A range of changes that will affect people’s everyday lives around the country will go into effect at the start of December. These changes, which include the opportunity to acquire SIM cards and visa-free entry into Malaysia, will make life easier and more secure for the country’s inhabitants.
Another important transition is going to occur that will have an influence on your digital life. Those who have unused Gmail accounts will be severely affected since Google has announced that those accounts will be deleted.
Big Changes Starting From December 1, 2023
- Purchase Of A SIM card Requires Verification
To combat fraud and scams, the Department of Telecommunications (DoT) will implement new laws for obtaining and selling SIM cards on December 1. Under the new laws, all SIM card dealers will be compelled to submit to verification. Noncompliance might result in a fine of Rs 10 lakh. The national government is also tightening the rules for acquiring SIM cards in bulk. The laws regulating an existing individual connection will not change; only business connections will be authorized to do so.
- Change in G20 Presidency
Brazil will lead the Group of 20 (G20) countries on December 1, 2023. Brazil’s President Luiz Inacio Lula da Silva took over as Prime Minister in September, succeeding Prime Minister Narendra Modi. The G20 will be held in Brazil in 2024, and South Africa in 2025.
- Changes to the IPO Timeline
The Securities and Exchange Board of India (SEBI) has reduced the listing period for initial public offerings (IPOs) from T+6 days to T+3 days. The new restrictions have slashed in half the previous six-day deadline for listing shares on stock exchanges following the close of initial public offers (IPOs).
- Visa-free entry for Indians in Malaysia
Prime Minister Anwar Ibrahim declared that Indians and Chinese nationals will be able to enter the country for 30 days without a visa. He stated that this would be submitted to security screening. The decision is likely to increase tourism in Malaysia, which is relying on more visitors to maintain economic development.
- Gmail Inactive Accounts will be Deleted
Google has stated that the inactivity period for a Google account will now be two years for all of its goods and services. The firm alerted every user of the change via email. The move will affect all Google accounts that have not been used or accessed for at least two years as of December 1st.