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In this TP Talks episode, Kristina Novak (Principal in PwC’s US National Tax Services Transfer Pricing Practice), Jessica Yin (Transfer Pricing Partner, PwC Shanghai), Rong Zhen (Corporate Tax and Forex Partner, PwC Shanghai), and Nancy Chen (Transfer Pricing Senior Manager, PwC Shanghai) discuss why many MNCs operating in China have been more attentive to year-end transfer pricing adjustments (TPAs), what TPAs Chinese subsidiaries might need to undertake, the challenges cross-border TPAs present in China, and options available for MNCs to implement year-end adjustments. The speakers also address indirect tax implications for upward TPAs, and how taxpayers can respond to a potential inquiry.

Unemployment in India hit an all-time high of 8.85% in December 2022 according to CMIE data. Anupriya Mohta, Sridhar Krishna, and Sudisha Mishra discuss the state of unemployment and how demand for jobs will play a pivotal role in the 2024 general elections.

Further Readings:

1. Unemployment in India has risen to its highest since the pandemic
2. Budget 2023: Why India Needs A Jobs Policy

You can follow Anupriya Mohta on twitter: https://twitter.com/anupriya_mohta 
You can follow Sridhar Krishna on twitter: https://twitter.com/sridhar_kri 
You can follow Sudisha Mishra on twitter: https://twitter.com/MishraSudisha 

For information on Takshashila's Graduate Certificate and Post Graduate Programmes, click here

Check out Takshashila’s courses: https://school.takshashila.org.in/

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The manufacturing sector’s contribution to India’s GDP has been stagnant at 15-18% for the past two decades. Not only has the sector’s contribution to GDP stagnated, so has the employment share of manufacturing. The unemployment problem in the country cannot be dealt with in a meaningful manner without growth in the manufacturing sector. There is a preponderance of extraordinarily small-scale establishments in the sector, which are underproductive and not competitive, caused largely by restrictive and business-unfriendly labour laws. Sridhar Krishna and Minu Chawla discuss this and how recent labour reforms and other efforts could help alleviate some of India’s labour manufacturing woes.

Suggested Readings:

1. Where will jobs in manufacturing come from?

2. Understanding the Performance of India's Manufacturing Sector: Evidence from Firm Level Data

3. What is Holding Back Productivity Growth in India? Recent Microevidence

Has India De-industrialised, Prematurely?

You can follow Sridhar Krishna on twitter: https://twitter.com/sridhar_kri

You can follow Minu Chawla on twitter: https://twitter.com/minuchawla

Check out Takshashila’s courses: https://school.takshashila.org.in/

You can listen to this show and other awesome shows on the IVM Podcasts app on Android: https://ivm.today/android or iOS: https://ivm.today/ios, or any other podcast app.

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Sustainability has become a buzzword in recent years, taking on increasing significance among corporates. But what exactly is corporate sustainability and why should companies develop relevant policies? 

In the 2nd episode of SPRG Chatroom, we have invited Mr Mooreyameen Mohamed, Chief Sustainability Officer of PETRA, to be our guest speaker. He will share his experience in helping companies of different sizes, from SMEs to conglomerates – PETRA Group being among the latter, develop sustainability practices. Serving as host will be Stefanie Braukmann, General Manager of SPRG Malaysia.

This week on Cyrus Says, we meet Ramya Ramamurthy, a media professional with over 15 years of experience in various fields covering print, TV and digital mediums. She talks to Cyrus about:

• Why big companies need to cover all their bases when it comes to branding.

• How Facebook's stocks went up after Zuckerburg's deposition.

• How she researched different brands for her book.

• Why Coke Studio is an example of brand elevation.

You can order Ramya's book Rebuild online here: https://www.amazon.in/Rebuild-Indian-Overcame-Emerged-Stronger/dp/9351951405/

See omnystudio.com/listener for privacy information.

This week on Cyrus Says, we meet Ramya Ramamurthy, a media professional with over 15 years of experience in various fields covering print, TV and digital mediums. She talks to Cyrus about:

• Why big companies need to cover all their bases when it comes to branding.

• How Facebook's stocks went up after Zuckerburg's deposition.

• How she researched different brands for her book.

• Why Coke Studio is an example of brand elevation.

You can order Ramya's book Rebuild online here: https://www.amazon.in/Rebuild-Indian-Overcame-Emerged-Stronger/dp/9351951405/

See omnystudio.com/listener for privacy information.