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Reserve Bank of India: Update on storing Card-on-File data for guest checkouts and other post-transaction activities

Reserve Bank of India: Update on storing Card-on-File data for guest checkouts and other post-transaction activities

Public Policy
July 29, 2022 374 0 Read Article

    The Reserve Bank of India (RBI), after stakeholder consultation, has released a clarification on storing card-on-file (CoF) data for guest check-out transactions and other post-transaction activities. However, ...


NITI Aayog: Report on ‘Digital Banks – A Proposal for Licensing and Regulatory Regime for India’

NITI Aayog: Report on ‘Digital Banks – A Proposal for Licensing and Regulatory Regime for India’

Public Policy
July 28, 2022 531 0 Read Article

  The NITI Aayog has released its report on ‘Digital Banks – A Proposal for Licensing and Regulatory Regime for India’ (Report). Prior to this, in November, the NITI Aayog had released the first version of the Report for s...


GST: Representation on 2-Factor authentication enabled for e-waybill and e-invoice system

GST: Representation on 2-Factor authentication enabled for e-waybill and e-invoice system

Public Policy
July 28, 2022 1638 0 Read Article

The National Informatics Centre (NIC) recently enabled 2-Factor authentication for e-waybill and e-invoice system to further enhance the security of the systems. This 2-Factor authentication is required in addition to the username...


Reserve Bank of India: Call for Inputs on “Discussion Paper on Climate Risk and Sustainable Finance”

Reserve Bank of India: Call for Inputs on “Discussion Paper on Climate Risk and Sustainable Finance”

Public Policy
July 28, 2022 239 0 Read Article

  The Reserve Bank of India (RBI), pursuant to its statement on Developmental and Regulatory Policies, has released a discussion paper on “Climate Risk and Sustainable Finance” (Discussion Paper) for stakeholder consultati...


Reserve Bank of India (RBI) : Feedback on Draft Master Directions on ‘Outsourcing of IT Services’

Reserve Bank of India (RBI) : Feedback on Draft Master Directions on ‘Outsourcing of IT Services’

Public Policy
July 26, 2022 384 0 Read Article Download Icon

  In June 2022, the Reserve Bank of India (RBI) released its draft master directions on ‘Outsourcing of IT Services’ (draft Master Directions). The draft Master Directions propose a risk management framework for outsourc...


Call for inputs: DOT's consultation paper on a new telecom law

Call for inputs: DOT's consultation paper on a new telecom law

Public Policy
July 26, 2022 330 0 Read Article

On July 23, the Department of Telecommunications (DOT) released a consultation paper (available here) on the need for a new legal framework governing the telecommunication sector in India. As per the paper, the extant legal framew...


GST: Representation on Online Information and Database Access or Retrieval (OIDAR) services for B2C supplies

GST: Representation on Online Information and Database Access or Retrieval (OIDAR) services for B2C supplies

Public Policy
July 19, 2022 590 0 Read Article

Background S. 5(1) of Integrated Goods and Service Tax Act, 2017 (IGST Act) provides that the supplier is liable to pay tax on all inter-state supplies of goods or services. However, as an exception, it is provided under S.5(3)...


NASSCOM & The Dialogue - Joint Policy Brief on the Data Protection Authority of India and Coordination with Sectoral Regulators

NASSCOM & The Dialogue - Joint Policy Brief on the Data Protection Authority of India and Coordination with Sectoral Regulators

Public Policy
July 18, 2022 712 0 Read Article Download Icon

NASSCOM and the Dialogue, a think-tank based out of New Delhi, have released a Joint Policy Brief on the Data Protection Authority and Coordination with Sectoral Regulators. This is in furtherance of the release of the Data Protec...


Notification of Haryana State Data Centre Policy, 2022

Notification of Haryana State Data Centre Policy, 2022

Public Policy
July 15, 2022 408 0 Read Article Download Icon

As you may be aware, the Haryana Government recently notified the Haryana State Data Centre Policy, 2022 (Policy) with the vision to make Haryana a preferred destination for Data Centre Industry and establish the state as a global...


Request for Inputs on changes proposed in GSTR-3B

Request for Inputs on changes proposed in GSTR-3B

Public Policy
July 15, 2022 206 0 Read Article Download Icon

Dear All, As you may be aware, the GST Council in the recently concluded 47th meeting, approved comprehensive procedural changes In Form GSTR-3B. In this regard, please find attached a notice requesting for suggestions, vie...


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