07 February, 2021
5 Min Read
Finance Minister Nirmala Sitharaman announced measures to ease norms on setting up one-person companies (OPCs).
What is a one-person company?
How are they different from other companies?
The concept was introduced in the Companies Act of 2013 based on the suggestions of the J.J. Irani Committee Report.
What has been proposed in the budget for OPCs?
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