MSMEs seek exemption from capital gains tax, exports push
Financial Express Lucknow|December 08, 2024
PROVIDING SUPPORT TO exports, granting exemption from paying capital gains tax, and subsidizing technological adoption to meet "industry 4.0 needs" are some of the key demands the micro, small, and medium enterprises (MSMEs) have put forth in front of the finance ministry.
PRIYANSH VERMA

Finance minister Nirmala Sitharaman interacted with MSME representatives in her third pre-Budget meeting on Saturday. The Budget for FY26 will be tabled in the Parliament on February 1.

MSMEs often face significant financial challenges, particularly due to delayed payments. To maintain good credit ratings and strong relationships with financial institutions, many are forced to sell their industrial properties, which hold sentimental value.

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