SMBConnect Receives Small Enterprise Business Award 2016

We feel honored and delighted having received the Small Enterprise Business Award 2016. This motivates us further to work even harder and achieve our goal of empowering many more small & medium enterprises in India.

Voice of SMEs
Know how Durga Das Thakur, owner of Kullu Handlooms in Himachal changed his destiny, overcoming all the difficulties that came his way with his determination and will power and fulfilled his dreams to become one of the known enterprenuers in the handloom industry in his town.
Union Budget 2017: Big Cheer for Small TaxPayers
Read Mr. Pranav Kumar, Founder & CEO of Plus Capital outlining the key interpretation of Union Budget 2017 for small taxpayers of the country calling it a “Middle Path Budget” where Arun Jaitley chose prudence over populism.
Unknown facts about union Budget 2017 !
We bring you some exclusive unknown facts on Union Budget 2017 because we believe that awareness is the key to making wise decisions.
Union Budget 2017 - View Point
Know the Union Budget 2017 from a finance & tax expert, Mr. Rishabh Kumar Sawansukha’s view who believes that the structural reforms with digitization of currency and public services will bring new era of transparency in governance.
20 Highlights of Union Budget 2017-18
Know the researcher of IIT Bombay, Mr. Nikhil Jain bringing the top 20 highlights from Union Budget 2017 covering all areas of the Indian economy.
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» India stands out as the only economy doing reforms: FM
» India to soon have a national MSME policy: Mishra
» Budget 2017 – How these 5 key points would shape up India’s competitiveness
» SMEs welcome Union Budget 2017-18
Issue 4 - Volume 2 | February 2017
Director Message

I am delighted to welcome you back to our monthly roundup. Before proceeding further, I would take a moment to thank you for your overwhelming response on our revamped newsletter effective from last month. Your valuable co-operation is much appreciated by us and we promise to always offer you with the best content and resources that strike the right chord with you.
After discussing all things marketing in the previous issue, we are focusing on the Union Budget’17 with the theme #BudgetWithSMBConnect this time. February was a much awaited month for the entire nation since everyone had their own set of hopes and expectations from the Union Budget 2017. Under the shadow of demonetization, the central government has pragmatically given a breather to the small & medium enterprises by reducing the income tax of companies with turnover upto 50 crore from the current 30% to 25%. This is expected to benefit 96% (6.67 lakh) of companies in India, also making them more competitive with the large companies. Pursuing with the theme of “Transform, Energize and Clean India” the union budget further has some big changes to offer in various other sectors like rural development, youth, IT, Digital economy et cetera. I think this is a good move by the government and hope the impacts are positive for the economy at large.
In this issue, you can find great insights on these issues and viewpoints from top industry experts discussing the various positives and repercussions of union budget’17, its highlights, unknown facts, impact on small & medium businesses and how the budget is going to affect you in the long run.

I hope you find our resources to the best of your use. Feedback would be highly appreciated.

Best Wishes,
Sandipan Ray
Director, SMBConnect

Quote of the Month
A right cause never fails – Arun Jaitley, Union Budget 2017
Fact of the month
The first union budget of Independent India was presented by R.K Shanmukham Chetty on Nov 26, 1947.
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