New Delhi, Jan. 1 -- The Ministry of Corporate Affairs (MCA) undertook a wide range of reforms in 2025 with the objective of making corporate rules simpler, reducing compliance burden, and improving services for companies, directors and investors, an official statement said on Thursday.
These measures focused on ease of doing business while ensuring transparency and strong corporate governance.
One of the most important steps taken during the year was the expansion of the definition of "small companies." By increasing the limits for paid-up capital and turnover, many more companies now fall under this category.
This change allows such companies to follow simpler compliance requirements, reducing costs and paperwork, and supporting their ...