Bharat's Micro, Small & Medium Enterprises Development Act, 2006 (Law, Policies & Incentives)

Bharat's Micro, Small & Medium Enterprises Development Act, 2006 (Law, Policies & Incentives) – 6th Edition 2025 is a detailed and up-to-date legal commentary that comprehensively covers the MSME Development Act, 2006 along with all associated government policies, incentives, notifications, and schemes aimed at promoting the growth and sustainability of Micro, Small, and Medium Enterprises in India.

Fully updated with the latest amendments, rules, and circulars, this edition provides a thorough understanding of the legal, regulatory, and fiscal frameworks that govern MSMEs in the country. The book serves as a one-stop legal reference for MSME entrepreneurs, lawyers, chartered accountants, policymakers, and anyone involved in the MSME ecosystem.

Key Features:

• Complete Coverage of the MSMED Act, 2006:
  Includes section-wise commentary and analysis of the Act along with the latest amendments, ensuring comprehensive legal understanding.

• Latest Government Policies & Notifications:
  Incorporates recent circulars, schemes, and policy initiatives from the Ministry of MSME, DPIIT, and other relevant bodies.

• Incentives & Subsidies Explained:
  Details government-backed incentives such as credit guarantee schemes, interest subsidies, infrastructure support, priority lending norms, and more.

• Classification Norms & Udyam Registration:
  Discusses updated investment and turnover criteria for micro, small, and medium units, along with step-by-step guidance on Udyam registration.

• Dispute Resolution & Delayed Payments:
  Covers provisions under the Act for resolution of disputes and mechanisms for recovery in cases of delayed payments to MSMEs.

• Compliance & Reporting Requirements:
  Offers clarity on various statutory compliances including returns, filings, audit obligations, and tax exemptions specific to MSMEs.

• Startup & Ease of Doing Business Support:
  Examines how MSME law aligns with India’s larger Startup India mission and ‘Ease of Doing Business’ reforms.

Why This Book is Essential:

• Holistic View of MSME Laws:
  Not just the bare act, but an integrated approach combining law, government schemes, and practical procedures for ease of application.

• Updated to Reflect Current Ecosystem:
  Reflects recent initiatives including emergency credit lines, revised definitions, and pandemic-related relief measures.

• Practical Utility for Stakeholders:
  Ideal for MSME owners, startup founders, consultants, policy analysts, academicians, and banking/legal professionals involved with small businesses.

• Supports Legal & Financial Planning:
  Helps businesses understand and comply with statutory requirements, avail government support, and plan for sustainable growth.

Bharat's Micro, Small & Medium Enterprises Development Act, 2006 (Law, Policies & Incentives) – 6th Edition 2025 is an indispensable guide for navigating the legal and policy landscape of the Indian MSME sector. Whether you're starting a small business or advising one, this book offers the insights and tools needed to succeed in today’s regulatory environment.