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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 317 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...


Rajya Sabha Committee recommends revision of Consumer Protection (e-Commerce) Rules, 2020

Rajya Sabha Committee recommends revision of Consumer Protection (e-Commerce) Rules, 2020

Public Policy
April 15, 2021 125 0

On March 24, 2021, the Rajya Sabha Committee on Subordinate Legislation presented its Report on the Consumer Protection (e-Commerce) Rules, 2020 (e-Commerce Rules). The Committee examined the e-Commerce Rules and related areas in ...


GST: Submission requesting for inclusion of IT/ ITeS and OIDAR under list of notified goods and services under S.16(4) of IGST Act

GST: Submission requesting for inclusion of IT/ ITeS and OIDAR under list of notified goods and services under S.16(4) of IGST Act

Public Policy
April 13, 2021 105 0

As you may be aware, S.16(3) of Integrated Goods and Services Tax Act, 2017 (IGST Act) allows a registered person making zero-rated supplies to claim refund as per provisions of S. 54 of Central Goods and Services Tax Act, 2017 (C...


Policy Update: RBI makes interoperability of PPIs compulsory, announces other steps to promote digital payments

Policy Update: RBI makes interoperability of PPIs compulsory, announces other steps to promote digital payments

Public Policy
April 12, 2021 33 0

Context On 7 April 2021, the Reserve Bank of India (RBI) made several significant announcements pertaining to promotion of digital payments in its Statement on Developmental and Regulatory Policies (DRP Statement). Th...


Survey: Request for details of cases interpreted as Intermediary under GST

Survey: Request for details of cases interpreted as Intermediary under GST

Public Policy
April 9, 2021 12 0

As you are aware, our industry has been facing a vexing issue wherein back office support services provided by ITeS is being incorrectly qualified as ‘intermediary services’, resulting in levy of 18% GST. NASSCOM has been dili...


MCA update: Companies permitted to implement transparent accounting software from April 1, 2022

MCA update: Companies permitted to implement transparent accounting software from April 1, 2022

Public Policy
April 5, 2021 41 0 images

Ministry of Corporate Affairs (MCA) has, vide issue of Companies (Accounts) Second Amendment Rules, 2021 dated April 1, 2021, extended the deadline for mandatory adoption of accounting software having audit trail of each and every...


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