BUSINESS
OECD paper on global mobility: How remote work triggers double taxation for Indian workforce
With technology enabling employees to work from anywhere, the current rules on tax residency, allocation of employment income, withholding obligations, and treatment of share-based compensation are becoming complex and pose double-taxation risks, say experts.
BUSINESS
MC Interview: High time welfare of workers is made mandatory, labour laws first of their kind since Independence, says Labour Secretary
"Instead of delving on the past delays, it’s best to now look forward. This code has everything going for the workers, for the expansion of industries and employment," Gurnani told Moneycontrol.
BUSINESS
Labour codes simplify compliance, offset additional costs for employers: Labour Secretary Gurnani
The new labour codes will cut compliance costs through simpler and decriminalised rules. The number of registers that companies are required to maintain have been cut from 84 to eight, Vandana Gurnani tells Moneycontrol
BUSINESS
Centre seeks Parliament’s nod for additional Rs 41,455 crore spending in FY26
The total cash outgo approvals have been mainly sought for meeting higher expenditure on fertilizer subsidy, amounting to Rs 11,000 crore, import of urea (Rs 7,525 crore) and providing compensation to PSU oil marketing companies (Rs 9,473 crore)
BUSINESS
All worker safety norms intact, no changes in new labour codes, says labour secretary
Vandana Gurnani tells Moneycontrol that provisions of recognition of trade unions have been made more transparent and timelines laid out so that there are no delays, as she seeks to address concerns of trade unions
BUSINESS
India's retrospective antitrust fines put MAAG giants on edge
The penalties under new formula could be 5-10 times higher than penalties under old formula; Competition Act provides CCI discretion to decide: Experts
BUSINESS
Labour Codes encourage hire-and-fire policy, 60-70% units now free to sack employees without govt nod, says AITUC’s Kaur
Further, the tweaks made in the Occupational Safety, Health and Working Conditions Code, with regard to recognition of a "factory", have made smaller factory units exempt from basic safety compliance measures, Kaur told Moneycontrol.
BUSINESS
Economy on 'stable footing', well positioned to navigate emerging risks: FinMin
The real GDP growth in the second quarter likely to be in the 7-7.5% range, finance ministry’s Monthly Economic Review report for October has said
BUSINESS
Higher MSP, long-term agri credit, key demands of farm unions from upcoming Budget
The unions are seeking a long-term agriculture policy to ensure stability, long-term planning, and growth in farmers' income.
BUSINESS
M&A deals face delays over India's new labour codes, buyers factor in higher worker severance costs
Experts say that as state rules are issued and the transition stabilises, M&A timelines are likely to be normalised—and potentially even improve—because the Codes aim to create greater uniformity and long-term predictability.
BUSINESS
Need to instil culture of innovation, competitiveness in MSMEs, says CEA Nageswaran
On MSME’s facing challenges in access to credit, after being classified as special mention accounts, the CEA said that this is an issue that needs a review, as the idea of the classification is to nurse the account "back to health".
BUSINESS
Labour codes pro-employer, anti-workers: Industrial Relations Code needs to change, say 10 trade unions
A senior official from labour ministry have termed these protests 'politically motivated'
BUSINESS
EPF Act remains operational despite being repealed in new labour laws - Here's why
The Code on Social Security under Section 164 (3) repeals the Employees' Provident Funds and Miscellaneous Provisions Act, 1952, or the EPF Act, but this clause has not been notified yet.
BUSINESS
Simplified compliance vs operational challenge: Experts weigh in on immediate impact of four notified labour codes
Although industry had anticipated a transition period, the notification makes the implementation immediate. Thus, experts say, employers across sectors should promptly assess and align their internal policies, HR practices, and operational processes with the applicable provisions of the Codes
BUSINESS
Labour Codes notified: Govt to form panel to fix national floor wage, frame rules in next 45 days
The ‘national floor level minimum wage’, will be fixed by the Centre, under the Code of Wages, and will act as benchmark for states' minimum wages
BUSINESS
Blueprint to roll out 4 long-pending labour codes likely in FY27 Budget, sources say
As part of efforts to finalise this blueprint, Labour Minister Mansukh Mandaviya and senior officials are likely to meet about 10 trade unions early on November 21.
BUSINESS
Trade unions demand social security fund, halt to privatisation in pre-budget meeting with Finance Minister
They have sought a central government sponsored social security fund for the unorganised and agriculture workers, with the aim of providing them a minimum pension of Rs 9,000 per month, and have asked for the repeal of labour codes.
BUSINESS
To stabilise prices and boost exports, India must expand food storage capacity, says NITI Aayog's Ramesh Chand
The total scientific foodgrain storage capacity in India is around 87 million metric tonnes (MMT), primarily concentrated in the North and West zones, whereas production is projected to reach about 368 million metric tonnes by 2030-31, as per PHDCCI.
BUSINESS
India mulls wider Swadeshi manufacturing policy to cut import dependence amid FY27 Budget preparations
More labour-intensive sectors may be added as India looks to expand the scope of its manufacturing policy beyond the existing clusters.
BUSINESS
Big Tech swaps courtroom clashes for quiet deals on Indian anti-trust cases
Protracted litigation and higher penalties are prompting more technology companies to consider settling their anti-trust cases instead of taking judicial appeal route, say experts.
BUSINESS
Russian oil flows to India plunge 50% ahead of US sanctions deadline
Discounted Russian barrels remain attractive for margins, and India’s energy policy continues to prioritise affordability and security, feel experts.
BUSINESS
Govt mulling to 'experiment' with stablecoins, Economic Survey 2025-26 may bat for their utility
In the Economic Survey for 2025-26, the government might 'present a case' for the recognition of stablecoins as a form of legal tender for certain transactions, a government official said.
BUSINESS
Budget may peg fiscal deficit target for FY27 modestly lower than 4.4% of GDP
A fiscal deficit aim of 4.1-4.2 percent in FY27 will keep the Central government on track to achieve its near-term target of attaining a debt-to-GDP ratio of 50% by FY31, officials say.
BUSINESS
Students move Delhi High Court to reschedule sports calendar away from peak pollution months
The petitioners argue that children are especially vulnerable to severe air quality. During strenuous exercise, their air intake is significantly higher than at rest, which results in a much larger and deeper dose of pollutants like PM2.5 penetrating the lungs.
