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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 243 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 160 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 203 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...


NASSCOM Submits Comments to Ministry of Health and Family Welfare on the draft Medical Devices Rules, 2022

NASSCOM Submits Comments to Ministry of Health and Family Welfare on the draft Medical Devices Rules, 2022

Public Policy
September 30, 2022 307 0 images

  On September 20, 2022, the Ministry of Health and Family Welfare (MoHFW) released the draft Medical Devices (Amendment) Rules, 2022 (draft Rules) for public consultation until September 27, 2022. The draft Rules see...


Request for inputs for Customs Consultative Group meeting

Request for inputs for Customs Consultative Group meeting

Public Policy
September 27, 2022 181 0

Directorate General of Export Promotion (DGEP) is in the process of scheduling 16th All India Customs Consultative Group (CCG) meeting. In order to prepare the agenda for discussion, they have invited inputs from NASSCOM. ...


NASSCOM Submission on adoption of Indian Standard on Online Consumer Reviews

NASSCOM Submission on adoption of Indian Standard on Online Consumer Reviews

Public Policy
September 27, 2022 220 0

The Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution is considering adoption of Indian standard based on the voluntary International Standard Organisation (ISO) standard 20488:2018, titled...


NASSCOM Submission on Proposed Amendments related to export of Drones

NASSCOM Submission on Proposed Amendments related to export of Drones

Public Policy
September 26, 2022 233 0 images

In September 2022, NASSCOM submitted feedback and suggestions on the proposed amendments to Category 5B of the SCOMET List related to export of Drones/Unmanned Aircraft Vehicles (UAVs) and the proposed General Authorisation for Ex...


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