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[Policy Update] Applicability of Foreign Trade Policy 2015 -20 extended till 31st March, 2021

Public Policy
April 8, 2020 670 0 images

The Directorate General of Foreign Trade (DGFT) vide Notification No. 57/2015-2020 (dated 31st March 2020) has extended the applicability of Foreign Trade Policy 2015-2020 (which was set to expire on 31st March, 2020) upto 31st Ma...


Blog

NASSCOM Representations on Relief for IT MSMEs and Start-ups

Public Policy
April 3, 2020 1219 0

Against the backdrop of the Covid19 Pandemic, IT Micro, Small and Medium Enterprises (MSMEs) and Start-ups have been facing a multitude of challenges in ensuring business continuity. Working closely with respective sector councils...


Blog

NASSCOM's submission to MeitY on SOFTEX

Public Policy
April 2, 2020 837 0

ContextNASSCOM attended a meeting with the Joint Secretary, MeitY to review the applicability of SOFTEX Form for Software products to strengthen ease of doing business for software product industry under National Policy on Softwar...


Blog

NASSCOM's Representation to RBI on extending the implementation date of Guidelines on Regulation of Payment Aggregators and Payment Gateways

Public Policy
April 2, 2020 996 0

ContextOn 17 March 2020, the Reserve Bank of India (RBI) released Guidelines on Regulation of Payment Aggregators and Payment Gateways , which said that Payment Aggregators (PAs) and Payment Gateways (PGs) are intermediaries playi...


Blog

Recommendations for Data Centre Policy

Public Policy
April 1, 2020 321 0 images

Globally, data is being created at an unprecedented pace. Global Datasphere, which is the total amount of data created, stored and replicated is estimated to grow from 33 ZB in 2018, to 175 ZB by 2025.[1] Given this trend, there i...


Blog

Extension of deadline to submit comments on NODE Consultation Whitepaper

Public Policy
April 1, 2020 898 0

ContextThe Ministry of Electronics & IT (MeitY) released a White Paper on National Open Digital Ecosystems (NODE) (link) in February. The whitepaper highlights key elements of NODE and describes the paradigm shift from earlier...


Blog

Ordinance promulgated to give effect to relief measures announced by Finance Minister

Public Policy
April 1, 2020 541 0 images

Ministry of Finance recently introduced an Ordinance on March 31, 2020 to bring into effect compliance relief measures for taxpayers in the wake of COVID-9 that were announced by the Finance Minister on March 24, 2020. Salient fea...


Blog

GST Update | Refund clarifications

Public Policy
April 1, 2020 441 0 images

GST Policy Wing, Central Board of Indirect Taxes and Customs (CBIC) recently issued Circular No.135/05/2020 – GST dated March 31, 2020 clarifying various refund related issues. Summary of the Circular is given below:Bunching...


Blog

COVID-19 Update: Relaxation in compliance for SEZs

COVID-19 Public Policy
March 31, 2020 1711 0 images

In view of the disruptions caused by COVID-19 pandemic, Department of Commerce, Ministry of Commerce and Industry has decided to provide certain relaxations in compliances to be met by units / developers / co?developers of Special...


Blog

DGEP issues clarification on movement of goods out of STPI

Public Policy
March 26, 2020 886 0 images

Dear all, With a view to enable health, safety and business continuity, Directorate General of Export Promotion (DGEP) has recently clarified that provisions relating to temporary removal laptops, computers, etc. from units in Sof...


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