Business updates and special topic events, specially curated for global foreign investors in...

08 February 2024	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

INDIA EDITION


TOP STORIES THIS WEEK:


India’s Interim Budget Rounds Up Key Tax Reforms, Makes Case for Modi Third Term

In a marked departure from 2019, finance minister Nirmala Sitharaman’s 2024 interim budget contained no surprises for the tax payer. We list key announcements in the tax realm under this budget, which was mostly a recount...


India Cuts Import Duty on Mobile Phone Components from 15% to 10%

Two days prior to the interim budget announcement, the Indian government slashed import duties on a range of mobile phone components as well as input materials for mobile manufacturing, which may lower costs and attract...


India-EFTA Close to Finalizing a Free Trade Agreement

The 21st round of discussions to the TEPA was held in Delhi from January 8 to 13, 2024, which mainly focused on areas of trade in services, rules of origin, trade facilitation, investment promotion and cooperation...


EV Sector in India: Production Capacity, Government Targets, and Market Performance

India's electric (EV) two-wheeler market experienced a notable surge in sales in the third quarter of FY 2023-24 (Q3 FY 24) compared to the previous quarter (Q2 FY 24), with a 34.42 percent increase. Major auto players...


Understanding Accelerated Depreciation of Solar Power Assets in India

Switching to renewable energy not only promotes environmental responsibility but also serves as a highly effective cost-saving measure. Section 32 of the Indian Income-tax Act of 1961 allows companies to enjoy accelerated...

We hope you're enjoying this India Edition.

To receive any of our other complimentary regional editions, including China, ASEAN, Vietnam, Middle East, or our Asia weekly round-up you can add or change subscriptions. Or newly subscribe a friend.


NEW PUBLICATIONS FOR COMPLIMENTARY DOWNLOAD:

Manufacturing in Asia: 9 Crucial Factors for Location Selection


Manufacturing in Asia: 9 Crucial Factors for Location Selection

Are you ready to diversify, but unsure where to relocate your supply chain to? The following checklist outlines nine essential elements you should collect information or data about to fully understand your options and...


Investing in India’s Green Economy

Economic growth hinges on equitable resource distribution and the adoption of emerging technologies, such as renewables, electric vehicles, and resource-efficient buildings. In response to escalating concerns about...


An Introduction to Doing Business in India 2024

This guide covers essential aspects of investing in India, including corporate establishment, investment climate, tax, audit, accounting, HR, payroll, and the trade environment.

Do you have any feedback? Our teams would love to hear from you!


UPCOMING EVENTS FOR ASIA:


Startup Expo and Business Summit 2024

Business Summit \| New Delhi, India

For daily alerts, follow us on social

Subscribe | Preferences | Unsubscribe | Terms of use | About us