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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 79 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 89 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 23 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 ...


MoF - Submission on key GST issues being faced by the IT/ ITeS and ecommerce industry

MoF - Submission on key GST issues being faced by the IT/ ITeS and ecommerce industry

Public Policy
June 3, 2024 61 0

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 GST. Pursuant to the meeting, we have made a ...


Call for Inputs: feedback on the Indian Standard on Online Consumer Reviews

Call for Inputs: feedback on the Indian Standard on Online Consumer Reviews

Public Policy
May 30, 2024 54 0

Background In November 2022, the Department of Consumer Affairs, Ministry of Consumer Affairs, Food and Public Distribution (DoCA) launched a framework for safeguarding and protecting consumer interest from fake and deceptive r...


Feedback on the Committee on Digital Competition Law Report and draft Digital Competition Bill, 2024

Feedback on the Committee on Digital Competition Law Report and draft Digital Competition Bill, 2024

Public Policy
May 17, 2024 348 0 images

On May 15, 2024, nasscom submitted feedback on the Report of the Committee on Digital Competition Law (CDCL) and draft Digital Competition Bill, 2024 (DCB). Our overall position is that before government adopts a new ex-ante l...


NASSCOM PUBLIC POLICY HIGHLIGHTS, VOL 6, ISSUE 5, MAY 2024

NASSCOM PUBLIC POLICY HIGHLIGHTS, VOL 6, ISSUE 5, MAY 2024

Public Policy Monthly Newsletters
May 7, 2024 64 0

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


MoF: Meetings on GST, Corporate Tax and Transfer Pricing issues

MoF: Meetings on GST, Corporate Tax and Transfer Pricing issues

Public Policy
May 3, 2024 88 0

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 GST and corporate tax and also increase the g...


NASSCOM-ISPA ROUNDTABLE ON SPACETECH ECOSYSTEM

NASSCOM-ISPA ROUNDTABLE ON SPACETECH ECOSYSTEM

Public Policy
May 3, 2024 77 0

Background In recent years, the government has taken considerable steps to enable the participation of non-government entities (NGEs) in India’s space sector. For instance, in 2023, India announced its Space Policy to facilitat...


Feedback on TRAI Consultation Paper on Inputs for formulation of National Broadcasting Policy-2024

Feedback on TRAI Consultation Paper on Inputs for formulation of National Broadcasting Policy-2024

Public Policy
May 2, 2024 47 0 images

We responded to the TRAI Consultation Paper on “Inputs for formulation of National Broadcasting Policy-2024”. Our principal recommendations are as follows (see attachment for detailed feedback.): 1. The nature of provision of ...


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