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Less than 34 lakh MSMEs register on Udyam in 11 months; experts say compliance burden reason for low enrollment

Most small enterprises do not register and declare their existence because they find it more suitable to stay away from the compliance structure. Add to it the hazards of facing income tax scrutiny

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Udyam Udyog Aadhaar

Less than 34 lakh MSMEs register on Udyam in 11 months; experts say compliance burden reason for low enrollment