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Industry Interaction with FM: Summary of discussions at the meeting held on June 4, 2020

Public Policy
July 1, 2020 549 0

NASSCOM, along with the Industry, organised a meeting on June 4, 2020 with Finance Minister to highlight Industry’s phenomenal effort in enabling a mass transition to Work from Home (WFH) resulting in almost 80-90% employees today...


Blog

Launch of new DGFT platform for IEC related services

Public Policy
June 30, 2020 1318 0

The Directorate General of Foreign Trade (DGFT) has recently issued a Trade Notice No. 16/2020-21 dated 25.06.2020, notifying launch of new DGFT platform and Digital delivery of IEC related services. The platform is scheduled to g...


Blog

Request for inputs on GST Portal and E-way bill portal

Public Policy
June 30, 2020 165 0

As you are aware, NASSCOM is part of Consultation Committee of GSTN on simplification of forms and business processes associated with GST and improvement in the IT System.The second meeting of the commitee is scheduled for 14th Ju...


Blog

GST: Advocacy on early resolution of issues around ‘intermediary services’ for IT-ITeS sector

Public Policy
June 26, 2020 1054 0

IT-ITeS industry has been grappling with challenges around being treated as intermediary and being exposed to GST on exports. NASSCOM has been diligently pursuing this matter with the Ministry of Finance, the Law Committee, the GS...


Blog

GST: Advocacy on implementation date of e-invoicing and issuance of revised schema and updated FAQs

Public Policy
June 26, 2020 544 0

E-invoicing is a business reform which requires significant changes to be made to ERP systems including billing systems and other allied business processes.In this regard, GSTN recently issued API version 1.02 along with release n...


Blog

Clarification on merchant onboarding requirements under the Regulation of Payment Aggregators and Payment Gateways

Public Policy
June 26, 2020 2396 0

Based on feedback from industry, NASSCOM recently made a representation to the Reserve Bank of India (RBI) on a particular ambiguity in the Guidelines on Regulation of Payment Aggregators (PA) and Payment Gateways (PG) published b...


Blog

SEZ: NASSCOM recommendations to MoC on industry requirements relating to work from home (WFH)

Public Policy
June 24, 2020 3708 0

Today, about 90% of the workforce employed in the IT-BPM sector is working from home (WFH). Given the available technologies and an impetus from the SARS-CoV-2 pandemic, IT/ITeS companies are now looking at a blended working model...


Blog

[Call for Inputs] DGCA Releases Draft Unmanned Aircraft System Rules, 2020

Public Policy
June 12, 2020 1764 0 images

The Directorate General of Civil Aviation (DGCA) released the draft Unmanned Aircraft System Rules, 2020 (UAS Rules) on 2 June 2020. Public consultation on the UAS Rules is open till 3 July 2020.NASSCOM solicits member inputs on t...


Blog

GST Update: Directors not 'company employees', salary/remuneration paid to them taxable under 'reverse-charge

Public Policy
June 11, 2020 371 0 images

The GST Policy Wing, Central Board of Indirect Taxes and Customs (CBIC) recently issued Circular 140/10/2020 – GST dated June 10, 2020 wherein it clarified the applicability of GST on Director’s remuneration paid by companies.To r...


Blog

Enabling long term work from home: MeitY set up Inter-Ministerial Working Group for IT/ITES Industry

Public Policy
June 11, 2020 1205 0

Dear Members,Based on NASSCOM’s suggestion, an Inter-Ministerial Working Group  has been setup by MeitY under the Chairmanship of Mr. Ajay Sawhney, Secretary, MeitY to look into the requirements of the IT-ITeS sector to enable a l...


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