India: Double Taxation Relief for Companies, New Minimum Wage for Contract Workers

In a relief to companies and individuals having overseas income, the Central Board of Direct Taxes (CBDT) drafted a set of new rules to simplify the use of Foreign Tax Credits (FTC). The proposed framework will allow companies and individuals to claim credits on…

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The 2016 UK Budget: Impact on HR and Payroll

UK’s 2016 budget has several guidelines and measures that may impact your UK payroll.  Below are some of the main highlights. Income Tax Thresholds. In April 2017, tax-free personal allowance will increase to £11,500 (a £300 increase). The point at which higher earners will…

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Payroll/HR Alert: China Lowers Social Security Contribution Rates

Beginning May 2016, corporations doing business in China can lower their contribution to Pension Insurance, Unemployment Insurance and Housing Provident Funds. The new policy, announced by the China’s Ministry of Human Resources and Social Security, aims to relieve corporate burden and increase employee…

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Keeping Private Data Private: EU’s New Regulations

The General Data Protection Regulation (GDPR) is the European Union’s new common framework and is expected to be enacted by 2018. Under these new guidelines, member states must implement a set of common regulations, yet can include local additions. The common regulations are…

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China: New Family Planning Legislation and Impact on Employers

China has relaxed its strict family planning policies in a 2016 legislation that revokes several population control measures including incentives for late marriages or late childbirth. Here are some highlights of the new “two-child” policy: Maternity Leave In 2015, China’s base maternity leave…

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