New definition of MSMEs will be linked to turnover https://ift.tt/31XFkN0 - Walletnews For Me

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Tuesday, October 29, 2019

New definition of MSMEs will be linked to turnover https://ift.tt/31XFkN0

The government is finalising a new definition for micro, small and medium enterprises (MSMEs), which will be linked to turnover and do away with the current system of classifying units based on the capital deployed in plant and machinery.
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