India, Feb. 3 -- The government's reform express will see a slew of actions in next couple of months, such as structural overhaul of the Insolvency and Bankruptcy Code (IBC), a one-time relief to special economic zones (SEZs), new elements in the Rs.2 lakh crore special assistance to states and a people-friendly income-tax law, Union finance minister Nirmala Sitharaman said on Monday.

A day after presenting the Union Budget, she said the government is all set to introduce the Insolvency and Bankruptcy Code (Amendment) Bill, 2025 in the second half of the Budget session beginning March 9. The bill proposes the next generation of IBC reforms. Experts said the legislation aims to reduce resolution timelines, empower creditors, enhance roles...