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GS PAPER III: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment.
Context: The ministry of corporate affairs has expanded the definition of small and medium sized companies (SMCs), making applicable the simplified accounting regime for companies with up to Rs250 crore in sales.
https://www.livemint.com/industry/retail/what-india-s-new-rules-mean-for-emarketplaces-11624467195267.html
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