One of the biggest challenges business owners face is delayed payments. To help micro, small, and medium enterprises (MSMEs) tackle this issue, the government has introduced the MSME 45-day payment rule. According to this rule, buyers must clear their dues within 45 days of receiving goods or services.
This rule is a big step toward protecting small businesses’ financial stability. It ensures that MSMEs maintain a steady cash flow, making it easier for them to grow and operate smoothly.
In this blog, we’ll discuss how the MSME 45-day payment rule works, its benefits, and why it’s a game-changer for India’s economic growth.
👉 Read the full blog here:https://www.kanakkupillai.com/learn/new-msme-45-days-payment-rule/
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