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NASSCOM: Union Budget 2021-22: Industry consultations

Public Policy
October 1, 2020 283 0

The Union Budget 2021-22 consultations by the Ministry of Finance are round the corner. Basis the feedback received, we have prioritized the key issues to be raised to the Government along with the associated recommendations for t...


Blog

GST Updates relating to e-invoicing and extension in due date for filing annual return for 2018-19

Public Policy
October 1, 2020 1094 0 images

Changes relating to E-Invoicing: One-time relaxation in implementation of E-Invoicing – In view of the fact that some taxpayers have still not been able to implement e-invoicing in their ERPs, government has decided that inv...


Blog

NASSCOM's Representation to RBI to defer and review the implementation of Circular on ‘Enhancing Security of Card Transactions’

Public Policy
September 30, 2020 483 0

ContextOn 15 January 2020, the Reserve Bank of India (RBI) issued a circular on ‘Enhancing Security of Card Transactions’ (Circular). The circular mandates card issuers to: (a) issue cards which are enabled only for use at contact...


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MCA update: Companies permitted to do virtual board meetings till December 31, 2020

Public Policy
September 30, 2020 888 0 images

In a step to enable health safety and business continuity, Ministry of Corporate Affairs (MCA) has now permitted companies to conduct virtual Board meetings for approval of annual financial statements, Board reports etc. This rela...


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Webinar on e-invoicing under GST organised by DGTS CBIC

Public Policy
September 29, 2020 540 0

The GST Council, in its 39th Meeting held on March 14, 2020, decided to implement the new e-invoicing requirement on October 1, 2020. In this regard, Central Board of Indirect Taxes and Customs (CBIC) recently released the FAQs an...


Blog

Haryana Enterprises and Employment Policy, 2020: Interaction with the Chief Minister of Haryana

Public Policy
September 28, 2020 567 0 images

The Govt of Haryana has released the draft Haryana Enterprises and Employment Policy, 2020 ( DEEP 2020) for discussion. This policy when adopted will replace the Haryana Enterprises Policy, 2015, which is applicable to all sectors...


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Parliamentary Committee recommends measures for financing the Startup Ecosystem

Public Policy
September 25, 2020 615 0

IntroductionOn 9 September 2020, Parliamentary Standing Committee on Finance (PSC) headed by Shri Jayant Sinha presented its report on ‘Financing the Startup Ecosystem’ to the Honorable Speaker, Lok Sabha. The PSC looks at various...


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Policy Update: TRAI recommendations on Cloud Services

Public Policy
September 25, 2020 786 0

The Telecom Regulatory Authority of India (TRAI) on September 14, 2020 submitted its recommendations on Cloud Services to Department of Telecommunications (DoT). In its recommendations, TRAI has suggested regulating cloud service ...


Blog

Update on labour reforms

Public Policy
September 25, 2020 1131 0

Dear all,As you may be aware, as part of the labour reforms, the Central Government on 19.09.2020, introduced the remaining three labour codes viz. Industrial Relations (IR) Code Bill, 2020; Code on Social Security Bill, 2020 and ...


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Key amendments proposed in Taxation Amendment Bill, 2020

Public Policy
September 23, 2020 3486 0

The Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance 2020 (the Ordinance) was promulgated on 31 March 2020, in order to ease compliance burden on taxpayers due to outbreak of COVID-19.The Taxation and Other Law...


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