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Update: Partial relaxation for electronic filing of form 10F by certain non-residents

Update: Partial relaxation for electronic filing of form 10F by certain non-residents

Public Policy
March 30, 2023 373 0 Read Article Download Icon

The Ministry of Finance (MoF) issued a notification to extend exemption to Non-Resident (NR) taxpayers who do not have a Permanent Account Number (PAN) and are not required to have PAN in India as per tax provisions from mandatory...


Request for reiteration of exemption available to Export-Oriented Units from Extended Producer Responsibility obligations

Request for reiteration of exemption available to Export-Oriented Units from Extended Producer Responsibility obligations

Public Policy
March 28, 2023 554 0 Read Article

As you may be aware, Plastic Waste management (Amendment) Rules, 2022 (amended rules) were introduced by the government to curb the use of single-use plastic. These apply to import of plastic packaging products as end products, as...


MoF: Representation highlighting challenges faced by non-resident taxpayers in mandatory e-filing of Form 10F

MoF: Representation highlighting challenges faced by non-resident taxpayers in mandatory e-filing of Form 10F

Public Policy
March 17, 2023 452 0 Read Article

The Central Board of Direct Taxes (CBDT), in July 2022, issued Notification No. 03/2022 (Notification) mandating Non-Resident (NR) taxpayers to file Form 10F electronically along with Tax Residency Certificate (TRC) to claim benef...


Feedback from Reserve Bank of India regarding reconciliation of inward remittances and updating information on Export Data Processing and Monitoring System

Feedback from Reserve Bank of India regarding reconciliation of inward remittances and updating information on Export Data Processing and Monitoring System

Public Policy
March 10, 2023 601 0 Read Article

Background In December 2022, we had written to the RBI highlighting issues being faced by the industry in processing of export documents including SOFTEX and reconciliation of inward remittances, updating information on the Exp...


MCA: Submission requesting for clarity in provisions requiring companies to adopt accounting software having audit trail feature

MCA: Submission requesting for clarity in provisions requiring companies to adopt accounting software having audit trail feature

Public Policy
March 9, 2023 910 0 Read Article

As per Rule 3(1) Companies (Accounts) Rules 2014 as amended by Companies (Accounts) Amendment Rules 2021 (Amended Rules), a company using accounting software for maintaining its books of account is required to use such accounting ...


Nasscom Public Policy, Vol 4, Issue 3, March 2023

Nasscom Public Policy, Vol 4, Issue 3, March 2023

Monthly Newsletters Public Policy
March 6, 2023 363 0 Read Article

Click here if you are unable to view this mailer properly.   &n...


Submission from nasscom on Draft Amendments to the Information Technology Rules Related to Fact Checking of Misinformation

Submission from nasscom on Draft Amendments to the Information Technology Rules Related to Fact Checking of Misinformation

Public Policy
March 6, 2023 329 0 Read Article Download Icon

On February 20, 2023, we submitted our feedback to the Ministry of Electronics and Information Technology (MEITY) in response to the call for inputs on the Proposed Amendment to the Information Technology (Intermediary Guidelines ...


Jan Vishwas Bill: Right step towards decriminalisation of minor offences

Jan Vishwas Bill: Right step towards decriminalisation of minor offences

Public Policy
March 3, 2023 760 0 Read Article Download Icon

Fear of imprisonment for minor offences and the associated harassment or social taboo can hamper individual confidence and the growth of business ecosystem. Broadly, this is the rationale stated in the Statement of Objects and Rea...


Revised Notification on Women Employees in Night Shifts in the State of Haryana

Revised Notification on Women Employees in Night Shifts in the State of Haryana

Public Policy
February 28, 2023 1200 0 Read Article

On February 21, 2023, the Department of Labour, Haryana Government issued a revised notification on the employment of women employees in Night Shifts.   Earlier, on June 07, 2022, the Government of Haryana issued a no...


Post Budget Memorandum 2023-24

Post Budget Memorandum 2023-24

Public Policy
February 28, 2023 445 0 Read Article Download Icon

NASSCOM welcomes the growth-oriented Union Budget 2023-24 (Budget 2023) presented by the finance minister. The proposals lay a strong thrust on leveraging technology as an enabler, by announcing a range of initiatives that co...


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