Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 On December 20, 2025, the President of India gave assent to the Sabka Bima Sabki Raksha Act, 2025, amending the Insurance Act, 1938, LIC Act, 1956, and IRDAI Act, 1999. The Act addresses India’s low insurance penetration of 4% of GDP and aims to diversify the reinsurance market. Major Provision Details Foreign Investment & Capital The FDI limit in Indian insurance companies is
Immigration and Foreigners Act, 2025 On 1st September 2025, the Immigration and Foreigners Act, 2025 came into effect. The Act replaces four older laws: the Passport (Entry into India) Act, 1920; Registration of Foreigners Act, 1939; Foreigners Act, 1946; and Immigration (Carriers’ Liability) Act, 2000. Key Provision Details Valid Document All entrants must carry a valid passport or travel document and, in the case of foreigners, a valid visa u
The National Sports Governance Act, 2025 Enacted in late 2025, the National Sports Governance Act provides a comprehensive statutory framework for regulating India’s sports bodies. It replaces earlier ad-hoc guidelines with a formal legal regime aimed at professionalizing sports administration and aligning India with global sports standards. Key Provision Details Unified Framework Replaces ad-hoc guidelines with a statutory framework for all Na
National Anti-Doping (Amendment) Act, 2025 The National Anti-Doping (Amendment) Act, 2025 was enacted to ensure India’s anti-doping regime fully complies with the World Anti-Doping Agency (WADA) standards. It amends the 2022 Act to ensure a transparent, independent, and globally compliant anti-doping regime. Key Provision Details Operational Independence Grants the National Anti-Doping Agency (NADA) autonomy from government and sports bodies, p
Disaster Management (Amendment) Act, 2025 The Disaster Management (Amendment) Act, 2025 modernizes India’s framework to address rapid urbanization and technological shifts. It introduces a stronger institutional framework to establish Urban Disaster Management Authorities (UDMAs) in state capitals and major cities to manage city-specific risks such as urban flooding and heatwaves. Key Provision Details Technological Integration Mandates a Natio
Bills of Lading Act, 2025 On July 24, 2025, the President gave assent to the Bills of Lading Act, 2025, replacing the colonial-era 1856 law. The Act aims to modernize the legal framework for maritime documents, aligning India with global international trade standards. Key Provision Details Understanding Bill of Lading A Bill of Lading is a mandatory document issued by a carrier to a shipper. It serves three core functions: receipt of goods, contract
Acts to Modernize India’s Maritime Sector In August 2025, the President of India gave assent to three landmark Acts to overhaul colonial-era regulations and modernize the maritime legal framework. Act Key Features Carriage of Goods by Sea Act, 2025 • International Alignment: Replaces the century-old 1925 Act by adopting internationally recognized Hague-Visby Rules, aligning India with global shipping standards. • Legal Clarit
The Banking Laws (Amendment) Act, 2025 The Banking Laws (Amendment) Act, 2025 introduces reforms in banking operations, nomination rules, cooperative bank tenure, reporting standards, and investor education mechanisms. Key Provision Details Substantial Interest Hike Raises the threshold for defining substantial interest in a bank from Rs. 5 lakh to Rs. 2 crore. Nomination Reform Introduces flexible and multiple nomination facilities f
The Central Excise (Amendment) Act, 2025 The Central Excise (Amendment) Act, 2025 significantly increases excise duties on cigarettes, chewing tobacco, and smoking mixtures. It creates a new structure to maintain revenue once GST compensation cess expires in 2026. Key Provision Details Tobacco Duty Revision Significantly increases excise duties on cigarettes, chewing tobacco, and smoking mixtures. GST Compensation Offset Aims to maint
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