Finance Ministry likely to postpone implementation of 45-day payment rule for MSMEs to April 2025

Views: 1,193The Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the Income Tax Act, which mandates payments to micro, small, and medium enterprises (MSMEs) within 45 days, sources informed CNBC-TV18. The proposed postponement is … Continue reading Finance Ministry likely to postpone implementation of 45-day payment rule for MSMEs to April 2025