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Summary of Economic Survey 2020

Public Policy
February 1, 2020 877 0

The Economic Survey 2019-20 was tabled in the Parliament by the Finance Minister Smt. Nirmala Sitharaman yesterday after a joint address by President Ram Nath Kovind to both Lok Sabha and Rajya Sabha. The Economic Survey presents ...


Blog

Students from University of Melbourne visit Nasscom

Public Policy
January 29, 2020 549 0

On 23rd January, a delegation of 26 students from University of Melbourne visited the NASSCOM campus to interact with the different teams and gain a better understanding of ‘doing business’ in India. The visit formed part of an in...


Blog

Call for Inputs on Importation of Goods under 'Others' Category

Public Policy
January 28, 2020 442 0 images

The DGFT, vide Trade Notice No. 46/2019-20 (dated 17th January, 2020), has announced that it is reviewing importation of goods under ‘others’ category in light of misclassification of goods by importers. In an earlier Trade Notice...


Blog

Consultation Paper: Framing India's Response on Electronic Transmissions at WTO

Public Policy
January 24, 2020 1852 0 images

The World Trade Organisation (WTO)’s Customs Moratorium on Electronic Transmissions (Moratorium) is due for re-assessment at the 12th Ministerial Conference of the WTO being held at Nur-Sultan, Kazakhstan from 8 to 11 June 2020.Cu...


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SCOMET Licensing Issues Impacting the IT Industry in India

Public Policy
January 24, 2020 1679 0

On 18th December, 2019 the Directorate General of Foreign Trade (DGFT) organised an interaction with the industry in New Delhi to take feedback on export of dual use items. NASSCOM and DSCI participated in this meeting to provide ...


Blog

NASSCOM Fintech Policy Roundtable on MDR and Digital Payment Adoption | 17th January in Mumbai

Fintech Public Policy
January 11, 2020 861 0

Dear Members,Over the last few days, major developments have taken place pertaining to the zero MDR announcement, such as:Businesses with turnover of more than ? 50 crore have to mandatorily provide facilities for accepting paymen...


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Event Update-NASSCOM-DSCI Consultation Series on the Personal Data Protection Bill, 2019 (Session 4 - Bengaluru)

Public Policy
January 11, 2020 1013 0

Dear Members,The Personal Data Protection Bill, 2019 (PDP Bill, 2019), which was tabled in the Lok Sabha on 11 December, 2019, now stands referred to a Joint Parliamentary Committee (JPC) of both houses of the Parliament, chaired ...


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Policy Brief: RBI permits video-based customer verification to address KYC challenges faced by the fintech industry

Fintech Public Policy
January 10, 2020 1770 0 images

ContextOn 9 January 2020, in a welcome step, the Reserve Bank of India (RBI) issued a circular to amend the Master Direction on know-your-customer (KYC). The circular enables leveraging of digital channels for Customer Identificat...


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Formulation of Startup Advisory Council to address regulatory issues of startups

Public Policy
January 9, 2020 523 0

The Department for Promotion of Industries and Internal Trade (DPIIT) recently decided to constitute a startup advisory council to study various regulatory issues impacting growth of startups in India. These, amongst others, will ...


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MCA Clarification on CSR: Unspent CSR amount must be carried forward and spent

Public Policy
January 8, 2020 11390 0

As per section 135 of Companies Act, 2013 (“Companies Act”), every company having net worth of INR 500 crore or more, or turnover of INR 1000 crore or more or net profit of INR 5 crore or more during the immediately preceding fina...


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