India Small Business News Round-up – 24/04/2008

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:

  • Tax sop for SMEs may extend: Minister for information technology and communications A Raja has said that the govt may extend the income tax holiday to small and marginal information technology (IT) companies beyond 2009.
  • Infotech focuses on SMEs: HP has now launched 25 new printing solutions in the Asia Pacific market. These include SME optimised colour printers that will help SMEs design their marketing material in-house.
  • Small IT cos may get tax holiday beyond 2009: Government may extend income tax holidays to small and marginal IT companies beyond 2009.
  • Focus on small and marginal farmers: In a state like Jammu and Kashmir, it is the rural society and agriculture, which play an important role in transforming the economy. One of the major concerns hampering the smooth growth has been the unexplored potential of the state’s agriculture sector. We have seen that the agricultural productivity has remained low for several decades and investment in agriculture sector has been stagnant. The growth of agriculture is nowhere matching to its potential. The small and marginal farmers who
  • Short selling to start on April 21: India’s equity markets are all set to gain some more depth. Come April 21 and life will be different for many retail and institutional investors as
  • Indian Chinese businessmen game for M&As: A positive attitude exists among private business owners in emerging economies toward mergers and acquisitions.

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

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