India: Financial data localisation requirement in Companies (Accounts) Rules 2014
Progress
Current status
in force
01 Apr 2014 in force
31 Mar 2014 adopted
Scope
Implementers
India
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Implemented financial data localisation requirement in Companies (Accounts) Rules 2014
On 1 April 2014, the Companies (Accounts) Rules 2014, outlining data localisation requirements for “books of account”, were implemented. In particular, section 3 of the Rules states that the “books of account” and documents containing relevant infor…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central government
Adopted financial data localisation requirement in Companies (Accounts) Rules 2014
On 31 March 2014, the Ministry of Corporate Affairs adopted the Companies (Accounts) Rules 2014, outlining data localisation requirements for “books of account”. In particular, section 3 of the Rules states that the “books of account” and documents …
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central government