https://www.taxtmi.com/news?id=71667 Mutual Credit Guarantee Scheme for MSMEs has been modified to widen eligibility, reduce upfront burden, and extend guarantee support for credit used to purchase plant, machinery, and equipment. The revised terms include service sector MSMEs, a reduced machinery cost threshold, a 10-year guarantee tenure, and refundable upfront contribution requirements. Special provisions for exporter MSMEs prescribe eligibility conditions, a capped guaranteed loan amount, higher guarantee coverage, and a concessional guarantee fee structure. en-us Mon, 23 Mar 2026 09:12:13 +0530 Mon, 23 Mar 2026 09:12:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71667 Mutual Credit Guarantee Scheme for MSMEs has been modified to widen eligibility, reduce upfront burden, and extend guarantee support for credit used to purchase plant, machinery, and equipment. The revised terms include service sector MSMEs, a reduced machinery cost threshold, a 10-year guarantee tenure, and refundable upfront contribution requirements. Special provisions for exporter MSMEs prescribe eligibility conditions, a capped guaranteed loan amount, higher guarantee coverage, and a concessional guarantee fee structure. News - Mon, 23 Mar 2026 09:12:13 +0530 https://www.taxtmi.com/news?id=71667