11 search results for "committee"

Policy Brief: Highlights of the Steering Committee’s Report on Fintech Related Issues

Context On 2 September 2019, a Steering Committee headed by Secretary, Department of Economic Affairs (DEA), Ministry of Finance submitted its final report on fintech related issues to the Finance and Corporate Affairs Minister Nirmala Sitharaman. The committee has  recommended setting up of a taskforce on data protection in the financial sector, an inter-ministerial steering committee on fintech ...

Committee Report on New Direct Tax Code

On August 19, 2019, task force headed by Akhilesh Ranjan, Member, Central Board of Direct Taxes (CBDT) submitted its report to Finance Minister Nirmala Sitharaman. This is a significant development as the report seeks to replace 57-year old Income Tax Act, 1961 which has undergone innumerable incremental changes over time. The report has not yet been released in public. Based on our primary resear...

Policy Brief: Highlights of the inter-ministerial committee’s report on virtual currencies

Context On 2 November 2017, a high-level inter-ministerial committee headed by the then economic affairs secretary Subhash Chandra Garg was set up to study the issues related to virtual currencies and propose specific action to be taken in this matter. The mandate of the Committee included an examination of the policy and legal framework for the regulation of virtual currencies. The members of the...

UK Policy Update: Foreign Affairs Committee report on UK-India Relations

The UK Foreign Affairs Committee (FAC) recently published a report titled Building Bridges: Reawakening UK-India ties, following their “Global Britain” inquiry, to which NASSCOM submitted written evidence in September 2018. The report is very positive about the UK-India relationship and makes a number of recommendations on skills, migration and trade policy. Specifically, the report recommends tha...

Government of Telangana Mandates Registration of Internal Complaints Committee (ICC) setup under POSH Act

The Department of Women Development and Child Welfare of Government of Telangana has recently launched a Web-Portal to provide a single window access to women employees to register their complaint against Sexual Harassment at Workplace.  The POSH (Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, requires establishments with more than or equal to 10 employe...

Policy Brief: Highlights of the U. K. Sinha led expert committee report on Micro, Small and Medium Enterprises

Highlights of the U. K. Sinha led expert committee report on Micro, Small and Medium Enterprises 03.07.2019 Context In January, the Reserve Bank of India constituted an eight-member expert committee on micro, small and medium enterprises (MSMEs) headed by former SEBI chairman U.K. Sinha to undertake a comprehensive review of the sector and to propose long-term solutions for its economic and financ...

Policy Brief: Highlights of the High Level Committee report on Deepening Digital Payments

Highlights of the High Level Committee report on Deepening Digital Payments 25.06.2019 Context In January, the RBI had constituted a high-level committee headed by Aadhaar architect Nandan Nilekani to set up a robust digital payments ecosystem in the country. The expert panel, which was asked to recommend a medium-term strategy for deepening digital payments, and measures to strengthen safety and ...

GST: Policy and Technical Working Groups formed to examine Generation of Invoices on GST Portal

In continuation of the member Consultation on Generation of Electronic Invoice on GST Portal, NASSCOM along with few member companies met GST officials dealing with the proposed “generation of electronic invoice through GST portal”.  We discussed the process for generation of e-invoices in detail with an intent to ensure that the final mechanism causes minimum disruption, is implementable and is r...

114th Report of the Parliamentary standing committee on exports – GST

Please find attached the Report of the Parliamentary Standing Committee on Exports covering the impact of GST on exports. You would recall that NASSCOM had represented to the committee in November 2017 highlighting key issues of the technology industry. Some of the observations of the committee are welcome and we will continue to engage with them for further deliberations and consultations.   This...

UK – Immigration Report by the Home Affairs Committee: Key messages and Implications

Overview and Implications – On 15th January 2018, the UK Home Affairs Select Committee published its Immigration Report, titled “Immigration policy: basis for building consensus” (full report here). This is a positive news for the Indian IT Industry – the report captures several recommendations in sync with NASSCOM’s position on post-Brexit immigration policy; including favourable treatment for sk...

Data Protection Committee-Stakeholder Consultation

Instructions Extract all files from attached ‘Consultation.rar’ to one folder. Keep the presentation in the same folder. Then open the presentation. Follow the instructions mentioned in the presentation.