Search
Government Revises MSME Classification Thresholds
The Central Government has revised the investment and turnover thresholds for classifying Micro, Small, and Medium Enterprises under the MSME Act, effective from 1 April 2025. The updated limits aim to broaden MSME coverage and enhance access to statutory benefits for a wider base of enterprises, subject to timely Udyam re-registration.
Apr 102 min read
A New Dawn for MSMEs: The IBC's Strategic Insolvency Framework
Introduction The Insolvency and Bankruptcy Code ( ‘IBC’ ), enacted in India in 2016, provides a comprehensive framework for resolving...
Jul 20, 202411 min read