Govt. to ease registration process for MSMEs; only PAN and Aadhaar card would be required for regist

The Minister for Road Transport amp; Highways and MSME, Shri Nitin Gadkari has announced simplification of process for registration of Micro, Small and Medium Enterprises. Now only PAN and Aadhaar will be required for registration of MSMEs. After getting registered, the MSME unit will be getting priority and finance, he added. He assured full support of the MSME Ministry, and also expressed hope that banks and NBFCs will also provide full support to small businesses.

from taxmann.com News https://ift.tt/3q1MltX