India Skill Report 2023: Key Findings on Talent Availability
2023年8月3日 · The India Skill Report 2023 reveals improvement in overall employability among young people, increasing from 46.2 percent to 50.3 percent this year. Additionally, the employable women workforce has risen significantly to 52.8 percent, surpassing the employability rate of men at 47.2 percent.
FDI in India FY 2023-24: Top State and Sector Beneficiaries
2024年6月26日 · In the fiscal year 2023-24 (FY24), foreign direct investments (FDI) into India fell to a five-year low, recording a total inflow of US$44.4 billion. This marked a slight decline from the US$46 billion received in the previous fiscal year, influenced by global economic uncertainties and a growing trend of inward-looking capital allocation among nations.
MCA Tightens Grip on Corporate Non-Compliance in India
2024年7月11日 · India’s Ministry of Corporate Affairs (MCA) has intensified its enforcement actions to ensure stricter adherence to regulations, despite efforts to reduce compliance burdens for Indian companies. Various Registrars of Companies (RoCs) issued a total of 321 orders in the June quarter this year for alleged violations under the Companies Act.
Transfer Pricing Regulations in India: An Overview - India Briefing
2021年10月19日 · The expression “transfer pricing” includes the value attached to transfers of goods, services, and technology between related entities as well as value attached to transfers between unrelated parties with a common ownership or control. In India, law relating to transfer pricing is codified in the Income Tax Act, 1961.
What is the Status of India’s Four New Labor Codes? - India Briefing
2022年2月24日 · We track the status of India’s four new labor codes as respective state governments are expected to release draft rules for implementation. We also provide a list of the draft rules released by the central government on each of the codes. The four labor codes are the Code on Wages, 2019; Industrial Relations Code, 2020; the Code on Social ...
GIFT City: India’s Rising Star for Foreign Portfolio Investors
May 28, 2024Posted by India Briefing Written by Archana Rao Reading Time: 4minutes. India’s GIFT City is gaining traction among foreign portfolio investors, who are opting for it over traditional investment routes via Mauritius or Singapore. This shift is primarily attributed to the tax benefits and improved ease of doing business in GIFT ...
The Labor Market in India: Structure and Costs
2019年1月17日 · India offers competitive advantages with its lower wage structure and access to a vast labor market. For instance, the average for contract workers in India is US$148 per month (Rs 10,000) and US$234 in China. Employers should note that the minimum wage in India is indicative; it is often utilized as a benchmark, especially in the employment of ...
India's Tier-2, Satellite Cities Emerging as Major Talent Hubs
2024年5月30日 · India’s tier-1, tier-2, and satellite cities like Hyderabad, Navi Mumbai, Chennai, Pune, Gurugram, and Bengaluru have become specialized hiring hubs and are rising to the increasing demand from recruiters seeking diverse talent. In 2023, India’s population aged between 18 and 35 years was more than 600 million, with approximately 65 percent ...
India-New Zealand Bilateral Relations: A Strategic Partnership
2024年9月12日 · India’s trade relations with New Zealand have experienced fluctuations in recent years. While India’s exports to New Zealand grew steadily between 2019 and 2023, they saw a slight decline in 2024. Meanwhile, imports from New Zealand have faced sharper fluctuations, particularly in commodities such as dairy products, iron and steel, and fruit.
An Introduction to Overtime in India: Rules and Procedures
2016年8月31日 · Overtime Laws for Women and Children. The Factories Act, 1948 restricts the employment of women between 7:00 pm and 6:00 am, which can be relaxed by the Chief Inspector of factories in certain cases. If such a relaxation of stipulated working hours exceeds the normal period of working hours, employees will be eligible for overtime compensation.