Taxcharcha
Income TaxLatest

Retail and Wholesale trade to be considered as MSME

MSME

The Retail and Wholesale Trade has been included in the ambit of MSME and Udyam registration can be obtained in this domain also by the Retail and Wholesale trade.

In a tweet of Sh. Nitin Gadkari, Honorable Minister of Micro, Small and Medium Enterprises, it has been informed that the under the revised guidelines, MSME has issued order to include Retail and Wholesale trade as MSME and extending to them the benefit of priority sector lending under RBI guidelines.

 

 

Related posts

Recommendations of 43rd GST Council Meeting held on 28th May 2021

Team Taxcharcha

Notification No. 40/2020 – Central Tax – Extend the validity of e-way bills till 31.05.2020 for those e-way bills which expire during the period from 20.03.2020 to 15.04.2020 and generated till 24.03.2020.

Team Taxcharcha

Finance Act 2025 assented by the President of India