Budget 2025| ‘Jan Vishwas 2.0 Bill to Simplify Business Laws & Boost Growth’: Finance Minister

The Jan Vishwas Bill 2.0, announced in the Union Budget 2025, aims to decriminalise over 100 offences and simplify business laws, enhancing the ease of doing business. Building on the 2023 Act, it removes outdated provisions while ensuring proportionate penalties. The DPIIT is revising rules to streamline compliance, promote entrepreneurship, and attract investors, reinforcing India’s commitment to a business-friendly regulatory environment.

Supreme Court Takes Notice of Kerala’s Claim of Centre’s Interference in State Finances and Budgeting

The Supreme Court of India acknowledged Kerala government’s challenge against the Central government’s borrowing restrictions, emphasizing the impact on the state’s financial autonomy. Senior Advocate Kapil Sibal highlighted the severe consequences on Kerala’s ability to fulfill budgetary commitments and requested interim relief. This case has significant implications for India’s federal structure and fiscal autonomy.