MSME Vendor Payment Requirements for Audit: A Comprehensive Guide
In India, Micro, Small, and Medium Enterprises (MSMEs) play a pivotal role in the country’s economic growth. With millions of businesses classified under MSMEs, they form the backbone of manufacturing, services, and export sectors. Timely payment to MSME vendors has become a significant compliance requirement, especially in light of stringent regulations set forth under various laws, including the MSMED Act, […]