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Seeking Inputs: Amendments to PF Act, 1952

Public Policy
August 28, 2019 1042 0

The Ministry of Labour and Employment has published draft The Employees’ Provident Funds and Miscellaneous Provisions (Amendment) Bill 2019, seeking stakeholder’s inputs. Following are the some of the key amendments proposed.Defin...


Blog

Karnataka Government notifies Karnataka Maternity Benefit (Amendment) Rules 2019

Public Policy
August 22, 2019 4182 0 images

The Government of Karnataka has notified the Karnataka Maternity Benefit (Amendment) Rules 2019 pertaining to Creche facilities. The Rules are applicable to commercial establishment with 50 or more employees in the State.  They ha...


Blog

Policy Update: Finance Ministry introduces digital KYC under PMLA

Public Policy
August 21, 2019 4241 0 images

ContextThe Ministry of Finance (Department of Revenue) has introduced digital KYC (know your customer) by amending the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, it said in a gazette notification dated 19...


Blog

Committee Report on New Direct Tax Code

Public Policy
August 21, 2019 1467 0

On August 19, 2019, task force headed by Akhilesh Ranjan, Member, Central Board of Direct Taxes (CBDT) submitted its report to Finance Minister Nirmala Sitharaman. This is a significant development as the report seeks to replace 5...


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Nasscom's Recommendations on Promoting R&D Ecosystem for IT & BPM Industry in India

Public Policy
August 21, 2019 1281 0

Nasscom recently submitted its recommendations to the Office of the Principal Scientific Adviser (PSA) on promoting R&D ecosystem for IT & BPM industry in India. Please find below the key highlights from our recommendation...


Blog

Sabka Vishvas (Legal Dispute Resolution) Scheme, 2019

Public Policy
August 19, 2019 1162 0 images

The Finance Minister in her maiden budget introduced Sabka Vishwas (Legacy Dispute Resolution) 2019 (LDRS) in order to “unload the baggage of more than INR 3.75 lakh crores blocked in litigation in service tax and excise and allow...


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Policy Update: RBI changes NEFT timings, expands the scope of BBPS, among others

Public Policy
August 9, 2019 918 0

ContextOn 7 August, the Reserve Bank of India (RBI) announced a slew of policy measures aimed at accelerating the adoption of digital payments in the country. These include, revision of National Electronic Funds Transfer (NEFT) ti...


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CBDT Clarification on start-up companies' assessment involving Sec 56(2)(viib) issue

Public Policy
August 8, 2019 1549 0 images

CBDT has recently issued Circular No. 16/2019 dated August 7, 2019 providing clarification on assessment of start-up companies involving application of Section 56(2)(viib) of the Income Tax Act, 1961. The clarification provides pr...


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Member Consultation: Draft e-Commerce Guidelines for Consumer Protection 2019

Public Policy
August 7, 2019 1108 0

On 2 August, the Department of Consumer Affairs under the Ministry of Consumer Affairs, Food & Public Distribution, issued draft guidelines on e-commerce for protection of consumers’ interest. It proposes a slew of consumer sa...


Blog

Policy Brief: Draft e-Commerce Guidelines for Consumer Protection 2019

Public Policy
August 6, 2019 1313 0 images

ContextOn 2 August, the Department of Consumer Affairs under the Ministry of Consumer Affairs, Food & Public Distribution, issued draft guidelines on e-commerce for protection of consumers’ interest. It proposes a slew of cons...


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