Reduce compliance burden to aid investments: Kamath
Business Standard|May 27, 2023
The issue of litigation should be addressed with greater speed as a step towards enhancing investments. This is high on policymakers' agenda, K V Kamath, chairman, National Bank for Financing Infrastructure and Development (NABFID) said on Friday.
ABHIJIT LELE
Reduce compliance burden to aid investments: Kamath

"The regulators will also take notice of this. The regulation is tight but whether it will lead to litigation? I do not know," Kamath said in response to queries on the spate of litigation and tangled tax laws. He was speaking at FICCI'S CFO summit.

The regulation is tight but whether it will lead to litigation? I do not know, The compliances are huge. Maybe the burden of compliance needs to be corrected. The government is cognizant about the matter, he said.

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