<h1>India Raises Competition Act Thresholds to Boost Business: Asset and Turnover Limits Increased for Enterprises and Groups.</h1> The Ministry of Corporate Affairs has updated the threshold limits for assets and turnover under Section 5 of the Competition Act, 2002, to facilitate ease of doing business. The revised thresholds for enterprise-level assets in India have increased from 2000 INR Crore to 2500 INR Crore and turnover from 6000 INR Crore to 7500 INR Crore. For operations in India or globally, the thresholds have been adjusted accordingly. Group-level thresholds have also been raised. Additionally, de-minimis thresholds have been enhanced, increasing asset values from INR 350 crore to INR 450 crore and turnover from INR 1000 crore to INR 1250 crore.