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GST: Submission requesting for clarity on amendment to S. 39(5) of CGST Act

GST: Submission requesting for clarity on amendment to S. 39(5) of CGST Act

Public Policy
April 28, 2022 223 0

Background As per S. 39(5) of Central Goods and Services Tax Act, 2017 (CGST Act), every registered Non-Resident Taxable Person (NRTP) is required to furnish a return electronically (for every calendar month or part t...


Industry Awareness Session on Open Network for Digital Commerce

Industry Awareness Session on Open Network for Digital Commerce

Public Policy
April 26, 2022 542 0 images

On April 22, 2022, NASSCOM organised a session with the Managing Director, Chief Executive Officer and Chief Business Officer of Open Network for Digital Commerce (ONDC) to discuss about ONDC’s plan and the business opportunities ...


Call for inputs: Draft Health Data Management Policy 2.0

Call for inputs: Draft Health Data Management Policy 2.0

Public Policy
April 26, 2022 326 0

The National Health Authority (NHA) has released the draft Health Data Management Policy 2.0 (HDM 2.0).  The objective of this policy is to realise Ayushman Bharat Digital Mission’s (ADBM) guiding principle of “security and p...


Reserve Bank of India: Representation of Facilitating Compliance With Card-on-file-tokenisation

Reserve Bank of India: Representation of Facilitating Compliance With Card-on-file-tokenisation

Public Policy
April 26, 2022 580 0

  Backdrop The RBI, on December 23, 2021, had granted an extension to merchants and payments aggregators to purge card-on-file data by six months i.e., till June 30, 2022. After this, the merchants and payment aggr...


Update: Reserve Bank of India’s (RBI) Master Directions on Issuance and Conduct of Credit and Debit Cards

Update: Reserve Bank of India’s (RBI) Master Directions on Issuance and Conduct of Credit and Debit Cards

Public Policy
April 25, 2022 247 0

The Reserve Bank of India (RBI) on April 21st, 2022 issued the Master Directions on Issuance and Conduct of Credit and Debit Cards. These directions shall be effective from July 01, 2022. The directions related to credit cards app...


Recognising Special Purpose Acquisition Companies (SPAC) in India

Recognising Special Purpose Acquisition Companies (SPAC) in India

Public Policy
April 22, 2022 873 0

Introduction to SPAC SPAC is a type of company that does not have an operating business and is formed with the specific objective of acquiring a target company. This concept allows a ‘shell company’ to raise capital throug...


OECD: Submission on Pillar One Amount A: Draft Model Rules for Domestic Legislation on Scope

OECD: Submission on Pillar One Amount A: Draft Model Rules for Domestic Legislation on Scope

Public Policy
April 21, 2022 197 0 images

The OECD/G20 Inclusive Framework on BEPS (Inclusive Framework) has been working to develop a consensus based solution to address tax challenges arising out of digitalisation of the economy. Amount A of Pillar One has been devel...


RBI: NASSCOM’s Feedback on Processing and Settlement of small value Export and Import related payments

RBI: NASSCOM’s Feedback on Processing and Settlement of small value Export and Import related payments

Public Policy
April 21, 2022 543 0 images

On April 07, the RBI released draft guidelines on ‘Processing and Settlement of small value Export and Import related payments’ facilitated by Online Export-Import facilitators (OEIF guidelines) for feedback. The objective of thes...


Invitation to participate in SEZ Work from Home Survey

Invitation to participate in SEZ Work from Home Survey

Public Policy
April 18, 2022 263 0

Dear Members,                                                              ...


Suggestions to Government of Karnataka on enabling the e-commerce sector

Suggestions to Government of Karnataka on enabling the e-commerce sector

Public Policy
April 14, 2022 303 0

In April 2022, we submitted suggestions to the Government of Karnataka on addressing the challenges being faced by the e-commerce sector and undertaking measures to enable the growth of the sector.  Some of our key suggest...


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