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The Economic Times India Inc beware! A wave of resignations may be headed your way once job market opens up

As much as 86% of 5,562 professionals who responded to a survey put together by job portal Naukri.com for ET said they would be actively looking out for new jobs now that appraisals were over. About 39% of the respondents said their appraisals had been worse than last year, while they were similar for 33% and better for the balance 28%.

The Economic Times India Inc senior keen to book C-Suite for pros under 50

Traditional groups cap CXO age at 50. A mid-fifties candidate was overlooked. Younger CEOs/CXOs, preferred for tech adaptability post-pandemic, fit the 'sweet spot' age aiding old economy firms. Pawan Goenka noted internal grooming. Rajiv Dube favours longer terms. Young leaders, noted by Harsh Goenka and Claricent Partners, are ambitious and successful.

The Economic Times Union Budget consultations done, Sitharaman set to announce measures and reforms on July 23

Budget expectations: Finance Minister Nirmala Sitharaman completed pre-Budget consultations with diverse stakeholders, setting the stage for presenting her seventh Union Budget on July 23. This first full budget of Modi's third term aims to steer India towards becoming a developed nation by 2047. President Murmu hinted at significant economic reforms ahead.

The Economic Times SEZ units set to get refund of cess on imports

The Centre will refund the compensation cess levied on imported goods under Goods and Services Tax (GST) to businesses operating in special economic zones and their developers, effective from 2017. The Central Board of Indirect Tax and Customs has also directed the issuance of refunds of 5% GST collected on food packages intended for the public distribution system (PDS).

The Economic Times India will fail to plug jobs gap even with 7% growth, says Citi

The quality of jobs being created in India is another challenge, the economists said. An analysis of the official data showed about 46% of the workforce is still employed in agriculture, even though the sector contributes less than 20% to gross domestic product.

The Economic Times Total employment in MSMEs crosses 20.2 crore mark, up 66%

​The number of workers employed with registered MSMEs has shot up by 66 per cent from the corresponding figure of 12.1 crore jobs in July last year. There are 4.54 crore women staffers among the total number of workers employed in these enterprises.

The Economic Times Regulatory pressure, push from leadership lead to better compliance standards in India Inc: EY report

A new report from EY shows India Inc.'s improved adherence to compliance and integrity standards, driven by regulatory pressure and management focus. The survey highlights key factors like policy developments, leadership role, and customer demand for ethical standards.

The Economic Times India Inc registers 501 deals valued at USD 21.4 bn in Q2 2024: Grant Thornton

Grant Thornton Bharat's Q2 2024 report shows 501 deals worth USD 21.4 billion. Despite a 28% value decrease post Reliance-Disney mega-merger, domestic investment and private equity remain strong. High-value deals (over USD 100 million) rose 58% with 30 significant deals. Political stability and policy clarity boosted traditional sectors like pharma and manufacturing, states Shanthi Vijetha.

The Economic Times ET Explainer: What is angel tax and why has DPIIT sought its removal?

Angel tax refers to the income tax levied by the government on funding raised by unlisted companies, or startups, if their valuation exceeds the company's fair market value. Angel tax was first introduced in the 2012 Union Budget by then finance minister Pranab Mukherjee under the UPA-II regime to arrest the laundering of funds.

The Economic Times MSMEs have growth opportunities, the challenge is in easing their access to credit: Manish Kothari, Kotak Mahindra Bank

The key pivot for Kotak Mahindra Bank’s MSME lending business has come through holistic banking relationships and out-of-the-box solutions, says Manish Kothari, Head, Commercial Banking, Kotak Mahindra Bank.

The Economic Times Budget 2024: Capex, SOPs, bold reforms top infra and energy companies' wish list

Budget 2024: Finance minister Nirmala Sitharaman on Friday met representatives from the infrastructure and energy sector as a part of her pre-budget consultations. "While the capex support for the infrastructure was common, the industry wanted bold reforms to push infrastructure projects, support for energy transition and tax incentives for solar and sector to meet India's goal to attain net-zero by 2070," said a person aware of the details of the meeting. The industry is also seeking a government roadmap for creating better cities.

The Economic Times Lifesciences sector's expectations from Union Budget 2024-25

​The upcoming Union Budget 2024-25 can boost the lifesciences sector with supportive policies towards innovation and affordability. The industry expects tax benefits that will encourage furthering research and development in the country, lowering of GST on healthcare and diagnostic services can improve accessibility and affordability of essential healthcare services.

The Economic Times Uniform GST for hotel rooms, eco-friendly initiatives, CSR fund use: pre-budget expectations

MakeMyTrip CEO Rajesh Magow advises the Union Budget 2024-2025 to set a uniform 12 percent GST rate, streamline OTA GST registrations, permit TCS credit on salary income, and utilise CSR funds for tourism.

The Economic Times Govt should review GST rates on vehicles powered by clean fuels: Rajiv Bajaj

According to Bajaj, there is no party happening in the EV segment as of now.

The Economic Times Grifols appoints Rahul Srinivasan as new Chief Financial Officer

Srinivasan will lead Grifols’ global financial organization, taking over from Alfredo Arroyo, who recently announced his retirement after 17 years of service.