- Zee Business
"Various IT rules and regulations MSMEs, Startups should know"
It is a fact that the Micro, Small, and Medium Enterprises (MSME) sector and the Indian Startups are the prime contributors to India’s economy. These businesses add a lot of value to the manufacturing, services, and export industries and generate employment in the country. Therefore, it becomes crucial for such businesses to understand tax regulations because this will certainly impact their operations.
Raj Das, global co-founder and CEO of Direct India, said that if the developments seen in 2021 indicate the future, Indian start-ups and MSMEs seem to be progressing on the right track. "The government has also shown its support towards startups by introducing timely reforms on the tax and regulatory front along with supporting the MSMEs making their registrations filling easier."