Post by: Renu Suresh in MSME
Section 43B(h) - New MSME 45 Days Payment Rule To safeguard the interests of Micro and Small Enterprises (MSMEs) and ensure their payments are made promptly, Clause (h) in Section 43B, introduced by the Finance Act 2023, stipulates that if payments…
Post by: Dinesh Pandiyan in MSME
Udyam Verification: How to Verify the Udyam Registration? Udyam Verification is the process of checking your business's Udyam Registration Status. It helps you to validate and ensure the legitimacy of your MSME/Udyam registration. Applicants can check the status online at the Udyam Registration official website. You need…
Post by: Renu Suresh in MSME
Benefits of Udyam Registration for MSME Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India's economy, contributing significantly to employment generation, industrial growth, and exports. Recognizing their importance, the Indian Government has implemented various measures to support and…
Post by: Renu Suresh in MSME
MSME Registration - Udyam Registration India's Gross Domestic Product (GDP) benefits significantly from the substantial contributions of micro, small, and medium-sized enterprises (MSMEs). These enterprises employ over 110 million people. However, MSMEs encounter challenges and obstacles in their journey of…
Post by: Isha Purohit in MSME Startup India Registration
How Startups Differ from MSMEs In the business landscape, the terms "Startups" and "MSMEs" (Micro, Small, and Medium Enterprises) are often used interchangeably, leading to confusion among many. While startups and MSMEs contribute significantly to the Indian economy, they possess…
Post by: Renu Suresh in Government Initiatives MSME
Union Budget 2023-2024: Announcements for MSME Sector Finance Minister presented the Union Budget 2023 on February 1, 202. There were predominantly four significant steps announced by the Minister to support MSMEs during this financial year, while others intended to benefit…
Post by: Renu Suresh in MSME Udyog Aadhaar
What is Udyog Aadhar Benefits? Udyam Registration (earlier known as Udyog Aadhar) is a government registration process that certifies MSMEs with a unique identification number and a certificate. The sole motive behind the launch of the Udyam Registration was to…
Post by: Renu Suresh in MSME Udyog Aadhaar
What are Udyog Aadhar Fees? The Ministry of Micro, Small, and Medium Enterprises has issued a Unique Identification Number to Micro, Small, and Medium Enterprises (MSMEs), known as Udyog Aadhar. But the Udyog Aadhaar registration has been transformed to the…
Post by: Renu Suresh in MSME Udyog Aadhaar
Who is eligible for Udyog Aadhar? Udyog Aadhar was a registration provided to micro, small, and medium-sized businesses in India under the Micro, Small, and Medium Enterprise Development Act, 2006 (MSMED). Since July 2020, Udyog Aadhaar registration has become Udyam registration.…
Post by: Renu Suresh in MSME
New Guidelines of Micro & Small Enterprises Cluster Development Programm (MSE-CDP scheme) The Government of India has issued New Guidelines for Micro & Small Enterprises Cluster Development Programm (MSE-CDP scheme). MSE-CDP scheme aims to assist the financial and infrastructural needs of…