Simplifying compliance, boost to MSMEs key to Budget announcements, say experts

Posted under: SMB
Date: 2025-02-05
Compliance & MSMEs: Key Budget Insights from Experts

Budget 2025 aimed to spur entrepreneurial growth and create jobs through various announcements. The credit guarantee limit for MSMEs was doubled from Rs 5 crore to Rs 10 crore enabling more collateral free formalized funding. The FM also increased the turnover and investment threshold for MSME classification by 2 and 2.5 times to increase coverage of benefits to more businesses.