Business Union Budget 2019: These tax reforms could help Indian MSMEs go global Updated : July 03, 2019 01:30 PM IST MSMEs contribute to 95 percent of the enterprises in the country with 40 percent of the total international exports. The government can consider providing tax credits for investment in energy efficiency initiatives. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.