Question

What is the enhanced scope for mandatory onboarding in

Q: Answer-What is the enhanced scope for mandatory onboarding in TReDS for buyers as per the Budget 2024-25?

The TReDS Trade Receivables Discounting System platforms mandatory onboarding threshold for buyers has been reduced from Rs. 500 crore to Rs. 250 crore in the Budget 2024-25.

TReDS for buyers as per the Budget 2024-25?

A Buyers with turnover of Rs. 500 crore

B Buyers with turnover of Rs. 250 crore

C Buyers with turnover of Rs. 100 crore

D Buyers with turnover of Rs. 750 crore

E Buyers with turnover of Rs. 1,000 crore

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What is the enhanced scope for mandatory onboarding in

Solution