Other business identifiers

With the ever-evolving needs of MSME, the government of India came up with a scheme in 2015 where they introduced Udyam ID which is aadhar for business. the government of India gives multiple benefits post udyam registration in terms of stamp duty waivers or electricity bills or subsidies on patent fees etc. On myBiz by MakeMyTrip, we observed that several MSMES travel. A good subset of these MSMEs has still not registered their entity with GST as GST registration is mandatory for an organization with a turnover greater than Rs 40 Lakhs. myBiz portal can now be accessed with the UDYAM ID also. While to get GST input benefits, GST number is mandatory, with UDYAM you can enjoy the benefits of special fares for corporates on hotels & cabs. Besides this on myBiz now MSMEs without GST also would be able to get benefits that big corporates get. Udyaam registration is free of cost and can be done very easily electronically on the platform. So for all the MSMEs who want to get mybiz benefits to try to sign up with your Udyam ID. Also if you don't have your ID proofs handy you can sign up now and share your ID details later to verify your organization