India offers exciting growth prospects as a rapidly developing emerging market with a large workforce. This article focuses on the conduct of pre-investment human resource due diligence checks, which are vital to secure foreign investors against possible operational, reputational, and financial risks.
India is the second most favored destination for expatriates that want to work in emerging markets. In this issue of India Briefing Magazine, we look at India’s living and working environment, HR and payroll laws, and the taxation norms as applicable to foreign nationals.
Many foreign HR managers struggle with the holiday schedule in India. This article outlines the government’s official schedule, explains its rationale, and suggests best practices for managing public holidays at your business.
Remitting money from India is often a daunting procedure for both foreign businesses and expatriates living in the country. In this article, we highlight the various regulations and schemes available.
As part of the government’s labor reforms, a new notification was recently introduced allowing interest on dormant employee provident fund accounts. Read on to see how this will benefit India’s working populations as well as other schemes related to the provident fund organization.
In a sign that the government wants to get serious about overhauling labor laws, India plans to introduce a proposed Wage Code bill that will guarantee minimum wages across the country in the winter session of parliament.
Overtime hours in India refer to the time worked in excess of the regular working hours. For those considering investment, understanding overtime can be of critical importance in calculating costs. This article briefly discusses the laws that establish and regulate overtime hours and compensation across India.
An Introduction to Doing Business in India 2016, designed to introduce the fundamentals of investing and doing business in India, is out now and available for complimentary download through the Asia Briefing publications store.