Google, Facebook will have to pay 4% of global revenue if it violates new data protection rules
Data players such as Google and Facebook will have to pay a penalty of ₹15 crore rupees or four per cent of the total worldwide turnover of the preceding financial year, whichever is higher if found in violation of the new data protection rules.
“It shall be liable to a penalty which may extend to fifteen crore rupees or four per cent of its total worldwide turnover of the preceding financial year, whichever is higher,” states the proposed Personal Data Protection Bill 2019.
For the purpose of adjudging the penalties, the proposed Data Protection Authority shall appoint Adjudicating Officers.