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Overhauling the compliance framework

Kumari Sonali

Overhauling the compliance framework:

India’s business environment faces challenges from corruption, frequent compliance updates, and regulatory inefficiencies. Despite reforms like the Jan Vishwas Act (2023) and the proposed Jan Vishwas 2.0, businesses continue to struggle with complex compliance systems. Introducing a unified compliance identity system and ensuring predictable regulations is crucial for improving India’s investment climate.

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