
The Ministry of Corporate Affairs has eased compliance norms for company directors by replacing the annual Know Your Customer (KYC) filing requirement with a simplified intimation every three years, effective March 31, 2026. This change, based on stakeholder recommendations, aims to reduce the compliance burden. Directors who have completed their latest KYC will next file by June 30, 2028. The revised KYC form also facilitates updates to personal details and DIN reactivation.
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