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Interim Budget 2019 – Key takeaways for the IT sector

Public Policy
February 4, 2019 1248 0 images

The Interim Budget for the financial year 2019- 20 was presented in the Parliament on 1st February 2019. Since it was an interim budget no significant policy announcements were expected. From the IT sector perspective, the focus o...


Blog

NASSCOM-DSCI Feedback on the Draft Information Technology [Intermediary Guidelines (Amendment)] Rules, 2018

Public Policy
February 1, 2019 6127 0 images

NASSCOM has submitted its feedback to the Ministry of Electronics and Information Technology (MeitY) in response to its invitation dated December 24, 2018. Earlier we released a policy brief raising some discussion points on the p...


Blog

NASSCOM's Policy Brief on CBDT Circular No 03/2019

Public Policy
January 28, 2019 1391 0

NASSCOM Policy Brief28.01.2019CBDT Circular No. 03/2019 dated January 21, 2019Taxation of income where a private company or a firm receives shares of a private company from a person for no or inadequate considerationSection 56(2)(...


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Company Rules Update: Reporting for delayed payment to micro and small enterprises

Public Policy
January 25, 2019 2642 0

Specified Companies (Furnishing of information about payment to micro and small enterprise suppliers) Order 2019The order comes into effect from January 22, 2019Ministry of Micro, Small and Medium Enterprises (MSME) had issued not...


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An update on recent circulars providing clarifications on export of services under GST and refund related issues

Public Policy
January 25, 2019 5104 0 images

Circulars IssueClarificationsCircular No. 78/52/2018-GST- Export of servicesClarification provided with respect to services provided to a recipient located outside India either wholly or partly through any other supplier of servic...


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NASSCOM's Policy Brief on MeitY's draft IT [Intermediaries Guidelines (Amendment)] Rules, 2018

Public Policy
January 24, 2019 1247 0

NASSCOM Policy Brief24.01.2019Ministry of Electronics & Information Technology’s Draft Information Technology [Intermediary Guidelines (Amendment)] Rules, 2018ContextMinistry of Electronics & Information Technology (‘MeitY...


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NASSCOM pre-budget submissions 2019-20 - Indirect taxes

Public Policy
January 22, 2019 984 0 images

NASSCOM shared the pre-budget Recommendations with the Ministry of Finance. Comprehensive approach for growth of Start-ups and SME ecosystem, sustenance of sector’s global competitiveness, ensuring easing of doing business are som...


Blog

NASSCOM pre-budget submissions 2019-20 - Direct taxes

Public Policy
January 22, 2019 1002 0 images

NASSCOM shared the pre-budget Recommendations 2019 with the Ministry of Finance. Comprehensive approach for growth of Start-ups and SME ecosystem, sustenance of sector’s global competitiveness, ensuring easing of doing business ar...


Blog

Government eases conditions to avail safe harbour from Angel Tax

Public Policy
January 18, 2019 1123 0 images

Government eases conditions to avail safe harbour from Angel TaxContext: The Department of Industrial Policy & Promotion (DIPP), in consultation with Ministry of Finance (MoF) has released Gazette Notification No. G.S.R 34(E) ...


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Note on Draft Drone Policy 2.0

Public Policy
January 18, 2019 2538 0

Note18.01.19Draft Drone Policy 2.0The Minister of Civil Aviation, Jayant Sinha released the draft Drone Policy 2.0 on 15th January, 2019. This is a recommendation and the policy will be finalized by a task force led by the Civil A...


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