List of Apple Contract Manufacturers and Suppliers in India
Apr 17, 2024 · Apple is a longtime client and Foxconn is invested in the continued engagement. Foxconn is the world’s largest technology contract manufacturer and its India facilities take orders for multiple electronics brands. Foxconn now has investments across South India – in Andhra Pradesh, Telangana, Karnataka, and Tamil Nadu.
FAQs on India's GST Regime, GST Applicability on Overseas …
Jan 27, 2022 · The category of transactions that falls under the scope of overseas transaction under the GST regime are: Category 1: Export of goods by payment of IGST or under LUT/Bond. Category 2: Export of services. Category 3: Import of goods, which is governed by Customs Act, 1962. Category 4: Import of services whether for business or non-business ...
Women and Work in India: Trends and Analysis
Apr 18, 2022 · Despite experiencing structural improvements to their lives, such as decline in fertility rates and expansion of women’s education, India’s female LFPR is on a downward track. As per World Bank estimates, the female labor participation rate in India fell to 20.3 percent in 2019 – from more than 26 percent in 2005 and 31.9 percent in 1983.
Adoption of Farm Mechanization in the Agriculture Sector in India
Feb 20, 2024 · According to a 2022 report, 47 percent of agricultural operations in India are mechanized, which is lower compared to developing counterparts like China, with 60 percent, and Brazil, with 75 percent farm mechanization. Further, the mechanization levels range between 40-45 percent in states like Punjab and Haryana while it is negligible in other ...
India’s International Free Trade Agreements
Major Free Trade Agreements ASEAN-India Free Trade Area. The signing of the ASEAN-India Trade Area (AIFTA) paved the way for the creation of one of the world’s largest free trade area markets, creating opportunities for over 1.9 billion people in ASEAN and India with a combined GDP of US$4.8 trillion.
India's Per Capita Income in 2022-23 - India Briefing
India’s per capita net national income (at current prices) for 2022-23 stands at INR 172,000, according to estimates from the National Statistical Office (NSO).This marks an almost 100 percent increase from the per capita income in 2014-15 – INR 86,647 – when the Narendra Modi government first came to power.
Withholding Taxes in India - India Guide | Doing Business in India
Cash withdrawal from bank or banking company. 10 million. 2%. Payments to an e-commerce participant, in relation to sale of goods or services facilitated by e-commerce operator through digital platform. 5 lakh. 0.1% (5% in case PAN is not …
Shops and Establishment Acts in India: An Explainer - India Briefing
Jun 8, 2024 · While each state enacts its own version of the Shops and Establishment Act, core provisions remain largely consistent across the country. The Shops and Establishment Acts are implemented and enforced by the Labour Department of each state.. All commercial businesses in India, including shops, hotels, cafes and restaurants, theaters, and other venues, are subject to …
FDI in India FY 2023-24: Top State and Sector Beneficiaries
Jun 26, 2024 · In the fiscal year 2023-24 (FY24), foreign direct investments (FDI) into India fell to a five-year low, recording a total inflow of US$44.4 billion. This marked a slight decline from the US$46 billion received in the previous fiscal year, influenced by global economic uncertainties and a growing trend of inward-looking capital allocation among nations.
India's Trade Performance in FY 2023-24 - India Briefing
May 14, 2024 · According to data from the economic think tank GTRI, China has emerged as India’s largest trading partner, surpassing the US, with two-way commerce totaling US$118.4 billion in FY 2023-24. In the same period, bilateral trade between India and the US amounted to US$118.3 billion. Previously, the US was India’s top trading partner in 2021-22 ...