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The Government of India has revised the investment and turnover limits for MSME classification. As per the latest notification, the new limits are: Investment criteria โ Micro Enterprises: Up to โน2.5 crore (earlier โน1 crore) โ Small Enterprises: Up to โน25 crore (earlier โน10 crore) โ Medium Enterprises: Up to โน125 crore (earlier โน50 crore) Turnover criteria Micro Enterprises: Up to โน10 crore (earlier โน5 crore) โ Small Enterprises: Up to โน100 crore (earlier โน50 crore) โ Medium Enterprises: Up to โน500 crore (earlier โน250 crore) These changes will be effective from April 1, 2025. For any clarifications or assistance, feel free to reach out to us. Oneness Compliance Consulting INDIA MSME | Compliance | Government Update | Business Growth | Oneness Compliance
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Founded in 2022, Oneness Compliance Consulting (OCC India) is a forward-thinking consultancy offering personalized, cost-effective solutions in taxation, finance, and compliance. Our seasoned team specializes in crafting tailored strategies to help b
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For Individuals & Partnership firm only (not LLP) . Know when ๐๐๐ฑ ๐๐ฎ๐๐ข๐ญ is applicable to you & about ๐ฉ๐ซ๐๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐ฏ๐ ๐ญ๐๐ฑ๐๐ญ๐ข๐จ๐ง For FY 2023-24, the presumptive taxation limits are as follows: If you fall within the limits and pa
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๐ก Not Every Registered Pvt Ltd/LLP/Firm is a Startup! ๐ Just because your business is registered as a Private Limited Company, LLP, or Partnership Firm doesnโt automatically make it a Startup. Thereโs a clear definition in the notification issued
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