India Inc legal spending rises by 21% to Rs 63,807 crore in FY23

Legal expenses for India Inc. increased by 20.98% in the last fiscal year, reaching ₹63,807 crore ($7.69 billion), according to data from 3,972 listed companies. The rise in expenses can be attributed to robust deal activities, increased spending on disputes, and higher compliance costs. Legal expenses include litigation and arbitration expenses, professional fees, regulatory filings, penalties, and stamp duty.

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