Q. The investment in Plant & Machinery up to which among the following amounts in India is called a Tiny Unit in India?
Answer: Rs. 25 Lakh
Notes: A tiny unit is a business enterprise that invests less than Rs. 25 lakh in plant and machinery. This limit applies regardless of the location of the unit. A small scale industry is an industrial undertaking that invests in plant and machinery. The investment can be held on ownership terms, on lease, or by hire purchase.

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