45 days payment to MSME suppliers

February 15, 2025

MSME owners are finding it difficult to get payment for job work or supplies within 45 days. Following this the central govt announced payment should be made within 45 days and incorporated rules on this. LUB insists to incorporate a frame work to be put in place to deal with issues of late payment, penalty and collection under IT Tax law.

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LUB is India's largest MSME welfare organisation with a grassroot level presence and engagement from all members from Kashmir to Andaman and Nicobar Islands and from Assam to Gujarat. Join us to explore the most expansive industry network in India.
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