<h1>Government Tightens Corporate Fraud Measures: New Laws, Enhanced Governance, and Tech-Driven Detection Strategies in Action.</h1> A study by a research institute highlights corporate frauds caused by inadequate internal controls, fund diversion by management, and audit failures. In response, the government has implemented several measures to combat these issues. These include recognizing fraud as a substantive offense in the Companies Bill, 2013, enforcing stricter corporate governance norms, granting statutory status to the Serious Fraud Investigation Office, and amending securities laws to empower the Securities and Exchange Board of India. Additionally, there is an increased use of technology for early fraud detection through data mining and forensic audits.