Micro Small and Medium Enterprises Development Act 2006 [MSMED Act]

Notification for authorisation of Ministry of Micro, Small and Medium Enterprises to perform Aadhaar authentication for the purposes of registration of owners of informal micro enterprises on its digital platform – MSME Notification No. SO-2239(E) dated 22.05.2023

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISESNOTIFICATIONNew Delhi, the 22nd May, 2023 S.O. 2239(E).—Whereas, rule 3 of the Aadhaar Authentication […]

Notification for authorisation of Ministry of Micro, Small and Medium Enterprises to perform Aadhaar authentication for the purposes of registration of owners of informal micro enterprises on its digital platform – MSME Notification No. SO-2239(E) dated 22.05.2023 Read Post »

MSME certificate issued on the Udyam Assist Platform to Informal Micro Enterprises shall be treated at par with Udyam Registration Certificate for the purpose of availing Priority Sector Lending benefits – MSME Notification No. SO 1296(E) dated 20.03.2023

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISESNOTIFICATIONNew Delhi, the 20th March, 2023 S.O. 1296(E).—In exercise of powers conferred by section

MSME certificate issued on the Udyam Assist Platform to Informal Micro Enterprises shall be treated at par with Udyam Registration Certificate for the purpose of availing Priority Sector Lending benefits – MSME Notification No. SO 1296(E) dated 20.03.2023 Read Post »

Notification under the Micro Small and Medium Enterprises Development (MSMED) Act 2006 for extending the non tax benefits to the Micro Small and Medium Enterprises (MSME) – Notification No. SO-4926(E) dated 18.10.2022

In case of an upward change in terms of investment in plant and machinery or equipment or turnover or both, and consequent re-classification, an enterprise shall continue to avail of all non-tax benefits of the category (micro or small or medium) it was in before the re-classification, for a period of three years from the date of such upward change.

Notification under the Micro Small and Medium Enterprises Development (MSMED) Act 2006 for extending the non tax benefits to the Micro Small and Medium Enterprises (MSME) – Notification No. SO-4926(E) dated 18.10.2022 Read Post »

Govt. extends validity date of the existing MSMEs till 31.12.2021 from 31.03.2021 under classification notification – MSME N. No. S.O. 2347(E) dated 16.06.2021

Ministry of Micro, Small and Medium Enterprises has issued an amendment to the original notification No. S.O. 2119 (E) dated 26.06.2020 vide 2347(E) dated 16.06.2021, extending the validity of EM Part-II and UAMs from 31.03.2021 to 31.12.2021. This would facilitate the holders of EM Part-II and UAMs to avail benefits of the provisions under various existing schemes and incentives including Priority Sector Lending benefits of MSME.

Considering the hardships faced by MSMEs during the prevailing COVID-19 situation and the representations received from the various MSME associations, financial institutions and Government departments dealing with the interest of MSME Sector, the said amendment has been carried out.

It is expected that existing EM Part-II and UAM holders would be able to migrate to the new system of Udyam Registration, which was launched on 1st July, 2020, and would avail the benefits of Government Schemes, thereby paving the way for strengthening MSMEs and leading to their faster recovery, boost to their economic activity and creation of jobs.

Interested enterprises can register on https://udyamregistration.gov.in free of cost and without any documents. Only PAN and Aadhaar are required for registration on the Udyam portal. So far, this portal has facilitated registration and classification of 33,16,210 enterprises as on 17.06.2021 (5.26.43 PM).

Govt. extends validity date of the existing MSMEs till 31.12.2021 from 31.03.2021 under classification notification – MSME N. No. S.O. 2347(E) dated 16.06.2021 Read Post »

Classification of MSME Enterprises under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 – N. No. S.O. 2119(E) dated 26.06.2020- amended up to date

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISESNOTIFICATIONNew Delhi, the 26th June, 2020 (Amended upto 18.10.2022) S.O. 2119(E).—In exercise of the

Classification of MSME Enterprises under the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 – N. No. S.O. 2119(E) dated 26.06.2020- amended up to date Read Post »

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