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As per a notification issued by the Ministry of Corporate Affairs, an entity with a paid-up capital of INR 10 Cr and a turnover of INR 100 Cr will qualify to be a small company
With this move, early stage startups which qualify to be a small company will see a sharp increase
The rules were last amended three years back, when the paid-up capital threshold for small companies was revised to INR 4 Cr from INR 2 Cr earlier and the turnover was increased to INR 40 Cr from INR 20 Cr…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
As per a notification issued by the Ministry of Corporate Affairs, an entity with a paid-up capital of INR 10 Cr and a turnover of INR 100 Cr will qualify to be a small company
With this move, early stage startups which qualify to be a small company will see a sharp increase
The rules were last amended three years back, when the paid-up capital threshold for small companies was revised to INR 4 Cr from INR 2 Cr earlier and the turnover was increased to INR 40 Cr from INR 20 Cr…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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