- Small companies compliance eased: threshold raised to share capital up to Rs 2 crore and turnover up to Rs 20 crore.
- One Person Companies (OPCs) allowed to grow without restriction on share capital or turnover; NRIs allowed to set up OPCs with 120-day India presence requirement.
- MCA Version 3.0 launching: e-scrutiny, e-adjudication and simplified compliance management.
- Decriminalization of LLP Act, 2008.
- Tribunals to be rationalized.
Nimesh Hariya & Associates