In the initial month of FY25, India witnessed a 3.7% year-on-year decline in company registrations, attributed partly to a high base effect, as reported by The Economic Times. However, limited liability partnerships (LLPs) saw a notable 36% increase. In FY24, over 185,000 companies were registered, a 16.3% growth from the previous year, alongside a substantial rise in LLPs. Officials credit efforts to reduce compliance burdens for the surge in incorporations. The IMF revised India’s growth forecast upward to 6.8% for 2024-25, despite a potential deceleration from the previous fiscal’s 7.8% growth.
India’s Company Registrations Dip in FY25’s April, LLPs Surge: Report
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