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    IICA Renews MoU with NALSAR University of Law to Strengthen Academic Collaboration and Capacity Building
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February 19, 2026
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Memorandum of Understanding renewal strengthens academic collaboration, joint research, faculty exchanges and capacity building between institutions.
Memorandum of Understanding renewal establishes a five-year institutional framework for academic collaboration between IICA and NALSAR, formalising faculty and student exchanges, joint research and publications, expert advisory services, and the organisation of workshops, seminars and conferences; it consolidates a two-year residential LL.M. programme in Insolvency and Bankruptcy Laws combining academic instruction and industry exposure.
February 19, 2026
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Ease of Doing Business reforms to rationalise e-forms and streamline corporate compliance through digital governance and consultations.
A high-level Advisory Group on Ease of Doing Business will recommend measures to rationalise e-forms and simplify corporate compliance under the Companies Act by reducing duplicative filings through consolidation, automation and event-based processing, develop an Integrated Form Blueprint and a phased implementation roadmap, conduct stakeholder consultations and impact assessments, and propose draft amendments to support a modern, transparent, technology-driven corporate regulatory framework; the School of Business Environment, IICA, will serve as Secretariat and a research MoU with the Ministry will produce evidence-based recommendations.
February 19, 2026
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National accounts methodology revised to adopt new data sources and updated compilation methods aligning quarterly and annual estimates.
Revision of national accounts introduces new administrative and survey data, disaggregated modeling, and updated rates to improve sectoral estimates. Corporate sector changes include activity wise revenue splitting and disaggregated Paid up Capital multipliers; government estimates add imputed housing services and wider coverage; household estimates move to annual direct estimation using specific surveys. PFCE uses a mixed survey/production/commodity flow approach with COICOP 2018, and quarterly benchmarking adopts Denton proportional benchmarking to align QNA with annual accounts.
February 19, 2026
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Trade tariffs nullified by national economic strength - call for self-reliance and firmness in external trade relations.
India's prospective leadership of the Global South and economic self-reliance were foregrounded, asserting that strengthened national capacity will nullify the effect of external tariffs and reduce foreign leverage. The speaker urged firmness in trade relations, linked social harmony and a shared Hindu identity to national unity, advocated moving temple administration from government control to devotees, and highlighted village-level development work including education, dispute resolution, land access, and local employment.
February 18, 2026
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Sovereign energy policy: India's continued purchase of Russian hydrocarbons seen as mutually beneficial despite US claims.
Russia's Foreign Ministry states it has no reason to believe India has changed its position on purchasing Russian hydrocarbons, asserting such purchases are mutually beneficial and help maintain international energy market stability. The statement rebuts US claims that India agreed to stop importing Russian crude, notes that India has not confirmed Washington's assertion, and characterises previous US actions - tariffs, sanctions and prohibitions - as coercive measures intended to dissuade countries from buying Russian oil.
February 18, 2026
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India-EU free trade agreement accelerates strategic economic and technological cooperation, enabling enhanced talent mobility and digital collaboration.
Prime Minister Modi and Estonian President Karis affirmed that the India-EU free trade agreement will act as a catalyst for deeper economic partnership and committed to leveraging it to expand trade and investment linkages, while intensifying cooperation in AI, digitalisation, e-governance, cybersecurity, startups, skilling, talent mobility, tourism, and clean energy collaboration.
February 18, 2026
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Provisional attachment under PMLA of overseas deposits linked to a real money gaming app for alleged money laundering and algorithmic manipulation.
The Enforcement Directorate issued a provisional order under the Prevention of Money Laundering Act to attach overseas bank deposits held in the names of alleged shell companies linked to Winzo Pvt Ltd, operated and controlled by its promoters, as part of a money laundering investigation into the real money gaming business alleging use of BOTs/AI and restrictions on customer withdrawals; a chargesheet has been filed and cumulative attachments have been reported.
February 18, 2026
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Fugitive economic offender status challenged as absence due to passport revocation and UK travel prohibition.
The petitioner challenges his designation as a fugitive economic offender and the constitutional validity of the Fugitive Economic Offenders Act, asserting he cannot specify a return date because his Indian passport was revoked and English and Welsh court orders prohibit him from leaving; counsel contends absence stems from international legal constraints and need not bar the High Court from hearing the petitions. The bench directed the Union government to file its reply and posted the matter for further hearing.
February 18, 2026
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Provisional attachment under PMLA used to secure asset linked to alleged investor cheating and diverted endorsement proceeds.
Provisional attachment under the Prevention of Money Laundering Act was used to secure an immovable property in Kerala linked to proceeds allegedly generated through cheating by an online bidding application, with investigators tracing diverted funds to celebrity endorsement payments, cryptocurrency trading losses and personal expenses and issuing a provisional order to preserve the property equivalent to the identified proceeds.
February 18, 2026
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Free trade agreement momentum boosted as leaders discuss cooperation across technology, shipbuilding and corridor connectivity.
Leaders focused on strengthening bilateral ties by promoting a Free Trade Agreement and enhancing cooperation in technology, innovation, shipbuilding, blue economy, and connectivity via the India Middle East Europe Economic Corridor. Croatia flagged increased trade and opportunities in logistics, maritime transport, digital transformation, defence and security, and emphasised its gateway role linking the Three Seas Initiative with the IMEC corridor. The visit occurred alongside the AI Impact Summit, framing AI's policy relevance to these economic agendas.
February 18, 2026
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Merger approval: consolidation of an NBFC's asset finance business into an inactive holding entity cleared, detailed regulatory order to follow.
The Competition Commission approved the proposed merger of Hinduja Leyland Finance Limited into NDL Ventures Limited, enabling consolidation of Hinduja Leyland Finance's asset finance activities-small ticket retail and vehicle loans, loan against property and housing loans-into NDL Ventures, which presently has no active business; a detailed regulatory order and any conditions will follow.
February 18, 2026
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Competition approval for internal reorganisation permits transfer of specified BCCL businesses to newly formed THPL on going concern basis.
Competition Commission approval granted for an internal reorganisation by Bennett Coleman & Company Limited to demerge and transfer specified entities, businesses, undertakings, assets and liabilities (EIBME Business) into newly incorporated Times Horizon Private Limited on a going concern basis, with further detailed order to follow.
February 18, 2026
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Competition approval for acquisition of portfolio management services business, consolidating PMS activities under an asset manager.
The Competition Commission of India has approved an acquisition in which Axis Asset Management Company Limited will acquire the portfolio management services business of Axis Securities Limited in India. The Acquirer manages a mutual fund business, provides portfolio management services, and manages alternative investment funds across Category II and Category III; the Target Business comprises the Transferor's portfolio management services in India. A detailed order will follow.
February 18, 2026
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Teacher eligibility requirement: temporary pay preserved for affected teachers pending K-TET compliance within the prescribed compliance period.
Following the court's removal of a pre-existing exemption, the State will grant temporary pay-scale approval to teachers appointed before the ruling's effective date provided they clear K-TET within the prescribed compliance period; equivalent qualifications are accepted and promotions will be considered after legal advice. The State will also re-fix posts to include students with Aadhaar EIDs or pending corrections to remedy staff losses caused by Aadhaar data discrepancies.
February 18, 2026
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Agricultural innovation investment roadmap drives company expansion into exports, joint ventures and multiyear seed R&D projects.
Indo US Bio-Tech Limited's roadmap commits to phased investments in infrastructure, capacity and crop-specific multi-year R&D through 2030-31, including a high-tech greenhouse, a 5,000 sq. ft. seed processing plant with dedicated machinery, processing capacity modernization, a joint venture groundnut seed plant, and multiple staged tomato, bottle gourd, chilli and brinjal breeding and commercialization projects, alongside a strategic export push into the US and African markets with staged pilot-to-full-scale operations.
February 18, 2026
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Aadhaar linkage: Delhi mandates household Aadhaar for online ration card applications, with verification and eligibility checks.
Delhi mandates online applications via the e-district portal for new ration cards with Aadhaar numbers for all family members and supporting residence and income documentation. Food supply officers will scrutinise and verify applications, forwarding eligible cases to assistant commissioners and a district-level committee which applies Delhi Food Security Rules, 2026 and the SOP, enforces exclusion criteria, prioritises needy applicants, maintains a waiting list, and routes appeals to the Public Grievance Commission as State Food Commission.
February 18, 2026
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Fugitive economic offender status limits challengeability while the declared person is legally barred from leaving a foreign jurisdiction.
This matter concerns a challenge to a declaration under the Fugitive Economic Offenders regime and a constitutional challenge to the Act, where the petitioner states he cannot return because his Indian passport was revoked and English and Welsh orders bar his departure, and the court has invited the government to reply while indicating it will not hear the challenge to the declaration until the petitioner returns.
February 18, 2026
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Trade agreements driving investment: operationalising TEPA and sectoral cooperation to convert agreements into industrial collaboration and investments.
India emphasises an expanding trade architecture providing a durable framework for trade, industrial collaboration and long-term investments, supported by domestic regulatory and budgetary reforms to ease compliance. Discussions focused on operationalising the TEPA with the European Free Trade Association (EFTA) and on sectoral cooperation in renewables, carbon capture, rare earths, green tech, maritime, fisheries, semiconductors and financial services, with presentations outlining bilateral investment potential and mechanisms to translate agreements into practical cooperation.
February 18, 2026
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Anticipatory bail denial in money laundering probe tied to cyber fraud highlights custodial interrogation necessity.
Refusal of anticipatory bail to a chartered accountant in a PMLA investigation stemmed from an alleged intricate mesh of laundering involving layering through thousands of mule accounts, use of an overseas payment platform and cross border cash withdrawals; the high court held custodial interrogation necessary to unravel transactions crafted by skilled professionals and to secure electronic evidence, distinguishing ordinary cryptocurrency dealings from an organised scheme to siphon investors' funds and noting allegations of assault, bribery and destruction of electronic material.
February 18, 2026
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India-EU Free Trade Agreement expands economic ties and drives technology, defence and education cooperation across Europe and India.
The India EU Free Trade Agreement is presented as the principal catalyst for deeper India-Europe economic relations, expected to expand market access and commercial opportunities. Bilateral meetings with Spain and Finland focused on leveraging the FTA to strengthen economic partnership and targeted cooperation in defence, security, advanced technologies (including AI and 6G), clean energy and higher education, while India's AI Expo serves as a platform to operationalise joint technology, startup and institutional collaboration.

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News and Press Release

India’s Ease of Doing Business Performance Strengthened; World Bank B-READY Assessment Scheduled in 2026

February 10, 2026

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DPIIT Launches Business Reforms Action Plan and Key Initiatives to Improve Ease of Doing Business

In the last 5 years, India have improved by 79 ranks in EoDB rankings published by World Bank Group as Doing Business Report. As per the latest DBR ranking published in 2019, India ranked at 63.

Following the discontinuation of the DBR Report in 2020, the World Bank launched the B-Ready Assessment in 2024 to evaluate 180+ countries over three years across 10 topics spanning the entire business lifecycle: Business Entry, Business Location, Utility Services, Labor, Financial Services, International Trade, Taxation, Dispute Resolution, Market Competition, and Business Insolvency. India is to be part of the Third B-Ready Report, schedule to release in 2026.

With a view to improve India's business climate, attract investments, and foster economic growth, Department for Promotion of Industry and Internal Trade (DPIIT) has launched several initiatives including Business Reforms Action Plan (BRAP) under the overall umbrella initiative of Ease of Doing Business.

BRAP initiative was launched in 2014 by the Department for Promotion of Industry and Internal Trade (DPIIT). It focuses on streamlining regulations, reducing compliance burdens, and implementing digital solutions to improve the business environment in India. Key reforms include establishing single window systems, simplifying building permissions, enhancing inspection procedures, and digitizing various business processes. These reforms aim to make India a more attractive destination for both domestic and foreign investment.

So far, seven editions of BRAP (2015, 2016, 2017-18, 2019, 2020, 2022 and 2024) have been completed, wherein States/UTs have been assessed. The seventh edition, BRAP 2024, is currently in progress. Over 9,700 reforms have been carried out across States and Union Territories. State/UT Ranking on Ease of Doing Business.

Under the Regulatory Compliance Burden (RCB) initiative, launched by the Government of India in 2020, Central Ministries/Departments and States/UTs undertook a self-identification exercise to reduce burdensome compliances for businesses and citizens. As a result, over 47,000 compliances have been reduced during the last five years.

Of the total compliances reduced:

  • 16,109 compliances were simplified, 22,287 compliances were digitized,
  • 4,623 compliances were decriminalized, and
  • 4,270 compliances were eliminated by removal of redundant and duplicative requirements.

Further, under the RCB+ initiative, 4,846 compliances have been reduced out of 6,262 identified compliances across 23 Acts commonly implemented by States/UTs.

The Jan Vishwas (Amendment of Provisions) Act, 2023 was passed in both Houses of the Parliament (Lok Sabha on 27th July 2023, Rajya Sabha on 02nd August 2023) and received President's Assent on 11th August 2023. The Act decriminalizes 183 provisions under 42 Acts administered by 19 Ministries/ Departments.

The Act employs various approaches to decriminalization, including the removal of both imprisonment and fines, conversion of imprisonment and/or fine into penalties, and the introduction of compounding of offenses in certain cases. DPIIT on recommendations of the Joint Parliamentary Committee initiated the process of further identifying minor criminal provisions to be compiled for another common amendment bill.

The Jan Vishwas (Amendments of Provisions) Bill, 2025 was approved by the Union Cabinet on 12.08.2025 and was subsequently laid before the Lok Sabha on 18 August 2025. Thereafter, the Bill was referred to the Select Committee constituted under the Chairmanship of Shri Tejasvi Surya. At present, the Bill is under examination by the said Committee.

This exercise builds on the success of the Jan Vishwas (Amendment of Provisions) Act, 2023 by expanding the reform agenda to cover 16 Central Acts administered by 10 Ministries/Departments. A total of 355 provisions are proposed to be amended 288 provisions decriminalized to foster Ease of Doing Business, and 67 provisions proposed to be amended to facilitate Ease of Living.

To systematically reduce regulatory overlaps and eliminate redundant compliances, the Government adopted a multi-stage institutional and analytical approach under the RCB initiative. Key measures undertaken include:

  • Conducting self-identification exercises by Central Ministries/Departments and States/UTs to identify overlapping, obsolete and duplicative compliances, which led to the identification of over 47,000 compliances for review.
  • Analytical mapping by DPIIT of more than 42,000 reduced compliances across over 670 unique Acts to identify common regulatory provisions and overlapping compliance requirements across States/UTs.
  • Identification of 23 Acts under which more than 10 States/UTs had undertaken compliance reduction, and inclusion of these Acts under the RCB+ initiative for focused harmonisation and rationalisation.
  • Review of 6,262 compliances under these Acts, resulting in the reduction of 4,846 compliances, thereby addressing inter-State and intra-regulatory duplication.

These measures have enabled elimination of redundant compliances, reduction of regulatory overlaps, and harmonisation of regulatory frameworks across jurisdictions.

The Government of India has undertaken a series of comprehensive reforms under the Business Reform Action Plan (BRAP), which cut across critical areas such as Labour, Environment, Land Administration, and Taxation. These measures have significantly reduced both turnaround time and cost for setting up and operating businesses in the country. The intent of the Government is clear—to create a favorable and enabling environment for enterprises, thereby strengthening India’s position as an attractive investment destination.

BRAP, true to its dynamic nature, has continuously evolved to incorporate additional reforms, focus sectors, and the adoption of Information and Communication Technology (ICT) for delivering quality and efficient services to businesses. The reforms include initiatives such as online delivery of services through single-window systems, simplified environmental clearances, digitized registrations and renewals, and streamlined processes for utility connections. Furthermore, digital integration has been extended to the creation of land banks and Geographic Information Systems (GIS) for industrial parks, integrated with the India Industrial Land Bank (IILB), which provides comprehensive investor-related information.

In addition to BRAP, the Government has introduced key initiatives such as Reducing Compliance Burden (RCB), Decriminalization of business laws, and the National Single Window System (NSWS). These initiatives are designed to provide further impetus to ease of doing business in India. The Government remains determined to build an investment-friendly ecosystem that supports both domestic and foreign investments, with a strong focus on removing sectoral hurdles and establishing multiple investment hubs across the nation.

The Department for Promotion of Industry and Internal Trade (DPIIT) has operationalized the National Single Window System (NSWS) to facilitate clearances and approvals for businesses. At present, registered businesses are able to track the status of their applications through the Investor Dashboard, which provides visibility into approval status and enables monitoring of progress in a transparent and time bound manner.

Currently, 32 Central Ministries/Departments and 33 States/UTs have been integrated with NSWS for facilitating and streamlining G2B approvals with access to 300+ G2B approvals of Central Departments and 3000+ G2B approvals of States/UTs. The NSWS helpline can be reached over call and email by business users for any grievances or support required for any issue related to NSWS. Daily grievance call mechanism is also in place for users requiring support to resolve their issues

This initiative is aimed at strengthening transparency, accountability, and efficiency in regulatory processes, thereby enhancing investor confidence and contributing to the Government’s ongoing efforts to improve the ease of doing business in the country.

This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin Prasada, in a written reply in the Lok Sabha today.

***

Abhishek Dayal/Shabbir Azad/Anushka Pandey

ANNEXURE

Ranking of States/UTs under BRAP since inception

BRAP 2015

Leaders

NONE

Aspiring Leaders

Andhra Pradesh, Chhattisgarh, Gujarat, Jharkhand, Madhya Pradesh, Odisha, Rajasthan,

Acceleration Required

Haryana, Maharashtra, Punjab, Telangana, Karnataka, Uttar Pradesh, West Bengal, Delhi, Tamil Nadu,

Jump Start Needed

Uttarakhand, Bihar, Himachal Pradesh, Andaman & Nicobar, Arunachal Pradesh, Assam, Chandigarh, Jammu & Kashmir, Meghalaya, Nagaland, Puducherry, Sikkim, Tripura &  Goa, Kerala

BRAP 2016

Leaders

Andhra Pradesh, Chhattisgarh, Gujarat, Haryana, Jharkhand, Madhya Pradesh, Maharashtra, Odisha, Punjab, Rajasthan, Telangana, and Uttarakhand

Aspiring Leaders

Bihar, Karnataka, Uttar Pradesh and West Bengal.

Acceleration Required

Delhi, Himachal Pradesh and Tamil Nadu

Jump Start Needed

Andaman and Nicobar, Arunachal Pradesh, Assam, Chandigarh, Dadra Dadra & Nagar Haveli, Daman & Diu, Goa, Jammu & Kashmir, Kerala, Lakshadweep, Manipur, Meghalaya, Mizoram, Nagaland, Puducherry, Sikkim and Tripura.

 BRAP 2017-2018

Top Achievers

Andhra Pradesh, Telangana, Haryana, Jharkhand, Gujarat, Chhattisgarh, Madhya Pradesh, Karnataka & Rajasthan

Achievers

West Bengal. Uttarakhand, Uttar Pradesh, Maharashtra, Odisha and Tamil Nadu

Fast Movers

Himachal Pradesh, Assam and Bihar

Aspirers

Goa, Punjab, Kerala, Jammu & Kashmir, Delhi, Damn & Diu, Tripura, Dadra & Nagar Haveli, Puducherry, Nagaland, Chandigarh, Mizoram, Andaman & Nicobar, Manipur, Sikkim, Arunachal Pradesh and Lakshadweep

BRAP-2019

Sl. No.

Ranking of States

1.

Andhra Pradesh

2.

Uttar Pradesh

3.

Telangana

4.

Madhya Pradesh

5.

Jharkhand

6.

Chhattisgarh

7.

Himachal Pradesh

8.

Rajasthan

9.

West Bengal

10.

Gujarat

11.

Uttarakhand

12.

Delhi

13.

Maharashtra

14.

Tamil Nadu

15.

Lakshadweep

16.

Haryana

17.

Karnataka

18.

Daman and Diu

19.

Punjab

20.

Assam

21.

Jammu and Kashmir

22.

Andaman & Nicobar

23.

Dadra & N. Haveli

24.

Goa

25.

Mizoram

26.

Bihar

27.

Puducherry

28.

Kerala

29.

Arunachal Pradesh

30.

Chandigarh

31.

Manipur

32.

Meghalaya

33.

Nagaland

34.

Odisha

35.

Sikkim

36.

Tripura

BRAP 2020

Top Achievers

Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana

Achievers

Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand, Uttar Pradesh

Aspirers

Assam, Chhattisgarh, Goa, Jharkhand, Kerala, Rajasthan, West Bengal

Emerging Business Ecosystems

Andaman & Nicobar, Bihar, Chandigarh, Dadra & Nagar Haveli and Daman & Diu, Delhi, Jammu & Kashmir, Manipur, Meghalaya, Nagaland, Puducherry, Tripura


BRAP 2022

Y Category

B2G

Category

 States/ UTs

Fast Mover

Gujarat

Aspirers

Andhra Pradesh, Telangana, Maharashtra, Haryana, Uttar Pradesh, Uttarakhand, Odisha, Himachal Pradesh, Punjab, Madhya Pradesh, Tamil Nadu, Kerala, Karnataka, Chhattisgarh, West Bengal, Bihar, Goa, Jharkhand, Rajasthan, Assam, Delhi, J&K

C2G

Category

 States/ UTs

Aspirers

Kerala, Gujarat, Telangana, Maharashtra, Tamil Nadu, Uttarakhand, Haryana, Madhya Pradesh, Odisha, Karnataka, Rajasthan, Himachal Pradesh, Andhra Pradesh, Uttar Pradesh, Goa, Bihar, Delhi, West Bengal, Assam, Chhattisgarh, J&K, Jharkhand, Punjab

X Category

B2G

Category

 States/ UTs

Aspirers

Dadar & Nagar Haveli and Daman & Diu, Tripura, Chandigarh, Meghalaya, Manipur, Mizoram, Puducherry, Andaman & Nicobar Islands, Arunachal Pradesh

C2G

Category

 States/ UTs

Aspirers

Chandigarh, Dadar & Nagar Haveli and Daman & Diu, Meghalaya, Andaman and Nicobar Islands, Tripura, Puducherry, Mizoram, Arunachal Pradesh, Manipur

  • Category X includes northeastern states (excluding Assam) and UTs (excluding Delhi), and
  • Category Y encompasses states and UTs with established business and citizen-centric systems.
  • Remarks: States are categorized as "Top Achievers" (above 90%), "Achievers" (80–90%), "Fast Movers" (70–80%), and "Aspirers" (below 70%) based on their compliance with the action plan, reflecting the government's commitment to creating a business-friendly environment.
  • B2G indicates Business Centric reforms
  • C2G indicates Citizen Centric reforms

BRAP 2024

  • EODB Categories (BRAP including RCB)

Y Category

Category

 States/UTs

Fast Movers

Odisha, Punjab, Andhra Pradesh, Rajasthan, Madhya Pradesh, Kerala, Assam, Uttarakhand, Jammu & Kashmir, Karnataka

Aspirers

West Bengal, Tamil Nadu, Maharashtra, Gujarat, Uttar Pradesh, Chhattisgarh, Haryana, Telangana, Jharkhand, Himachal Pradesh, Goa, Bihar, Delhi

 

X Category

Category

 States/UTs

Aspirers

Tripura, Meghalaya, Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Andaman & Nicobar Islands, Puducherry,, Nagaland, Arunachal Pradesh, Mizoram, Sikkim, Lakshadweep, Manipur

  • Category X includes northeastern states (excluding Assam) and UTs (excluding Delhi), and
  • Category Y, which encompasses states and UTs with established business centric systems.
  • States are categorized as "Top Achievers" (above 95%), "Achievers" (90–95%), "Fast Movers" (80–90%), and "Aspirers" (below 80%) based on their compliance with the action plan, reflecting the government's commitment to creating a business-friendly environment.
  • EODB Categories (BRAP excluding RCB)

Y Category

Category

States/UTs

Achievers

Andhra Pradesh, Punjab

Fast Movers

Rajasthan, Odisha, Madhya Pradesh, Kerala, West Bengal, Maharashtra, Jammu & Kashmir, Assam, Tamil Nadu, Uttarakhand, Gujarat

Aspirers

Karnataka, Uttar Pradesh, Chhattisgarh, Haryana, Jharkhand, Telangana, Himachal Pradesh, Goa, Bihar, Delhi

X Category

Category

States/UTs

Aspirers

Tripura, Meghalaya, Chandigarh, Dadra and Nagar Haveli and Daman and Diu, Andaman & Nicobar Islands, Puducherry, Arunachal Pradesh, Nagaland, Mizoram, Sikkim, Lakshadweep, Manipur

  • Category X includes northeastern states (excluding Assam) and UTs (excluding Delhi), and
  • Category Y, which encompasses states and UTs with established business centric systems.
  • States are categorized as "Top Achievers" (above 95%), "Achievers" (90–95%), "Fast Movers" (80–90%), and "Aspirers" (below 80%) based on their compliance with the action plan, reflecting the government's commitment to creating a business-friendly environment.

Topics

Acts Income Tax