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MCA: Submission requesting for clarification that COVID-care centres/makeshift hospitals established by employers for use by employees/ family members during COVID-19 pandemic will qualify as CSR

MCA: Submission requesting for clarification that COVID-care centres/makeshift hospitals established by employers for use by employees/ family members during COVID-19 pandemic will qualify as CSR

Public Policy
May 10, 2021 42 0

As you are aware, Ministry of Corporate Affairs (MCA) recently issued General Circular No. 05/2021 dated April 22, 2021 and General Circular No. 09/2021 dated May 5, 2021 clarifying use of CorpoSR funds for setting up makeshift ho...


MoF: Submission requesting for relaxation of compliance provisions under Income Tax Act, 1961 amidst the COVID-19 pandemic

MoF: Submission requesting for relaxation of compliance provisions under Income Tax Act, 1961 amidst the COVID-19 pandemic

Public Policy
May 5, 2021 289 0

Based on inputs from the Industry, NASSCOM made a representation to Ministry of Finance (MoF) on May 4, 2021 highlighting the following issues: A) Deferral of implementation of S.194Q of Income Tax Act, 1961 (IT Act) S. 1...


GST: Submission highlighting key GST issues faced by e-commerce industry

GST: Submission highlighting key GST issues faced by e-commerce industry

Public Policy
April 29, 2021 400 0 images

E-commerce sector is on a growth trajectory and has a cascading effect on all sectors of the economy with the potential to reshape the Indian economy as we move forward into the next decade. Tax compliance is an important aspec...


Ministry of Commerce : All SEZs can set up 50 bed hospital within SEZ units

Ministry of Commerce : All SEZs can set up 50 bed hospital within SEZ units

Public Policy
April 27, 2021 416 0 images

Based on industry request, Ministry of Commerce (MoC) had in Dec 2020, clarified to all the SEZs that upto 50 bed hospital can be set up within the SEZ units. Earlier, Instruction no. 50 dated 15.03.2016 issued by the govt, al...


MCA: Submission highlighting challenges faced by Industry in disclosure of employee remuneration and filing form AOC-4

MCA: Submission highlighting challenges faced by Industry in disclosure of employee remuneration and filing form AOC-4

Public Policy
April 27, 2021 132 0

Based on inputs from the Industry, NASSCOM made a representation to Ministry of Corporate Affairs (MCA) on April 27, 2021 highlighting the following issues: A) S.197 of Companies Act, 2013 read with Rule 5(2), 5(3) of ...


MCA Update: Setting up makeshift hospitals and temporary COVID care facilities will be considered as eligible CSR activity

MCA Update: Setting up makeshift hospitals and temporary COVID care facilities will be considered as eligible CSR activity

Public Policy
April 23, 2021 31 0 images

The Ministry of Corporate Affairs (MCA), vide issue of General Circular No. 05/2021 dated April 22, 2021, has clarified that spending of CSR funds for setting up “makeshift hospitals and temporary Covid care facilities” would be t...


Creating awareness on Export Control Framework Related to Technology Transfer including Intangible Technology Transfer

Creating awareness on Export Control Framework Related to Technology Transfer including Intangible Technology Transfer

Public Policy
April 22, 2021 316 0

Many countries impose export control measures to restrict the export of dual-use items, software and technology. The dual use nature of technology is what gives rise to the need for controlling it. ‘Dual use’ refers to the ability...


National Single Window System : DPIIT seeks feedback on portal

National Single Window System : DPIIT seeks feedback on portal

Public Policy
April 20, 2021 146 0 images

Govt of India is currently developing a National Single window system, which will allow investors to identify and apply various pre-operations approvals required for commencing a business in India. This portal, Maadhyam, will s...


GST: White Paper on place of supply tax position under GST for e-Commerce

GST: White Paper on place of supply tax position under GST for e-Commerce

Public Policy
April 19, 2021 87 0 images

With the second largest consumer base in the world, Indian e-commerce accounted for 4.3% of the total retail market in FY 2019-20 and is estimated to grow at 3-4X the rate of traditional brick and mortar retail. Moreover, this seg...


Leveraging e-Commerce in the fight against Covid-19

Leveraging e-Commerce in the fight against Covid-19

Public Policy
April 15, 2021 39 0

Today, as India struggles with a second wave of the pandemic, we are witnessing new restrictions being imposed by various state governments including on e-commerce activities. Government of Maharashtra has restricted online delive...


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