The Jan Vishwas (Amendment of Provisions) Act, 2023: changes in the realm of Intellectual Property laws.
The Jan Vishwas (Amendment of Provisions) Act, 2023 aims to decriminalize and rationalize various offences in different legislative enactments to foster trust-based governance and improve the ease of living and doing business in India. It introduces a structured revision of fines and penalties, increasing them by 10% every three years, and modifies specific sections across multiple laws to align with updated governance expectations. The Act's implementation reinforces the governmental commitment to creating a less punitive regulatory environment while maintaining the necessary accountability. The Jan Vishwas (Amendment of Provisions) Act, 2023 decriminalizes and amends various provisions across different Intellectual Property Rights (IPR) legislations. Specifically, amendments regarding patents, trademarks, geographical indications, and copyright laws are being implemented through notifications issued by the Ministry of Commerce and Industry on July 26 and July 29, 2024 which wil...