05 APRIL 2023View 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 2023: Essential Updates for Businesses
 
India’s Finance Act 2023 has introduced various changes that can have significant tax implications for businesses operating in the country. As a result, it is important for businesses to carefully assess these changes before taking any actions. We provide an explainer.
 
 
India’s Exports Hit Record High of US$750 Billion Despite Global Recession
 
India’s Commerce Minister, Piyush Goyal, recently announced that the country’s exports had reached a historic high of US$750 billion – a phenomenal 35 percent increase from US$500 billion recorded in financial year (FY) 2020–2021.
 
 
India’s New Foreign Trade Policy 2023 in Effect from April 1: Key Points
 
India’s Foreign Trade Policy (FTP) 2023 will be dynamic and open to consultative feedback with a target of US$2 trillion exports by 2030. New export hubs have been announced as well as measures targeting the e-commerce, dairy, and apparel and clothing sectors, among others. The new FTP also seeks the internationalization of domestic currency and will facilitate global trade payments in rupees.
 
 
Intellectual Property Rights in India: Laws and Procedures for Registration
 
In India, there are different types of intellectual property, which are protected under different laws. In order to register intellectual property, one must navigate complex legal requirements and compliances. We explain India’s IPR regulations and registration procedures.
 
 
Russia’s New Foreign Policy Concept: The Impact On BRICS Plus
 
The Concept praises India, mentioning the relationship as ‘privileged’ and stating: “Russia will continue to build up a particularly privileged strategic partnership with India with a view to enhance and expand cooperation in all areas on a mutually beneficial basis and place special emphasis on increasing the volume of bilateral trade, strengthening investment and technological ties, and...
 
 

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NEWS FROM AROUND ASIA:

 
 
An Introduction to Doing Business in India 2023 (Complimentary Report)
 
 
An Introduction to Doing Business in India 2023 (Complimentary Report)
 
This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment, merger and acquisition, tax advisory, HR and payroll...
 
 
 
Foreign Investors In UAE FTZ Must Pay Attention To Upcoming Tax Regulatory Changes
 
Special attention will be paid by the UAE tax authorities to the new ‘anti-abuse rules’.
 
 
The Expansion of the International North-South Transport Corridor: Geopolitical Updates
 
Russia and Iran are advancing the idea of the International North-South Transport Corridor (INSTC), a transportation route which despite some...
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Navigating Indian Tax Laws: Understanding Tax Implications for Businesses Operating in India
 
Webinar | Tuesday, April 18, 2023 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
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