ICAI | DPIIT seeks public inputs for measuring cost of regulation



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The Institute of Chartered Accountants of India (ICAI), in collaboration with the Department For Promotion of Industry and Internal Trade (DPIIT), is inviting businesses to provide feedback on a draft framework for measuring the Cost of Regulation (CoR). This initiative is part of the government's 'Ease of Doing Business' drive, aiming to understand and reduce the financial burden of regulations on companies. ICAI has developed a questionnaire to gather insights from corporates across various services and states.

Committee for Development of International Trade, Services WTO The Institute of Chartered Accountants of India ANNOUNCEMENT SEEKING INPUTS FOR MEASURING COST OF REGULATION - AS REQUESTED BY DPIIT This is with reference to the communication received from Department For Promotion of Ind
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FAQ :

The purpose is to gather feedback from businesses on a draft framework developed by DPIIT to measure the Cost of Regulation (CoR), as part of the 'Ease of Doing Business' initiative.

The inputs are being requested by the Department For Promotion of Industry and Internal Trade (DPIIT), with the Institute of Chartered Accountants of India (ICAI) facilitating the process.

Cost of Regulation (CoR) is a critical component of overall business costs and an important factor in assessing the ease of doing business.

Businesses can provide their input by filling out a questionnaire developed by ICAI, available via a Google Form.

The deadline for submitting feedback is 28th May, 2023.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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