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IMP Note: Kaagzaat is NOT an agency/representative/franchise of Ministry of MSME. We are a private organisation and our services and charges are private and advisory in nature. Ministry does not charge any Govt. fees for MSME/Udyog Adhaar registration.
MSME registration stands for Micro, Small, and Medium Enterprises registration. It is a government initiative that provides various benefits to businesses falling under these categories.
Any business involved in manufacturing or service activities with investment criteria below the specified limits can apply for MSME registration.
Benefits of MSME registration include priority sector lending, tax exemptions, subsidies on power tariffs, and easier access to credit facilities.
No, MSME registration is not mandatory, but it is highly recommended as it opens up opportunities for growth and development of the business.