Government Considers Including MSMED Act in Jan Vishwas Bill 2.0 for Small Firms
Updated: 07 Jul 2025, 02:04 PM IST
The government is contemplating adding a provision from the MSMED Act, 2006, to the upcoming Jan Vishwas Bill 2.0 to address penalties for small firms failing to disclose key business information to authorities.
New Delhi: The government is considering including a provision from the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006, in the upcoming Jan Vishwas Bill 2.0 that deals with penalties for small firms failing to disclose key business information to government authorities, two officials aware of the matter said.