The Indian government plans to change rules on SIM card purchases and sales from January 1, 2024, to combat online fraud and spam. A person who does not follow the new rules can be jailed for 3 years.
The Indian government is reportedly changing SIM card buying and sale laws. After seeing increased spam, frauds, and online fraud in 2023, the decision was made. The SIM card purchase process will change significantly on January 1, 2024, under the new regulation.
New measure to prevent online fraud
Online fraud and scams have increased in India alongside smartphone use. These challenges are being addressed decisively by the government.
Legal penalties for fake SIMs
Under the new Telecommunication Bill, fake SIM card buyers will be sent to jail for 3 years and ordered to pay Rs 50 lakh in fines.
Must provide biometrics for verification
Every SIM card buyer must provide biometric data to telecom firms. The incorporation of biometric information protects fraudulent SIM card transactions and assures stern punishment.
Digital KYC
Indian SIM cards would only be available through digital KYC from January 1, 2024. This change will improve SIM card verification and reduce unauthorized transactions.
System overhaul for verification
SIM vendors must be verified under the new rules. From next year, only commercial users can purchase bulk SIM cards.
Registration required for telecom franchisees
Telecom franchisees, point-of-sale agents, and SIM distributors must register. Dealers who violate the new telecom standards may be fined up to Rs 10 lakh.
Conclusion
After a rise in spam, scams, and online fraud in 2023, India will change SIM card purchasing and selling limitations on January 1, 2024. The new rules include strict penalties for bogus SIMs, biometric data verification, and digital KYC. Telecom franchisees, point-of-sale agents, and distributors must register, and bulk SIM card distribution will be limited to commercial use. Noncompliance can result in Rs 10 lakh penalty.
