CA Professionals & SMEs in Make in India
Transcript of CA Professionals & SMEs in Make in India
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EVERY CHALLENGEEVERY BOTTLENECK
EVERY SHORTCOMING
OF SME SECTOR
RESULTS INTO PROFESSIONALOPPORTUNITY AJAY GARG
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EACH NEW ACTEACH NEW POLICY
EACH NEW SCHEMEEACH AMENDMENT
OPENS UP
NEW OPPORTUNITY AJAY GARGTeam AGBians
….AND IN CASE OF MSME
EVERY NEW OPPORTUNITY FIRSTLY KNOCK AT THE DOOR
OF STATUTORY AUDITOR
WHY SO?
TIME TO BE FUTURE READY
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MSME (DEVELOPMENT ACT, 2006
REGISTRAR OF BUSINESS ENTITIES – Beyond RoC
CATERS TO MANUFACTURING AND SERVICE SECTOR BOTH
EVEN YOUR OWN FIRM IS ELIGIBLE TO GET EM2
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MSME – ECONOMICALLY WEAKER SECTION OF BUSINESS W0RLD - www.msme.gov.in
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MSME – ECONOMICALLY WEAKER SECTION OF BUSINESS WORLD - www.msme.gov.in
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NSIC HAS AGAIN BECOME RELEVANTPROVIDING NUMBER OF SERVICES FOR
MSME UNITS GET RECONNECTED www.nsic.co.in
NSIC HAS AGAIN BECOME RELEVANTPROVIDING NUMBER OF SERVICES FOR
MSME UNITS GET RECONNECTED www.nsic.co.in
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NEXT BUDGET AND
MSME WORLD
JUST FOCUS ON EXPENDITURE
SIDE OF BUDGETAJAY GARG
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MINISTRY OF MSME – WHAT’S NEW?
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•MACHINE PRODUCES MORE THAN MAN
•MACHINE GIVES MORE EMPLOYMENT THAN MAN
•MACHINE CAN WORK LONGER THAN MAN
•EVEN SERVICE SECTOR PRODUCES MORE WITH MACHINES
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WHY MAKE IN INDIA ?
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WHY MAKE IN INDIA CAMPAIGN?WHY MAKE IN INDIA CAMPAIGN?
WE ALL ARE AWARE ABOUT PRODUCABLE BUT BULGEONING IMPORT ITMES
* DEFENCE PRODUCTS *EDIBLE OILS* ELECTRONIC HARDWARE *PROCESSED AGRO PRODUCT
LAST THREE ARE FORTE OF MSME SECTOR. EVEN IN FIRST MSME WILL BECOME CHANNEL SUPPLIERS
HENCE SPECIAL THRUST ON MSME RELATED ISSUES
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MSME – MAKE IN INDIA CAMPAIGNMSME – MAKE IN INDIA CAMPAIGN• DO YOU KNOW ABOUT CREATION OF ELECTRONIC
DEVELOPMENT FUND?
• SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET FUNDS UNDER SOON TO BE LAUNCHED EDF SCHEME
• SEARCH WHETHER ANY OF YOUR CLIENT IS ELIGIBLE TO GET FUNDS UNDER ‘FUND FOR PROMOTING INNOVATION, ENTREPRENEURSHIP AND AGRO INDUSTRY’
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QUALITY OF COLLATERAL SECURITYNEITHER EQUITY NOR DEBT
DEBT – UNIQUE MODELS DEBT – UNIQUE INSTRUMENTS
EQUITY – VCF – BIG NOEQUITY – ANGEL INVESTOR – YES
OPPORTUNITIES - IMMENSE
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EXCITING TIMES FOR SMPs
• IS IT TIME TO MOVE ON AND LOOK BEYOND AUDIT ? PERHAPS YES
• IS IT TIME TO MOVE ON AND LOOK BEYOND LARGE MANUFACTURING UNITS? PERHAPS YES
• IS IT TIME TO MOVE ON AND LOOK BEYOND MANUFACTURING SECTOR? PERHAPS YES
EASE OF DOING BUSINESS – REFORMS EASE OF DOING BUSINESS – REFORMS
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TARGET TO IMPROVE EODB RANKINGDIGITAL INDIA
REDUCTION IN NUMBER OF FORMS – WILL THERE BE SINGLE TAX NUMBER ?
ONLINE CLEARANCE MECHANISM – IS IT POSSIBLE AND PRACTICAL?
GOVERNMENT APPROVALS – SINGLE WINDOW – CAN IT HAPPEN?
SMPs – EYE CANDY MINISTRIES SMPs – EYE CANDY MINISTRIES
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• Ministry of MSME www.msme.gov.in • Ministry of Entrepreneurship, Skill
Development, YAS www.yas.nic.in • Ministry of Food Processing
Industries www.mofpi.nic.in • Ministry of Road Transport and
Highways www.morth.nic.in • Ministry of Urban Development
www.moud.nic.in • Ministry of Social Justice and
Empowerment www.socialjustice.nic.in
Proprietorship and Partnership Mode of Doing Business – Relevant Again
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Address :North DelhiBhavishya Nidhi Bhawan, 28, Community Centre, Wazirpur Industrial Area, Delhi-110052 AJAY GARG
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NEW ERA BEGINS WITH UAN AND DSC BASED FILING
• Registration•Modifications•Records• Returns• Updations
• Registration•Modifications•Records• Returns• Updations
http://www.esic.nic.in/rajasthan-boffice.php AJAY GARGTeam AGBians
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Traditional Practice is Shrinking
New Opportunities are Emerging. To Stand Ahead – Align with New
Emerging Opportunities. My Life – My Choice.
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EXPLORE - THINK - ACT