micro, small and medium entp dev. act. 06
This query is : Resolved
pawan kumar
(Querist)
10 April 2008
how to ascertain that whether a company doing particular business falls under the category of micro,small and medium entp dev. act 2006. e.g. a company doing construction business ? what are the major advantages and disadvantages to the co.'s falling under this category ?
kartik_somu
(Expert)
10 April 2008
It depends on the classification and the investment made.
in the example qestioned by u, for a service industry, the ceiling on investments are Rs. 10 lakhs, Rs. 2 Crores and Rs. 5 Crores.
Depending on the investment, they will be classified accordingly.
in the example qestioned by u, for a service industry, the ceiling on investments are Rs. 10 lakhs, Rs. 2 Crores and Rs. 5 Crores.
Depending on the investment, they will be classified accordingly.
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