Business · Economy · 7 hrs ago

CII urges GST-style reforms to simplify land, labour and local approvals

CII urges GST-style reforms to simplify land, labour and local approvals

India’s industry body CII urged the Centre and states to simplify business rules on land, labour, construction, utilities and local permissions.

It pointed to changes agreed by the GST Council at its October 8 meeting as a model for cooperation between central and state governments.

Those GST changes include raising the prosecution threshold from ₹1 crore to ₹5 crore and narrowing some offences, but legislative amendments are needed to put them into effect.

CII says businesses face overlapping rules and approvals across states, which can raise costs and delay projects.

The proposed wider reforms aim to reduce those barriers and encourage investment, especially for manufacturing and enterprise growth.

CII says simpler, more predictable regulation could also reduce legal costs and uncertainty for small businesses and first-time entrepreneurs, while retaining criminal action for deliberate fraud and tax evasion.

It wants governments to coordinate on the next phase of reforms, and asks businesses, particularly smaller firms, to strengthen internal controls and voluntary compliance.

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What people are saying

Chandrajit BanerjeeCII director general
The GST Council has demonstrated that difficult institutional reforms can be achieved when the Centre and states agree on common objectives and work together to deliver them.
via Economic Times
We need similar coordination and reform commitment across land, labour, construction, utilities and local permissions to improve the ease, cost and speed of doing business.
via Economic Times