Udyam Udyam
To understand the benefits of Udyam Registration, first, we will have to understand the meaning of Udyam Registration. Udyam Registration is the new and improved system launched by the Ministry of Micro, Small & Medium Enterprises to help facilitate MSME growth and provide the necessary support for all MSMEs in India.
The Trade Receivables Discounting System (TReDS) is an online platform that helps businesses to discount their invoices and receivables. In order to avail of the benefits of this system, businesses need to be registered under the Udyam Registration scheme. This article will provide an overview of what TReDS is, who can register for it, and how it can benefit businesses.
