Impact of Unnecessary Compliances Ease of Doing Digital Business in India
Overview
The Discussion Paper distinguishes between necessary and unnecessary compliances by using elements of the regulatory guillotine framework and expands upon the core principles of ‘legality’, ‘necessity’, and ‘business friendliness’. Further, the paper renews the discussion on unnecessary compliances, costs associated, and their impact on digital businesses. It concludes with recommendations for simplifying, amending and repealing unnecessary compliances and installing good regulatory practices.