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NASSCOM’s suggestions to address the KYC challenges faced by Prepaid Payment Instruments (PPIs)

Public Policy
July 12, 2019 2774 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

Bombay High Court: Dream11 is a game of skill, not chance; GST inapplicable on pooled amounts

Public Policy
July 12, 2019 1413 0

Facts of the Case:A Criminal Public Interest Litigation (“PIL”) was filed against Dream11, a fantasy sports platform based in India that allows users to play fantasy cricket, hockey, football, kabaddi and basketball. The PIL alleg...


Cloud Data Leak Prevention (DLP)

Cloud Data Leak Prevention (DLP)

Public Policy
July 8, 2019 581 0

In today’s data world, data breaches are commonplace. Not a day goes by without a headline about a massive data breach. Just to put this into perspective, there have been more than 14 billion records lost since 2013. The leaks com...


Blog

Policy Update: Launch of Complaint Management System by RBI

Public Policy
July 8, 2019 807 0

08.07.2019ContextIn a move aimed at improving its grievance redressal process, the Reserve Bank of India (RBI) launched a Complaint Management System (CMS) portal on 24 June. The portal acts as a single window for lodging complain...


Blog

Highlights of Union Budget 2019

Public Policy
July 6, 2019 2103 0 images

Union Budget 2019HighlightsFiscal deficit– The budget leans on curbing the increasing fiscal deficit.1 It retains the fiscal deficit target for 2020-21 at an ambitious 3% of the GDP. This indicates a focus on growth through ...


Blog

Government of Telangana Mandates Registration of Internal Complaints Committee (ICC) setup under POSH Act

Public Policy
July 4, 2019 4625 0

The Department of Women Development and Child Welfare of Government of Telangana has recently launched a Web-Portal to provide a single window access to women employees to register their complaint against Sexual Harassment at Work...


Blog

Policy Brief: Highlights of the U. K. Sinha led expert committee report on Micro, Small and Medium Enterprises

Public Policy
July 3, 2019 5825 0 images

Highlights of the U. K. Sinha led expert committee report on Micro, Small and Medium Enterprises03.07.2019ContextIn January, the Reserve Bank of India constituted an eight-member expert committee on micro, small and medium enterpr...


Blog

Masterclass on Intellectual Property – June 26, Bangalore

Public Policy
July 2, 2019 458 0

On 26th June, Nasscom organised an intellectual property (IP) awareness workshop in Bangalore for software product companies (including start-ups), aimed at covering the following:What is IP?Types of intellectual property rights (...


Blog

Nasscom's Submission on SEBI's Consultation Paper on Shares with Differential Voting Rights

Public Policy
July 1, 2019 1380 0 images

On 20th March, SEBI released a Consultation Paper on Issuance of shares with Differential Voting Rights, and invited public comments on the Consultation Paper by 20th April. The Consultation Paper recognises that the issue of shar...


Blog

GST Circular on treatment of post-sale discounts

Public Policy
July 1, 2019 5624 0

We wish to apprise you on a recent circular issued by Central Board of Indirect Taxes and Customs (“CBIC”) providing clarification on treatment of various post-sale discounts under GST vide Circular no. 105/ 24/ 2019 – GST (“new c...


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