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Proposed amendment to IT Rules on online gaming

Ministry of Electronics and Information Technology (“MeitY”) was appointed as the nodal ministry for matters pertaining to online gaming...

Are reward points legal in India?

To increase customer loyalty, e-commerce entities award reward points to their customers, which may later be redeemed by the customers on...

Is sale and purchase of sex-toys legal in India?

As law is constantly evolving to reflect the changing times, legislators are unable to foresee every problem that might arise and pass...

The Digital Personal Data Protection Bill, 2022

In the current technology driven era, data[1] is the oil which governs the functioning of all entities, individuals, or a government...

Late submission fee for reporting delays under Foreign Exchange Management Act, 1999 (FEMA)

Reserve Bank of India (“RBI”) vide earlier circulars dated November 07, 2017[1]; January 16, 2019[2]; and August 22, 2022[3], introduced...

The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2022

The Companies (Corporate Social Responsibility Policy) Rules, 2014 governs the activities undertaken by a company[1] in pursuance of its...

Overseas investment by Alternative Investment Funds or Venture Capital Funds

A. Introduction The Securities and Exchange Board of India (“SEBI”) vide its circular dated August 17, 2022 (“Circular”) has issued...

Summary of the new Overseas Investment Regime

The central government has, in consultation with the Reserve Bank of India (“RBI”) revamped the regulatory regime governing overseas...

RBI Framework for Offline Digital Payments: Encouraging Digitization

Over the past few years, our reliance on digital payment methods has increased. Today, we rely more and more on payment methods such as...

Protect Your IP! What Startups Need To Know

The Intellectual Property (IP) of your startup may be more valuable than its physical assets and is most vulnerable to leaks, theft, and...