Relaxation for Small Companies and One person company

According to Finance Budget 2021 there is relaxation to small companies.

Now Non rsident of India also can rform one person company,

Change the defination fo small company

New defination o small companies.

Small companies means a company  other than a public company which have paid up share capital upto 2 crore and turnover of such company donot exceed Rs.20 crore as per last profit and loos account.