Question
As per the changes announced in the Union Budget
2025-26, under the MSMED Act, 2006 , to be classified as a small enterprise, it can invest up to _________ in plant and machinery or equipment . ÂSolution
The definition of micro, small and medium enterprises , under as per MSMED Act 2006 will be amended, as announced in the Union Budget 2025-26 by increasing the investment and turnover limits for classification by  2.5 times and 2 times , respectively. This is expected to improve efficiency, technological adoption, and employment generation. Â
- A micro enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 2.5 crore (enhanced from ₹1 crore ) , and turnover does not exceed ₹ 10 crore (enhanced from ₹5 crore ) ; Â
- A small enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 25 crore (enhanced from ₹10 crore ) , and turnover does not exceed ₹ 100 crore (enhanced from ₹50 crore ) ; and Â
- A medium enterprise is an enterprise where the investment in plant and machinery or equipment does not exceed ₹ 125 crore (enhanced from ₹50 crore, and turnover does not exceed ₹ 500 crore (enhanced from ₹250 crore ) Â
Which of the following is an essential element under Section 74 (Assault or criminal force to outrage modesty)?
Under Section 23 of the Payment and Settlement Systems Act, 2007, a large commercial bank, Bank Y, participates in a Clearing Corporation's net settleme...
Consider the following statements regarding the Audit Committee under Section 177 of the Companies Act, 2013:
Statement 1: The Audit Committee ...
In which case it was laid that it is not necessary that the consideration should move from the promisee himself?
The maximum number of times a president can be re-elected in India is?
"A" who is a citizen of India, commits crime in Nigeria.
Under which Section of the Indian Penal Code, 1860, he can be tried in India.
Consider the following statements regarding corporate governance and the Board of Directors under Section 149 of the Companies Act, 2013:
Stat...
When principal may revoke agent's authority as per the Contract Act?
No child below the age of_________ years shall be employed to work in any factory or mine or engaged in any other hazardous employment.
The withdrawal of the application admitted under section 7 or section 9 or section 10 may be withdrawn on an application made by the applicant with the ...