18 April 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-Mauritius DTAA Amendment Closes Tax Avoidance Loophole
 
India and Mauritius have signed the protocol amending their Double Taxation Avoidance Agreement (DTAA), which now incorporates the Principal Purpose Test (PPT).
 
 
 
India-Peru Trade Agreement: Bilateral Negotiations in Focus
 
Peru has become India’s third-largest commercial partner from Latin America and the Caribbean group of nations, with two-way trade growing to US$3.68 billion in 2023.
 
 
 
New Delhi Reviews ASEAN Trade Pact, Focus on Tariff Anomalies
 
India has begun reviewing its trade agreement with the ASEAN bloc to reassess products where duties on input items are greater than on finished goods.
 
 
 
Environmental Compliance for Companies in India: Key Legislation and ESG Guidelines
 
Despite India’s uneven enforcement of its environmental legislation, businesses in polluting industries or whose premises are located in sensitive ecosystems face increased legal scrutiny.
 
 
 
India Extends Deadline for Proposal Submission on Green Hydrogen R&D to April 27
 
The move is anticipated to allow researchers and institutions to submit high-quality applications for the advancement of the production of green hydrogen in India.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
From stricter capital injection rules to enhanced corporate governance, the changes introduced in the New Company Law have far-reaching implications for businesses, including foreign invested enterprises (FIEs)...
 
 
 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...
 
 
 
Inside India's Manufacturing Revolution: Strategies and Insights for Business Success
 
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Navigating Indian Tax Laws: Implications for Businesses in 2024
 
Webinar |Thursday, April 25, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
India’s Top 5 Investment Destinations: Strengths and Opportunities for Foreign Businesses
 
Webinar | Thursday, May 16, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
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