Budget Day Input on MSME Sector by Nitesh Mehta, Partner, M&A Tax and Regulatory Services, BDO India

Below the Budget Day Input on MSME Sector by Nitesh Mehta, Partner, M&A Tax and Regulatory Services, BDO India
“Significant increase in limits of turnover and investment for classification as MSME would facilitate a lot of companies to get classified as MSMEs and thereby become eligible for MSME benefits, including access to credit. This measure, coupled with setting up of a new Fund of Funds, with additional funding to start-ups is likely to fuel further growth for start-ups/early stage companies”
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