Question
Under the revised MSME classification effective 1 April
2025, which of these is the correct composite threshold for a micro enterprise?Solution
The Ministry notification effective 1 April 2025 revised the composite criteria for MSME classification: micro enterprises: investment up to ₹2.5 crore and turnover up to ₹10 crore; small: up to ₹25 crore investment and ₹100 crore turnover; medium: up to ₹125 crore and ₹500 crore turnover. (Official MSME / RBI / Gazette notifications and subsequent government posts.)
Under which menu heading does a balance sheet fall in Tally ERP 9?
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Under Indian tax law, a foreign company is resident in India if:
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Which Income Computation and Disclosure Standard (ICDS) deals with "The Effects of Changes in Foreign Exchange Rates"?
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