📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What is the newly introduced threshold for the TReDS

      platform, according to the Finance Act 2023?
      A ₹100 crore Correct Answer Incorrect Answer
      B ₹250 crore Correct Answer Incorrect Answer
      C ₹500 crore Correct Answer Incorrect Answer
      D ₹1,000 crore Correct Answer Incorrect Answer
      E ₹2,000 crore Correct Answer Incorrect Answer

      Solution

      The Finance Act 2023 reduced the turnover threshold for mandatory buyer registration on the TReDS platform from ₹500 crore to ₹250 crore, thus enabling more MSMEs to benefit from the platform.

      Practice Next
      ask-question