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Company Rules Update: Companies incorporated before 31 December 2017 to file e-form ACTIVE

Public Policy
February 22, 2019 895 0 images

In another attempt to identify shell companies, the Ministry of Corporate Affairs, vide issue of notification dated February 21, 2019, has notified Companies (Incorporation) Amendment Rules, 2019 (“new rules”). The new rules are e...


Blog

Extension of last date for filing initial return in MSME Form I

Public Policy
February 22, 2019 1984 0 images

Ministry of Corporate Affairs (MCA), vide issue of notification on January 22, 2019, had directed every specified to file details in MSME Form I of outstanding dues to Micro or small enterprises suppliers existing on date of notif...


Blog

DPIIT notifies new definition for startups and conditions for claiming exemption for the purpose of Section 56(2)(viib) of the Income Tax Act, 1961

Public Policy
February 20, 2019 7358 0

NASSCOM Policy Brief19.02.19DIPP notification dated February 19, 2019Exemption for the purpose of Section 56(2)(viib) of the Income Tax Act, 1961In order to catalyze entrepreneurship by enabling angel investments into startups, a ...


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Company Rules Update: Amendment to Company (Significant Beneficial Ownership) Rules, 2018

Public Policy
February 15, 2019 1067 0 images

The Ministry of Corporate Affairs, vide issue of notification dated February 8, 2019 has notified Companies (Significant Beneficial Ownership) Amendment Rules 2019 replacing provisions of Companies (Significant Beneficial Owners) ...


Blog

Format for annual secretarial audit report and annual secretarial compliance report for listed entities and their material subsidiaries

Public Policy
February 12, 2019 3259 0 images

The Securities Exchange Board of India (SEBI) has issued circular no CIR/CFD/CMD1/27/2019 dated February 8, 2019 amending regulation 24A of SEBI  (Listing  Obligations  and  Disclosure  Requirements) Regulations, 2015. As per the ...


Blog

Analysis of DU Photocopy Case from an International Intellectual Property Law Perspective

Public Policy
February 7, 2019 3326 0 images

Recently, I had the opportunity to present my research in International Intellectual Property (IP) Law at the 4th Asian IP Works-In-Progress Conference organized by Applied Research Centre for Intellectual Assets and the Law in As...


Blog

Budgeting For Inclusive Growth

Public Policy
February 5, 2019 747 0

The session in parliament was boisterous; nevertheless, the budget was largely on expected lines, True to its timing it had something for everyone – particularly, the farmers, indigent section, SMEs and also the middle-class...


Blog

Issue of notification by CBDT to give effect to DIPP notification dated January 16, 2019

Public Policy
February 5, 2019 935 0

The Central Board of Direct Taxes (CBDT) has issued notification no S.O 584(E) dated January 31, 2019 to give effect to  DIPP notification dated January 16, 2019 stating the revised approval mechanism for the purpose of clause (vi...


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Interim Budget 2019 – Key takeaways for the IT sector

Public Policy
February 4, 2019 1262 0 images

The Interim Budget for the financial year 2019- 20 was presented in the Parliament on 1st February 2019. Since it was an interim budget no significant policy announcements were expected. From the IT sector perspective, the focus o...


Blog

NASSCOM-DSCI Feedback on the Draft Information Technology [Intermediary Guidelines (Amendment)] Rules, 2018

Public Policy
February 1, 2019 6138 0 images

NASSCOM has submitted its feedback to the Ministry of Electronics and Information Technology (MeitY) in response to its invitation dated December 24, 2018. Earlier we released a policy brief raising some discussion points on the p...


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