In this article, we will discuss about...
What is MSME?
As per the MSME Development act 2006, Govt has notified certain categories of enterprises into
Micro, Small & Medium Enterprises based on their Investment in Plant & machinery:-
| Limit for investments in Plant & Machinery or Equipment | |||
| Micro | Small | Medium | |
| Manufacturing | 25 Lacs | 5 Crore. | 10 Crore. |
| Service Sector | 10 Lacs | 2 Crore. | 5 Crore. |
The benefit of Finance Scheme for MSME
- Get loans without security and on reduced interest rate
- Protection against delayed payment from buyers
- Promotions & Development scheme from Govt
- Preference policy
- Simplified exit scheme
Services Provided by AKT Associates
Pre-registration advise on how MSME registration is suitable/Beneficial for your business. Advise on mandatory and unnecessary compliances to further reduce your cost of compliance. Complete support and guidance for Pre to post-registration compliances.
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