Free Regulatory Update: ₹250 Crore Turnover Mandate for Corporate TReDS Enrollment Gurgaon (Gurugram) City

Published date: October 23, 2024
  • Location: Gurgaon (Gurugram) City, Gurgaon (Gurugram) City, Haryana

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/

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