Angelica Hernandez Bryan Lira-Jacobo Lisandro Ramirez Luis Reyes Social Population: India's 2018 Culture and Traditions: population is estimated at 1.35 - Mixture of British and Asian Influences billion based on the most recent - Eating with hands UN data - Never using your left - Expecting late arrival - Seniors first Education: free and compulsory education is provided as a fundamental right to children between the ages of 6 and 14 Technological India ranks third among the most attractive investment destinations for technology transactions.
Produce more engineers than China
and the U.S combined. Economics Modern India has had a strong focus on science and technology realising it is the key of economic growth.
Fast growing multi trillion dollar
economy.
Relatively independent. Political A Parliamentary Democratic Republic.
India’s openness to foreign investment is
below average. Amount of Pay per Individuals ● 1 Indian Rupee = 0.014 US Dollar ● Minimum payments of engineers is 146,169 to 909,604 rupees ● Translates to $2046.36 - $12,734.45 a year ● Median: 327,506 rupees - US Dollar: $4585.084
● $616-$1670 annual income per capita
GDP:
● 1,709.39 USD (2016)
Healthcare ● The health care system in India is primarily administered by the states. ● India's Constitution tasks each state with providing health care for its people. ● In order to address lack of medical coverage in rural areas, the national government launched the National Rural Health Mission in 2005. Tax Rate India:
● Therefore, for large corporates, the tax rate is still 30%
● MSME (Micro, Small and Medium Enterprise) it has been reduced to 25%. ● The tax rate is 40% in India for normal income for Foreign companies
USA:
● Taxpayers fall into one of seven brackets, depending on
their taxable income: 10%, 15%, 25%, 28%, 33%, 35% or 39.6%. ● Trump lowered the percentage to 20% Tarifs on Trading between India and the U.S. ● Trump's trade-deficit fixation put India in the crosshairs despite a relatively small $24-billion deficit, as did the March steel and aluminum tariffs, which were supposed to target China. ● India has announced tariff hikes totaling $235 million on 29 U.S. goods including agricultural products, steel and aluminum in direct retaliation to U.S. tariffs. Travel Shipping through sea takes 25-30 days
Shipping through airway would take you 1-15 days
Cost: 20’=4.5-5.25 lakh rupees equivalent to $6,128-$7,000