Regulatory Update: ₹250 Crore Turnover Mandate for Corporate TReDS Enrollment

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Published on 2024/10/25

Description

A new regulatory update mandates that corporates with a turnover of ₹250 crore or more must enroll on TReDS (Trade Receivables Discounting System). This move aims to enhance financial inclusion by providing mid-sized businesses with better access to working capital through platforms like M1xchange TReDS. The update fosters liquidity, improves cash flow, and strengthens supplier relationships, benefiting MSMEs and creating a more transparent and efficient financial environment for businesses across India. Learn more: https://www.m1xchange.com/treds-budget-mandate/

Location

Unit No. A/04-01 To A/04-6D And A/04-07, 4th Floor Tower A, Reach Commercia, Sector 68,
122101
Gurgaon
Haryana
India
28.4601, 77.02635
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Unit No. A/04-01 to A/04-6D and A/04-07, 4th Floor Tower A, Reach Commercia, Sector 68, Gurugram -12, 122101, Gurgaon (Gurugram) , Gurgaon, Haryana, India
1800103xxxx
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