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Feedback on consultation paper on the proposed Health Data Retention Policy

Feedback on consultation paper on the proposed Health Data Retention Policy

Public Policy
December 29, 2021 223 0 images

The National Health Authority (NHA) published a consultation paper on the proposed Health Data Retention Policy in Nov 2021 for feedback from stakeholders. The policy aimed to maximize benefits from usage of this data, while keepi...


Update: RBI extends timeline for purging Card-on-File data by merchants and payment aggregators

Update: RBI extends timeline for purging Card-on-File data by merchants and payment aggregators

Public Policy
December 23, 2021 379 0

In line with NASSCOM’s recommendations (read here), the Reserve Bank of India (RBI) has granted an extension to merchants and payment aggregators to purge card-on-file (CoF) data by six months i.e., till June 30, 2022. After this ...


Seeking inputs: TRAI Consultation Paper on 'Regulatory framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Interconnect Exchanges in India’

Seeking inputs: TRAI Consultation Paper on 'Regulatory framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Interconnect Exchanges in India’

Public Policy
December 22, 2021 214 0

Dear Members, The Telecom Regulatory Authority of India (TRAI) has released a consultation paper on ‘Regulatory framework for Promoting Data Economy Through Establishment of Data Centres, Content Delivery Networks, and Intercon...


OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax

OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax

Public Policy
December 21, 2021 212 0 images

The Organisation for Economic Cooperation and Development (OECD), on December 20, released detailed rules under Pillar Two for the proposed Global Anti-Base Erosion (GloBE) rules, which will introduce a global minimum corporate ta...


Joint Parliamentary Committee on Personal Data Protection Bill releases report with a Data Protection Bill, 2021

Joint Parliamentary Committee on Personal Data Protection Bill releases report with a Data Protection Bill, 2021

Public Policy
December 21, 2021 627 0

Introduction On December 16, 2021, the Joint Parliamentary Committee (JPC) on the Personal Data Protection Bill of 2019 (2019 Bill) tabled its report (report) in Parliament. The Report is available here. It contains: In p...


GST Update: Clarifications regarding GST on service supplied by restaurants through e-commerce operators

GST Update: Clarifications regarding GST on service supplied by restaurants through e-commerce operators

Public Policy
December 21, 2021 462 0 images

The GST Council, in its 45th meeting held in September, 2021 recommended to notify ‚Restaurant Service‛ under S. 9(5) of Central Goods and Services Ta Act, 2019 (CGST Act). Accordingly, tax on supply of restaurant service provided...


Update: Retail platform for purchase/ sale of foreign exchange

Update: Retail platform for purchase/ sale of foreign exchange

Public Policy
December 16, 2021 197 0 images

As you may be aware,  the Clearing Corporation of India Ltd. (CCIL), at the behest of RBI, in 2019, had developed an electronic trading platform “FX-Retail”. The platform seeks to enhance transparency and fairness in cus...


Seeking Inputs: TRAI Consultation Papers on Ease of Doing Business (Telecom and Broadcasting) Sector and Auction of spectrum for IMT/5G

Seeking Inputs: TRAI Consultation Papers on Ease of Doing Business (Telecom and Broadcasting) Sector and Auction of spectrum for IMT/5G

Public Policy
December 15, 2021 176 0

The Telecom regulator has rolled out following consultation papers focused on promotion of ease of doing business in telecom and broadcasting sector and Auction of 5G spectrum and related issues including regulatory framework for ...


Request for Inputs: SEBI Consultation Paper on Algorithmic Trading by Retail Investors

Request for Inputs: SEBI Consultation Paper on Algorithmic Trading by Retail Investors

Public Policy
December 14, 2021 211 0 images

Securities and Exchange Board of India (SEBI) has recently released a consultation paper to solicit comments from public on algorithmic trading being done by retail investors including use of API access and automation of trades us...


Reserve Bank of India : Representation on facilitating compliance with Card-on-File Tokenisation (CoFT)

Reserve Bank of India : Representation on facilitating compliance with Card-on-File Tokenisation (CoFT)

Public Policy
December 9, 2021 595 0

  Backdrop In March 2020, the Reserve Bank of India (RBI) released “Guidelines on Regulation of Payment Aggregators and Payment Gateways” under S. 10(2) of the Payment Systems and Settlement Act, 2007. The Guideli...


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