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MCA raises “small company” thresholds – up to ₹10 cr capital & ₹100 cr turnover from 1st December 2025, major relief for jewellery trade

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In a landmark decision that will significantly ease compliance for thousands of jewellery businesses across India, the Ministry of Corporate Affairs (MCA) has revised the definition of “Small Company” under the Companies Act, 2013, effective 1st December 2025.GJC published and sent  out this important update to the jewellery trade.

New Eligibility Criteria (both conditions to be satisfied):

  • Paid-up Share Capital : ≤ Rs.10 Crore (earlier Rs.4 Crore)
  • Annual Turnover : ≤ Rs.100 Crore (earlier Rs.40 Crore) (as per the latest audited financial statements)

Any company exceeding even one of the above limits will cease to be a Small Company.

Key Benefits for Jewellers (Private Limited & Family-Owned Firms):

  • Only 2 Board Meetings required in a year
  • Exemption from mandatory Internal Audit in most cases
  • Substantially lower penalties for defaults
  • Simplified Annual Return via Form MGT-7A
  • No need to prepare Cash Flow Statement in financials
  • Exemption from mandatory Auditor Rotation – continue with existing trusted auditors
  • Reduced overall compliance cost and administrative burden

GJC advised jewellery firms  to immediately review their Paid-up Capital and Turnover for FY 2024-25 to confirm eligibility and start availing the relaxations from the current financial year itself.

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National News

From Haldi To Reception: Summer Wedding Jewellery & Gifting Ideas By Candere

From Breezy Wedding Celebrations To Meaningful Gifting Moments, Lightweight Jewellery Emerges As The Perfect Blend Of Comfort, Versatility and Contemporary Elegance For The Summer Wedding Season.

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Summer weddings are defined by effortless elegance, breathable silhouettes, and jewellery that feels just as light and versatile as the celebrations themselves. From intimate haldi brunches and breezy mehendi gatherings to glamorous reception soirées, modern wedding guests are increasingly gravitating towards lightweight jewellery that balances comfort with statement-worthy style.

Beyond occasion dressing, these versatile pieces are also emerging as thoughtful gifting choices for bridesmaids, sisters, and loved ones during the wedding season.

Candere Lifestyle Jewellery – A Kalyan Company brings together contemporary craftsmanship and versatile design, offering elegant pieces that transition seamlessly across every summer wedding occasion while also serving as timeless gifting options.

Dazzling Rays Diamond Dangle Earrings

Elegant movement and minimal glamour come together beautifully in the Dazzling Rays Diamond Dangle Earrings. Their lightweight construction makes them ideal for long summer celebrations while still delivering a refined festive statement.

These earrings pair beautifully with sleek gowns, draped sarees, and fusion wear for receptions, and make an elevated gifting pick for sisters or bridal party members.

Regal Bloom Diamond and Fancy Gemstone Ring

Bold yet wearable, the Regal Bloom Diamond and Fancy Gemstone Ring is designed for those who love statement jewellery without the heaviness of traditional occasion pieces. Its floral-inspired detailing adds freshness to summer wedding styling. The ring stands out by pairing it with minimal jewellery and monochrome outfits, or gift it as a memorable token for milestone wedding celebrations.

Kennedy Diamond and Fancy Gemstone Collar Necklace

The Kennedy Diamond and Fancy Gemstone Collar Necklace brings effortless sophistication to evening wedding dressing. The contemporary collar silhouette, combined with gemstone accents, makes it ideal for modern festive wardrobes. Style it with deep necklines or structured blouses for reception glamour, or choose it as a premium gifting piece for the bride-to-be or a close family member.

Vine With Pearl Diamond Oval Bracelet

Delicate yet statement-worthy, the Vine With Pearl Diamond Oval Bracelet blends contemporary charm with timeless elegance. The pearl detailing paired with subtle diamond accents makes it perfect for daytime wedding functions and pastel ethnic ensembles.

Pair it with organza sarees or floral lehengas for haldi and mehendi functions, or gift it as a versatile keepsake bridesmaids can rewear beyond the wedding season.

Mystic Dazzling Diamond and Gemstone Oval Bracelet

The Mystic Dazzling Diamond and Gemstone Oval Bracelet adds a vibrant touch to summer occasion dressing with its gemstone detailing and sleek silhouette. Lightweight and easy to stack, it seamlessly transitions from festive brunches to evening celebrations.

Style it with stacked bangles and Indo-Western looks for cocktail events, or choose it as a colourful gifting option for close friends and wedding guests.

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