Which societies are covered in the initial phase of MSCARO, 2026?
- A.Those crossing Rs 100 crore
- B.Those crossing Rs 250 crore
- C.Those crossing Rs 1,000 crore
- D.All registered societies from the first day
Show answer
Implementation has deliberately been made phased, and the first phase covers larger societies that cross this threshold in the relevant financial parameters, so that smaller institutions have extra time to strengthen their internal systems and processes before the enhanced reporting reaches them.
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