India’s Government Passes Two Bills to Improve Dispute Resolution
In this article we look at two bills that were passed to help foreign companies resolve disputes. This is expected to further help India move up in the World Bank’s Ease of Doing Business report.
China, India & Vietnam: Setting Up in Asia’s Investment Hotspots – New Issue of Asia Briefing Magazine
The newest issue of Asia Briefing magazine, titled “China, India & Vietnam: Setting Up in Asia’s Investment Hotspots”, is out now and available as a complimentary download in the Asia Briefing Bookstore.
The Importance of Payroll Confidentiality in India
Payroll confidentiality is difficult to maintain in Indian workplaces. For many SMEs in India, payroll support services are a business-critical function.
Expect Labor Reforms at the State Level in 2015
Foreign companies should begin preparing for labor reforms at the state level in the coming year. Following national labor reforms in November 2014, public and private interest groups have renewed calls for labor reforms in 2015.
India’s Provident Fund Scheme to see Significant Change in 2015
India’s Provident Fund Scheme (PFS) was amended several times in 2014, particularly following the election of Prime Minister Narendra Modi and his BJP party in May. Recent reports indicate further changes to the PFS have now been proposed and are in the pipeline to be implemented this year.
Average Indian Salary to See Minor Increase in 2015
The average Indian salary in 2015 will be much the same as in 2014, according to two recently published reports on income trends in Asia. Findings show that while the overall average salary in India will rise by around 11 percent, inflation will cut the increase in “real terms” to around 3.5 percent.
An Introduction to Sourcing from India, Part 1: India’s Sourcing Edge
Choosing where to source from can be a stress-inducing process. In this excerpt from an article in our latest India Briefing magazine, we discuss some of the key advantages that India possesses as a sourcing destination over one of its principal rivals: China.
India Announces 2015 Holiday Schedule
The Indian government has recently released its holiday schedule for 2015. The schedule differs in several instances to 2014’s calendar, with a number of restricted holidays changing status to become gazetted (public) holidays, and vice-versa.