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MSME bill to waive minor penalties

Mint Kolkata

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July 08, 2025

Jan Vishwas Bill 2.0, announced by the FM in her FY26 budget, will include 100 laws to be decriminalized

- Manas Pimpalkhare

The government is considering including a provision from the Micro, Small, and Medium Enterprises Development (MSMED) Act, 2006, in the upcoming Jan Vishwas Bill 2.0 that deals with penalties for small firms failing to disclose key business information to government authorities, two officials aware of the matter said.

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