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NASSCOM feedback on the Discussion Paper on Indian AI stack

Public Policy
November 3, 2020 417 0 images

On 2nd September 2020, the AI Standardisation Committee published the Discussion Paper on the Framework of an Indian AI stack for public consultation. The paper proposes a stack that seeks to remove the impediments to AI deploymen...


Blog

NASSCOM’s response to TRAI Consultation Paper Enabling Unbundling of Different Layers Through Differential Licensing

Public Policy
November 2, 2020 336 0 images

NASSCOM submitted its response to the consultation paper issued by Telecom Regulatory Authority of India (TRAI) on October 30, 2020 on unbundling of differential layer through differential licensing. In our response, we have recom...


Blog

Data Protection: Impact of Recent Developments on the Future of EU-India Digital Trade  

Public Policy
October 30, 2020 438 0

Earlier in July 2020, the Court of Justice of the European Union (CJEU’s) in the case of Data Protection Commissioner v Facebook Ireland Ltd, Maximilian Schrems (Schrems-II) invalidated the US-EU Privacy Shield, and led to wide-re...


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Policy Update: IFSCA releases Framework for Regulatory Sandbox

Public Policy
October 30, 2020 402 0 images

ContextOn 19 October, the International Financial Services Centres Authority (IFSCA) released a Framework for Regulatory Sandbox. Under this framework, entities operating in the capital market, banking, insurance and financial ser...


Blog

Seeking Inputs: Draft Industrial Relations Code (Central) Rules, 2020

Public Policy
October 30, 2020 956 0 images

Dear Members,The Ministry of labour and employment has published the Draft Industrial Relations Code Rules, 2020 (“The Rules”) for stakeholders feedback. The Code on Industrial Relations 2020 (“The Code”) have already been passed ...


Blog

Indian AI stack : Industry interaction with the AI Standardisation Committee

Public Policy
October 30, 2020 267 0

The Department of Telecommunications, in Sep 2019, formed the AI Standardisation Committee for framing standards for Artificial Intelligence (AI) and developing Indian stack for AI.In line with this mandate, the Committee publishe...


Blog

Union Budget 2021-22: Industry consultations

Public Policy
October 30, 2020 547 0 images

The Union Budget 2021-22 consultations by the Ministry of Finance are round the corner.  In this backdrop, NASSCOM, in partnership with Deloitte India as Knowledge Partner,  organized 2 Video Conferencing (VC) meetings (on October...


Blog

Update: Patent (Amendment) Rules, 2020

Public Policy
October 28, 2020 646 0 images

The Department for Promotion of Industry and Internal Trade (DPIIT) vide notification No. G.S.R. 652(E) dated 19.10.2020 has published the Patent (Amendment) Rules, 2020 (“The Rules”).  The Government had last year published the d...


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Update: Extension of due date for furnishing Income Tax Returns and Audit Reports and GST Annual Returns

Public Policy
October 26, 2020 649 0

In view of the difficulties faced by the taxpayers in adhering to deadlines for compliance under the Income Tax Act and GST Act, Ministry of Finance (MoF) has extended the due dates of various compliances. Last week, NASSCOM made ...


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SEBI: Submission highlighting challenges in complying with disclosure requirements in case of initiation of forensic audit on listed companies

Public Policy
October 22, 2020 1887 0

As you may be aware, Securities and Exchange Board of India (SEBI) recently issued Press Release No. 52/2020 dated September 29, 2020, which requires listed companies to make disclosure to stock exchanges of forensic audits withou...


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