Human Resources & Payroll

India Skill Report 2023: Findings on Talent Availability and Employability in Emerging Technologies

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Recent reports on talent availability in India indicate some progress has been made in boosting employability for tech-driven sectors. Key skill gaps, however, remain. We discuss the data and top growth sectors to 2030.

Emerging Talent Trends Shaping India’s Dynamic Job Market in 2023

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We delve into the talent management trends in India in 2023 that are influencing recruitment and corporate employee retention strategies.

Maximizing Business Growth in India with PEOs as Strategic HR Partners

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Businesses in India can leverage the expertise and resources of a PEO to streamline HR operations, ensure employment law compliance, access enhanced benefits packages, and prioritize growth and innovation.

India Increases Tax Exemption Limit on Leave Encashment for Private Sector Employees

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India has increased the tax exemption limit on leave encashment for employees in non-government sectors to INR 2.5 million. It will retrospectively apply from April 1, 2023.

India’s New Rules for Withdrawing Pension from the National Pension System

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We introduce India’s National Pension System (NPS), which also covers private sector subscribers. Payments to the NPS may have tax benefits.

Essential Personal Finance Compliance Checklist for India as March 31 Deadline Approaches

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We note key tasks on the personal finance checklist for individuals in India as the country’s financial year ends March 31, 2023.

South Indian State of Karnataka Liberalizes Labor Law After Lobbying by Apple, Foxconn

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Karnataka will allow 12-hour work days in industries – but capped at a 48-hour work week, night shifts for women, and a maximum of145 overtime hours in a 3-month period.

A Guide to Popular Income Tax-Saving Investment Options in India

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Here are a few popular investment options in India for income tax saving under the old tax regime under Sections 80C, 80CCC, and 80CCD (1).

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