,

Cabinet approves new definition of MSME, turnover for medium enterprise increased to Rs 250 crore

The existing definition of MSMEs is done on the basis of investments put in, but the revised definitions now also include turnover of the company.

Source : The Economic Times

Link : https://economictimes.indiatimes.com/small-biz/sme-sector/cabinet-approves-new-definition-of-msme-turnover-for-medium-enterprise-increased-to-rs-250-crore/articleshow/76132935.cms

About Admin