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    Question

    What is the newly introduced threshold for the TReDS

    platform, according to the Finance Act 2023?
    A β‚Ή100 crore Correct Answer Incorrect Answer
    B β‚Ή250 crore Correct Answer Incorrect Answer
    C β‚Ή500 crore Correct Answer Incorrect Answer
    D β‚Ή1,000 crore Correct Answer Incorrect Answer
    E β‚Ή2,000 crore Correct Answer Incorrect Answer

    Solution

    The Finance Act 2023 reduced the turnover threshold for mandatory buyer registration on the TReDS platform from β‚Ή500 crore to β‚Ή250 crore, thus enabling more MSMEs to benefit from the platform.

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