NASSCOM: Request for proposals for Pre-Budget Memorandum 2021-22
Blog: NASSCOM Official Blog
Based on inputs received from members for Union Budget 2020-21, we have been able to highlight and address some of the major concern areas of IT-BPM industry. Copy of our last year’s Pre-Budget Memorandum submitted is attached for your reference.
It’s again time to give you a heads-up for pre-budget engagements for the year 2021-22. In this regard, we have started the process of preparing NASSCOM’s Pre-Budget Memorandum 2021-22 (PBM) to be submitted to Ministry of Finance. Based on our last year’s submission, we plan to structure this year’s PBM with to suggest measures to boost Indian economy post COVID-19 and to sustain global competitiveness of Indian IT-BPM sector. The major heads of the documents are as follows:
- Export promotion
- Measures to boost economy post COVID-19
- Incentivizing R&D in India
- Incentivizing talent and skilling
- Measures to support Start-ups and MSMEs
- Ease of Doing Business
As far as indirect taxes are concerned, we also plan to submit an updated memorandum to highlight issues faced by our industry under Goods & Services Tax Act (GST).
We look forward to your inputs.