Economics · MSME Sector
Which of the following is generally NOT a direct, automatic statutory advantage of registering as an MSME in India?
- 1Statutory protection against delayed payments from buyers
- 2Complete blanket exemption from corporate income tax✓
- 3Eligibility under Priority Sector Lending (PSL) guidelines by banks
- 4Access to collateral-free and cheaper credit facilities
Correct answer
Complete blanket exemption from corporate income tax
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