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Request for proposals for Pre-Budget Memorandum 2020-21

Based on inputs received from members for Union Budget 2019-20, we have been able to highlight and address some of the major concern areas of IT-BPM industry. Copy of our last year’s Pre-Budget Memorandum submitted is attached for your reference.

It’s again time to give you a heads-up for pre-budget engagements for the year 2020-21. In this regard, we have started the process of preparing NASSCOM’s Pre-Budget Memorandum 2020-21 (PBM) to be submitted to Ministry of Finance. Based on our last year’s submission, we plan to structure this year’s PBM with the theme to sustain global competitiveness of Indian IT-BPM sector. The major heads of the documents are as follows:

  1. Exports promotion
  2. Incentivizing R&D in India
  3. Incentivizing talent and skilling
  4. Measures to support Startups and MSMEs
  5. Encouraging investment in E-waste management
  6. Measures to promote emerging technologies
  7. Ease of Doing Business

As far as indirect taxes are concerned, we also plan to submit an updated memorandum to highlight issues faced by our industry under Goods & Services Tax Act (GST). Copy of GST memorandum submitted in July 2019 is attached for your reference.

For this, you are requested to provide your inputs/ suggestions in the attached format at the earliest before 30th September, 2019 to tejasvi@nasscom.in

We look forward to your inputs.


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