List out advantages and dis advantages of msme development act 2006
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BENEFITS OF MSME REGISTRATION. ... Some of the benefits from Central Government include easy sanction of bank loans (Priority sector lending), lower rates of interest, excise exemption scheme, exemption under Direct Tax Laws and statutory support such as reservation and the interest on Delayed Payments Act
Medium enterprise: It will be unit with annual turnover is more than Rs. 75 crore but does not exceed Rs. 250 crore. The amendment empowers Central Government to vary turnover limits, provided not exceeding thrice the limits specified in Section 7 of MSMED Act by issuing notification
Medium enterprise: It will be unit with annual turnover is more than Rs. 75 crore but does not exceed Rs. 250 crore. The amendment empowers Central Government to vary turnover limits, provided not exceeding thrice the limits specified in Section 7 of MSMED Act by issuing notification
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