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Re-imagining finance for MSMEs to transform the Indian economy

The small businesses are the growth engines of the Indian economy, contributing 30% ... (more…)

#SMEs finance

MSME fintech start-up M1xchange raises fresh funding from Beenext...

M1xchange, a digital invoice discounting platform for micro, small and medium enterprises (MSMEs)... (more…)

#M1xchange


Why amendments of Indian Factoring Act are needed

With the enactment of the Factoring Regulation Act 2011... (more…)

#factoring regulation


MSME taxpayers may file GSTR via SMS in India

There have been demands from the taxpayers, mostly in the MSME sector... (more…)

#exports#invoice#liquidity


SC Ventures launches trade finance start-up in India

SC Ventures, the innovation, ventures and fintech investments unit of Standard Chartered, announced... (more…)

#SOLV


Tradewind Finance announces US$3m SCF facility for garment company...

Tradewind Finance has closed a US$3m supply chain finance (SCF) facility for... (more…)

#Tradewind Finance


CBIC for physical verification of entities to check invoicing...

The Central Board of Indirect Taxes & Customs (CBIC) proposes to carry out physical... (more…)

#fake invoices#frauds#invoice


GST Council law panel to take up steps to...

Provisions related to registrations including deemed registrations are likely to be tightened... (more…)

#fake invoices


GST compliance related to e-invoices tightened in India

It has been touted as a game changer, and one of the reasons why the proposed overhaul of ... (more…)

#e-invoices


HSBC transacts on Chinese blockchain trade finance platform

Around Christmas time in 2018, the China Banking Association (CBA) unveiled the... (more…)

#CBA


Chinese banks stepping up blockchain cross-border trade financing

Chinese banks are looking to up their cross-border trade game... (more…)

#blockchain


Cabinet approves enactment of EXIM Bank of Pakistan

The federal cabinet on Tuesday gave an approval for enactment of the... (more…)

#Exim Bank

Almost 7 million e-invoices issued in first week of...

As many as 69.5 lakh e-invoices (invoice reference number) have been generated by 71,000... (more…)

#COVID#COVID-19#e-invoices

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