Budget 2025: Govt proposes to revamp model bilateral investment treaty to make it investor-friendly

Finance Minister Nirmala Sitharaman announced the revamping of the model Bilateral Investment Treaty (BIT) to be more investor-friendly in her eighth consecutive Budget speech. She also introduced Jan Vishwas Bill 2.0 to decriminalize over 100 offenses and improve ease of doing business, alongside other regulatory updates and simplified procedures for company mergers.