Private sector data: Over 2 lakh private companies closed in 5 years; govt flags monitoring for suspicious cases
Private sector data: Over 2 lakh private companies closed in 5 years; govt flags monitoring for suspicious cases
More than two lakh private companies have shut down in India over the last five years. This includes companies closed due to amalgamation, conversion, dissolution, or being struck off. The government has no current proposal for employee rehabilitation. A significant number of inactive companies were removed from records. Reforms aim to simplify the tax system and promote business.
More than two lakh private companies have shut down in India over the last five years. This includes companies closed due to amalgamation, conversion, dissolution, or being struck off. The government has no current proposal for employee rehabilitation. A significant number of inactive companies were removed from records. Reforms aim to simplify the tax system and promote business.
More than two lakh private companies have shut down in India over the last five years. This includes companies closed due to amalgamation, conversion, dissolution, or being struck off. The government has no current proposal for employee rehabilitation. A significant number of inactive companies were removed from records. Reforms aim to simplify the tax system and promote business. 
