The Safe Act 2024 India. Safe is a type of deferred equity legal contract that entitles investors to receive a company’s equity securities contingent upon certain events such as. According to union it minister rajeev chandrasekhar, the government is reviewing the safe harbour clause in the information and technology act 2000 which.
The central board of direct taxes (cbdt) vide notification 1 dated 19 december 2023 has sought to amend the safe harbour rules, specifically rule 10ta. Stakeholders participating in the first consultation of the digital india bill suggested that the government retain the safe harbour provision in the current information technology act, 2000.