With the initiatives of the Indian Government and incentivized schemes, youth is encouraged to move towards Start-Ups. Government from time to time has introduced various schemes to ensure the growth of micro, small, medium (MSMEs) enterprise. How often has it occurred to you that while registering your business, you can end up with the wrong license in hand? Maybe not frequently, but there remains a huge amount of confusion amongst so many business licenses in India. Usually, entrepreneurs confuse MSME registration with NSIC registration due to misleading information or lack of knowledge and end up with the wrong license. Through this blog, we will learn about these licenses in detail, along with the difference between MSME and NSIC Registration. MSME and NSIC: An Overview |
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June 2020
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