India’s International Free Trade Agreements
WEBMajor 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.
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 ...
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.
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.
34 Companies Bid for Green Hydrogen Subsidies in India
WEBDec 21, 2023 · India’s US$2 Billion Green Hydrogen Scheme Highlights Renewables Investment Focus. 34 companies bid for green hydrogen subsidies. Fourteen companies, including Acme Cleantech, Avaada GreenH2, Bharat Petroleum Corp, CESC, Greenko ZeroC, JSW Energy, Reliance Industries, Sembcorp Green Hydrogen, and Torrent …
A Guide to Mumbai’s JNPT Port and its Special Economic Zone
WEBJul 9, 2021 · JNPT’s locational proximity to economic hubs and satellite regions of Mumbai, Navi Mumbai, and Pune as well as airports, hotels, and exhibition centers, etc. enables it to address shipper requirements efficiently and promptly. The port’s location: Latitude- 18*56’43” North and Longitude- 72*56’24” East along the eastern shore of ...
Tamil Nadu Industrial Parks and SEZs under SIPCOT - India Briefing
WEBJan 27, 2023 · So far, SIPCOT has developed 24 industrial complexes in 15 districts and six sector-specific special economic zones (SEZs) spread over 35,043 acres. It is now in the process of setting up 11 new industrial parks, as per a Confederation of Indian Industry and KPMG report. Each new industrial park will be spread across 13,500 acres.
India’s DTAA Regime: A Brief Primer for Foreign Investors
WEBMar 17, 2021 · India’s DTAA regime covers a vast network of double tax treaties, which are supported by social security agreements, to provide tax relief. Collectively, these aim to prevent double incidence of taxation of income and ease social security obligations of international workers. A Double Taxation Avoidance Agreement (DTAA) is a treaty …
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.
FAQs on India's GST Regime, GST Applicability on Overseas …
WEBJan 27, 2022 · The category of transactions that falls under the scope of overseas transaction under the GST regime are: Category 1: Export of goods by payment of IGST or under LUT/Bond. Category 3: Import of goods, which is governed by Customs Act, 1962. Category 4: Import of services whether for business or non-business purpose.