Why you should migrate your Udyog Aadhar to Udyam Registration?

As per the recent circular issued by the Ministry of Micro, Small & Medium Enterprises, this time extension is going to end on 31st March 2022, after which the current existing Udyog Aadhar registered enterprises will no longer be valid and will have to obtain a fresh Udyam Registration or migrate their existing Udyog Aadhaar registration to the new system.