Last updated: April 2026
1. Regulatory Compliance Overview
OVID Technologies Private Limited is committed to maintaining the
highest standards of regulatory compliance and adherence to
applicable laws and regulations. TyreSoftware is developed and
operated in full compliance with all relevant national and
international regulations governing software services, data
protection, and business operations.
Compliance Commitment
We continuously monitor regulatory changes and update our
practices to ensure compliance with the latest requirements and
industry best practices.
2. Data Protection and Privacy
2.1 Bharatiya Data Protection Act, 2023
TyreSoftware complies with the Bharatiya Data Protection Act, 2023,
India's comprehensive data protection legislation. We have
implemented:
-
Data Protection Impact Assessments (DPIA) for high-risk processing
activities
-
User consent management mechanisms for data collection and
processing
-
Data processing agreements with all third-party service providers
- Breach notification procedures within mandated timeframes
-
User rights fulfillment including access, correction, and deletion
requests
2.2 Information Technology Rules, 2021
As a software service provider, we comply with the Information
Technology (Intermediary Guidelines and Digital Ethics Code) Rules,
2021, including:
- Grievance redressal mechanism for user complaints
- Terms of Service and community guidelines
- Transparency in content handling and moderation
- User data protection and privacy safeguards
3. Tax and Financial Compliance
3.1 Goods and Services Tax (GST)
OVID Technologies Private Limited is registered under GST with
GSTIN: 37AACC07283NIZR. We maintain full compliance
with:
- Regular GST filing and payment obligations
- Accurate invoicing and documentation
- ITC maintenance and reconciliation
- Compliance with GST return filing deadlines
3.2 Income Tax and Corporate Compliance
We maintain full compliance with:
- Income tax filing requirements for the organization
-
TDS compliance on payments made to vendors and service providers
- Annual financial statements and audit requirements
- Corporate governance standards and statutory filings
4. Consumer Protection
TyreSoftware operates in full compliance with the Consumer
Protection Act, 2019, ensuring:
- Clear and transparent pricing without hidden charges
- Accurate product descriptions and feature representations
- Fair refund and dispute resolution policies
- Responsive grievance redressal within 30 days
- Protection against unfair or deceptive practices
5. Information Security Standards
Data Encryption
Industry-standard encryption for data in transit and at rest
Access Controls
Role-based access control and authentication mechanisms
Infrastructure Security
Secure cloud infrastructure with regular security audits
Backup and Recovery
Automated backups and disaster recovery procedures
6. Industry Standards and Best Practices
6.1 Software Development Standards
Our development practices follow industry standards including:
- Secure coding practices and code reviews
- Regular security testing and vulnerability assessments
- Dependency management and patching procedures
- Version control and change management
6.2 Service Availability and Performance
- 99.9% uptime commitment and monitoring
- Regular maintenance windows with advance notice
- Performance monitoring and optimization
- Incident response and resolution procedures
7. Business Continuity and Disaster Recovery
TyreSoftware maintains:
- Business continuity plans for operational resilience
- Disaster recovery procedures with regular testing
- Geographic redundancy for critical infrastructure
- Data backup and recovery mechanisms
- Incident response plan for security breaches
8. Intellectual Property Compliance
We maintain full compliance with intellectual property laws:
- Proprietary code and trade secrets protection
- Proper licensing of third-party software and libraries
- Trademark and brand usage compliance
- Copyright protection for original content and software
- Patent considerations in product development
9. Accessibility and Inclusivity
We are committed to providing accessible services:
-
Web accessibility standards (WCAG guidelines where applicable)
- Mobile accessibility for app users
- Responsive design for various devices and screen sizes
- Ongoing efforts to improve accessibility features
10. Third-Party Compliance
We ensure compliance through our partnerships:
- Vendor assessment and compliance verification
- Data processing agreements with service providers
- Regular compliance audits of third-party integrations
- Subprocessor management and notification
11. Compliance Oversight and Monitoring
11.1 Compliance Program
OVID Technologies maintains a comprehensive compliance program
including:
- Compliance officer responsible for monitoring adherence
- Regular compliance training for employees
- Internal audit procedures and controls
- Documentation and record-keeping
- Incident reporting and escalation procedures
11.2 Regular Audits and Assessments
We conduct regular:
- Internal compliance audits
- External security audits and penetration testing
- Data protection impact assessments
- Regulatory compliance reviews
12. Reporting and Contact
For compliance-related inquiries or concerns, please contact:
13. Policy Updates
This Compliance Policy is reviewed and updated regularly to reflect
changes in regulations and business practices. We are committed to
maintaining the highest compliance standards to protect our users
and operate ethically and legally.