Union Government notified revised turnover and investment criteria for classifying Micro,Small and Medium Enterprises (MSMEs)
The government has notified changes to MSME classification criteria, revising investment and turnover limits effective April 1. Micro enterprises can now invest up to ₹2.5 crore (earlier ₹1 crore), with a turnover cap of ₹10 crore (earlier ₹5 crore). The government has notified significant revisions to turnover and investment criteria for classifying MSMEs that will […]