Annual Compliance for Employers in India Under Prevention of Sexual Harassment (POSH) Legislation
India’s Prevention of Sexual Harassment (POSH) Act and its corresponding Rules require a mandatory annual report to be submitted by the employer to the District Officer and is also part of reporting obligations to the Registrar of Companies.
India Introduces Taxation Changes for High-Premium Life Insurance Policies
India has recently introduced a new tax rule for life insurance policies where any proceeds received from a life insurance policy with an annual premium exceeding INR 500,000 will be subject to taxation.
India Skill Report 2023: Findings on Talent Availability and Employability in Emerging Technologies
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
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
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
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
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
We note key tasks on the personal finance checklist for individuals in India as the country’s financial year ends March 31, 2023.