Tags: MSME

Extension in the Validity of existing MSME registrations

Extension in the Validity of existing MSME registrations

Validity of existing Enterpreneurs Memorandum (EM) Part-II and Udyog Aadhaar Memorandum (UAM) obtained till 30.6.2020 has been extended by Ministry of MSME from  31.3.2021 to 31.12.2021 vide notification no. S.O.2347(E) as a result of which holders of EM Part-II and UAMs will now be able to avail benefits of existing schemes and incentives. Owing to […]

Are You Eligible To Be a MSME?

Are You Eligible To Be a MSME?

The revised criteria for being classified as MSME was laid down vide Notification No. S.O.1702(E) dated 1.06.2020. The same has been in effect since 1.07.2020.The aforementioned notification classifies enterprises as MSMEs based on the following two parameters:1)  Investment in Plant & Machinery, and2)  Annual Turnover. The current position in terms of classification as MSME, based […]