Small Enterprise |
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Medium Enterprise |
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MSME Stands for Micro, Small and Medium Enterprises. For the development of the economy, Government of India supports and promotes such enterprises by providing various schemes, subsidies, and incentives, such as ease in sanction of Bank Loans, low rate of Interest, certain exemptions under Direct Tax laws and some other.
Though such registration is not mandatory under any Act, however, it is always recommended to get such registration to avail the benefits provided to the such enterprises under the MSME Act.
All manufacturing enterprises investing less than 10 crores and Service enterprises investing less than 5 crores are allowed to register as MSME under following types:
Small Enterprise |
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Medium Enterprise |
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