Norms set on intra-group transfers, determination of taxable income and restructuring relief
On Friday, India began canvassing public opinion on a new comprehensive data privacy bill, three months after withdrawing a previous bill that had alarmed big technology companies.
Expected to be presented in the next session of parliament, the measure — aimed at protecting digital personal data — seeks to allow the transfer of data outside India, and provides for penalties regarding data breaches.
The government plans to set up a panel to ensure compliance with the law, the bill said.
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Norms set on intra-group transfers, determination of taxable income and restructuring relief
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