Question
For an enterprise to be classified as small enterprise
under MSME Act, the annual turnover should not be more than _______ ĀSolution
The definition of micro, small and medium enterprises is as under as per MSMED Act 2006 (amendment 2020): Ā
- A micro enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ā¹1 crore and turnover does not exceed ā¹5 crore;Ā Ā
- A small enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ā¹10 crore and turnover does not exceed ā¹50 crore ; andĀ Ā
- A medium enterprise is an enterprise where the investment in plant and machinery or equipment do
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Match List I with List II and select the correct answer using the code given below the Lists:
Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Ā Last IĀ Ā Ā Ā Ā Ā Ā Ā Ā ļæ½...
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