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NASSCOM Report on Fuelling Entrepreneurship - Start-up survey findings and policy recommendations

NASSCOM Report on Fuelling Entrepreneurship - Start-up survey findings and policy recommendations

Public Policy
October 29, 2022 316 0

Rising strength of the start-up ecosystem in India India has emerged as the third-largest ecosystem for start-ups globally, with 100+ unicorns and over 79,000 start-ups recognised by the Department for Promotion of Industr...


Call for Inputs: Reviewing the Standard on Online Consumer Reviews

Call for Inputs: Reviewing the Standard on Online Consumer Reviews

Public Policy
October 29, 2022 124 0 images

The Bureau of Indian Standards (BIS) is calling stakeholders’ inputs on the proposed changes to the text of the Indian Standard on Online Consumer Reviews — Principles and Requirements for their Collection, Moderation and Publicat...


Reserve Bank of India: Feedback on Discussion Paper on Charges in Payment Systems

Reserve Bank of India: Feedback on Discussion Paper on Charges in Payment Systems

Public Policy
October 21, 2022 244 0 images

Backdrop The Reserve Bank of India (RBI), in August, had released a discussion paper on “Charges in Payment Systems” for stakeholder consultation.[1] This move came after the RBI had announced in its “Statement on Developmental...


NASSCOM Feedback: Punjab’s Draft Industrial and Business Development Policy, 2022

NASSCOM Feedback: Punjab’s Draft Industrial and Business Development Policy, 2022

Public Policy
October 21, 2022 230 0

We submitted our feedback on state of Punjab’s Draft Industrial and Business Development Policy (Policy). In our submission, we noted the following: In order for the State to grow the presence of IT industry in a significant...


Credit Guarantee Scheme for Start-ups  notified by the Department for Promotion of Industry and Internal Trade

Credit Guarantee Scheme for Start-ups notified by the Department for Promotion of Industry and Internal Trade

Public Policy
October 17, 2022 235 0 images

  Start-ups typically don’t have any collateral to pledge to avail loans, thus they end up relying on cash-flow and receivables to avail loans. The high default-risk means that the loans are difficult to avail, or they com...


SEBI: Submission highlighting issues relating to trading window closure

SEBI: Submission highlighting issues relating to trading window closure

Public Policy
October 11, 2022 157 0

Dear All, As you may be aware, Regulation 4(1) of Schedule B of SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) provides that designated persons and their immediate relatives will not trade in securiti...


NASSCOM-DSCI Representation to CERT-In: The Cybersecurity Directions, 2022

NASSCOM-DSCI Representation to CERT-In: The Cybersecurity Directions, 2022

Public Policy
October 7, 2022 371 0

Background  The Cyber Security Directions, first notified on April 28, 2022 (Directions), have been in force since July 27, 2022.1 Based on industry feedback, CERT-IN had extended the deadline for enforcement on Micro, Sma...


GST Update: Clarification on extension of timelines w.r.t sections of Finance Act 2022

GST Update: Clarification on extension of timelines w.r.t sections of Finance Act 2022

Public Policy
October 6, 2022 164 0 images

Central Board of Indirect Taxes and Customs (CBIC) issues a press release on October 4 to provide clarifications with respect to extension of time limits of certain compliances.   Relevant section of the F...


GST: Representation on notification of Sections of the Finance Act 2022

GST: Representation on notification of Sections of the Finance Act 2022

Public Policy
October 4, 2022 202 0

As you may be aware, Notification 18/2022 – Central Tax, dated September 28, 2022 (Notification) was recently issued which provided that amendments relating to S. 100(B), S. 102, and S. 103 of Finance Act, 2022, which will be effe...


Call for Inputs: Consultation Paper on Building Trust in the Open Network for Digital Commerce

Call for Inputs: Consultation Paper on Building Trust in the Open Network for Digital Commerce

Public Policy
September 30, 2022 818 0

Open Network for Digital Commerce (ONDC) has released a consultation paper on ‘Building Trust in the ONDC Network’. The paper seeks responses on the following questions: Search and discovery What more can ONDC do to...


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