Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’ https://www.taxtmi.com/news?id=27381 Revision of combination filing thresholds under the Competition Act, 2002 increases asset- and turnover-based jurisdictional triggers for enterprise- and group-level tests, adjusting India-only and India-or-outside-India valuation tests. The government also raised de minimis thresholds for assets and turnover, changing the minimum benchmarks that exempt transactions from notification, effected under the statute's executive power to revise monetary thresholds. en-us Sat, 09 Mar 2024 09:59:21 +0530 Sat, 09 Mar 2024 09:59:21 +0530 TaxTMI RSS Generator Ministry of Corporate Affairs revises threshold limits for value of Assets and Turnover for purposes of combination filings under Competition Act, 2002 as a step towards ‘Ease of doing Business’ https://www.taxtmi.com/news?id=27381 Revision of combination filing thresholds under the Competition Act, 2002 increases asset- and turnover-based jurisdictional triggers for enterprise- and group-level tests, adjusting India-only and India-or-outside-India valuation tests. The government also raised de minimis thresholds for assets and turnover, changing the minimum benchmarks that exempt transactions from notification, effected under the statute's executive power to revise monetary thresholds. News - Sat, 09 Mar 2024 09:59:21 +0530 https://www.taxtmi.com/news?id=27381