MSME Ready Reckoner (6th Edition, 2025) by Taxmann’s Editorial Board is a comprehensive and up-to-date guide tailored to meet the informational and compliance needs of Micro, Small & Medium Enterprises (MSMEs), professionals, consultants, and policymakers. This authoritative handbook compiles all relevant legal, regulatory, tax, and financial frameworks applicable to MSMEs in a structured and accessible format.
Key features of this edition include:
Updated provisions of the MSMED Act, 2006, including revised definitions, classification norms, and registration (Udyam) processes
Coverage of priority sector lending norms, RBI guidelines, and credit schemes for MSMEs
Detailed analysis of GST, Income Tax, and TDS provisions relevant to MSMEs
Discussion on delayed payment mechanisms, including legal remedies under Section 15–24 of the MSMED Act
Insights into government schemes, subsidies, and incentives for MSMEs – including credit guarantee, startup support, and export incentives
Sector-wise compliance checklists, timelines, and filing requirements
Practical FAQs, real-world case studies, and model formats for registrations, declarations, and reporting
This 6th edition incorporates the latest amendments, circulars, and judicial updates up to 2025, making it a reliable companion for MSME stakeholders aiming for compliance, growth, and effective management.
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MSME Ready Reckoner
Author: Taxmann's Editorial Board
Edition: 6th Edition, 2025
Overview of MSME Sector in India
Definitions & Classification under the MSMED Act, 2006
Revised Criteria for MSME Classification (Turnover & Investment)
Benefits of MSME Recognition
Udyam Registration – Process, Documentation & FAQs
Micro, Small and Medium Enterprises Development Act, 2006 – Key Provisions
Provisions Related to Delayed Payments (Sections 15 to 24)
Legal Remedies Available to MSMEs for Recovery of Dues
MSME Samadhaan Portal – Filing & Monitoring of Delayed Payment Claims
Role of Facilitation Councils under the MSMED Act
GST Provisions for MSMEs – Registration, Composition Scheme & Exemptions
Income Tax Provisions – Deductions, Audit Requirements, and Presumptive Taxation
TDS/TCS and Other Withholding Compliance for MSMEs
Filing Requirements under MCA for MSME Disclosures (e.g., MSME-1 Form)
Budget 2025 Highlights Relevant to MSMEs
Priority Sector Lending & RBI Guidelines for MSME Finance
Credit Guarantee Fund Trust for Micro & Small Enterprises (CGTMSE)
Collateral-Free Loans & Emergency Credit Line Guarantee Scheme (ECLGS)
Interest Subvention Scheme & SIDBI Initiatives
TReDS (Trade Receivables Discounting System) – Process & Benefits
Production-Linked Incentives (PLI) for MSMEs
Schemes for Technological Upgradation, ISO Certification & Lean Manufacturing
Export Promotion & Support under DGFT and MSME Ministry
Startup India & Stand-Up India Schemes – Eligibility & Linkages with MSMEs
Skill Development, Training, and Infrastructure Development Schemes
MSME Audit Checklist
Model Formats – Udyam Declaration, Payment Letters, Claim Forms
Sample Legal Notices for Delayed Payments
FAQs on MSME Classification, Compliance, and Taxation
Glossary of MSME Terms & Abbreviations
Text of MSMED Act, 2006
RBI Circulars & Key Notifications
MCA Circulars on MSME Disclosure
Sample Udyam Certificate
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