INDIA'S GIG ECONOMY

INDIA'S GIG ECONOMY Introduction: The gig economy in India is rapidly expanding, with projections indicating substantial growth in the coming years. A recent white paper by the Forum for Progressive Gig Workers estimates that the gig economy will grow at a CAGR of 17%, reaching a value of USD 455 billion by 2024, driving economic growth and creating job opportunities. The gig economy, pr

Windfall Tax

Windfall Tax The Indian government recently abolished the windfall tax on exports of crude oil, aviation turbine fuel (ATF), petrol, and diesel. This decision comes after the government imposed the tax in 2022 to capture extraordinary profits in the wake of high global oil prices, largely driven by geopolitical events like the Russia-Ukraine war. About Windfall Tax Definition A windfal

Global dispute settlement, India and appellate review

Global dispute settlement, India and appellate review     Why in the News? The New Delhi Leaders Declaration at G20 reiterated the need to pursue reform of the WTO “to ensure a fully and well-functioning dispute settlement system accessible to all members by 2024”. Issues with World Trade Organization (WTO): The dispute settlement system, a two-ti