<h1>Cabinet Approves Amendments to Companies (Amendment) Bill, 2014, Easing Business Startups and Streamlining Exemption Notification Process.</h1> The Union Cabinet, led by the Prime Minister, approved amendments to the Companies (Amendment) Bill, 2014, aimed at enhancing ease of doing business. The amendments include eliminating the need for companies to file a declaration before starting business or using borrowing powers and streamlining the process for issuing draft notifications that grant exemptions to certain company classes. These changes are intended to expedite the approval of such notifications, thereby facilitating business operations and regulatory compliance.