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Public Policy
Request for Inputs: SEBI - Harmonisation of SEBI LODR and ICDR Regulations

Request for Inputs: SEBI - Harmonisation of SEBI LODR and ICDR Regulations

Public Policy
July 1, 2024 77 0 images

Securities and Exchange Board of India (SEBI) has released a consultation paper for facilitating ease of doing business and harmonisation of provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 &n...


Suggestions for Pre-Budget Memorandum 2024-25

Suggestions for Pre-Budget Memorandum 2024-25

Public Policy
June 26, 2024 258 0 images

Based on inputs from the industry, Nasscom has submitted a detailed memorandum of suggestions for the Union Budget 2024-25 (Budget) to Ministry of Finance. Our Budget suggestions are encapsulated under the following broad categ...


GST Update: Summary of decisions taken in 53rd GST Council meeting

GST Update: Summary of decisions taken in 53rd GST Council meeting

Public Policy
June 25, 2024 223 0 images

The Goods and Services Tax (GST) Council convened the 53rd council meeting on June 22, 2024 after eight-months. The Council's recommendations include amendments to GST law entailing rate rationalisation, clarifications on various ...


Telangana govt extends exemption to IT-BPM sector from Shops and Establishments Act for 4 years wef May 30, 2024

Telangana govt extends exemption to IT-BPM sector from Shops and Establishments Act for 4 years wef May 30, 2024

Public Policy
June 18, 2024 89 0 images

Pursuant to nasscom’s effort, the Government of Telangana has extended the exemption to the IT-BPM industry from the Telangana Shops and Establishments Act, 1988 for a duration of 4 years w.e.f May 30, 2024. Please see t...


Karnataka Govt extends exemption to the IT-BPM sector from Employment Standing Order Act for 5 years till 2029

Karnataka Govt extends exemption to the IT-BPM sector from Employment Standing Order Act for 5 years till 2029

Public Policy
June 18, 2024 69 0 images

Pursuant to nasscom’s effort, the Government of Karnataka has extended the exemption to the IT-BPM industry from the Industrial Employment (Standing Order) Act, 1946 for a duration of 5 years, till June 10, 2029 or till such time ...


MoF: Whitepaper on Export related challenges being faced by “Data Hosting Service Providers” under GST

MoF: Whitepaper on Export related challenges being faced by “Data Hosting Service Providers” under GST

Public Policy
June 11, 2024 83 0 images

Background In today’s information era, resource sharing is imperative to keep up with dynamic and radical growth of technology. The concept of owning and maintaining Information Technology (IT) infrastructure for data storage a...


NASSCOM PUBLIC POLICY HIGHLIGHTS, VOL 6, ISSUE 6, June 2024

NASSCOM PUBLIC POLICY HIGHLIGHTS, VOL 6, ISSUE 6, June 2024

Monthly Newsletters Public Policy
June 8, 2024 55 0

Click Here if you are not able to view this mailer properly.   ...


MoF: Request for clarity on applicability of TDS under S. 194-O of Income Tax Act on various services provided by ecommerce operator to ecommerce participant

MoF: Request for clarity on applicability of TDS under S. 194-O of Income Tax Act on various services provided by ecommerce operator to ecommerce participant

Public Policy
June 5, 2024 57 0

As per proviso to S. 194-O(3) of Income Tax Act, 1961 (IT Act), a transaction in respect of which tax has been deducted by E-Commerce Operator (ECO) under S. 194-O(1) shall again not be liable for TDS under any other provision of ...


Feedback to RBI on draft amendments related to Payment Aggregator Regulations

Feedback to RBI on draft amendments related to Payment Aggregator Regulations

Public Policy
June 4, 2024 77 0 images

We submitted feedback to Reserve Bank of India (RBI) on the: (1) draft regulation on Payment Aggregators – Physical Point of Sale (PA-P), and (2) draft clarifications to Guidelines on Regulation of Payment Aggregators and Payment ...


MOF - Submission on tech-related and procedural issues under Corporate Tax

MOF - Submission on tech-related and procedural issues under Corporate Tax

Public Policy
June 3, 2024 20 0 images

We, along with the industry, held detailed discussions with the senior officials of Ministry of Finance on April 26 and 27, 2024 on key measures to improve ease of doing business under corporate taxes. Pursuant to the meeting, we ...


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