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:
- Exports promotion
- Incentivizing R&D in India
- Incentivizing talent and skilling
- Measures to support Startups and MSMEs
- Encouraging investment in E-waste management
- Measures to promote emerging technologies
- 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 firstname.lastname@example.org
We look forward to your inputs.