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February 12, 2026
Show AI Summary
Aadhaar card tracing: High Court directs Centre and state to create an SOP for faster police access.
The High Court directed central and state governments to formulate an SOP for police access to Aadhaar card details to enable faster tracing of victims, stressing expedited procedures for missing children and suspected human trafficking; it ordered the Unique Identification Authority director be made a party, received a report from the state legal services authority on action taken after an alleged assault, and scheduled further hearing.
February 12, 2026
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KELTRON secures Rs18 crore export deal to supply Passive Sonar systems; KS Smart to buy 40% stake in Kokonix.
KELTRON signed an Rs 18 crore export agreement, via Neo Power, to supply Passive Sonar systems to navies in the South Asia-North Africa region-its largest single export order following a successful 2025 shipment of 300 sonar elements that met delivery and quality standards. Concurrently, Kokonix will transfer a 40 percent stake to KS Smart to revive laptop manufacturing and bolster its smart-device production capacity.
February 12, 2026
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India-US trade framework remains the basis for an interim agreement; fact sheet amended to reflect shared understandings.
The India-US joint statement is the binding framework for an interim trade agreement; amendments to the White House fact sheet were made to reflect shared understandings, removing references to pulses and digital services taxes and reframing commitments as intentions to reduce tariffs on specified US industrial and agricultural goods and to increase purchases of US energy and technology products.
February 12, 2026
Show AI Summary
New CPI series shows January inflation at 2.75%, revises basket and weights, impacting monetary policy signals.
The new CPI series rebased to 2024 (HCES 2023-24) expands the basket to 358 items, reweights components-notably lowering Food & Beverages to 36.75% and enlarging Housing to 17.67%-widens price collection across rural, urban and online markets, and reclassifies groups into a 12-category COICOP-aligned framework. Index values begin January 2025 with year on year comparability from January 2026 and a linking factor enables back-calculation; methodological changes aim to align inflation signals with current expenditure patterns and refine the basis for monetary and fiscal policy calibration.
February 12, 2026
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Money laundering probe alleges director diverted company funds through front entities, benami deals and forged documents causing large losses.
The director allegedly exceeded limited authority to generate and conceal proceeds of crime by diverting company funds through front entities, reselling land to the company at inflated prices, transferring land and TDRs at undervalued rates, executing benami transactions, fabricating MoUs to create bogus possession claims, and facilitating fraudulent allotment of flats, causing over Rs 85 crore wrongful loss; the money laundering probe proceeds under PMLA with the accused produced and arrested during production proceedings.
February 12, 2026
Show AI Summary
New CPI series updates base year to 2024, widens basket and recalibrates weights to better measure inflation.
India introduced a new Consumer Price Index series with base year 2024=100, expanding coverage to 358 items and 12 classification groups, recalibrating weights using the Household Consumption Expenditure Survey 2023 24, reducing the food and beverages weight to 36.75%, and updating price collection across extensive rural, urban and online markets to provide more contemporaneous inflation signals for policy calibration.
February 12, 2026
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Loan recovery rules require agent training, call recording, respectful conduct, background checks and restrictions on contact timing.
The Reserve Bank proposes mandating recorded phone calls and civil conduct by recovery agents, prohibiting abusive language and inappropriate messaging, and banning contact at inopportune occasions. Banks must adopt internal guidelines, protect customer information held by agents, require completion of formal debt recovery training, and conduct pre engagement and periodic background verifications of agent representatives. Banks must exercise utmost caution before involving agents in matters that are subjudice and ensure recovery agencies comply with verification, training, and conduct standards.
February 12, 2026
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Sensex falls amid IT sell-off and AI concerns; TCS drops below Rs10 lakh crore market capitalisation.
Benchmark indices fell on heavy selling in IT stocks as AI-related disruption fears and diminished expectations of a near-term Fed rate cut following strong US jobs data drove volatility; TCS tumbled over 5%, pushing its market capitalisation below the Rs 10 lakh crore mark, while foreign institutional investor inflows in February provided limited offsetting support.
February 12, 2026
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New CPI series recalibrates weights and expands services and digital coverage to improve inflation measurement for policy use.
The National Statistics Office released a redesigned Consumer Price Index with base 2024=100 that recalibrates item weights using the Household Consumption Expenditure Survey 2023-24, expands coverage of goods, services and digital channels, reduces the food and beverages weight, and aims to provide more accurate inflation signals to aid monetary policy calibration and stabilize CPI-linked fiscal items.
February 12, 2026
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Intel's India-specific warranty policy deemed abusive of dominance; fined INR 27.38 crore and ordered to publicise withdrawal.
CCI held Intel dominant in the boxed desktop microprocessor market and found its India-specific warranty policy discriminatory and limiting of parallel imports, causing an appreciable adverse effect on competition under Section 4. The Commission imposed a reduced penalty of INR 27.38 crores after considering mitigation including policy withdrawal and directed Intel to publicise the withdrawal and submit a compliance report.
February 12, 2026
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Samsung Galaxy F70e 5G available with Bajaj Finserv Easy EMIs offering flexible tenures and zero down payment.
Samsung launched the Galaxy F70e 5G and promotes purchase via Bajaj Finserv Easy EMIs offering quick approvals, customised payment terms, zero down payment on select models, and flexible tenures (3-60 months). Bajaj Finance Limited is identified as a deposit taking NBFC registered with the Reserve Bank of India and classified as an NBFC Investment and Credit Company that engages in lending and acceptance of deposits, with a diversified lending portfolio and published credit ratings.
February 12, 2026
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India garment duty access: apparel made with US yarn or cotton to qualify for duty concessions under an interim trade pact.
India will receive apparel duty concessions under an interim India US trade agreement when garments meet yarn forward or cotton forward rules of origin by procuring yarn and/or cotton from the US, mirroring benefits extended to Bangladesh; the arrangement, contingent on signing the legal agreement by mid March, includes no quotas on raw material imports and aims to preserve protections for most Indian agricultural products.
February 12, 2026
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Nationwide strike contests labour codes and protest limits; courts question RERA functioning and expressive boundaries.
Trade unions held a nationwide strike opposing labour codes and the proposed Industrial Relations Code, alleging it favours employers and curtails protest rights. The Supreme Court criticised state RERA bodies for facilitating defaulting builders and urged reconsideration of their constitution and enforcement. The government approved a government to government purchase of 114 combat aircraft, while a defence contractor proposed co development of an aero engine with full intellectual property transfer, raising procurement and IP compliance issues.
February 12, 2026
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SPJIMR launches PGPDM Batch 27 to build development sector leaders with diverse, practice focused training and RBI emphasis on intermediaries.
SPJIMR launched Batch 27 of its PGPDM, a 37 member, gender balanced cohort emphasizing practice oriented learning and capacity building for development sector leadership. The programme highlights the importance of capable intermediaries to bridge government, business and society-critical to MSME promotion and entrepreneurial support-and is positioned as the only Indian development management programme with triple international accreditation.
February 12, 2026
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Popcorn maize collaboration boosts domestic production via hybrid agreements, contract farming, export readiness, and aatmanirbhar goals.
ICAR-IIMR and Gourmet Popcornica entered formal agreements for IIMR-bred popcorn hybrids to translate research into commercial cultivation, improving yields, kernel quality and pest resistance. Through structured contract farming, capacity building for over 17,500 farmers, mechanisation and responsible sourcing across tens of thousands of acres, the partnership reduced import dependence (domestic production now ~65% of demand) and aims to develop export readiness and an aatmanirbhar popcorn maize value chain.
February 12, 2026
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Kisan Credit Card scheme revised to standardize crop seasons, extend tenures, align drawing limits, and add tech expense eligibility.
Revised Directions propose an updated Kisan Credit Card (KCC) Scheme consolidating guidelines for multiple bank types, standardizing crop seasons into short (12 months) and long (18 months) durations, extending KCC tenure to six years, aligning drawing limits with the scale of finance for each crop season, and adding specified technological and certification expenses within a 20% additional component as eligible. The draft is open for public and regulated entity comments by March 6, 2026 through prescribed online and email channels.
February 12, 2026
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MedTech startups urged to go global leveraging trade pacts and 80% IP fee rebate to scale affordable exports.
MedTech startups are urged to capitalise on India's trade agreements that secure market access to about 70% of global GDP, with support including an 80% rebate on IP fees, 24x7 Startup India assistance, facilitation of delegations and mission support, regulatory progress enabling exports, expansion of NIPERs and a new NID, infrastructure plans for manufacturing clusters, and public-private grant and incubation awards to accelerate commercialization.
February 12, 2026
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Rupee rises on foreign fund inflows and RBI liquidity support while equities fall amid trade-deal concerns.
The rupee appreciated to 90.61 against the US dollar as foreign fund inflows and RBI liquidity support lifted sentiment, while concerns over India-US trade fact sheet terms and sector sensitivities coincided with equity market declines and continued foreign institutional purchases.
February 12, 2026
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Kiteskraft's The Power List spotlights mentors and change makers driving ethical leadership, innovation, and community impact.
Kiteskraft Productions LLP published The Power List, a compendium recognizing mentors and change makers across education, healthcare, arts, finance, and social enterprise, highlighting their leadership, ethical practices, mentorship roles, public service initiatives, professional achievements, and contributions to community empowerment; the release frames Kiteskraft as an events and recognition organiser and presents the profiles descriptively under a PRNewswire arrangement.
February 12, 2026
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Gold price surge boosts borrowers' collateral value; lenders advise leveraging higher LTV for debt consolidation.
Rising gold prices have increased the collateral value of pledged jewellery, raising the absolute loan amount available within the RBI Loan-to-Value cap. Borrowers may leverage higher valuations for liquidity needs such as debt consolidation or business expansion. Lenders should ensure transparent, real-time appraisal processes and borrowers are advised to use RBI-regulated lenders and bank-grade custody standards to secure peak market valuation and potentially access improved credit terms and lower long-term borrowing costs.

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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