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MCA: Policy for public consultation in rule-making

MCA: Policy for public consultation in rule-making

Public Policy
January 25, 2024 60 0

As you are aware, the Ministry of Corporate Affairs (MCA) is responsible for administering the Companies Act, 2013, the Limited Liability Partnership Act, 2008, the Competition Act, 2002, Insolvency and Bankruptcy Code (IBC) and l...


Nasscom's feedback on the Broadcasting Services (Regulation) Bill, 2023

Nasscom's feedback on the Broadcasting Services (Regulation) Bill, 2023

Public Policy
January 17, 2024 159 0 images

On January 14, 2023, we submitted our feedback to the Ministry of Information and Technology (MIB) on the Draft Broadcasting Services (Regulation) Bill, 2023 (Broadcasting Bill). Our overall position on the Broadcasting Bill is...


Request for Inputs for GST Memorandum

Request for Inputs for GST Memorandum

Public Policy
January 17, 2024 25 0 images

Dear All, As you may be aware, NASSCOM periodically submits a consolidated memorandum to GST Council and GST Policy Wing highlighting key GST issues faced by our Industry across India. We are again in the process of identify...


Call for Inputs: SEBI Consultation Paper - Harmonisation of provisions of ICDR and LODR Regulations

Call for Inputs: SEBI Consultation Paper - Harmonisation of provisions of ICDR and LODR Regulations

Public Policy
January 15, 2024 39 0

Dear All, As you may be aware, Securities and Exchange Board of India (SEBI) has released a consultation paper on Interim Recommendations of the Expert Committee for facilitating ease of doing business and harmonization of the ...


Update: DGFT Notification on debonding of secondhand IT assets from SEZ to DTA

Update: DGFT Notification on debonding of secondhand IT assets from SEZ to DTA

Public Policy
January 5, 2024 129 0 images

Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries has issued a notification to amend Para 2.31 of Foreign Trade Policy 2023 (FTP) regarding transfer of used Information Technology (IT) assets from Sp...


Clarification on S.194-O of Income Tax Act relating to tax withholding by e-commerce operator

Clarification on S.194-O of Income Tax Act relating to tax withholding by e-commerce operator

Public Policy
January 5, 2024 44 0

As you are aware, S. 194-O of the Income Tax Act. 1961 (IT Act) requires an Ecommerce Operator (ECO) to deduct tax @ 1% of the gross amount of sales of goods/ provision of services/ both, facilitated through its digital or electro...


Feedback on TRAI CP - Digital Transformation through 5G ecosystem

Feedback on TRAI CP - Digital Transformation through 5G ecosystem

Public Policy
December 29, 2023 51 0 images

TRAI issued a Consultation Paper on Digital Transformation through 5G Ecosystem, issued by the Telecom Regulatory Authority of India (TRAI) on 29 September 2023 (CP/5G CP/Consultation Paper). The Consultation Paper sought to id...


Nasscom's Pre-Budget Memorandum 2024-25

Nasscom's Pre-Budget Memorandum 2024-25

Public Policy
December 28, 2023 426 0 images

Based on feedback from the Industry, we have submitted a detailed memorandum of suggestions for the Union Budget 2024-25 to Ministry of Finance (MoF). Given that the Budget on February 1, 2024 will be an interim budget, our su...


Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, 2023

Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, 2023

Public Policy
December 22, 2023 197 0 images

On November 21, 2023, the Delhi Motor Vehicle Aggregator and Delivery Service Provider Scheme, 2023 (the Scheme) was notified by the Government of National Capital Territory of Delhi (GNCTD). The scheme is for licensing and regula...


Industry's feedback on the RBI's Payment Aggregator - Cross Border Regulation

Industry's feedback on the RBI's Payment Aggregator - Cross Border Regulation

Public Policy
December 22, 2023 41 0

On December 19, 2023, we wrote to the Reserve Bank of India (RBI) highlighting industry's feedback and gave suggestions on the Regulation for Payment Aggregators - Cross Border (PA-CB Regulation). Our feebdack included the followi...


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