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Exemption from furnishing of Annual Return / Reconciliation Statement for suppliers of OIDAR

Public Policy
July 1, 2019 542 0 images

Central Board of Indirect Taxes and Customs (CBIC) recently issued Notification No.30 /2019 – Central Tax dated June 28, 2019 clarifying that furnishing of Annual Return / Reconciliation Statement in form GSTR 9 and GSTR 9C is not...


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Policy Brief: Highlights of the High Level Committee report on Deepening Digital Payments

Public Policy
June 25, 2019 2519 0

Highlights of the High Level Committee report on Deepening Digital Payments25.06.2019ContextIn January, the RBI had constituted a high-level committee headed by Aadhaar architect Nandan Nilekani to set up a robust digital payments...


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Update - Summary of decisions taken in 35th GST Council meeting

Public Policy
June 24, 2019 667 0 images

The 35th meeting of GST council was held on 21 June 2019 under the chairmanship of Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. This was the first meeting of the Council after the swearing in of the new ...


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NASSCOM's Feedback on SEBI’s Discussion Paper on Framework for Regulatory Sandbox

Public Policy
June 19, 2019 1257 0 images

At the outset, we would like to congratulate the Securities and Exchange Board of India (SEBI) for taking this positive step towards seeking public comments on an important piece of regulation. As the representative of the informa...


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NASSCOM’s Direct Tax proposals for Union Budget 2019 and Consolidated suggestions related to GST

Public Policy
June 14, 2019 2202 0

NASSCOM has submitted a detailed memorandum containing suggestions for Union Budget 2019. Our suggestions are encapsulated in seven themes. We believe the proposed measures shall consolidate existing growth drivers and build futur...


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Policy Advocacy: Public sector procurement to have more conducive framework to help start-ups

Public Policy
June 14, 2019 922 0

Very recently my startup thought of exploring the requirements in the public sector with the Government of India, thanks to the opportunity listing of tenders provided by Nasscom. It is a great initiative to make innovative startu...


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Nasscom's Comments on the Draft Approach Paper on ITT Control Mechanism

Public Policy
June 13, 2019 1042 0 images

Recently, MeitY circulated a draft Approach Paper on Intangible Technology Transfer (ITT) Control Mechanism. Nasscom submitted its comments on the draft Approach Paper to MeitY based on the inputs received from its members.In its ...


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Requesting inputs on SEBI's Discussion Paper on Framework for Regulatory Sandbox

Public Policy
June 13, 2019 33278 0

The Securities and Exchange Board of India (SEBI) has proposed a framework for regulatory sandbox where financial institutions regulated by it shall be granted certain facilities and flexibilities to experiment with FinTech soluti...


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NASSCOM's Comments on SEBI's IGP Consultation Paper

Public Policy
June 10, 2019 619 0 images

NASSCOM welcomed and provided its comments on the SEBI’s Consultation Paper dated May 20, 2019 proposing norms for allowing Innovators Growth Platform (‘IGP’) listed entities to trade under regular category of main boa...


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NASSCOM recommends extension of Service Exports from India Scheme (SEIS) for the FY 2019-20

Public Policy
June 6, 2019 4163 0

The Service Exports from India Scheme (hereinafter referred to as ‘SEIS’) was introduced by Government under the Foreign Trade Policy 2015-2020, with an objective to promote exports of certain services from India. The scheme offer...


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