Compliance

Small businesses, here’s what you might miss out if not registered under MSME Act

Small businesses, here’s what you might miss out if not registered under MSME Act

Government of India has enacted the Micro, Small and Medium Enterprises Development Act, 2006 (“Act”) that seeks to extend policy support for MSMEs. By Rajat Prakash, Siddharth Mahajan Micro, Small and Medium Enterprise (MSME) sector is the most significant sector of the Indian economy after agriculture. To achieve the target of India becoming a $5…

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