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Cabinet approval: Firms free to store, process personal data overseas


Social media companies will be required to come up with a mechanism to track users on their platform who are willing to be identified on voluntary basis.

Sources said that companies may face a penalty of up to Rs 15 crore or 4% of global turnover for major violations under the proposed personal data protection law.

In a major concession to overseas players, the Union Cabinet on Wednesday, while approving the Personal Data Protection Bill, dropped the clause that required storing a mirror copy of all personal data within the country. Once the Bill is approved by the Parliament — it ...


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