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Nasscom Inputs on Foreign Trade Policy (2015-2020) Review

Public Policy
November 28, 2020 494 0 images

The Directorate General of Foreign Trade (DGFT) is reviewing the Foreign Trade Policy (2015-2020), with the objective of formulating a new Foreign Trade Policy (FTP) which will come into effect once the current FTP (2015-2020) exp...


Blog

NITI Aayog: Feedback on draft discussion paper on Data Empowerment and Protection Architecture

Public Policy
November 28, 2020 191 0 images

NITI Aayog released a draft discussion paper titled ‘Data Empowerment and Protection Architecture’ (DEPA), in August 2020. DEPA aims at empowering individuals with control over their data and enables people to seamlessly and secur...


Blog

GST Update on E-invoicing by CBIC & GSTIN

Public Policy
November 26, 2020 395 0 images

As you may be aware, certain set of taxpayers (having aggregate turnover exceeding INR 500Crores) had started e-invoicing from 1st October, 2020. In the month of October, 2020, about 4.95 Crore invoices were generated by 27400 GST...


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Policy Update: The International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020

Public Policy
November 26, 2020 370 0

ContextOn 12 November, the International Financial Services Centres Authority (IFSCA) notified its Global In-House Centres (GIC) Regulations to provide a framework for recognition and operation of GlCs. This will enable multinatio...


Blog

Meeting Update : Discussion on draft Data Centre Policy of Uttar Pradesh

Public Policy
November 25, 2020 257 0

The Department of Information Technology, Government of Uttar Pradesh, on 2oth Nov 2020, had organised an industry consultation to discuss the draft UP Data Centre Policy under the chairmanship of Infrastructure and Industrial Dev...


Blog

NASSCOM’s response to TRAI Consultation Paper on Roadmap to Promote Broadband Connectivity and Enhanced Broadband Speed

Public Policy
November 24, 2020 405 0 images

NASSCOM earlier this month submitted its response to the consultation paper issued by Telecom Regulatory Authority of India (TRAI) on ‘Roadmap to Promote Broadband Connectivity and Enhanced Broadband Speed’. In our response, we re...


Blog

Seeking Inputs: Occupational Safety, Health and Working Conditions (Central) Rules, 2020.

Public Policy
November 23, 2020 282 0 images

The labour ministry has published the draft Occupational Safety, Health and Working Conditions (Central) Rules 2020 (“Rules”). The Rules are applicable to every establishments in which 10 or more workers are employed. The rules la...


Blog

Niti Aayog proposes Enforcement Mechanism for Responsible AI

Public Policy
November 23, 2020 439 0

Niti Aayog has released a working document titled Enforcement Mechanism Responsible #AIforAll for public comments on 18 Sep 2020.The document recognizes that risks from AI systems vary with context and use case and suggests that a...


Blog

Ministry of Finance: Feedback on OECD Pillar One Blueprint

Public Policy
November 20, 2020 509 0 images

Background:Tax challenges of digitalisation of economy were identified as one of the main focus areas of the Base Erosion and Profit Shifting (BEPS) Action Plan. Following a mandate by G20 Finance Ministers in March 2017, the Incl...


Blog

GST: Submission requesting for clarification on applicability and contents of B2C dynamic Quick Response (QR) code

Public Policy
November 20, 2020 473 0

BackgroundSixth proviso to Rule 46 of Central Goods and Services Tax Rules, 2017 (CGST Rules) empowers the Government to notify requirement of a QR code on the invoice. Further, Notification no 72/2019-Central Tax dated 13 Decembe...


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