#BalanceSheetThresholds Archives - Knowledge Base

What is the threshold limit of balance sheet for Real Estate Agents?

Balance Sheet Limit for Real Estate The prescribed balance sheet limit for real estate agents in India stands at 20 crore rupees. This means that any real estate agent whose balance sheet exceeds 20 crores is required to register with the Ministry of Corporate Affairs (MCA) as a company. This requirement was introduce in 2018… Read More »

Are there any threshold limit of Balance sheet draft for traders and stores?

Balance Sheet for Traders and Stores Yes, there are threshold limits for balance sheet drafts for traders and stores. The threshold limit is determined by the turnover of the business. Businesses with a turnover of less than INR 25 lakhs are not required to submit a balance sheet draft. Businesses with a turnover of… Read More »