22 February 2024View 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 Finance Act, 2024 Makes Changes to the Input Service Distributors Mechanism in the GST Regime
 
The Finance Act 2024 introduces updates to the Central Goods and Services Tax Act, 2017 regarding input service distributors (ISD) and penalties for failing to register specific machinery used in manufacturing under...
 
 
 
Section 43B (h) of the Indian Income Tax Act: Applicability & Scope
 
We discuss why companies making delayed payments to MSME suppliers can face higher taxes under section 43B(h) of the Income-tax Act, 1961.
 
 
 
Farm Mechanization in India’s Agriculture Sector: Challenges and Opportunities
 
Increasing the rate of farm mechanization is critical for India to sustainably meet its massive production demand and develop value chains and modernized food systems. However, at present, the average adoption rate of...
 
 
 
Mumbai Investment Profile: Economy, Infrastructure, Industries
 
Mumbai is the largest city in Maharashtra and is the top financial and commercial hub of India, given its significant contribution to the nation’s economy.
 
 
 
The OSH Code, 2020: A Primer
 
The yet-to-be-implemented Occupational Safety, Health, and Working Conditions (OSH) Code, 2020 will subsume several existing HR regulations. We discuss the key changes so companies can plan ahead.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Investing in India’s Green Economy
 
 
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...
 
 
 
 
Expert Videos by Dezan Shira's Advisory Teams
 
Discover the power of expertise and gain valuable insights from industry leaders through a collection of expert videos.
 
 
 
An Introduction to Doing Business in India 2024
 
This guide highlights the country's robust economic growth, with a projected third-largest global economy status by 2030. Despite global challenges, India's stable political environment and business-friendly policies...
 
 
 

Do you have any feedbackOur teams would love to hear from you!

 
 

UPCOMING EVENTS FOR ASIA:

 
 
 
Startup Expo and Business Summit 2024
 
Business Summit | New Delhi, India
 
 
 
India’s Manufacturing Landscape in 2024: Key Sectors, Challenges, Competitiveness, and Schemes
 
Wednesday, March 13, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
India’s Manufacturing Landscape in 2024: Key Sectors, Challenges, Competitiveness, and Schemes - US Time Zone
 
Webinar | Thursday, March 14, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
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