Corporate Income Tax in India
WEBCorporate tax is levied on the income earned by companies at a rate varying between 20-40%, depending on the companies’ particulars. A company, whether Indian or foreign, is liable to pay CIT under the country’s Income Tax Act, 1961. Domestic corporations are registered under the Indian Companies Act and have their business and management ...
Women and Work in India: Trends and Analysis
WEBApr 18, 2022 · Despite experiencing structural improvements to their lives, such as decline in fertility rates and expansion of women’s education, India’s female LFPR is on a downward track. As per World Bank estimates, the female labor participation rate in India fell to 20.3 percent in 2019 – from more than 26 percent in 2005 and 31.9 percent in 1983.
ESG Reporting in India: BRSR Core, ERP Rules, & ISSB Standards
WEBJul 25, 2023 · India’s Updated Sustainability Reporting Format and Rules for ESG Ratings Providers. In July 2023, SEBI added new ESG metrics for mandatory disclosure under ‘BRSR Core’ for certain listed companies in India. The Business Responsibility and Sustainability Report (BRSR) format was initially introduced in May …
Indian Labor Laws - India Guide | Doing Business in India - India …
WEBThe major federal labor laws in India include: The Code on Wages, 2019: Regulates wage payment and minimum wages. The Industrial Relations Code, 2020: Governs industrial relations and dispute resolution. The Occupational Safety, Health, and Working Conditions Code, 2020: Sets standards for workplace safety and health.
India Identifies List of 30 Critical Minerals: Why Does it Matter
WEBApr 17, 2024 · India has released a list of 30 critical minerals crucial for its economic growth and development across sectors, such as energy, telecommunications, defense, and more. By producing this list, India is acknowledging the need to mitigate supply chain disruptions that could affect its access to these critical mineral resources.
Labor Laws in India – A Guide to Federal, State, and Industry …
WEBDec 26, 2018 · Certain federal laws, such as the Industrial Employment (Standing Orders) Act, 1946, affect all industrial establishments where 50 or more workmen are employed and in establishments where the Shops and Establishments Act is applicable.
India's Top Export Partners: Trends and 2023 Outlook - India Briefing
WEBJan 9, 2023 · The government estimates that India will achieve an export target of US$450 billion during FY 2023. During FY 2023 (April-November 2022), exports stood at US$295.26 billion, compared to US$265.77 billion in the same period last year, recording a growth of 11 percent. Key Export Procedures in India. As per a recent report by the economic think ...
RBI Monetary Policy 2022-23: Key Highlights - India Briefing
WEBApr 14, 2022 · We highlight the key takeaways from the first monetary policy announced by the central bank, Reserve Bank of India (RBI), for financial year 2022-23. While the policy stance remains accommodative, it aims to support growth over inflation. Overall, the RBI intends to establish a more neutral policy stance and will focus solely on price stability ...
India’s EV Production Capacity and Domestic Auto Market Trends
WEBFeb 5, 2024 · In 2023, the domestic EV market was dominated by Tata Motors (72 percent), followed by MG Motors (10.8 percent) and Mahindra (9 percent), with the top selling models being Tiago, Nexon and Tigor from Tata Motors, the MG ZS, and Mahindra XUV400. This is followed by Citroen’s eC3 EV at 3.5 percent market share.
India Skill Report 2023: Key Findings on Talent Availability
WEBAug 3, 2023 · The India’s Graduate Skill Index: 2023 report reveals a promising employability rate of 48 percent among Indian graduates in AI and ML roles. This finding underscores the presence of a robust talent pool capable of meeting the increasing demand in the cutting-edge technology sector. Backend …