Question

What is the scope for mandatory onboarding in TReDS for buyers as per the Union Budget 2024-25?

Q: Answer-What is the scope for mandatory onboarding in TReDS for buyers as per the Union Budget 2024-25?

The TReDS Trade Receivables Discounting System platforms mandatory onboarding threshold for buyers has been reduced from Rs. 500 crores to Rs. 250 crores in the Union Budget 2024-25.

A Buyers with a turnover of Rs. 500 crores

B Buyers with a turnover of Rs. 250 crores

C Buyers with a turnover of Rs. 100 crores

D Buyers with a turnover of Rs. 750 crores

E Buyers with a turnover of Rs. 1,000 crores

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SIDBI Grade A (Assistant Manager)

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What is the scope for mandatory onboarding in TReDS for buyers as per the Union Budget 2024-25?

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