Centre Plans Longer Licence Validity Of Up To 15 Years To Cut Business Compliance Burden
The Centre is preparing a major overhaul of business licensing rules in FY27, with several permits likely to receive validity periods of 10 to 15 years. The move is aimed at reducing repeated paperwork and easing the compliance burden faced by companies, Moneycontrol reported. The reform exercise covers regulations across sectors including environment, pharmaceuticals, explosives and Bureau of…
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