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Businesses Must Prepare for Tougher Regulations in 2025
Mint Chennai
|December 30, 2024
GST authorities demanded ₹803 crore from Zomato, while Volkswagen faced a $1.4 billion tax evasion notice
Corporations must brace for heightened regulatory scrutiny in 2025 with various regulators preparing to enforce stricter oversight and actions.
The Securities and Exchange Board of India (Sebi), Competition Commission of India (CCI), Central Consumer Protection Authority (CCPA), and tax authorities are expected to tighten their stance, forcing businesses to enhance compliance, streamline processes, and adapt to evolving governance standards.
Transparency, sustainability and accountability will remain priorities in the coming year, top legal experts told Mint.
"The increase in the volume and complexity of transactions, coupled with India's integration into global markets, has kept regulators busy," said Alok Sonkar, partner at law firm Cyril Amarchand Mangaldas.
"Regulatory scrutiny is strict, focusing on public policy, investor protection, and long-term market impacts. However, challenges persist around compliance costs, misalignment with global norms, and overlapping frameworks."
This story is from the December 30, 2024 edition of Mint Chennai.
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