Tax Benefits & Exemptions for MSMEs in India - A Growth Catalyst for Small Businesses
· 3 min read
Introduction
Micro, Small, and Medium Enterprises (MSMEs) are the backbone of India’s economy, contributing significantly to employment, exports, and GDP. To foster their growth, the Indian government offers various tax benefits and exemptions to ease financial burdens and enhance competitiveness.
If you own an MSME or plan to start one, understanding these tax incentives can help you maximize savings and reinvest in business expansion.