Benefits for you as an MSME from 45-Days MSME Payment Rule

45-Days MSME Payment Rule for Income Tax Deduction

45-Day MSME Payment Rule

A new rule has been put in place to help small and medium-sized businesses in India get paid on time. From April 1, 2024, the government will allow buyers to claim income tax deductions for expenses only when they pay their suppliers, specifically the MSEs. This rule is a big deal for businesses in India, … Read more