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NSIC–Tally Collaboration: Empowering MSMEs with Smarter Business Solutions

On International MSME Day (27th June 2025), Tally Solutions, India’s leading technology company providing business automation software, signed a Memorandum of Understanding (MoU) with the National Small Industries Corporation Limited (NSIC)–a premier Government of India enterprise under the Ministry of MSME.

This MoU signifies a collaborative effort to digitally empower Micro, Small and Medium Enterprises (MSMEs) across the country and boost their growth trajectories through technology, capacity building, and integrated support services. The partnership aligns with the national vision of Viksit Bharat @2047 and India’s march towards becoming a $5 trillion economy.

It brings together NSIC’s expansive national network of 12 zonal offices and 46 branch offices with Tally’s decades-long expertise in providing intuitive, reliable software solutions for small businesses. Together, the two organizations will simplify business operations, strengthen competitiveness, and promote technology adoption to enhance the resilience of India’s MSME sector.

Why Choose TallyPrime?

For over three decades, Tally has been the trusted growth partner for entrepreneurs – more than 2.5 million businesses across 100+ countries rely on Tally to run smoothly and compliantly. Backed by a strong partner network of over 28,000 experts, Tally empowers MSMEs to simplify operations, ensure compliance, and scale with confidence.

TallyPrime, our flagship product, is designed to be:

How TallyPrime Helps MSMEs

1. Simplify Accounting & Finance
  • Automate bookkeeping and manage transactions in one place
  • Generate instant reports: Profit & Loss, Balance Sheet, Cash Flow, and more
  • Support multiple companies/units

Benefit: Save time, reduce errors, and keep books always up to date

2. Stay GST Compliant
  • Prepare GST returns and export filer-ready data
  • Reconcile data with GSTR-2A/2B to avoid ITC mismatches
  • Auto-create ledgers from GSTIN for faster onboarding
  • Integrated e-Invoicing and e-Way Bill generation directly in TallyPrime

Benefit: File returns confidently, reduce compliance risks, and protect ITC

3. Smart Inventory Management
  • Manage stock across warehouses, batches, and expiry dates
  • Track reorder levels, movements, and valuations
  • Simple production/assembly features for manufacturers

Benefit: Reduce wastage and always fulfill orders on time

4. Manage Sales, Purchases & Payments
  • Professional invoicing (digital & print)
  • Track receivables with automated reminders
  • Monitor supplier payments with aging analysis

Benefit: Improve cash flow and build stronger relationships

5. Payroll & Statutory Compliance
  • Generate payslips, manage employee records
  • Handle PF, ESI, TDS, and employee income tax

Benefit: Hassle-free payroll with compliance built in

6. Real-Time Reports & Insights
  • Dashboards for sales, purchases, and cash flow
  • Filters for customized reports
  • Export data for banks, auditors, and investors

Benefit: Smarter, faster business decisions with clear insights

7. Connected Services
  • Connected Banking -Automate payments and reconcile bank transactions
  • Cloud Access - Secure backups and remote connectivity to run business anywhere
  • E-Invoicing & E-Way Bill - Generate documents without leaving TallyPrime

Benefit: Stay connected, save time, and remain compliant at every step

8. Security & Control
  • Role-based access and permissions
  • Audit trail and edit logs for accountability
  • Encrypted backups with secure data ownership

Benefit: Peace of mind with safe, compliant data management

Built for All Types of MSMEs

NSIC-Tally Collaboration: Empowering MSMEs with Smarter Business Solutions Through a unique collaboration, NSIC and Tally bring trusted, easy-to-use business software closer to MSMEs across India.

How This Collaboration Helps You

Why Choose NSIC + Tally?

Together, NSIC and Tally ensure that MSMEs get the right tools, the right support, and the right value – all under one roof.

Pricing

Tally Product Basic Amount SGST @ 9% CGST @ 9% Customer Price (Incl. of all Taxes)
Product
TallyPrime Silver 22,500 2,025 2,025 26,550
TallyPrime Gold 67,500 6,075 6,075 79,650

Support You Can Rely On

Through the NSIC–Tally collaboration, MSMEs also gain:

Get Started Today

Tally Prime is more than software - it’s a growth partner for your business. With NSIC and Tally working together, MSMEs can take confident steps toward digital transformation.

© 2025 NSIC – Tally Collaboration | Empowering MSMEs in India