14 June 2023View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

INDIA EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
Amendments to IAS 12: Temporary Relief for Accounting Deferred Taxes under OECD Pillar Two Model Rules
 
To address Indian stakeholder concerns about the accounting treatment of deferred taxes under the OECD Pillar Two Model Rules, the IASB has implemented amendments to IAS 12 (Income Taxes). These...
 
 
India Increases Tax Exemption Limit on Leave Encashment for Private Sector Employees
 
India has increased the tax exemption limit on leave encashment for employees in private sector organizations. The new tax-exempt limit is INR 2.5 million, which reflects the higher average...
 
 
India, UK FTA Negotiations: Key Updates
 
Tenth round of negotiations: June 5-9, 2023: Of the 26 policy areas in the UK-India FTA, 13 chapters have been substantially completed. The remaining areas or chapters require both parties to align...
 
 
India-Vietnam Trade: How West Bengal Plays a Key Role
 
India-Vietnam trade has experienced significant growth in recent years, with West Bengal playing a pivotal role in facilitating this bilateral trade relationship. Situated strategically, West...
 
 
India and Russia: The 2023 Trade and Investment Dynamics
 
Russia and India are not traditionally well aligned; however their visions often converge when it comes to the geopolitics concerning the present world order. The two also are deeply...
 
 
India-Iran Multilateral Trade Dynamics and Future Outlook
 
Despite recent challenges, India and Iran are actively seeking avenues to deepen their economic integration. We discuss the multilateral trade dynamics between the two, with a special focus on the...
 
 

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NEWS FROM AROUND ASIA:

 
 
An Introduction to Doing Business in India 2023 (Complimentary Report)
 
 
An Introduction to Doing Business in India 2023 (Complimentary Report)
 
This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment...
 
 
 
Discovering Gujarat’s Investment Potential: Policies, Hubs, and Industry Base – New Issue of India Briefing Magazine Out Now
 
This magazine discusses the key drivers of investment growth in the west Indian state of Gujarat and its appeal for industry and export-oriented...
 
 
Afghanistan And The Potential For BRICS Membership: Capacity, Possibilities, Obstacles, and Prospects
 
Afghanistan has been under the control of the Taliban since September 2021. The Taliban has announced the Islamic Emirate of Afghanistan, but it...
 
 
Pakistan Taking Its IMF Medicine, 2023/24 GDP Growth Rates Forecast At 3.5%
 
Ishaq Dar, Pakistan’s Finance Minister said on Saturday (June 10) that a projection in the government’s budget of 3.5% economic growth for the year...
 
 
Chris Devonshire-Ellis BRICS Interview On Newsweek
 
Chris Devonshire-Ellis, the Chairman of Dezan Shira & Associates, has been interviewed by Newsweek as concerns the current status of the developing...
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Diversifying China Production and Sourcing Into Southeast Asia and India
 
Seminar | Friday, June 16, 2023 | 11:30 AM - 2:00 PM CDT
 
 
 
Unlocking India's Thriving Healthcare Market: Investment Opportunities for Global Businesses
 
Webinar | Wednesday, June 20, 2023 | 11:30 AM India Time / 4:00 PM AEST Time / 2:00 PM China Time / 1:00 PM Vietnam Time
 
 
 
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