Category: GeM Portal

GeM providing increasing market access to seller groups like MSEs, Women SHGs and Startups to reinforce the Make in India Initiative

wealth4india June 17, 2021

GeM has facilitated 67.27 lakh orders worth 111,113 Crores from 18.85 lakh registered sellers and service providers for 52,275 Govt buyers.

Revoke TDS deduction for e-commerce firms: IAMAI

wealth4india May 28, 2020

The Internet and Mobile Associates of India(IAMAI) said that the tax deducted at souce (TDS) application for all product and service ecommerce firms needed to be revoked by the government. TDS, Which was introduced by through Section 194-0 of the Income Tax (I-T) act under the Finance Act 2020, mandated the deduction of 1% for …

Aatma Nirbhar Bharat, GeM Portal, Government Business, GST, GST Intelligence, GST On Trust, Income Tax, Marketing, Media, MSME

Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak.

wealth4india March 30, 2020

The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here today, Smt. Sitharaman announced much-needed relief measures in …

E-Assessment, GeM Portal, Government Business, GST, GST Advance Ruling Authority, GST Intelligence, GST On Trust, Income Tax, Marketing, MCA, Media, MSME, NCSRA, Society & NGO, Startup

GeM takes a number of initiatives for procurement of goods and services by Government departments in the fight against COVID-19 Pandemic.

wealth4india March 30, 2020

Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry, has taken a number of initiatives in the fight against COVID-19 Pandemic. GeM, which operates a dynamic, self-sustaining and user friendly portal for procurement of goods and services by Government offices, has taken steps to enable quick, efficient, transparent and cost-effective purchases …

GeM Portal, Government Business, Marketing, Media, MSME, Startup

Government Committed to Support MSME Sector

wealth4india February 4, 2020

The Government is committed to support the Micro, Small & Medium Enterprises (MSME) which is an important sector of the Indian economy that fosters entrepreneurship and generates employment opportunities at lower capital cost. The Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman tabled the Economic Survey 2019-20 in Parliament today. The Economic Survey …

Budget 2020, GeM Portal, Government Business, GST, GST Intelligence, Media, MSME

GeM Samvaad Roundtable with Ministries/Departments and CPSEs

wealth4india January 18, 2020

GeM Samvaad, a two month long national outreach programm was launched on 17th December 2019 to reach out to stakeholders across the country and also local sellers in order to facilitate on-boarding of local sellers on the marketplace while catering to specific requirements and procurement needs of buyers. The outreach programme took off from19th December 2019 and during …

GeM Portal, Government Business, Media, MSME

SMEs must strive to produce World Class Products; GeM to handhold Women Entrepreneurs in SME Manufacturing

wealth4india January 9, 2020

The Micro Small and Medium Enterprises (MSME) sector has better adaptability to cater to the export market due to its smaller size and can adapt to market change sooner said Union Minister of Commerce and Industry & Railways, Piyush Goyal, during a meeting held in New Delhi yesterday to discuss with MSME associations various industry …

Budget 2019, GeM Portal, Government Business, GST, Income Tax, Marketing, Media, MSME