Under fixed-term employment, workers are entitled to all statutory benefits available to a permanent worker in the same factory. However, employers may not give notice to a fixed-term worker on non-renewal or expiry of his or her contract.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
As the debate on alleged black money stashed by Indians in Swiss banks continues, Switzerland on Monday said it is looking forward to working together with the new government of India in its fight against tax evasion.
The world, he said, needs to move towards a transparent and flexible market for both oil and gas.
Multinational companies operating in India will soon have to disclose details of their operations at the country of residence and their revenue income to the Income Tax authorities.
The Budget has unveiled measures that should now pave the way for India to progress from Make in India to 'Innovate in India'.
If India Inc sincerely feels the separation of posts is not a good governance measure, it must spell out its doubts clearly to Sebi and give cogent arguments rather than mundane ones like India is different, argues J N Gupta, member, Kotak committee on corporate governance reforms.
The absence of criminal legal treaties between India and tax haven nations have been cited by probe agencies working in the SIT on black money as one of the major impediments in initiating steps to bring back illegal funds stashed abroad by Indians.
Switzerland has been perceived for long as a safe haven for alleged illicit funds or black money
The Swiss Finance Ministry spokesperson recently confirmed that a meeting is expected in the coming weeks, but did not disclose any further details.
India and Cyprus had entered into a Double Taxation Avoidance Agreement in 1994.
It accounted for over a third of foreign direct investment flows into India between 2000 and 2015
India has a long way to go to catch up with Thailand let alone the US.
'It is clear that Britain is a country with a limited future,' says Rajeev Srinivasan.
India's growth slowed in three months through December from a revised 7.4% expansion in the previous quarter, but it was much stronger than expected.
The statement said that the global economy is being held back by a shortfall in demand, while addressing supply constraints is key to lifting potential growth.
Indian equities are in a multi-year bull story with capex cycle recovery as the main driver.
Totally 13 global brands were surveyed by NGO on whether they ensured human right protection while sourcing when gold and diamonds
Decoding four important provisions in the Finance Bill 2018.
The Global Terrorism Index 2017 released by the Australia-based Institute for Economics and Peace provides a comprehensive summary of the key global trends and patterns in terrorism over the last 17 years in covering the period from the beginning of 2000 to the end of 2016. According to the report, this is the second consecutive year, deaths from terrorism declined. Over the two years there was a decrease of 22 per cent compared to the peak of terror activity in 2014. Terrorism deaths have fallen significantly in Syria, Pakistan, Afghanistan and Nigeria. However, Islamic State defied this positive trend with over 9,000 deaths, primarily in Iraq and increased activity in OECD countries.
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Experts of both the countries will meet by mid-September 2016 to further discuss the modalities for the reciprocal bilateral implementation of AEOI between India and Switzerland with a view to reaching an agreement at the earliest, possibly by the end of the year
The basics and history of India's tax policy suggests that increase in the number of taxpayers has occurred and so has compliance with a reduction of tax slabs and moderate rates of tax.
Government tenders could soon go to bidders who promise to train highest number of youth.
Official GDP data for the second quarter of the current fiscal year ending March are due to for release this Friday.
Echoing Prime Minister Narendra Modi's views that improving the health of financial markets alone cannot fuel growth, G20 business leaders on Friday said vigorous efforts should be made to go beyond fiscal and monetary policy to kickstart world economy and create jobs.
Government looking at cushioning slowdown due to demonetisation with sops and higher outlay for micro, small and medium enterprises, agriculture, and affordable housing.
There are still bumps in the road ahead for Swiss banks.
Obama to push for expansion of Foreign Account Tax Compliance Act.
Under the amended treaty with Mauritius, for two years beginning April 1, 2017, capital gains tax will be imposed at 50 per cent of the prevailing domestic rate.
Neutrality and jurisdiction in international trade need to be discussed threadbare before GST is implemented in India.
'The tax avoidance in India is done as much by the wealthy as the lower class.' 'There is no difference in ethics and culture and morality, and no difference in tax-paying behaviour between various Indian classes, whether educated or not,' says Aakar Patel.
Soaring output has left the world awash with cheap crude as supply exceeds demand by 1 million to 2 million barrels per day
Two Indian women figure among scores of foreign nationals with Swiss bank accounts, whose names have been made public by Switzerland in its official gazette for being probed in their respective countries.
India has been probing hundreds of black money cases.
Chaos in Parliament threw a spanner in the government's efforts to revive the economy and kick-start reforms.
Modi is keen to get more investments into Gujarat.
Identity of 427 account holders abroad has been established and 250 of them have admitted to having accounts, Finance Minister Arun Jaitley revealed on Wednesday.
Pricing can help prioritise the best use of conservation efforts and funding
'I can confidently say there will be another financial crisis soon enough, and probably more than one global crisis within the next century, given the increasingly integrated nature of the global economy.'
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