Govt. Introduces New Definition of MSME w.e.f. 1st July: Increases Limit of Investment & Turnover 1

Govt. Introduces New Definition of MSME w.e.f. 1st July: Increases Limit of Investment & Turnover

  “Old Definition” of MSME as per MSMED Act, 2006: As per the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 enacted by the Government of India, the definition of an MSME encompasses Micro, Small and Medium Enterprises which are further classified into two categories: Companies in the Manufacturing Sector Enterprises involved in the…
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June 4, 2020 0