Settlement Agreement Non Disclosure

The use of confidentiality agreements is on the rise in India and is governed by the Indian Contract Act 1872. In many cases, the use of an NDA is essential, for example. B to retain employees who develop patentable technologies when the employer intends to file a patent. Confidentiality agreements have become very important given the nascent outsourcing industry in India. In India, an NDA must be stamped to be a valid enforceable document. The Federal Government and several governments of the Länder have adopted laws on confidentiality rules in settlement agreements, taking different approaches in this regard, which affect an employer`s incentives and policy options. In this article, we look at federal tax legislation relating to the deductibility of comparative payments for sexual harassment rights.