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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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Online Policy Roundtable on Data Empowerment and Protection Architecture

Public Policy
October 20, 2020 332 0

NASSCOM interacted with the industry during an online policy roundtable organized by NASSCOM on 16 October 2020, to discuss NITI Aayog’s draft discussion paper on Data Empowerment and Protection Architecture (DEPA). The roundtable...


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Seeking Inputs: Amendments to Copyright Act: Deadline Extended

Public Policy
October 15, 2020 1236 0

Dear Members,As you must be aware, the current Indian Copyright Act was passed in year 1957, with an objective to provide a legal framework to protect the rights of the creators of the Copyright work. Subsequently, several amendme...


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Member Consultation: OECD’s Report on Pillar One Blueprint and Pillar Two blueprint to address tax challenges arising from digitalisation

Public Policy
October 15, 2020 353 0

OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) has been working to develop a consensus based solution to address tax challenges arising out of digitalisation of the economy. In this regard, the Inclusive Framework has ...


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Ban on usage of Diesel Generators : Representation to State Governments

Public Policy
October 14, 2020 1313 0

The Environment Pollution (Prevention & Control) Authority (EPCA) has directed the State/UT Governments in the National Capital Region (NCR) to implement measures under the “Very Poor” and “Severe Category” of the Graded Respo...


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Submission to MoF requesting for extension of due dates for filing income tax returns and audits reports by companies for Financial Year 2019-20

Public Policy
October 12, 2020 1336 0

The due date for filing of income tax return for companies for Financial Year (FY) 2019-20 was extended to November 30, 2020. Furthermore, the due date for filing audit reports (such as tax audit report, transfer pricing audit rep...


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Submission to SEBI on review of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Public Policy
October 9, 2020 460 0 images

In September 2020, Securities and Exchange Board of India (SEBI) had recently released a consultation paper to solicit public comments on proposed amendments to the SEBI (Listing Obligations and Disclosure Requirements) Regulation...


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