Finance Ministry Brings Key Payment Law Amendments into Force from 9th May 2025

Last updated: 07 May 2025

The Ministry of Finance has officially notified that Sections 152 and 153 of the Finance Act, 2017, which amend the Payment and Settlement Systems Act, 2007, will come into force from May 9, 2025. The announcement was made via Notification S.O. 2031(E), dated May 6, 2025, issued by the Department of

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