Centre’s New Payment Rule A Bane In Disguise For MSMEs
January 28, 2024 13:36The Centre has implemented a new rule under which buyers must pay for goods bought from MSMEs within 45 days of delivery and clear all dues to MSMEs before March 31, 2024, failing which the pending payment will be deemed as taxable income. While the government’s intent is to protect MSMEs Ahmedabad’s textile markets are […]