02 May 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:

 
 
 
Goods and Services Taxes in India 2024
 
In this tax issue from India Briefing, we discuss the framework of the GST regime, including updates in 2024, the latest GST rates applicable on goods and services, compliance obligations and reporting requirements for...
 
 
 
Amendments to DPDP Act Priority for India’s Modi Government if it Wins Third Term
 
Implementation rules for India's DPDP Act, which was passed in parliament in August 2023, is expected to be enacted in the first 100 days of the formation of a new government and will establish rules on important digital...
 
 
 
Update: India Has Approved 124 FDI Proposals from Neighboring Countries Since 2020
 
Since April 2020, India has enforced mandatory prior government approval for foreign direct investment from neighboring countries, regardless of sectoral caps or liberalized provisions.
 
 
 
India’s Corporate Affairs Regulator Seeks Public Feedback on 7 Regulations Under Insolvency and Bankruptcy Code
 
Regulatory changes are proposed on insolvency proceedings at the National Company Law Tribunal (NCLT), the insolvency and liquidation process for financial service providers (FSPs), the resolution process for personal...
 
 
 
EPFO in India Mulls Raising Monthly Minimum Wage Ceiling After a Decade
 
India’s Employees’ Provident Fund Organization (EPFO) is reportedly considering raising the monthly minimum wage ceiling from INR 15,000 to INR 21,000 in order to improve coverage.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
An Introduction to Doing Business in Indonesia 2024
 
 
An Introduction to Doing Business in Indonesia 2024
 
This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates, a specialist foreign direct investment practice, providing corporate...
 
 
 
 
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...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
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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