Govt proposes to amend 16 Acts

Penalty on NBFCs for minor lapses to be slashed

- MUKESH JAGOTA

The government on Monday introduced Jan Vishwas (Amendment of Provisions) Bill, 2025 in Lok Sabha that will amend 355 provisions of 16 central acts to enable ease of doing business and ease of living.

The Bill, introduced by commerce and industry minister Piyush Goyal, was referred to the Select Committee. The committee will submit its report on the first day of the winter session, according to a statement.