Legal Validity of NFTs in India

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By  Online Legal India

Published on  13 Feb 2023

Category  Legal

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The idea behind NFTs is to generate scarcity and shortage in the seemingly unlimited supply of virtual commodities. As a result, NFTs promise to develop a one-of-a-kind "digital original" that can be unambiguously identified to the particular owner.

Impact of The New Labour Codes in India

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By  Online Legal India

Published on  08 Feb 2023

Category  Legal

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The new labour code came into effect in July 2022, affecting employees' working hours, salary restructuring, and PF contributions. According to an official source, at least 13 Indian states have pre-published draughts of the new wage law for 2022.

Details About The Legal Entity Identifiers in Cryptocurrency in India

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By  Online Legal India

Published on  06 Feb 2023

Category  Legal

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Cryptography protects cryptocurrency, a digital or virtual currency that is almost hard to fake or double-spend. One distinctive feature of money is that the government or any other central body does not issue it.

New FinTech Laws Governing Various FinTech Companies in India

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By  Online Legal India

Published on  06 Feb 2023

Category  Legal

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In India, the FinTech regulatory structure is significantly fragmented, with no one body of rules or norms governing all FinTech services. As a result, this industry is tough to control since there is no common set of FinTech legislation.

How Can You Obtain an Explosives License for Selling Fireworks?

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By  Online Legal India

Published on  04 Feb 2023

Category  Legal

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In India, fireworks are required for every occasion, not just Diwali. The Explosives Rules, 2008 govern the sale of fireworks, which are considered low-level explosives. These stores need an explosives license approved by the government to sell fireworks.