Let's first understand what is e-filing? E-filing or electronic filing means submitting your income tax returns online. There are basically two ways to file your income tax returns. One of them is the conventional offline route and the other is when you file your returns through the internet.
Udyam registration is the new process introduced by the government of India on July 1, 2020. It was previously known as Udyog Aadhar Registration. As per the notification issued by the Ministry of MSME on 26th June 2020 micro, small and medium enterprises (MSME) will now be known as udyam. After the release of udyam registration, it will be beneficial for the entrepreneur who wants to start their own business.