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GST Update | AAR | Transportation facility provided by Company to employees in terms of employment contract is not taxable

GST Update | AAR | Transportation facility provided by Company to employees in terms of employment contract is not taxable

Public Policy
March 26, 2021 154 0 images

The Authority for Advance Ruling (AAR), Uttar Pradesh in the case of North Shore Technologies Private Limited (Applicant) recently ruled that providing subsidised shared transport facility by the applicant to its employe...


Representation on Facilitating Compliance with RBI Guidelines on Payment Aggregators and Payment Gateways

Representation on Facilitating Compliance with RBI Guidelines on Payment Aggregators and Payment Gateways

Public Policy
March 25, 2021 321 1

In March 2020, the Reserve Bank of India (RBI) released the Guidelines on Regulation of Payment Aggregators and Payment Gateways (PA/PG Guidelines), which created a regulatory framework for the operation of payment aggregators (PA...


NASSCOM’s Recommendations on SEBI’s Consultation Paper on Introduction of Concept of “Accredited Investors” in Indian Securities Market

NASSCOM’s Recommendations on SEBI’s Consultation Paper on Introduction of Concept of “Accredited Investors” in Indian Securities Market

Public Policy
March 22, 2021 28 0 images

On 18 March 2021, NASSCOM provided its suggestions to Securities and Exchange Board of India (SEBI) on their Consultation Paper on Introduction of Concept of “Accredited Investors” in Indian Securities Market. ...


Important Update: Compliance with TCCCPR 2018

Important Update: Compliance with TCCCPR 2018

Public Policy
March 22, 2021 173 0 images

Dear Members, NASSCOM has received the enclosed communication from TRAI regarding compliance with the Telecom Communications Customer Preference Regulations (TCCCPR), 2018.  As you may be aware, the Telecom Regulator in Ju...


Update: Summary of 26th report of the Standing Committee on Finance

Update: Summary of 26th report of the Standing Committee on Finance

Public Policy
March 22, 2021 19 0 images

The 26th Standing Committee on Finance tabled its report on March 16, 2021 before the Parliament. The Committee in its report, has acknowledged that the COVID-19 pandemic has severely hit GST collections and therefore...


DPIIT: Submission highlighting policy reforms to promote start-ups in India

DPIIT: Submission highlighting policy reforms to promote start-ups in India

Public Policy
March 19, 2021 132 0

India continues to be the world’s third largest technology startup ecosystem, with more than 1600 new startups added in 2020. The Indian start-up ecosystem faced the crucible of COVID-19 in 2020 and emerged more robust, adding the...


Submission requesting for extension of upfront exemption from IGST on import of capital goods by STPI and EOU

Submission requesting for extension of upfront exemption from IGST on import of capital goods by STPI and EOU

Public Policy
March 19, 2021 42 0

The Information Technology (IT) sector has greatly benefitted from Software Technology Parks of India (STPI) and Export Oriented Units (EOUs) schemes introduced by the Government of India. The schemes, governed by Foreign Trade Po...


NASSCOM survey on the impact of the new Haryana State Reservation Law March 2021

NASSCOM survey on the impact of the new Haryana State Reservation Law March 2021

Public Policy
March 15, 2021 260 1 images

NASSCOM recently conducted a survey to assess the impact of the New Haryana State Employment of Local Candidates Act, 2020. A total of 73 companies participated in the Survey and they have over 144,000 employees in Haryana. Overal...


Blog

DGFT: Submission for review of Global Authorisation for Intra-Company Transfer (GAICT) scheme

Public Policy
March 11, 2021 164 0

On 10 March 2021, NASSCOM submitted a representation to DGFT, to submit suggestions received by the industry for review of the Global Authorisation for Intra-Company Transfer (GAICT) scheme. The representation refers to Public Not...


Blog

DPIIT: Suggestions for creating an enabling e-commerce ecosystem

Public Policy
March 11, 2021 137 0

On 09 march 2021, NASSCOM submitted a set of suggestions to the Department of Promotion of Industry and Internal Trade (DPIIT), the nodal government department for the e-commerce industry, asking for government intervention in var...


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