Question
As per MSMED Act 2006, effective April 01, 2025, a micro enterprise should have turnover of less than _______
Solution
In the Union Budget 2025, Finance Minister announced a major update to the New MSME classification, increasing the investment limit by 2.5 times and doubling the turnover limits. The revised MSME criteria may come into effect from April 1, 2025. 
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