News
Illegal Loan Apps Under Watch as Government Strengthens Digital Lending Rules
2+ week, 5+ day ago (403+ words) GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 3803 ANSWERED ON MONDAY, MARCH 16, 2026/PHALGUNA 25, 1947 (SAKA) Growing Menace of Illegal Loan Apps 3803. DR. MOHAMMAD JAWED: SHRI G LAKSHMINARAYANA: Will the Minister of FINANCE be pleased…...
Compliance Guide for India’s Digital Personal Data Protection Act
3+ mon, 5+ day ago (1413+ words) Navigating India's New Data Privacy Landscape:A Comprehensive Guide to the Digital Personal Data Protection Act, 2023 and DPDP Rules, 2025 The Implementation Timeline: A Phased Approach One-Year Milestone by November 13, 2026: The provisions governing Consent Managers under Section 6(9) and Rule 4 will come…...
An Analysis of SEBI's Cyber Security and Cyber Resilience Framework
1+ mon, 2+ week ago (173+ words) Regulatory Framework Covering CTO and CISO Under the CSCRF, the regulator provides for the appointment of an IT committee which is responsible for the review of the cyber related policies and its implementation and approval of audit reports, before they…...
Digital Personal Data Protection Act, 2023 (DPDP Act) and DPDP Rules
3+ mon, 1+ week ago (870+ words) The Digital Personal Data Protection Act, 2023 (DPDP Act) and DPDP Rules The End of "Chalta Hai" Attitude For years, India's approach to personal data was casual ("chalta hai"). You would share your mobile number at a billing counter, and by…...
Distinction between Data Fiduciary and Data Processor under DPDP Act, 2023
1+ mon, 3+ week ago (216+ words) Explains how control and statutory liability rest with the Data Fiduciary, while Data Processors operate under contractual instructions with indirect exposure.... Under the Digital Personal Data Protection Act, 2023, the distinction between a Data Fiduciary and a Data Processor turns on…...
Safe Harbour Limit for Information Technology Services Raised to ₹2,000 Crore
2+ mon, 5+ day ago (248+ words) The Budget sharply increases the safe harbour threshold for IT services from "300 crore to "2,000 crore. This brings a much larger segment of IT companies under a simplified transfer pricing regime.... The Union Budget 202627, presented by Nirmala Sitharaman, introduces major reforms…...
DGFT Standardises EOU Permission Formats Through New Appendix 6N
3+ mon, 6+ day ago (235+ words) GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE Subject: Amendments in Chapter 6 of the Handbook of Procedures and Appendix " 6N of Appendices and ANFs " regarding. In exercise of powers conferred under Paragraph 1.03 and 2.04 of the Foreign Trade Policy…...
CA Firms Rendering Attestation Functions Urgently Need a Chief Technology Officer (CTO)
2+ mon, 2+ week ago (1562+ words) CA Firms rendering attestation function urgently need a Chief Technology Officer (CTO) Refer to the following link and pages referred that contain the thought process and the manner in which IAASB is considering to revise the Auditing Standard on sampling....
Intermediary Liability under Information Technology Act, 2000
2+ mon, 4+ week ago (842+ words) What is an intermediary- Intermediary is defined in the section 2(1)(w) of the IT Act 2000 as- With the definition given above we do proliferate that intermediaries as a term under this law is a broad one and scopes towards the online…...
Data Fiduciary Obligations under Digital Personal Data Protection Rules, 2025
3+ mon, 4+ week ago (1209+ words) 1.0 Introduction: Understanding Your Role as a Data Fiduciary 2.0 The Foundation of Trust: Notice and Consent Requirements The notice provided to individuals (Data Principals) is more than a legal formality; under Rule 3, it is the primary mechanism for establishing transparency and…...