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GST: Submission providing inputs on gap between GST law and IT Systems (GSTN) and GST Returns for registered taxpayers

GST: Submission providing inputs on gap between GST law and IT Systems (GSTN) and GST Returns for registered taxpayers

Public Policy
May 21, 2021 135 0 images

Directorate General of Goods and Service Tax - Southern Region (DGGST) was entrusted with the task to study and analyse “the gap between GST law and IT Systems (GSTN)” and “Returns for registered taxpayer and related Returns” on t...


FCRA Update: Relaxation in applicability of provisions of Foreign Contribution (Regulation) Act

FCRA Update: Relaxation in applicability of provisions of Foreign Contribution (Regulation) Act

Public Policy
May 20, 2021 996 0

The Ministry of Home Affairs (MHA), vide issue of Public Notice No. II/21022/36(58)/2021-FCRA-II dated May 18, 2021, has extended the validity of registration certificate issued under Foreign Contribution (Regulation) Act, 2010 (F...


GST Submission: Suggestions with respect to the GST on COVID-19 related relief; ease of doing business issues for IT-ITES Industry

GST Submission: Suggestions with respect to the GST on COVID-19 related relief; ease of doing business issues for IT-ITES Industry

Public Policy
May 19, 2021 134 0 images

Based on inputs from Industry, NASSCOM has submitted a detailed memorandum of suggestions with respect to the Goods and Services Tax (GST) to enable growth and ease of doing business for the Information Technology (IT) - Business ...


Submission requesting for clarification in terms of compliances required to be undertaken under Special Economic Zones Act, 2005 and rules thereunder

Submission requesting for clarification in terms of compliances required to be undertaken under Special Economic Zones Act, 2005 and rules thereunder

Public Policy
May 19, 2021 305 0

As you are aware, Department of Commerce (DoC), Ministry of Commerce and Industries, recently issued clarification  vide No – K – 43013 (16)/1/2021 – SEZ dated 5th February 2021 and Instruction no.195 dated 5th February 2021....


MoF: Request for clarification that reimbursement of amount incurred by employee for COVID-19 treatment, or any other support provided by employer will not be treated as perquisite under the Income Tax Act, 1961

MoF: Request for clarification that reimbursement of amount incurred by employee for COVID-19 treatment, or any other support provided by employer will not be treated as perquisite under the Income Tax Act, 1961

Public Policy
May 19, 2021 265 0

During this unprecedented time, COVID support/relief has been one of the topmost priorities of employers. For example, employers are coming forward and supporting their employees by providing the following facilities to employees ...


Seeking Inputs: Draft Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council & Adjudication of Disputes of the Trade Unions Rules, 2021

Seeking Inputs: Draft Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council & Adjudication of Disputes of the Trade Unions Rules, 2021

Public Policy
May 19, 2021 22 0

Dear Members, The ministry of labour and employment earlier this month published ‘Draft Industrial Relations (Central) Recognition of Negotiating Union or Negotiating Council & Adjudication of Disputes of the Trade Unions R...


Update: Special Refund and Drawback Disposal Drive till May 31, 2021

Update: Special Refund and Drawback Disposal Drive till May 31, 2021

Public Policy
May 18, 2021 25 0 images

In order to provide immediate relief to business entities, Central Board of Indirect Taxes and Customs (CBIC) recently issued Instruction No.10/2021 dated May 13, 2021 for disposing pending customs refund, IGST refund an...


Covid-19: Deadline for ESIC contribution for the month of April 2021 extended till 15th June 2021

Covid-19: Deadline for ESIC contribution for the month of April 2021 extended till 15th June 2021

Public Policy
May 13, 2021 46 0

Dear all, In lieu of the current pandemic, the Employees' State Insurance Corporation (ESIC) vide notificationno.P-11/14-Misc/01/2019- Rev-II dated May 12, 2021, has extended the deadline for making the statutory contribution f...


Request for Inputs: SEBI Consultation Paper on review of regulatory framework of promoter, promoter group and group companies

Request for Inputs: SEBI Consultation Paper on review of regulatory framework of promoter, promoter group and group companies

Public Policy
May 12, 2021 135 0 images

Securities and Exchange Board of India (SEBI) has recently released a consultation paper to solicit comments from public on review of the regulatory framework of promoter, promoter group and group companies as per Securities and E...


Member Consultation: Suggestions for Group of Advisors to Regulations Review Authority

Member Consultation: Suggestions for Group of Advisors to Regulations Review Authority

Public Policy
May 11, 2021 39 0

  On 15 April, the Reserve Bank of India (RBI) announced setting up of new Regulations Review Authority (RRA 2.0) for a period of one year from 1 May 2021, to review the Central Banks’ regulations and compliance procedures...


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