Our Founder & Managing Partner, Hasmukh Shah has provided guidance to thousands of MSME businesses from the Kuchhi community on YouTube live at the webinar organized by Mumbai-based NGO- Vagad Visha Oswal Borivali Social Group.
The MSME businesses are facing a critical financial crisis due to the complete stasis of the businesses amidst the lockdown situation. With his immense experience of 35+years, Hasmukh aims to guide them through the financial challenges imposed by the global pandemic. He elaborated on the risks that MSMEs might have to face in the near future and further explained the definition of the MSME from the perspective of the law and the registration process associated with it. He guided the audience through effective fund management and shed light on how the MSME businesses can reap the existing and additional benefits from the stimulus packages offered by the Government of India (GOI). He explained the provisions of tax reliefs and extensions provided for meeting various statutory and regulatory compliance.
He further advised MSMEs to maintain high morale and actively look for emerging opportunities, in order to make consistent progress.
