No Soft Landing For 60 Sacked Expat Pilots

A major Indian airline is cutting costs by sacking expat pilots in a bid to stem two years of losses. SpiceJet,  the country’s only listed budget airline, is cutting the number of expat pilots and changing crew rotas to cut costs by ensuring that all crews return to their home base when flying rather than […]

India’s U-Turn On Tough Tax Laws

India’s controversial bid to crackdown on people avoiding tax has suffered a setback – and the new laws are now to sit on the backburner for two years. The General Anti-Avoidance Rules (GAAR) targets foreign firms and investors from washing money through tax havens, particularly in Mauritius. One of the problems is that around 40% […]