Invoice Factoring #msme#amendment
Rajya Sabha passes MSME Amendment Bill to speed up payments and strengthen MSMEs
The Rajya Sabha passed the Micro Small and Medium Enterprises Development (Amendment) Bill, 2026, aimed at curbing delayed payments to MSMEs. The legislation mandates central public sector enterprises to route invoice settlement through the Trade Receivables Discounting System and empowers courts to order interim payments of 50% of awarded amounts in delayed payment disputes.
Aug 3, 2026 1 source