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Govt may relax 45-day payment rule for MSMEs in budget

Govt may relax 45-day payment rule for MSMEs in budget

The government is considering suggestions regarding changes to Section 43B(h) of the Income Tax Act made by MSMEs during pre-budget consultations New Delhi: The government may relax the requirement of making payments to MSMEs within 45 days of buying goods and services to check large corporations from looking at other sourcing avenues, sources said. An […]

The post Govt may relax 45-day payment rule for MSMEs in budget appeared first on India Retailing.

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