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    <title>FM proposes revamping model bilateral investment treaty to make it investor-friendly</title>
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    <description>Revamping the Bilateral Investment Treaty to be investor-friendly is proposed together with Jan Vishwas Bill 2.0 to decriminalise over one hundred offences, rollout of a central KYC registry, updating norms to match technological innovation, and simplifying procedures for speedy approval of company mergers. The reforms respond to limited acceptance of the existing model tax treaty and reservations about tax-related dispute resolution, aiming to protect and promote cross-border investments in light of prior international arbitration losses tied to retrospective tax measures.</description>
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