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Update: Issue of notification to allow Work from Home for 50% employees of SEZ units

Update: Issue of notification to allow Work from Home for 50% employees of SEZ units

Public Policy
July 15, 2022 977 0

The Ministry of Commerce and Industry has issued Notification No. G.S.R 576(E) dated July 14, 2022 to notify amendments to SEZ Rules to enable long term hybrid work model or Work from Home (WFH) for units in Special Economic Zones...


Request for Inputs: Public Consultation on Pillar One : Progress Report on Amount A

Request for Inputs: Public Consultation on Pillar One : Progress Report on Amount A

Public Policy
July 12, 2022 180 0 images

The Organisation for Economic Cooperation and Development (OECD) has released a public consultation document on the progress report on Amount A of Pillar One. The Inclusive Framework recognises that it is important to balance the ...


GST Update - Circulars issued by CBIC pursuant to 47th GST Council meeting

GST Update - Circulars issued by CBIC pursuant to 47th GST Council meeting

Public Policy
July 11, 2022 403 0 images

The 47th GST Council meeting was held on June 28-29, 2022. To give effect to the decisions of the Council’s meeting, Central Board of Indirect Taxes and Customs (CBIC) has issued the following Circulars: Circular No 170/02/2022...


NASSCOM Feedback on the Proposed Amendments to the IT Rules 2021

NASSCOM Feedback on the Proposed Amendments to the IT Rules 2021

Public Policy
July 7, 2022 290 0 images

On July 6th, 2022, NASSCOM made a submission to the Ministry of Electronics and Information Technology (MEITY) in response to the call for inputs on the Proposed Amendments to the Information Technology (Intermediary Guidelines an...


Update: Reserve Bank of India’s Report on Benchmarking India’s Payment Systems

Update: Reserve Bank of India’s Report on Benchmarking India’s Payment Systems

Public Policy
July 7, 2022 371 0

  The Reserve Bank of India recently released its report on Benchmarking India’s Payment Systems (Report). The Report provides India’s comparative position vis-à-vis payments’ ecosystem globally i.e., for 21 countries incl...


Update: Clarification on exclusions from the definition of Virtual Digital Assets

Update: Clarification on exclusions from the definition of Virtual Digital Assets

Public Policy
July 6, 2022 205 0

Union Budget 2022 – 23 introduced tax @ 30% on income arising from transfer of Virtual Digital Assets (VDA) under S.115BBH of the Income-tax Act, 1961 (IT Act). For this, Finance Act, 2022 provided the definition of VDA under...


Department of Telecom - Guidelines for Captive Non-Public Network License

Department of Telecom - Guidelines for Captive Non-Public Network License

Public Policy
July 5, 2022 371 0

On 27th June 2022, the Department of Telecommunications (DOT) released a set of guidelines on the setting of captive non-public networks (CNPNs) in India. For context, a captive private network is a local area network where sp...


[Analysis] Parliamentary Standing Committee Report on E-commerce

[Analysis] Parliamentary Standing Committee Report on E-commerce

Public Policy
July 5, 2022 394 0

  Parliamentary Standing Committee Report on E-commerce Summary of NASSCOM’s recommendations included in the Report   The Department Related Parliamentary Standing Committee on Commerce recently released its ...


Update: Haryana Government approves Haryana Data Centre Policy, 2022

Update: Haryana Government approves Haryana Data Centre Policy, 2022

Public Policy
June 30, 2022 500 0

Based on news reports, the Haryana government has recently approved the Haryana Data Centre Policy (Policy). This is to make Haryana a preferred destination for setting up such facilities, and help the state emerge as a global dat...


Update: RBI releases ‘Report of the Regulations Review Authority 2.0’

Update: RBI releases ‘Report of the Regulations Review Authority 2.0’

Public Policy
June 30, 2022 220 0

Backdrop The Reserve Bank of India (RBI) had setup the Regulations Review Authority 2.0 (RRA 2.0) with the objective of reducing the compliance burden on regulated entities by streamlining the regulatory instructions and ...


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