FM Sitharaman: Section 43B may be reverted if MSMEs Accept Delayed Payments Over 45 Days

Last updated: 01 June 2024

In a significant development for Micro, Small, and Medium Enterprises (MSMEs), Finance Minister Nirmala Sitharaman announced on Tuesday that the government is open to repealing the recent changes to Section 43B of the Income Tax Act. This consideration comes in response to concerns raised by MSMEs r

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