Some financial offences like bouncing of cheques may be decriminalised

“Criminalising procedural lapses and minor non-compliances increases burden on businesses and it is essential that one should re-look at provisions which are merely procedural in nature and do not impact national security or public interest at large,” the DFS said in the statement of reasons explaining the rationale behind the proposed move.

from Personal Finance News-Wealth-Economic Times https://ift.tt/2MKnLuP