NETSERIES@HYSEA WEBINAR

SME benefits @ COVID Relief Package 2020

The 6th webinar as part of NetSeries@HYSEA on ‘SME benefits @ COVID Relief Package 2020’  was organised on 17th June 2020 by experts from KPMG and ICICI Bank. The session outlines Key Benefits for SMEs under the COVID Relief Package 2020 along with the eligibility criteria, guidance on application process and the documentation required.

Pradeep Narayanan, Partner Tax & Regulatory Services, KPMG, spoke on   

• Re-Categorization of SME by the Ministry & corresponding Pro’s & Con,s
• What are the Direct/Indirect Tax Incentives, Tax deferments/Moratoriums allowed for MSMEs as part of COVID Relief Package
• How to go about on the above ( Processes ), Dos & Don’ts if any

Rajosik Benerjee, Partner & Head KPMG Financial Risk Management  talked on

• Financial Incentives covered under various heads of COVID 19 Package – Direct  as well as  Notional Benefits, eligibility criteria / Understand the Fine print if any
• Step-by-Step processes for availing & Applying for these incentives / Loans

Senthil Kumar – Zonal Head, SME, ICICI Bank, shared details on 

• Loans for SMEs, COVID Related & other sources of non-collateral  finance options, Line of Credit and Working Capital loans

The webinar was attended by more that 150 associates from SME member companies and Startups.

Link to all presentations:

Presentation of Rajosik Banerjee – KPMG- Policy Measures

Presentation of Senthil Kumar – ICICI Bank – Emergency Credit Line Guarantee Scheme

Presentation of Pradeep Narayanan – KPMG Recent Tax Developments 

Session Recording: