indiabizsolutions - HR & Risk Advisory Services

Effective HR policies & Risk elimination / mitigation are crucial to insulate the Parent & Indian entities from unmitigated disaster

There are several legislations in India covering employer's obligations towards employees. Similarly, there are several legislations imposing severe penalties for violation of obligations of an Indian enterprise doing business in India. Proper guidance is essential to obviate various risks associated with the operation. Our HR & Risk Advisory Team is ready to provide you with necessary guidance and assistance and the scope of our service includes :

Human Relations Advisory Services :

Structuring the compensation packages of expats to ensure maximum tax benefits and repatriation
Providing assistance in obtaining Indian resident permits for expats and their families
Advising on tax liability of fees / remuneration paid to foreign technicians and consultants engaged by a company and other compliances required in respect of the same
Formulation of stock option / share purchase plans considering various applicable Indian laws and the guidelines issued by the Securities & Exchange Board of India & getting necessary clearances for the same from regulatory authorities
Structuring a tax efficient compensation package after considering the implications of fringe benefit tax provisions and other legal obligations
Drafting of policy and procedure manuals for employees and review of such manuals
Drafting of employment contracts incorporating suitable provisions for secrecy, non-competition, non- solicitation and intellectual property
Computation of tax liabilities of employees and filing of their Returns of Income
Advising on compliances with various labour laws while doing business in India
Providing assistance in the search of senior executives required for the Indian operations

Risk Advisory Services :

Conducting due diligence to identify various risks associated in respect of Indian operations
Formulating and instituting systems and procedures to ensure risk elimination/mitigation
Advising on Directors' & Officers' liability, third party liability, product liability insurance, etc.
Review of environmental risks of the company and institution of systems & procedures to eliminate / mitigate the risks
Review of risks associated with policies/proposed changes in the policies of the central as well as state governments which will have a bearing on Indian operations
Negotiation with Insurance companies to obtain best quotes for property insurance, loss of profit, machinery break down policy, transit & storage insurance
Review of foreign exchange exposure of Indian operations and suggest suitable instruments to hedge the risks

For more details contact cas@indiabizsolutions.com