Fintech
Travel Tech
Electric Vehicle
Health Tech
Edtech
IT
Logistics
Retail
Ecommerce
Startup Ecosystem
Enterprise Tech
Clean Tech
Consumer Internet
Agritech
Finance minister Nirmala Sitharaman has announced that requirements and procedures for speedy approvals of company mergers will be rationalised
The scope of fast-track mergers will also be widened, and the process will be made simpler
During her speech, she also highlighted that the government will revamp the Central KYC Registry in 2025 to simplify KYC processes
During her eighth consecutive Union Budget speech, finance minister Nirmala Sitharaman announced on Saturday (February 1) that requirements and procedures for speedy approvals of company mergers will be rationalised.
“The scope of fast-track mergers will also be widened, and the process made simpler,” she said.
During her speech she also highlighted that the government will revamp the Central KYC Registry in 2025 to simplify KYC processes. Additionally, a streamlined system for periodic updates will be implemented to enhance efficiency and compliance.
