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    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.

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