TReDS: Govt. reduces turnover threshold to Rs.250 crores to get more companies on invoice discounting platform:
“The onboarding process on the Trade Receivables Discounting System platforms shall be completed by 31st March, 2025,” the MSME Ministry said in a notification. Businesses with more than Rs.250 crores turnover, from earlier Rs.500 crores and all Central Public Sector Enterprises (CPSEs) will now be required to onboard the invoice discounting platform TReDS by the Reserve […]
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