Corporate Income Tax in India
Corporate 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 ...
List of Apple Contract Manufacturers and Suppliers in India
Apr 17, 2024 · Apple has been assembling smartphones in India through contract manufacturers since 2017.However, until 2022, the Cupertino-based firm had used manufacturing facilities in India primarily for assembling entry-level or legacy handsets.
ESG Reporting in India: BRSR Core, ERP Rules, & ISSB Standards
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 2021 and replaced …
FAQs on India's GST Regime, GST Applicability on Overseas …
Jan 27, 2022 · For the removal of doubts, it was clarified that the expression “services” includes facilitating or arranging transactions in securities. Thus, service charges, service fees, documentation fees, or broking charges that are imposed on transactions in securities will be chargeable under GST.
India’s International Free Trade Agreements
Major Free Trade Agreements ASEAN-India Free Trade Area. The signing of the ASEAN-India Trade Area (AIFTA) paved the way for the creation of one of the world’s largest free trade area markets, creating opportunities for over 1.9 billion people in ASEAN and India with a combined GDP of US$4.8 trillion.
India's Per Capita Income in 2022-23 - India Briefing
India’s per capita net national income (at current prices) for 2022-23 stands at INR 172,000, according to estimates from the National Statistical Office (NSO).This marks an almost 100 percent increase from the per capita income in 2014-15 – INR 86,647 – when the Narendra Modi government first came to power.
India Skill Report 2023: Key Findings on Talent Availability
Aug 3, 2023 · India’s economic ascent hinges on talent availability. Recent reports, like the Wheebox India Skill Report 2023 and Mercer’s “India’s Graduate Skill Index: 2023”, highlight positive employability figures, especially among youth and women, and growth prospects in technology-driven sectors.
India’s DTAA Regime: A Brief Primer for Foreign Investors
Mar 17, 2021 · Tax & Accounting. Legal & Regulatory. HR & Payroll. Events. Publications. Media. Doing Business. India's DTAA regime covers a vast network of double tax treaties, which are supported by social security agreements, to provide tax relief.
Corporate Social Responsibility in India: A Guide - India Briefing
Sep 27, 2024 · Corporate social responsibility (CSR) is an important component of business operations in India. With effect from April 1, 2014, CSR is a mandatory requirement for certain companies under section 135 of the Companies Act, 2013, which compels them to engage in activities that contribute to the social, environmental, and economic development of the country.
Labor Laws in India – A Guide to Federal, State, and Industry …
Dec 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.