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Companies with annual turnover up to Rs 100 crore will now be classified as small companiesNews

Companies with annual turnover up to Rs 100 crore will now be classified as small companies: Indian govt

The Ministry of Corporate Affairs said that companies with paid-up capital up to Rs 10 crore and annual turnover up to Rs 100 crore will now qualify as small companies. The previous limits were Rs 4 crore and Rs 40 crore.

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