Shriram, Ajay and Bahl, Ajay

India’s continued march towards ease of doing business - Yojana - 68(1), Jan, 2024: p.43-45

The Jan Vishwas ( Amendment of provisions) act, 2023 strives to strikes a balance between the severity of the violation and the gravity of the prescribed punishment. Many offences, which are either minor or technical or procedural in nature and for which the punishment prescribed was disproportionate, have been decriminalised under the JV act. The industry believes that he JV act is only the beginning and that may more statures are on the horizon that will provide additional comfort to the industry. – Reproduced