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Under the Companies Act, 2013, the turnover of a small company shall not exceed:

Under s.2(85)(ii), as amended, a small company's turnover must not exceed "two crore rupees or such higher amount as may be prescribed which shall not be more than one…

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Under the Companies Act, 2013, the turnover of a small company shall not exceed:

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Under s.2(85)(ii), as amended, a small company's turnover must not exceed "two crore rupees or such higher amount as may be prescribed which shall not be more than one hundred crore rupees". Fifty lakh and ten crore are the paid-up capital limits in s.2(85)(i), and twenty crore was the turnover ceiling before the amendment.

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