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Generate professional replies to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter.
Step 1 – Issue Identification & Review
The AI analyses your query, notice, order, or uploaded documents and identifies the key issues involved.
• Review the issues identified by the AI
• Add, edit, remove, or refine issues as required
Step 2 – Draft Generation
Once you approve the issues, the AI performs issue-wise legal research and prepares a structured draft response.
• Relevant statutory provisions
• Judicial precedents and Supreme Court, High Court and other citations
• Issue-wise legal analysis
• Practical arguments and supporting content
• Professionally structured draft ready for further review. 
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Government of India (GOI) has set up a Micro Units Development & Refinance Agency (MUDRA) Ltd. which would be responsible for refinancing all Micro-finance Institutions (MFIs), which are in the business of lending to micro / small business entities engaged in manufacturing, trading and services activities for loan upto Rupees Ten lakh.
This information was given by the Union Minister for Micro, Small and Medium Enterprises, Shri Kalraj Mishra in a written reply to a question in Rajya Sabha here today.
Microcredit refinancing expands support for micro and small enterprises through a dedicated refinancing agency enabling MFI lending. A dedicated refinancing agency will refinance Microfinance Institutions that extend retail loans to micro, small and service enterprises, providing a wholesale funding channel to strengthen MFI on lending capacity and setting an upper eligibility ceiling for retail advances qualifying for refinancing.Press 'Enter' after typing page number.