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<h1>Central Govt raises asset and turnover thresholds by 150% u/s 5 of Competition Act, 2002.</h1> The Central Government, in consultation with the Competition Commission of India, has increased the values of assets and turnover by 150% for the purposes of Section 5 of the Competition Act, 2002. This adjustment is based on the wholesale price index and the exchange rate of the rupee. The change is effective from the date of publication in the Official Gazette. This notification is issued under the authority of the Ministry of Corporate Affairs.