India Small Business News Round-up – 03/04/2008

Here is this week’s news round-up for home business, micro business, sole-traders, freelancers, self-employed and any one who is interested in small business news from India:

  • Gujarat Venture Fund raises Rs 600 mn for small firms: Ahmedabad: Gujarat Venture Fund Limited (GVFL) has raised Rs 600 million for its small and me…
  • 1 month entrepreneurship dev programme concludes: Jammu, Mar 28: Micro, Small andamp; Medium Enterprises Development Institute, Jandamp;K, Jammu (formerly Small Industries Service Institute) a functionary under Ministry of Micro, Smallandnbsp; andamp; Medium Enterprises, Government of India concluded One Month Entrepreneurship Developmentandnbsp; Programme in the area of General Engineering workshop. andnbsp;The programme benefited 15 participants who during the programme were imparted job trainingandnbsp; on various mechanical machines
  • Builders feel steel-price pinch: Builders involved in the commonwealth games particularly smaller builders are threatening to stop work in time because of rise in costs of crucial inp
  • “Quote PAN in TDA returns”: Srinagar, Apr 1: The Income Tax Department had on 26.3.2008 advised all tax deducters to invariably quote PAN in their TDS returns in all cases wherein they have deducted tax and deposited it into the government account.andnbsp; This has been emphasized as non-quoting of PAN results in inability to give credit to the deductees while processing their cases. The need for accurate quoting of PAN is critical as from assessment year 2007-08, the department has prescribed return forms without attachments

As always this list is not exhaustive, but I hope it will give you a little overview. — ST.

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