Finance Ministry Expected to Delay 45-Day Payment Rule for MSMEs Until April 2025

Last updated: 05 March 2024

Sources reveal that the Finance Ministry is contemplating a deferment of the enforcement of Rule 43B (h) under the Income Tax Act, which necessitates payments to micro, small, and medium enterprises (MSMEs) within 45 days. This potential postponement, expected to extend for a full financial year, ai
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Guest

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

Recent News :

  1. India's Rs 100 Crore Income Filers Jump 4X in 5 Years, Reach 576 in AY 2025-26
  2. No Change in MSME Payment Compliance: Government Defends Section 43B(h) in Parliament
  3. CBDT Extends Tax Exemption Benefits to Maharashtra Fees Regulating Authority Under Section 10(46)
  4. CBDT Notifies ITR-BN Under Income Tax Rules 2026 for Block Assessment Cases
  5. ICAI Extends Time Limit for Transfer of Goodwill of Deceased CA Proprietor Firms from 1 Year to 3 Years
  6. Draft Insurance Rules 2026 Released: Centre Proposes Major Overhaul of 87-Year-Old Insurance Rules
  7. FM Sitharaman Calls for Greater Tax Certainty and Reduced Litigation at 167th Income Tax Day Celebration
  8. ICAI and IIPA Join Hands to Strengthen Municipal Finance, Accounting and Urban Governance
  9. Centre Notifies Additional PMLA Special Courts in Gujarat
  10. CBDT Grants Section 10(46) Exemption to District Legal Services Authority, Jind

More »


Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Shashank S GoreShashank S GorePro Member prasanth konaprasanth konaPro Member CA.Pinank Arvindbhai ShahCA.Pinank Arvindbhai ShahPro Member Purav DholakiaPurav DholakiaPro Member Dhairya SanghviDhairya Sanghvi
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
Featured 16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT, CA SemiQualified

Vakilsearch.com

Chennai

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details