In a policy shift welcomed across India’s micro-enterprise landscape, the revised definition of Micro, Small, and Medium Enterprises (MSMEs) has brought significant benefits to sole proprietors, formally recognizing them as key players in the national economy. The...
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Excise Duty Clarified for Sole Liquor Vendors
In a recent policy update, state excise departments across India have issued clarified guidelines on the applicability and calculation of excise duty for sole proprietors operating liquor businesses. This move is aimed at addressing long-standing confusion among...
Sole Traders Allowed to Avail Income Tax Amnesty
In a significant relief measure for small business owners, the Government of India has announced that sole traders are now eligible to participate in the latest Income Tax Amnesty Scheme, aimed at resolving past tax defaults and encouraging voluntary compliance. The...
Local Bodies Directed to Support Sole Retail Enterprises
In a major policy directive aimed at boosting grassroots commerce, the Ministry of Housing and Urban Affairs has instructed local bodies and municipal administrations across India to extend targeted support to sole retail enterprises. The order, which follows growing...
Sole Proprietors Get Fast-Track Trade License in Cities
In a significant urban reform aimed at boosting ease of doing business, several municipal corporations across India have introduced a fast-track mechanism for issuing trade licenses to sole proprietors. This initiative,...
National Portal Lists Verified Sole Business Licenses
In a move to enhance transparency and trust in small-scale commerce, the Government of India has launched a new feature on its national MSME portal to list and verify sole business licenses issued across the country. This initiative, introduced under the joint...
Government Offers Marketing Grants to Sole Businesses
In a major step to support micro-enterprises and individual entrepreneurs, the Government of India has introduced a new scheme offering marketing grants to sole proprietors across sectors. Spearheaded by the Ministry of Micro, Small and Medium Enterprises (MSME), the...
Labour Welfare Boards to Track Proprietor Employment Data
In a strategic move to enhance workforce transparency and policy planning, the Government of India has directed state-level Labour Welfare Boards to begin tracking employment data generated by sole proprietors across various sectors. The initiative, led by the...
Startup Recognition Certificate Available to Sole Traders
In a landmark policy shift aimed at expanding the startup ecosystem, the Government of India has announced that sole proprietors are now eligible to apply for the official Startup Recognition Certificate under the Startup India initiative. Previously restricted to...
Trade Mark Registry Prioritizes Sole Business Names
In a move to safeguard the identity of small business owners, the Trademarks Registry of India has announced a policy revision to prioritize trademark applications filed by sole proprietors. The decision, spearheaded by the Ministry of Commerce and Industry, aims to...