India: Adopted financial data localisation requirement in Companies (Accounts) Fourth Amendment Rules, 2022
Description
Adopted financial data localisation requirement in Companies (Accounts) Fourth Amendment Rules, 2022
On 5 August 2022, the Ministry of Corporate Affairs adopted the Companies (Accounts) Fourth Amendment Rules 2022, amending the data localisation requirements for “books of accounts” under Companies (Accounts) Rules 2014. In particular, the Amendment…
Scope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central government