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      Question

      What is the newly introduced threshold for the TReDS

      platform, according to the Finance Act 2023?
      A โ‚น100 crore Correct Answer Incorrect Answer
      B โ‚น250 crore Correct Answer Incorrect Answer
      C โ‚น500 crore Correct Answer Incorrect Answer
      D โ‚น1,000 crore Correct Answer Incorrect Answer
      E โ‚น2,000 crore Correct Answer Incorrect Answer

      Solution

      The Finance Act 2023 reduced the turnover threshold for mandatory buyer registration on the TReDS platform from โ‚น500 crore to โ‚น250 crore, thus enabling more MSMEs to benefit from the platform.

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