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India needs to take a serious look at its business laws. Here's whyIn the Observer Research Foundation (ORF) report, 'Jailed for Doing Business: The 26,134 Imprisonment Clauses in India's Business Laws' (bi...- Run a business? There are 26,134 ways you can go to jailBusinesses, irrespective of their size, have to deal with complex laws, arbitrary compliances and too much discretionary powers of the bure...
- Making business easy: A template to ramp-up state capacityAfter the economy dipped as a result of stringent lockdowns, both the central and state governments in their deliberations to kickstart and...
- Labour Code may lead to overtime pay for white-collar, managerial employeesNot only that, the compensation for overtime should be at least twice that of the employees' regular pay, as per the Code on Wages, 2019. C...
- Labour code may lead to overtime pay for managers tooProfessionals putting in extra hours at work may have something to cheer for in the new labour codes, as the new law, if implemented in its...
- Driving a wedge: How the pandemic increased the trust deficit between labour and industryWith factory units closing, economic activity at a halt, loss of jobs and many struggling to get home, the Covid shock strained relations f...
- Punjab govt inks pact with GAME to support MSMEsGAME is an alliance of organizations committed to creating an entrepreneurial movement in India that results in 10 million new entrepreneur...
- The real issue: Businesses need to comply with 194 labour laws, spend Rs 4.58 lakh per annumA typical MSME is required to deal with 364 compliances in a year i.e. one compliance a day, with adverse consequences including penalties ...
- India was to benefit from US-China trade war, but Vietnam emerged as the winnerBold reforms will be needed if India has to make its position as the next best alternative.
- Staffing firm TeamLease launches website to track rules on compliancesTeamlease site would update the data 15 times a day to offer real-time information on updated version on compliances.
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