THE JAN VISHWAS (AMENDMENT OF PROVISIONS) BILL, 2025

What does this law do?

This law amends various existing laws to reduce criminal penalties for certain offenses, replacing them with fines or warnings, and updates penalty amounts to be reviewed every three years.

Who it affects

Businesses and individuals who may face penalties under the amended laws, including non-banking financial companies, tea industry operators, and others covered by the specific enactments listed in the schedule.

Key provisions

• Amends the Reserve Bank of India Act, 1934 to replace 'penalties' with 'offences' and remove certain sections.
• Increases fines and penalties by 10% every three years after the law's commencement.
• Replaces criminal penalties with warnings for first-time offenses in some cases.
• Creates new sections for adjudicating penalties and appeals in several acts.
• Updates references to the Bharatiya Nagarik Suraksha Sanhita, 2023 in the Delhi Municipal Corporation Act, 1957.

Points worth noting

• This is not a Constitutional amendment.
• The law repeals specific sections of various acts as listed in the schedule.
• It creates new bodies for adjudicating penalties and appeals.
• It specifies that penalties will be reviewed and increased every three years.