS Interview IAS Course Included. IAS Test Series is also provided to the candidates. If you are interested in any of the coaching you can select the coaching by checking the list of best IAS coaching in Mumbai. The aspirant can visit the coaching centre or they can contact them with the help of contact details to know the proper fee structure of any particular coaching.

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Is ALS IAS coaching in Mumbai Best for the preparation of the IAS examination in Mumbai?

Yes, The ALS IAS coaching in Mumbai follows a unique learning approach which consists of several distinct stages which include a training program for IAS entrance examination, self-study workshops, frequent class test, self-evaluation, answer writing sessions and many other ways to make a student the best. The classroom learning of this coaching is outstanding.

Important things to know about ALS IAS coaching in Mumbai:-

ALS IAS provides education to the students through both online and offline mode. 

The batch size of this Coaching Centre is 30 to 35 students. 

3 days of free demo classes for the students are conducted by this coaching.

This coaching also provides academic mentorship to the students.

A library facility is available for the aspirants of the IAS examination. 

This coaching provides best rated and quality design study material to the students. 

The faculty panel from this coaching is well experienced and have a good knowledge of preparing the students for the IAS examination

Which coaching centre is best for IAS preparation in Mumbai?

There are lots of coaching centres present in Mumbai but some of the coaching centres are known as one of the best coaching centres for the preparation of IAS examination in Mumbai because these coachings have provided the best results to the students and also the students are very satisfied with the teaching methodology and guidance provided by these coaching centres. the coaching centres which comes under the list of top IAS coaching in Mumbai are mentioned below:-

Plutus IAS is one of the best coaching centres for the preparation of the IAS examination. 

The Hindu zone coaching in Mumbai is another best IAS coaching centre in Mumbai and most of the students visit this coaching for the preparation of the IAS examination.

Dronacharya IAS Coaching in Mumbai prepares the students well.

AA Shah IAS Coaching in Mumbai for the preparation of the IAS examination.

Royale IAS Academy in Mumbai has proved itself to be the best coaching center for the preparation of IAS.

Paradigm IAS Coaching in Mumbai has helped a lot of students in achieving success in their life.

What are the fees for IAS coaching in Mumbai?

The fee structure of all the IAS coaching in Mumbai is different. Most commonly the fee structure for IAS coaching is 1 Lakh + GST (Full IAS Course Fees) in which IAS Prelims, IAS Mains and IAS Interview IAS Course Included. IAS Test Series is also provided to the candidates. If you are interested in any of the coaching you can select the coaching by checking the list of best IAS coaching in Mumbai. The aspirant can visit the coaching centre or they can contact them with the help of contact details to know the proper fee structure of any particular coaching.

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About Kautilya IAS coaching - best IAS coaching institute in Mumbai

Kautilya IAS provides outstanding study resources to the students. The previous results from this coaching institute are impressive. this Coaching Institute in Mumbai is is giving back to back best results if you are going to appear for UPSC civil service examination so you should definitely opt for Kautilya IAS coaching institute for the preparation of UPSC civil service examination coaching institute conduct classes with the small batch size that is one of the great benefits of joining this coaching institute. Only 60 students are allowed per batch in this institution. This coaching institute provides special attention to each and every student. Different guest lectures are conducted by the coaching institute to guide the students towards success.

Address – Online Coaching

Contact Number – 8595907566

Fee Structure –  30,000+ GST 

Best IAS preparation in Mumbai 

Mumbai is a populated place and a lot of youngsters from Mumbai want to study in different streams. There are a lot of educational institutions present in Mumbai that are providing education to the students for different streams. The students who want to appear for UPSC civil service examination should definitely enroll for the course programme of Kautilya IAS. The teachers of Kautilya IAS Coaching Institute in Mumbai are highly experienced and they are serving the students with their best training methodologies.

Courses offered by Kautilya IAS for UPSC 

Civil Services

Judicial Services

CA Exam

English Literature

Civil Judge

MPSI

Defense Services

Banking

SSC

GATE

ESE

PSUs

MBA

Ranger

Samvidha Shikshak

Kautilya IAS Coaching Institute Mumbai reviews 

Google reviews - 4.5 out of 5 stars ( 11 reviews )

Oureducation rating - 4.9 out of 5 stars (44 Votes)

Instituterank.com rating -  4.7 stars out of 5 stars (8 Votes)

Bestcoaching.app rating - 4.3  stars out of 5 stars (2 votes)

About the faculty members of Kautilya IAS 

The faculty members of Kautilya IAS have good experience of training the aspirants for the IAS examination. All the faculty members of Kautilya IAS in Mumbai are from the top educational institutions and they are experts in their respective domains.

Key features

Booklets for the preparation of UPSC examinations are provided by this coaching institute.

Online notes are available for the aspirants of the UPSC civil service examination.

A discount is provided to the female aspirants.

Class notes are given to the candidates for the preparation of UPSC.

The benefit of joining this coaching institute is that they will provide you an opportunity to discuss the lessons with online study groups. 

Recorded lectures are provided to the students by the coaching institute.

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Benefits Of Getting Your Business An MSME Registration

The Micro, Small and Medium Enterprises are considered as a very significant piece of India’s legacy economic model and a part of the critical supply chain for products and services. This sector is the job creator as well as play a crucial role in providing large-scale employment and industrialization of rural and backward areas. In 2015-2016, according to the National Sample Survey (NSS) 73rd round, there were around 633.8 lakh unincorporated non-agriculture enterprises in the country which are dealing in different economic activities providing employment to 11.10 crore workers.

Although getting MSME online registration is not mandatory but it is always suggested to small and medium enterprises to get it done it provides a variety of benefits. Benefits such as rate of interest charged would be very less, tax subsidies, capital investment subsidies and much other support from the government sector.

Read: efilingcompany are the best gst consultants in India

Incfile.in can help your business obtain MSME Registration online to avail a host of benefits. MSME online registration or SSI online registration can be done through us in Delhi NCR, Mumbai, Bengaluru, Chennai & all other Indian cities.

What is MSME ?

In India, MSME introduced in the year 2006. Actually, there are still some service sector that was not yet included in this sector was included in the definition of the Micro, Small and Medium-sized Enterprises making a historic change to this Act. Hence, leveraging the scope of the sector even now the government simplified the MSME Registration online with the paperless work.

 Our Blog: Registering as Private Limited Company in India

 The benefits of MSME registration include priority sector lending, power tariff subsidies, capital investment subsidies and excise and direct tax exemptions. Following are the conditions which need to be fulfilled to qualify under MSME Act.

All the manufacturing enterprises which have invested less than 10 crores in machinery and plant are allowed to be registered as MSME.

In service enterprises, the investment in plant and machinery should not be more than 5 crores.

And in near future, if your enterprise exceeds the maximum limit, then it will not sum up as MSME.

Types of MSMEs?

Micro-enterprises are the smallest entities, of course. The investment under Micro manufacturing enterprises should be less than Rs. 25 lakhs in plant and machinery, whereas, the micro service enterprises should not exceed Rs. 10 lakhs investment.

In small manufacturing enterprises, the investment should be in between Rs. 25 lakh and Rs. 5 crores in plant and machinery, while in small service enterprises this investment limits between Rs. 10 lakh and Rs. 2 crores.

And if we’ll talk about the Medium manufacturing enterprises, then the investment should be in between Rs. 5 crore and Rs. 10 crores in plant and machinery, and for small service enterprises it should be in between Rs. 2 crore and Rs. 5 crores

  Also: efilingcompany best tax consultant in India you are looking for.

 Benefits of MSME Registration

There are multiple benefits of MSME / SSI registration for small businesses:

  Cheaper bank loans : The rate of interest on loan offered to MSMEs is 1-1.5% lower compared to typical business loan interest.

Easy access to credit : PM Modi has introduced the Mudhra Loan scheme, which provides loans to MSME / SSI without collaterals.

Quicker approvals from state and central government bodies: Business registered under MSME are given higher preference in terms of government license and certification.

Tax rebates : MSME / SSI registered businesses enjoy multiple income taxes and capital gains tax subsidies from the government.

Cheaper infrastructure : Charges are lower for MSME registered company for facilities such as electricity and VAT exemptions. In fact, other business services such as patents are also cheaper for MSMEs.

Access to tenders : There are multiple government tenders which are open only to MSMEs to promote small business participation in the India.

You just need to fill our simple msme registration form which would ask about your basic information. In case of ssi registration, a ssi registration form will be filled. This would be required while filing your application with the department. 

To Know more about Procedure For MSME Registration and Our Package Click on the link or Visit Us at  EfilingCompany.com

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Small biz, big trouble: Covid-19 disruption might prove fatal for many of India’s MSME units

New Post has been published on https://apzweb.com/small-biz-big-trouble-covid-19-disruption-might-prove-fatal-for-many-of-indias-msme-units/

Small biz, big trouble: Covid-19 disruption might prove fatal for many of India’s MSME units

In the afternoon of April 23, Thursday, more than 100 small businessmen around Mumbai and Thane met through a conference call over the online conferencing software Zoom, to discuss the reopening of businesses after the lockdown. There was a quick consensus in the meeting that went on for nearly two hours — no one is ready to restart immediately. The supply chains for raw material simply do not exist at this point, even though some units have permissions to operate and others are expecting it in early May.

The meeting, organised by the Mumbai-based IMC Chamber of Commerce and Industry, had businessmen seeing May-end as a plausible date for reopening. But there was another, more startling, consensus emerging at the meeting organised to discuss a reopening playbook — at least 25-30% of the businesses would not survive the crisis created by the Covid-19 pandemic.

ET Magazine spoke to a dozen businessmen from across India — owners of businesses that fit into the category of micro, small and medium enterprises (MSME) — and found that this feeling of staring at an abyss was pervasive. The biggest worry is, of course, a liquidity crunch, followed by a disrupted supply chain and labour availability. The sector employs almost 12 crore people, making a large number of the country’s households dependent on the 63 million MSME units. It also accounts for a third of India’s manufacturing output and 45% of exports.

Many units have paid their workers wages for March in full and are prepared for April payments. While there are no revenues now, there is a government mandate to keep paying salaries and wages. There are other bills like electricity and water that also have to be paid. But without revenues or substantial government support, there is no way they can carry on in May and beyond. “Wages and salaries are the biggest issue, and everyone is sweeping it under the carpet,” says Ashish Vaid, president of the IMC that is also a federation of 170 industry associations from western India.

Labour Lost Vaid, himself a realtor with annual sales of Rs 200 crore, says all MSMEs should be eligible for bank loans equivalent to three months wages at repo rates. Multiple industry associations, including the Confederation of Indian Industry, have petitioned the government for a bailout package for the MSME sector (essentially all businesses with capital investments up to a maximum of Rs 10 crore).

Apart from loans to cover wages, there are othercommon requests like suspension of contributions to employee’s provident fund and Employee State Insurance Corporation (ESIC) for six months. Some demand that there should be a clawback of GST that has already been paid. Easier access to bank loans, especially at low rates, with help from the state and central governments, is another common theme, as is a moratorium on repayments for six months and a 25% increase in working capital loans. Seeking more loans and a simultaneous moratorium on repayments are also a sign of underlying desperation in the sector.

Take first-generation entrepreneur Raja Shanmugam of Tiruppur. His 31-year-old knitted T-shirts manufacturing unit Warsaw International employs 650-800 workers. At least 150 workers are currently lodged in the company’s hostels at Tiruppur. It is a labour-intensive industry and the annual wages bill is almost 30% of sales. Payment from his Indian as well as European buyers stopped in March, and Shanmugam has not been able to ship completed orders either. He wants the government to use ESIC money to take care of the workers’ wages from April onwards.

DK Aggarwal, president of PHD Chamber of Commerce and Industry, an association of MSME organisations across states, says restarting units won’t be easy because of the liquidity crunch that the sector is facing. “Cash flow has stopped.

After paying April salaries, all MSMEs will be hand-to mouth.

Plus, there will be no demand, and workers would have also left for their villages.”

Reopening plants in May could lead to revenue flows restarting. But things won’t be so smooth. While there is general consensus that businesses should pay their workers through the lockdown, there are several restrictions on the use of the same workforce once a factory reopens.

Strict rules for social distancing while reopening are not viable for manufacturing units, especially MSME units that have small premises. Nayan Patel, a former president of IMC, explained that his own business, which makes motion control devices, needs a 150-member shift, with multiple processes, that cannot operate with fewer people.

The layout and configuration of machinery and workstations are such that it cannot be done. Many from across the country echo Patel’s view. For Jaipur-based switchgear maker Anil Saboo, the biggest worry is labour shortage, as many employees have left for their states in eastern India.

“There are 15 men living inside my factory today, but the moment the lockdown is lifted, they want to leave for home,” Saboo says.

Gurgaon-based Dev Goel, who runs a package substations and switchboard plant from Manesar, sees a big worry in maintaining social distance inside the factory while labourers work as welders, or lift large items. There was a fear of police action and FIRs being registered against factory owners if these norms were not followed and negligence led to Covid-19 infections in workers. The central government clarified last week that no businessperson will be arrested for workers getting infected with Covid-19 after reopening. However, restrictions have created impediments. Goel said almost 95% of the members of the Manesar Industries Welfare Association have decided to wait and watch and not rush into reopening their plants, in spite of having permission to restart.

Or, take the case of Chetanbhai Makwana, who runs a medicated soap manufacturing unit at Gheekanta, Ahmedabad. Makwana had started his soap unit as an essential service, with 20% staff, but had to shut it down on Friday as only one worker turned up for work.

Broken Chains Apart from cash crunches and labour dislocation, there are serious supply chain and regulatory issues that have affected the MSME sector.

For instance, permissions to restart operations do not come easily, even if you are deemed as an essential service. Amit Seksaria, managing director of RRL Steels Group in Kolkata, says he received a letter from Coal India on April 8, asking him to restart operations. His unit makes ground engaging tools for coal mining and hence is deemed to be an essential service linked to the power sector. However, his application for restarting, filed with the state government, is yet to elicit a reply. While one of his units is in a Covid-19 hotspot, the other one is in a rural area. Seksaria also exports to the Netherlands and Spain and export consignments have been loaded on containers at his factory near Kolkata for orders from these countries. “I am receiving urgent missives from my European buyers but I am not able to send these containers to the Haldia port, which I am told is operating,” Seksaria says.

An injection-moulding unit owner in Daman said he is in a similar predicament, as he manufactures packaging material for the pharmaceuticals industry, but his application for restarting his unit has been stuck at the collector’s office, while some of the larger plants have got permission. Unwilling to be quoted, he says that as a buyer of polypropylene from very large petrochemical companies and a supplier of bottle caps to big pharmaceutical companies, his cash flow is usually squeezed as he has to buy with cash and supply on credit. The crisis has aggravated his problem.

In large parts of Uttar Pradesh, while there is no ban, the non-vegetarian food chain has virtually shut down. Eggs, though, are selling. Mukul Tandon, president of the Merchant’s Chamber of Uttar Pradesh, owns a poultry business, with 75,000 eggs per day. “The retail channels have collapsed and we do not know how to sell the eggs. The industry as a whole in the state produces almost 6 lakh eggs per day. While costs are Rs 3.75 per egg, I am forced to sell them at Rs 2-2.5,” Tandon told ET Magazine.

Nitin Gadkari’s interview by Prerna Katiyar Various MSME chambers have sought relief measures. Is the government thinking of a package for MSMEs? To mitigate the impact on MSME sector, the RBI (Reserve Bank of India) has announced a set of relief measures on March 27. A second set of measures was announced on April 17. These measures were primarily meant to maintain adequate liquidity in the system, facilitate and incentivise bank credit flows, ease financial stress and enable the normal functioning of the sector.

The road ahead is not easy. As a nation, we need to fight this together. Industry associations have highlighted their demands in my interactions. Some suggestions require total government support, while others require policy changes and facilitation. We can’t be guided only by the response of other countries. Our economy has its own unique features and hence its own requirements for a return to normalcy. I can assure you that PM Modiji is fully aware of the situation and under his leadership we will be able to chalk a way forward for supporting MSMEs in the best possible way.

Is there any plan to help MSME units with wage payment if lockdown continues beyond May 3? The government on March 26 announced a Rs 1.7 lakh crore relief package under the Pradhan Mantri Garib Kalyan Yojana (PMGKY) for the poor to help them fight the battle against the coronavirus pandemic. As part of the said package, the Centre proposes to pay the EPF (Employees’ Provident Fund) contribution for next three months of certain categories of employees.

Our objective is to get the best impact of government support not only for MSMEs but also for the poor. There has to be a balance and the result should be the highest impact of government support on society.

The threat of an FIR in case a new infection is detected at a factory has scared many MSME owners. Would you like to reassure them? Social distancing is a reality. The Home Ministry has issued several orders and guidelines, which provide the framework for economic activity to resume, respecting norms of social distancing and personal hygiene. Industrial units and business establishments need to reinvent their workspaces to comply with the guidelines for their own safety as well as the safety of the workers. The Home Ministry has also clarified that the lockdown guidelines should not be misused to harass the management of manufacturing and commercial establishments. That should help in addressing any fears. We are proactively dealing with such issues.

Once business is disrupted, it is difficult for smaller players to recoup and restart. Seksaria says that unless there is an opportunity to start production in May, businesses will start crumbling. Goel of Manesar adds, the lockdown may be followed by lockouts.

Not every MSME business owner is pessimistic.

Bhopal-based entrepreneur Kunal Giani says his motto of constantly focusing on cash flows and staying debt free has held him in good stead today. Giani started his business in rebonded foam, a raw material for mattresses, in 2011, straight out of college. Giani’s father, a banker, had taken voluntary retirement in 2006 to start the business. Bad luck struck and he died in an accident before he could start.

Young Kunal completed his engineering education and took on the mantle.

No one was ready to lend to a young man selling mattress foam on a bike. The company is a debt-free operation today.

With sales of Rs 110-135 crore and two plants, one in Bhopal and another in Uttar Pradesh’s Secunderabad, Giani says he is in a good position to pay salaries for April. The raw material stock, chemicals imported from Southeast Asia, can also last a few months. The lockdown has, of course, impacted his plans to start a new factory in Colombo to supply the south Indian markets. It has also affected the launch of a new product, a mattress that comes in a box, priced at Rs 1,000.

Giani’s firm Sarva Foam Industries is an exception.

But he, too, wants to borrow today and is seeking easier access to credit. However, most small businesses in India are not built like that, points out Nayan Patel. “MSME businesses are usually a month-to-month operation, with little reserves for the future. A disruption like this might just mean restarting everything,” Patel says.

Therefore, a lot of hope is now pinned on moves by the government of India and state governments. Various MSME bodies have even sought income-tax sops. Many MSMEs operate as sole proprietorship firms or partnerships, and are not eligible for the lower corporate tax rates, announced by the finance minister in mid-2019. The US has announced a $484 billion stimulus package for small businesses. The MSME entrepreneurs are hoping that Finance Minister Nirmala Sitharaman will draw some inspiration from it and announce a package for Indian small businesses too. After all, her first package of Rs 1.7 lakh crore also drew inspiration from US action. Others, knowing the Indian government has little leeway, have set their eyes on social security funds like the EPF or the ESIC. For a large and critically important sector that generates a large number of jobs and supplies components for nearly every product that we use, no easy solutions are in sight.

In a Fix Over Accommodation by Prerna Katiyar It is 6 am when a bus pulls into Bhangel in Noida. A handful of employees of Medico Electrodes International Limited form a queue to board the vehicle provided by their employer. But first, an attender checks if they are wearing masks properly and sprays sanitisers on their hands. The bus is filled from the back — one in each seat, every other row. Except for the occasional ringing of mobile phones, the ride to office is eerily silent.

Medico, which makes disposable ECG electrodes, picks up its workers from multiple locations in a 3-4 km radius around its factory in Noida special economic zone (SEZ). It takes adequate precautions. “The buses are disinfected after every trip,” says company’s CMD Amit Mehra. “So is the factory after every shift.”

Before they enter the factory, workers also go through a thermal screening and hand washing-sanitising routine. They also get fresh masks are head caps.

In the shop floor, they work on alternate machines to ensure social distancing.

Employees maintain social distancing on the work floor

Medico, classified as an essential service unit, has been working at 50% staff capacity with 300 workers across three shifts since the lockdown. CMD Mehra has been busier than ever, juggling between video-conferencing with staff working from home and domestic and foreign clients. He visits the production floor regularly to check social distancing and other sanitation arrangements. “We give free ration to all workers every fortnight, provided additional Rs 3 lakh Covid-19 insurance cover and are providing transportation services,” he says. Regular counselling is also provided to help workers.

But Mehra, who managed to run his operations through the severe lockdown, faces a serious problem as the government partly opens economic activities.

An order issued on April 22 by the deputy commissioner of the district industries centre, Gautam Buddh Nagar, to provide accommodation to workers within or nearby factory has put him in a bind. “We have three days to comply with the order or shut shop. How can we make such arrangements for 250 people so fast? Besides, will the families of our 60-odd women workers allow them to stay at factories? We are a healthcare unit. Do we shut down now?” says Mehra.

As such, the operations at Medico had slowed due to social distancing. During lunchtime, only one worker is allowed to sit in a table. So it takes almost three hours for the entire team to finish their meals and return to work after a round of sanitisation.

Medico employees undergo a temperature check before boarding the company buses

The situation is almost same at the 13 essential sector units among the 250 factories operational at Noida SEZ now. As the morning shift comes to an end at Medico, workers toss the used head caps and masks in a bin, wash and sanitise their hands and wear fresh face covers. Soon they line up a metre apart to board the buses for a ride back home. All in a day’s work now.

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