New Regulations in 2023: The Indian government is getting ready to implement some new regulations in 2023. According to the information that is currently available, there are some significant projects that could significantly improve the future.
In this case, the government would fully implement these projects. It has been better prepared and will be put into effect on January 1, 2023. As of January 1, 2023, new rules in the banking, technology, agricultural, and commercial sectors will be in effect. The news could end up being very significant.
New Mobile IMEI regulation
The IMEI number of each handset made in India must be registered on the Indian Counterfeit Device Restriction portal by all of its mobile phone companies. In addition, imported devices like the most expensive iPhone and Samsung Galaxy models will be subject to this ban.
New TV channel regulations
A new rule is about to be launched for the channels as well, in which TV channels will have to transmit half an hour each day. The majority of the TV channels produced in India currently present things to the people at their own discretion. The central government’s new policy is called “deshhit content.”
New GST Rules
The government has established new regulations for dealers whose annual revenue exceeds Rs 5 crore, in which case they must create an E Invoice. Its previous cap was Rs 20 crore, however starting on January 1 it will be modified.
New Credit Card Rules
There will be modifications to HDFC’s reward points policies starting on January 1, 2023 as a result of the new guidelines that will be announced. In this circumstance, SBI Bank has lowered the merchant fee to Rs 0.