In recent years there have been many legal changes made in India that have affected how firms run their business. The introduction of discrimination, and disability discrimination, an increase in the minimum wage and greater requirements for companies to recycle are a few examples of relatively recent laws that have been introduced and had a huge effect on an organisations actions.
In recent years there have been many legal changes made in India that have affected how firms run their business. The introduction of discrimination, and disability discrimination, an increase in the minimum wage and greater requirements for companies to recycle are a few examples of relatively recent laws that have been introduced and had a huge effect on an organisations actions.
Industrialisation and Urbanisation have resulted in a profound deterioration of India’s air quality with the highest number of air pollution deaths coming from India. Water pollution is also another major concern in India with most of their waters being contaminated with sewage and chemical wastes. Limited water treatment facilities means that people bath in and drink this water which carries extremely high health risks.
Industrialisation and Urbanisation have resulted in a profound deterioration of India’s air quality with the highest number of air pollution deaths coming from India. Water pollution is also another major concern in India with most of their waters being contaminated with sewage and chemical wastes. Limited water treatment facilities means that people bath in and drink this water which carries extremely high health risks.
India is the biggest democracy country in the world however terrorism and their relationship with neighbours continues to be a problem since India gained independence in 1947. . This compromises political stability and the policies of the government which results in India being a politically stable country. The government type is federal republic. India has reduced the political interface in the management of enterprises leading to improved productivity and efficiency. India also has a well developed tax structure with a three tier federal structure. The main taxes/duties that the union government is empowered to levy is Income Tax, customs duties, central excise and Sales and service tax. International trade regulation also makes India flexi-able for foreign trade.

India is the biggest democracy country in the world however terrorism and their relationship with neighbours continues to be a problem since India gained independence in 1947. . This compromises political stability and the policies of the government which results in India being a politically stable country. The government type is federal republic. India has reduced the political interface in the management of enterprises leading to improved productivity and efficiency. India also has a well developed tax structure with a three tier federal structure. The main taxes/duties that the union government is empowered to levy is Income Tax, customs duties, central excise and Sales and service tax. International trade regulation also makes India flexi-able for foreign trade.

India’s population is ageing which in turn has increased the costs for company’s who are committed to pension payments for their employees as their staff are living longer. As a direct result some businesses have started employing older staff. India is the second highest population in the world and although improved, the Indian education and training sector cannot meet the growing demand for training. There are three national public holidays in India and over 30 religious days that may be kept as holidays in particular regions. It is quite common for Indians to work on Saturdays
India’s population is ageing which in turn has increased the costs for company’s who are committed to pension payments for their employees as their staff are living longer. As a direct result some businesses have started employing older staff. India is the second highest population in the world and although improved, the Indian education and training sector cannot meet the growing demand for training. There are three national public holidays in India and over 30 religious days that may be kept as holidays in particular regions. It is quite common for Indians to work on Saturdays
India has a continuous growth in capital income which has led to higher buying power for the Indian consumers. As part of economic reforms the government of India announced a new industrial policy in July 1991. This brought many benefits to India’s economy with one being that the share of foreign equity participation was increased and in many activates 100percent foreign direct Investment was permitted. To this day the Indian Economy remains strong.
India has a continuous growth in capital income which has led to higher buying power for the Indian consumers. As part of economic reforms the government of India announced a new industrial policy in July 1991. This brought many benefits to India’s economy with one being that the share of foreign equity participation was increased and in many activates 100percent foreign direct Investment was permitted. To this day the Indian Economy remains strong.