Finance Minister, Nirmala Sitharaman announced stimulus to help economic revival in wake of COVID-19. Out of these measure a major portion was announced for businesses in MSMEs category. Some of the important measures announced and that may directly benefit MSMEs in Software product eco-system are as given below. Collateral free loan of Rs 3 lakh […]

National Policy on Software Product provides for creating a HS Code under Strategy item 1 for “Promoting Software Products Business Ecosystem” The tax regime will be demarcated for ‘Software Products’ from ‘Software Services’, by providing clearly defined HS Code for the “Software products (intangible goods)” delivered through any medium; physically or online using internet (to […]

Shri Rajiv Kumar Joint Secretary in-charge of National Policy on Software Products (NPSP 2019) and Senior Director Dr. A K Garg met 20 SaaS companies founders and leader in Chennai on 13th March 2019. At meeting it was discussed that NPSP announced by Government of India on 28th February will soon create a National Software Product […]

It is a moment of delight at iSPIRT to see Govt. of India setting its focus on “Software Product”, with the announcement of National Policy on Software Products by government of India on 28th February 2019. The policy framed by Ministry of Electronics and Information Technology (MeitY) is aimed to sustain India as a global […]

Ministry of Electronics and Information Technology (Meity) has put up a new set of draft rules for the IT Act, and is inviting feedback. The draft rules mostly relates to governing violations on social media. The Draft is given at: http://meity.gov.in/content/comments-suggestions-invited-draft-%E2%80%9C-information-technology-intermediary-guidelines It contains a link to the new rules: http://meity.gov.in/writereaddata/files/Draft_Intermediary_Amendment_24122018.pdf This PolicyHacks recording was done […]

iSPIRT has been actively engaged in pursuing the favourable policy for the Cloud Telephony sector in Telecom Industry, an amalgamation of the various IT and Communications technologies. National Digital Communication Policy has been announced recently and it is encouraging to see the announcements in the policy on some common issues to do with Startup ecosystem […]

Data protection and privacy have been a topic of hot debates and discussion in recent times in India. It had become extremely important as India is progressing to a be a “Digital economy” to address this issues relating to the use of personal data. iSPIRT has been in forefront of developing Consent Framework and called […]

The government of India had announced a Preferred Market Access (PMA) policy for Cyber Security products through an order notifying the Public Procurement (Preference to Make in India). MeitY shall be the nodal Ministry to monitor and administer this PMA policy. The policy announcement is given at link given here.  Public Procurement (Preference to Make […]

Here are concerns and curiosity about European Union General Data Protection Regime (GDPR) and there is a related issue in India being covered under Data Empowerment and Protection Architecture (DEPA) layer of India Stack being vigorously followed at iSPIRT. iSPIRT organised a Policy Hacks session on these issues with Supratim Chakraborty (Data Privacy and Protection […]

GST regime has brought a new dimension to treatment of Indirect taxation in Exports. Prior to GST era, the export invoice had no Indirect tax mentions. So also, the indirect tax returns had nothing to do with Exports. After GST implementation, to make the GST truly value added and consumption-based tax a concept of Zero-Rate […]