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Requesting inputs on Consultation Paper on E-invoicing under GST

Public Policy
August 6, 2019 1790 0 images

As you might be aware, the GST Council in its 35th meeting held on June 21, 2019, had decided to introduce an Electronic invoice (E-invoice) on a voluntary basis from January 2020. The new system will lead to one-time reporting on...


Blog

Member Update: KYC challenges faced by Prepaid Payment Instruments (PPIs)

Public Policy
July 30, 2019 2035 0

ContextThe fintech industry continues to grapple with challenges around e-KYC. The recent circular from Ministry of Finance, dated May 9, 2019, has been much appreciated by the industry. However, the same has been rendered ineffec...


Blog

Policy Update: Highlights of the Aadhaar and Other Laws (Amendment) Act, 2019

Public Policy
July 30, 2019 3100 0

ContextOn 24 July 2019, the Union Cabinet approved the amendments to Aadhaar and Other Laws (Amendment) Bill, 2019. The bill, which has become an Act, seeks to amend the Aadhaar (Targeted Delivery of Financial and Other Subsidies,...


Blog

Telangana Govt Exempts IT/ITeS Companies from key provisions of Telangana Shops and Commercial Establishment Act for period of 5 years

Public Policy
July 29, 2019 4429 0

The Government of Telangana recently issued a notification dated 25.07.2019, exempting all IT/ITeS companies in the State from the provisions of Section 15 (Opening and Closing Hours), Section 16 (Daily and Weekly Hours of Work), ...


Blog

Policy Brief: Highlights of the inter-ministerial committee’s report on virtual currencies

Public Policy
July 25, 2019 1332 0

ContextOn 2 November 2017, a high-level inter-ministerial committee headed by the then economic affairs secretary Subhash Chandra Garg was set up to study the issues related to virtual currencies and propose specific action to be ...


Blog

Requesting inputs on SEBI’s Consultation Paper with respect to Resignation of Statutory Auditors from Listed Entities

Public Policy
July 25, 2019 811 0

The Securities and Exchange Board of India (SEBI) has released a consultation paper on Resignation of Statutory Auditors from Listed Entities. According to the paper, there have been a significant number of instances of abrupt res...


Blog

Nasscom asks govt to reconsider clarification on intermediary services

Public Policy
July 24, 2019 872 0

A circular from the Central Board for Indirect Taxes and Customs that was released last week said the services offered by the IT and ITeS sectors at the back end may attract 18% GSTNeha Alawadhi | NEW DELHILast Updated at July 24,...


Blog

Seeking Inputs: Draft Haryana Maternity (Amendment) Rules. 2019

Public Policy
July 23, 2019 2504 0

Haryana Government has recently published Draft Haryana Maternity (Amendment) Rules, 2019 , for setting up Creche facilities.  The rules are applicable to establishment with 50 or more employees in the State.Following are some of ...


Blog

ITeS/ BPO: Implications of the recent GST circular on intermediary services

Public Policy
July 22, 2019 2410 0

The GST Policy Wing, CBIC, Ministry of Finance released an important circular on 18.07.19 to address concerns raised by us in relation to IT enabled services (ITeS)/ BPO export services. The concern being that ITeS/ BPO export ser...


GDPR- And It's Impact on Cyber security

GDPR- And It's Impact on Cyber security

Public Policy
July 16, 2019 1044 0

General Data Protection Regulation (GDPR) is a replacement for the European Data Protection Legislation. On May 25th, 2018, after 20 years, GDPR denoted a first such major overhaul to the Data protection act of the European Union....


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