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Reserve Bank of India : Annual Report on the Ombudsman Schemes, 2020-21

Reserve Bank of India : Annual Report on the Ombudsman Schemes, 2020-21

Public Policy
February 1, 2022 298 0

The Reserve Bank of India (RBI) released its Annual Report on Ombudsman Scheme for 2020-21 (Report). The Report covers the period from July 1, 2020 to March 31, 2021. The Report covers the activities under the Banking Ombudsman Sc...


Economic Survey 2021-22: Key highlights for the Tech Industry

Economic Survey 2021-22: Key highlights for the Tech Industry

Public Policy
January 31, 2022 532 0

The Economic Survey 2021 - 22 was tabled in the Parliament today, by Finance Minister Smt. Nirmala Sitharaman. The survey which provides a holistic view of India’s economic performance in the last year and some visibility on t...


GST: Representation seeking clarification on taxability of gift cards/ gift vouchers

GST: Representation seeking clarification on taxability of gift cards/ gift vouchers

Public Policy
January 31, 2022 1532 0

BACKGROUND AND ISSUE Gift cards or gift vouchers are Pre-Paid Instruments (PPIs) that are redeemable basis their face value against supply of goods or services. Issuance gift cards/vouchers is governed and regulated by the Rese...


Budget 2022 expectations: Six measures that can help home buyers

Budget 2022 expectations: Six measures that can help home buyers

Public Policy Current Issues
January 30, 2022 259 0

The threat of Covid-19 continues to cast a shadow on the promising prospects for the real estate sector. Hence, the extension and continuation of demand-side measures including tax sops and incentives to homebuyers will only stren...


Knowledge Session: SOFTEX and Inward Remittances

Knowledge Session: SOFTEX and Inward Remittances

Public Policy
January 28, 2022 988 0 images

Backdrop On the basis of concerns and questions related to SOFTEX and Inward Remittances, on January 19th, 2022, NASSCOM organised a webinar titled “Knowledge Session: SOFTEX and Inward Remittances” for small and medium e...


Attracting more Tech-SMEs and Start-ups in Madhya Pradesh

Attracting more Tech-SMEs and Start-ups in Madhya Pradesh

Public Policy
January 27, 2022 331 0

On January 17, 2022, we interacted with the State IT Minister of Madhya Pradesh (MP), to discuss ideas on attracting more tech-start-ups and small and medium enterprises (SMEs) to Madhya Pradesh. Our suggestions focussed on four&n...


Suggestions to DPIIT for building a sustainable deep-tech start-up ecosystem in India

Suggestions to DPIIT for building a sustainable deep-tech start-up ecosystem in India

Public Policy
January 25, 2022 360 0

NASSCOM submitted suggestions to the Department for Promotion of Industry and Internal Trade (DPIIT) to build a sustainable deep-tech start-up ecosystem that focusses on growing innovation in India and for India. Our suggestions f...


Engagement with SEBI for easing provisions related to buyback of own securities

Engagement with SEBI for easing provisions related to buyback of own securities

Public Policy
January 25, 2022 367 0

Globally, buyback of own shares is a key tool, in addition to dividend distribution to manage capital structure. However, the Indian regulatory framework governing buyback of own shares prescribe certain restrictive provisions, th...


Reserve Bank of India: Representation on Facilitating Compliance with Card-on-File Tokenisation

Reserve Bank of India: Representation on Facilitating Compliance with Card-on-File Tokenisation

Public Policy
January 24, 2022 328 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 20, 2022. After this, the merchants and payment aggregators, i...


Response to TRAI Consultation Paper on Auction of Spectrum in frequency bands identified for IMT/5G (CP)

Response to TRAI Consultation Paper on Auction of Spectrum in frequency bands identified for IMT/5G (CP)

Public Policy
January 21, 2022 318 0 images

We recently submitted our feedback on the TRAI Consultation Paper Auction of Spectrum in frequency bands identified for IMT/5G (available here). Our response to the paper was largely focussed on the aspects dealing with the deploy...


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