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E-invoicing Update: Extension in implementation of QR Code till March 31, 2021

Public Policy
November 30, 2020 383 0 Read Article images

The Central Board of Indirect Taxes and Customs (CBIC) issued Notification No. 89/2020 – Central Tax on November 29, 2020 waiving off penalty on non- implementation of dynamic Quick Response (QR) code till March 31, 2021, which is...


Blog

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

Public Policy
November 28, 2020 494 0 Read Article 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 192 0 Read Article 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 402 0 Read Article 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 Read Article

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 Read Article

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...


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

Public Policy
November 24, 2020 405 0 Read Article 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...


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

Public Policy
November 23, 2020 282 0 Read Article 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...


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Niti Aayog proposes Enforcement Mechanism for Responsible AI

Public Policy
November 23, 2020 439 0 Read Article

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...


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Ministry of Finance: Feedback on OECD Pillar One Blueprint

Public Policy
November 20, 2020 510 0 Read Article 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...


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