The National Association of Software and Services Companies(NASSCOM), today announced its recommendations... View Details
NASSCOM, a not-for-profit industry association, is the apex body for the 154 billion dollar Indian IT BPM industry.
Prime Minister Shri Narendra Modi, referred to NASSCOM as a “revolution”, beyond its time-tested role as an association.
Established in 1988, NASSCOM has relentlessly catalysed the Indian IT BPM industry in its journey towards building an innovation led growth sector, with transformative business models, expanding its value proposition and becoming a partner of choice for global businesses.
Latest At NASSCOM
NASSCOM Emerge 50 Awards - 2019
The 2019 edition of the awards is all set to get bigger and bolder. The competition is always getting tougher for India’s Most Innovative Top 50 Emerging Software Product Companies. The product landscape now exceeds the limit of software and finds synergy in hardware and other bodies of science. The jury too is stringent in their desire to recognize products that utilize deep technologies or those that are a results of intensive research. Vertical domain focus is an added advantage.
NASSCOM’s Direct Tax proposals for Union Budget 2019 and Consolidated suggestions related to GST
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 future source of revenues.
NASSCOM recommends extension of Service Exports from India Scheme (SEIS) for the FY 2019-20
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 offers incentives to the eligible service exporters in form of Duty Credit Scrip to offset various duties/ taxes.
AI Startups with Strong Social Impact Win Big At AI for Good Awards
The AI For Good awards, an initiative by the NASSCOM Center of Excellence DSAI and Government of Karnataka, was held on 25th May, 2019 at the Conrad Hotel, Bangalore. The winners were felicitated in the presence of several high-profile individuals from the industry and government. Gaurav Gupta, IAS and Principal Secretary of IT, BT and ST, Government of Karnataka was the chief guest for the event.
Brexit Update – Brexit Withdrawal Agreement Bill
On 14th May 2019, Downing Street announced that the Brexit Withdrawal Agreement Bill (WAB) will be brought for voting before UK MPs in the first week of June 2019. It looks likely that PM May will struggle to secure the requisite number of votes to pass the WAB given cross-party Brexit talks between Labour and the Tories now widely expected to fail.
White House Immigration Announcement – Overview and initial implications
On Thursday, May 16th 2019, President Trump delivered a Rose Garden address at the White House on his vision to modernize America’s immigration system. The immigration reform proposal was developed by Jared Kushner, President’s advisor. President Trump’s speech reflects the framework that was developed by Kushner, it is light on specific details and the President said he was leaving it up to Congress to develop the specific legislative language.
Report Release: The benefits & Challenges Of a Workplace Crèche
The report aims to better understanding of employers’ obstacles and opportunities (real and perceived) to comply with the new mandate. Importantly it shows how the new regulation can positively impact key business drivers such as talent management, parents’ (including women’s) retention, and ‘Employer of Choice’ status.
5th Lifesciences & Healthcare Innovation Forum: A Recap
The event was held on April 30th in New Delhi’s Shangri-La Eros Hotel was a resounding success. This was the first time the event was held in the capital, and witnessed its highest ever turnout of 170 attendees. With Digital Propulsion of Universal Healthcare as its central theme, there was enthused participation from various stakeholders including hospitals, healthcare enterprises, technology entities, startups and most notably, a strong representation from policy makers and government.
CBRE-NASSCOM join hands to support tech startups looking to transform real estate
Property consultant CBRE has tied up with NASSCOM to identify and support startups that seek to transform Indian real estate sector with technological innovations. CBRE South Asia Pvt. Ltd. will conduct a 'Proptech Challenge' in collaboration with NASSCOM, which aims to identify budding startups working towards innovating and building technology solutions for the real estate sector.
Technology enables the Differently-abled to vote in Kerala
The Ernakulam constituency has about 9000 voters who are differently-abled – PwD. Till this election, the district authorities did not have aclear idea(read analysis)onhow many are able to successfully cast their votesdespitethe difficulties faceddue to their physical conditions. It was largely left to the political parties to make special arrangements for them to go to the booth and do the needful. A NASSCOM meeting with the Ernakulam District Collector Shri Muhammed Safirulla got this whole initiative started. The idea was to
Cyber Insurance in India: Mitigating risks amid changing regulations & uncertainities
Cyber Insurance global market is expected to grow at a CAGR of 27% from 4.2 Bn to 22.8 Bn from 2017 to 2024. In India, it’s at a nascent stage with 350 policies sold till 2018 but with a high adoption rate of 40% Y-o-Y growth from 2017 to 2018. The report succinctly captures the overall Cyber Insurance market insights globally and of India, drivers and challenges, and important prerequisites to make an informed decision.
Member consultation: CBDT’s draft rules on attribution of profits to PEs
The CBDT has on 18.04.19 released draft rules on attribution of profits to permanent establishments. These would have widespread ramifications for multinational companies that are having sales in India or users in India. The rules appear to be timed with a view to pre-empt the discussions on the digital economy at the OECD/ G20 and could also be a harbinger of the significant economic presence criteria.
"NASSCOM works with diverse stakeholders to build focused initiatives that enable the growth of the sector through policy advocacy, skill building, research, startup programs, facilitate business and increase industry outreach."
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 Government. The GST Council meeting concluded with consensus on the following matters: Extension of due dates: Due dates for filing of annual returns in form GSTR-9, GSTR-9A and reconciliation statement in GSTR-9C (Audit report) extended from 30th June to 31 August 2019 – Considering the difficulties faced by the industry in reconciling financials and GST...