27 June 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:

 
 
 
FDI in India FY 2023-24: Top State and Sector Beneficiaries
 
Overall, despite declines in comparative inflows, Maharashtra, Gujarat, and Karnataka remained top destinations while computer software & hardware and the services sectors remained top sector beneficiaries.
 
 
 
GST Council’s 53rd Meeting: Key Recommendations
 
The recommendations include several measures to lessen the tax and legal burdens on taxpayers in India as well as steps that can be taken to facilitate trade. Once relevant circulars and legal amendments are issued, these...
 
 
 
India to Ease Visa Norms for Chinese Technicians, Expand Scope beyond PLI Sectors
 
Per recent reports, New Delhi is currently considering extending visa relaxations to meet the needs of domestic manufacturing facilities that are installing Chinese machinery.
 
 
 
India’s BIS Introduces Two New EV Safety Standards
 
The Bureau of Indian Standards (BIS) has unveiled two new criteria to improve electric vehicle (EV) quality and safety norms in India. The announcement was made by the Department of Consumer Affairs on June 22, 2024.
 
 
 
Guide to Business Income Tax Return Filing in India
 
Companies, firms, and LLPs in India, must file business tax returns annually regardless of profitability or activity. Further, all business undertakings are obligated to file income tax returns regardless of tax audit...
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
From Recruitment to Retention: India HR Insights for 2024
 
 
From Recruitment to Retention: India HR Insights for 2024
 
This issue offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.
 
 
 
 
Guide to HR Compliance and Best Practices in China
 
The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.
 
 
 
Complying with Vietnam’s Personal Data Protection Decree
 
This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree.
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Compliance in China: New Company Law Impacts on Foreign-Invested Enterprises (FIEs) from Legal, Financial, and Tax Perspectives
 
Event | Thursday, June 27, 2024 in Shenzhen and Online / Tuesday, July 2, 2024 in Guangzhou | 4:00 PM China / 10:00 AM CEST / 9:00 AM UK
 
 
 
Microsoft Business Central and Localizing ERP for China: Training for Decision Makers
 
Training | July 2-4, 2024 | 5:00 - 7:00 PM China​
 
 
 
Understanding China's New IIT Law and the Six-Year Rule: A Guide for Foreign Taxpayers
 
Webinar | Tuesday, August 6, 2024 | 4:00 PM China / 10:00 AM CEST / 3:00 PM Vietnam
 
 
 
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