Small businesses can now grow without fear of losing benefits.Higher investment and turnover limits allow MSMEs to expand while retaining access to loans and tax incentives.This encourages scaling up, hiring more workers, and building stronger local enterprises Rural employment now creates assets, not just wages.With extended guaranteed employment and a focus on village infrastructure, rural labour is now building permanent assets that strengthen communities and livelihoods, it said.It observed that workers no longer need to navigate dozens of laws as 29 labour laws were simplified into four clear codes covering wages, safety, social security, and relations.Rights are clearer, compliance is easier, and women benefit from assured maternity and workplace protections, it stated.The government also stated that GST has been made simpler for businesses and consumers alike.With streamlined tax slabs, easier registration, automated processes, and faster refunds, the next generation of GST reforms is improving ease of doing business.The impact is clear in record Diwali sales of Rs 6.05 trillion and the strongest Navratri shopping in over a decade, it said.It also said that businesses can now bring products to market faster.With rationalised Quality Control Orders, Indian manufacturers face lower compliance costs, improved efficiency, and greater strength in global markets.More room to grow for Indian businesses, the government said in the posts.The expanded definition of small companies reduced compliance burden and costs, allowing enterprises with turnovers up to Rs 100 crore to focus on innovation and expansion, it added.
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