AGP Executive Report
Last update: 4 hours agoTelangana MSME Push: The state plans a Centre of Excellence to help small firms adopt technology, find markets and attract investment. A monthly grievance day is also planned. India’s GST Reset: Proposed changes would remove tax officers’ arrest powers, raise the prosecution threshold to ₹5 crore and simplify seller registration. Faster refunds could ease cash-flow pressure for small businesses. Funding and Relief: India approved a ₹10,000-crore SME growth fund, while Malaysia’s 2027 budget plans higher minimum wages and expanded tax relief. Malaysia’s central bank is also adding RM5 billion to support 9,000 more SMEs. Rate Pressure: The RBI raised its benchmark rate by 0.25 percentage points to 5.5% and signalled tighter policy, which could increase borrowing costs for businesses.
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