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Action by FEDAI on concerns regarding delays by banks in reconciling export documents

Action by FEDAI on concerns regarding delays by banks in reconciling export documents

Public Policy
April 14, 2023 349 0

The Foreign Exchange Dealers Association of India (FEDAI) has taken an important step towards improving the ease of doing business for exporters in India. In response to a request from nasscom, FEDAI has advised banks to ...


Reserve Bank of India’s Master Directions on Outsourcing of IT Services

Reserve Bank of India’s Master Directions on Outsourcing of IT Services

Public Policy
April 11, 2023 600 0 images

  On April 10, 2023, the Reserve Bank of India (RBI) notified Master Directions on Outsourcing of Information Technology Services (Master Directions). Background In June 2022, RBI had released draft Master Directions...


Amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules) in relation to online gaming, fake news and grievance redressal

Amendments to the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021 (IT Rules) in relation to online gaming, fake news and grievance redressal

Public Policy
April 11, 2023 519 0 images

On April 6, 2023, the Ministry of Electronics and Information Technology (MEITY) notified amendments to the IT Rules in relation to the regulation of online gaming, fake news and grievance redressal. Background In January 20...


NASSCOM Public Policy, Vol 4, Issue 4, April 2023

NASSCOM Public Policy, Vol 4, Issue 4, April 2023

Monthly Newsletters Public Policy
April 7, 2023 298 0

Click here if you are unable to view this mailer properly.   ...


Feedback on TRAI Consultation Paper on Convergence of Carriage of Broadcasting and Telecommunication Services

Feedback on TRAI Consultation Paper on Convergence of Carriage of Broadcasting and Telecommunication Services

Public Policy
April 4, 2023 503 0 images

In January 2023, the Telecom Regulatory Authority of India (TRAI) released a Consultation Paper on “Regulating Converged Digital Technologies and Services – Enabling Convergence of Carriage of Broadcasting and Telecommun...


Parliament approves Competition Amendment Bill, 2023

Parliament approves Competition Amendment Bill, 2023

Public Policy
April 4, 2023 564 0

While on one hand, the Committee on Digital Competition Law is examining the need for an ex-ante competition law in India, the Competition Amendment Bill, 2023 (2023 Bill) was passed both by the Lok Sabha and Rajya Sabha. The amen...


Foreign Trade Policy 2023 released

Foreign Trade Policy 2023 released

Public Policy
April 3, 2023 380 0 images

The Foreign Trade Policy, 2023 (FTP 2023) was launched by the Ministry of Commerce and Industry. FTP 2023 came into force from April 1, 2023 and succeeds the Foreign Trade Policy 2015. Here is a snapshot of important announceme...


CBIC: Deferment of implementation date of Circular No. 08/2023 providing for identification of products/equipment prescribed in tariff item 85176290 and 85176990

CBIC: Deferment of implementation date of Circular No. 08/2023 providing for identification of products/equipment prescribed in tariff item 85176290 and 85176990

Public Policy
April 3, 2023 454 0

We have made a representation to Central Board of Indirect Taxes and Customs (CBIC) highlighting issues being faced by the industry in complying with Circular No. 08/2023 dated March 13, 2023 (Circular), which is effective from Ap...


Update: Partial relaxation for electronic filing of form 10F by certain non-residents

Update: Partial relaxation for electronic filing of form 10F by certain non-residents

Public Policy
March 30, 2023 367 0 images

The Ministry of Finance (MoF) issued a notification to extend exemption to Non-Resident (NR) taxpayers who do not have a Permanent Account Number (PAN) and are not required to have PAN in India as per tax provisions from mandatory...


Request for reiteration of exemption available to Export-Oriented Units from Extended Producer Responsibility obligations

Request for reiteration of exemption available to Export-Oriented Units from Extended Producer Responsibility obligations

Public Policy
March 28, 2023 469 0

As you may be aware, Plastic Waste management (Amendment) Rules, 2022 (amended rules) were introduced by the government to curb the use of single-use plastic. These apply to import of plastic packaging products as end products, as...


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