Govt notifies revisions to investment, turnover criteria for MSMEs; to take effect from April 1
Union Finance Minister Nirmala Sitharaman. | Photo Credit: VEDHAN M The government has notified significant revisions to the turnover and investment criteria for classifying MSMEs, which will come into effect from April 1. Micro, Small, and Medium Enterprises (MSMEs) with investments up to ₹2.5 crore will now be classified as micro-enterprises, up from the previous…