The Ministry of Corporate Affairs (MCA) has significantly expanded the definition of a Small Company by increasing the paid-up capital threshold from ₹2 crore to ₹10 crore and turnover from ₹20 crore to ₹100 crore. This change allows many more businesses to benefit from reduced compliance requirements, lower regulatory costs, and greater operational flexibility. If your company falls within the revised limits, you may now qualify for valuable compliance relaxations under the Companies Act, 2013.
The Ministry of Corporate Affairs (MCA) has significantly expanded the definition of a Small Company by increasing the paid-up capital threshold from ₹2 crore to ₹10 crore and turnover from ₹20 crore to ₹100 crore. This change allows many more businesses to benefit from reduced compliance requirements, lower regulatory costs, and greater operational flexibility. If your company falls within the revised limits, you may now qualify for valuable compliance relaxations under the Companies Act, 2013.
The Ministry of Corporate Affairs (MCA) has significantly expanded the definition of a Small Company by increasing the paid-up capital threshold from ₹2 crore to ₹10 crore and turnover from ₹20 crore to ₹100 crore. This change allows many more businesses to benefit from reduced compliance requirements, lower regulatory costs, and greater operational flexibility. If your company falls within the revised limits, you may now qualify for valuable compliance relaxations under the Companies Act, 2013.