Artificial Intelligence is Integrated into AVEVA System Platform for Unsupervised Detection of Operational Anomalies

The Union Ministry of Micro, Small and Medium Enterprises (MSME) has begun the new process of classification and registration of enterprises starting from July 1, 2020 under its Udyam Registration programme.

In a major move towards GST payers’ facilitation, the Central Government has decided to provide the facility of SMS filing of NIL statement of Form GSTR-1 from the first week of July 2020.

Micro, medium and small enterprises will now be simply categorised as ‘udyam’, and such entities can simply file for the process of Udyam Registration online based on self-declaration with no requirement to upload documents, papers, certificates or proof.

Union Minister for Micro, Medium and Small Enterprises (MSME) & Road Transport and Highways, Nitin Gadkari has suggested that companies must invest about 2-3 per cent of their annual profits into R&D as the conversion of knowledge into wealth played an important role in the development of the industry.

Union Minister for Road Transport & Highways and Micro, Small and Medium Enterprises (MSMEs), Nitin Gadkari has asserted that the country would become a manufacturing hub for electric vehicles (EVs) in the next five years.

Boosting the demand in India’s beleaguered housing sector would require a collaborative effort between the government, banks and developers.

The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman today said that the COVID emergency credit facility covers all companies and not just MSMEs.

In a significant move towards taxpayer facilitation, the government has allowed taxpayers with NIL liability to file their monthly GST return in FORM GSTR-3B through short message service or SMS.