<p>In a bid to ensure ease of doing business for the IT industry especially BPO and IT-enabled services, the Department of Telecom has decided to do away with the registration requirements for Other Service Providers (OSPs). </p>.<p>The new guidelines, which were issued by the DOT, will reduce the compliance burden of the BPO industry.</p>.<p>The registration requirement for OSPs has been done away with altogether and the BPO industry engaged in data-related work has been taken out of the ambit of OSP regulations, said a statement from the DOT. <br /><br />Requirements for BPOs including a deposit of bank guarantees, static IPs, frequent reporting obligations, the publication of network diagram, and penal provisions have also been removed.<br /><br />Several other requirements, which prevented companies from adopting ‘Work from Home’ and ‘Work from Anywhere’ policies have also been removed.<br /><br />In the new guideline, BPO Industry also gets additional dispensations to enhance flexibility, a new framework to provide a strong impetus to India’s industry, said the statement.<br /><br />Earlier NASSCOM had requested the government to simplify another service provider (OSP) guidelines to reduce compliance burden of BPO Industry.<br /><br />The new framework will provide a strong impetus to India’s industry and will make India one of the most competitive IT jurisdictions in the world, said the Ministry.<br /><br />With this reform, the Government of India sends out a strong signal of its support to the IT industry with a view to encouraging increased investment in the sector, said the statement.</p>
<p>In a bid to ensure ease of doing business for the IT industry especially BPO and IT-enabled services, the Department of Telecom has decided to do away with the registration requirements for Other Service Providers (OSPs). </p>.<p>The new guidelines, which were issued by the DOT, will reduce the compliance burden of the BPO industry.</p>.<p>The registration requirement for OSPs has been done away with altogether and the BPO industry engaged in data-related work has been taken out of the ambit of OSP regulations, said a statement from the DOT. <br /><br />Requirements for BPOs including a deposit of bank guarantees, static IPs, frequent reporting obligations, the publication of network diagram, and penal provisions have also been removed.<br /><br />Several other requirements, which prevented companies from adopting ‘Work from Home’ and ‘Work from Anywhere’ policies have also been removed.<br /><br />In the new guideline, BPO Industry also gets additional dispensations to enhance flexibility, a new framework to provide a strong impetus to India’s industry, said the statement.<br /><br />Earlier NASSCOM had requested the government to simplify another service provider (OSP) guidelines to reduce compliance burden of BPO Industry.<br /><br />The new framework will provide a strong impetus to India’s industry and will make India one of the most competitive IT jurisdictions in the world, said the Ministry.<br /><br />With this reform, the Government of India sends out a strong signal of its support to the IT industry with a view to encouraging increased investment in the sector, said the statement.</p>