Make In India and the reduction in barriers of trade will potentially create a growth environment.
India's tax pie seems to have undergone a subtle change with a sharp drop in direct tax collections resulting from a disproportionate impact of the COVID-19 carnage on incomes. The share of indirect taxes, which mainly comprise of levy on goods and services as well as import duty, has risen while that of direct taxes - made up of corporate and personal income tax - has gone down in 2020. In an interview with PTI, finance secretary Ajay Bhushan Pandey said in a pandemic like this where the economy has been impacted, any large scale changes impact direct taxes more severely, whereas indirect tax collection is mostly proportional to business turnover and compliance.
Employee stock options offered to executives as part of their compensation package increase the risk of company officials misrepresenting financial outcomes to rig share prices, says a new study.
Apart from pay packages, HR managers will consider other means of keeping employees happy.
A combination of add-on insurance covers can be helpful in managing finances and making life much easier, says Dhirendra Mahyavanshi
The average variable pay across sectors is projected at 17.4%.
Carriers' input costs are rising due to weak rupee and rising crude oil price.
The BJP does 'empowerment and not appeasement,' Union Minister Mukhtar Abbas Naqvi asserted.
The average salaries for the engineering positions across product development companies in India have come down by 3 per cent. Bangalore continues to be the highest in its pay scale followed by Chennai, Pune and NCR, says Compensation and Benefit Study 2008 Report by Zinnov - a management consulting firm. The reason for the dip is the increased hiring at the junior-level.
Those who have been handed the pink slip shouldn't make too many loan queries, advises Raj Khosla.
Neeraj Prakash, MD, Shriram General Insurance, explains how new measures proposed in the Motor Vehicles Act can smoothen the lives of the insured and insurer and how the government plans to make more vehicles owners buy insurance.
Indian industry still recoils at the idea of bringing a law for job reservation in the private sector, but is ready to work on the concept with some fiscal rewards from the government.
Indian industry still recoils at the idea of bringing a law for job reservation in the private sector, but is ready to work on the concept with some fiscal rewards from the government.
The bench ordered Go Air to pay Rs 15,000 to each passenger for cancellation of its flight due to a "technical snag".
The Catalans have kept five clean sheets in their last six games, which bodes well for their title run in.
Refutes claims of differences between board, founders and Sikka; board needs to do better scrutiny, says Mohandas Pai.
The further their name sits from the bottom of the seniority list, the more likely they will keep their job even as an airline take steps to slash expenses and eliminate routes.
Being leaders in compensation and benefits, collective bargaining for wages is a non-issue in the industry.
Farmers are juggling with thousand other problems apart from the Land Acquisition Bill. Who will discuss them?
Dhaval Kapadia, Director, Portfolio Specialist, Morningstar Investment Adviser (India) answers queries
In an online chat with readers a few hours after the Union Budget 2015-16 proposals were announced by Finance Minister Arun Jaitley, Sundeep Agarwal, Director, PwC India, answered related queries to help put the announcements into perspective.
The clarification comes amid reports that sweet shops have discontinued chocolate barfis and chocolate sandesh.
Here's the full text of President Ram Nath Kovind's customary address to the joining sitting of Parliament on the first day of the budget session.
It is your responsibility to decode the fine print in compensation by asking the right questions.
An argument used for removal of this exemption is that it is used to launder black money and bring it in as clean tax paid money by manipulating the price of less liquid shares in the market, says Harsh Roongta.
Pitching for greater use of "clean" and "dependable" nuclear power, Prime Minister Manmohan Singh on Monday made it clear that India will need large amount of energy to maintain the tempo of growth which averaged 7.9 per cent during the last 10 years despite two bouts of global recession.
The company said in a filing to the US Securities and Exchange Commission that in addition to the salary, Pai earned a bonus/incentive of $117,336, other annual compensation of $21,779 and $15,287 as long-term benefits.
Excise duty hike for cigarettes could be lower.
Keeping this in mind you can easily get the best travel insurance policy for yourself and your family. It is advisable to do some research before making any decision.
Global companies, e-commerce platforms and software product firms all want skilled digital workers.
IDBI has hired human resource consultancy firm Hewitt & Associates for advice on introducing cost-to-company approach and an integrated compensation package for employees, chairman and managing director M Damodaran said on Friday.
Tax Guru Anil Rego answers your personal income tax queries.
At present, laws on wages do not cover workers getting a monthly wage of more than Rs 18,000
Goods and services provided without any consideration are out of ambit of Consumer Protection Act; investors, too, cannot approach a forum. Tinesh Bhasin reports
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
The report was presented at the UN Climate Convention Summit in Peru on Thursday by the UN Framework Convention on Climate Change's Standing Committee on Finance.
'Make sure you provide enough support (income, nutrition, healthcare, and housing) to migrants stuck (and their households), so they are not compelled to seek work or migrate back.' 'Otherwise, the risk of contagion is extreme.'
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The year 2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5 per cent. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved.
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