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Impact of Supreme Court's recent ruling on 'basic wages' for computation of PF contributions

Public Policy
April 4, 2019 4393 0

The Hon’ble Supreme Court of India (“SC”) in its judgment dated February 28, 2019 has altered the long understood legal position relating to ‘basic wages’ for computing provident fund (“PF”) contributions under the Employees’ Prov...


Blog

NASSCOM’s comments on the draft e-commerce policy

Public Policy
April 3, 2019 3226 0 images

NASSCOM has submitted comments on the draft policy released by the DPIIT, Ministry of Commerce on February 22, 2019 for public comments.Our feedback focuses on the scope and objectives of the policy and three key themes – consumer...


Blog

Seeking Inputs: TRAI Consultation Paper on Review of Terms and Conditions for registration of Other Service Providers (OSPs)

Public Policy
April 2, 2019 1486 0

The Telecom Regularity Authority of India  (TRAI) has recently published a consultation paper on registration of Other Service Providers (OSPs). The consultation paper aims to obtain views from the stakeholders on the review of th...


Blog

NASSCOM Suggestions on Corporate Social Responsibility (CSR) provisions in Companies Act, 2013

Public Policy
April 1, 2019 1251 0 images

Nasscom has submitted its feedback to the High Level Committee on Corporate Social Responsibility-2018 (HLC-2018) formulated by Ministry of Corporate Affairs (MCA). The HLC-2018 had invited comments to review the existing corporat...


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NES Global: AAR Maharashtra rules that back-office operations will be considered as export of services

Public Policy
April 1, 2019 1068 0

A recent ruling by Authority for Advance Ruling (AAR), Maharashtra, in the case of NES Global Specialist Engineering Services Private Limited (the Applicant) has ruled that that back-office operations will be considered as export ...


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Customs notification: Extension of upfront exemption from IGST for Export Oriented Units till March 31, 2020

Public Policy
March 26, 2019 1321 0 images

Department of Revenue has issued notification no 9/2019-Customs dated March 25, 2019 to give effect to notification issued by Ministry of Commerce & Industry recently extending exemption from IGST and compensation cess to EOUs...


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Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019

Public Policy
March 26, 2019 3486 0 images

Maharashtra State government, vide Trade Circular No 9T of 2019 dated March 8, 2019 has promulgated the Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Ordinance, 2019 with a view to reduce arrears of tax, ...


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Request for suggestions on SEBI report on issuance of shares with Differential Voting Rights (DVRs)

Public Policy
March 25, 2019 823 0 images

Securities Exchange Board of India (SEBI) has released a report on “Issuance of shares with Differential Voting Rights (DVRs)” for public consultation (attached).The Consultation Paper presents an analysis of evolution of DVRs mor...


Blog

Extension of upfront exemption from IGST for Export Oriented Units till March 31, 2020

Public Policy
March 21, 2019 5684 0 images

We are pleased to inform you that the benefit of upfront exemption from Integrated GST and cess for Export Oriented Units have been extended for a period of 1 year, i.e, till March 31, 2020.  In this regard, Ministry of Commerce &...


Presentation: Webinar on Recent Supreme Court Ruling on Basic Wages for the Purpose of PF Contributions , March 19th 2019

Presentation: Webinar on Recent Supreme Court Ruling on Basic Wages for the Purpose of PF Contributions , March 19th 2019

Public Policy
March 20, 2019 2165 0 images

This presentation is based on Webinar on Recent Supreme Court Ruling on Basic Wages for the Purpose of PF Contributions that was held yesterday.  


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