23 August 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 Trade and Development with BRICS: Analysis and Opportunities
 
With the BRICS 2023 summit now underway, India is a key member of the bloc and recorded over US$100 billion in intra-BRICS trade in 2022. It trades with all members. BRICS allows India to resolve...
 
 
 
India Plans Manufacturing Incentive Scheme for Toys, Leather, and Footwear Products
 
India is planning to broaden its Production-Linked Incentive (PLI) scheme to cover toys, footwear, and leather goods. This initiative is designed to boost domestic manufacturing, stimulate...
 
 
 
Legal Framework Underway to Establish India’s GIFT City as a Global Accounting Hub
 
GIFT City in the Indian state of Gujarat is poised to become a global accounting hub with a comprehensive legal framework in development. Key policy initiatives focus on insurance and reinsurance...
 
 
 
A Common BRICS Currency Is Sometime Away, but We Do Know Its Name
 
Brazil’s former representative at the International Monetary Fund (IMF), Paulo Nogueira Batista Jr, has stated that in time, the five BRICS countries – which may have increased in the interim –...
 
 
 
India Introduces Taxation Changes for High-Premium Life Insurance Policies
 
India has recently introduced a new tax rule for life insurance policies that will have a significant impact on policyholders, especially those who have high-premium policies. Under the new rule...
 
 
 
Optimizing Tax Benefits with India’s Undivided Family (HUF) Business Structure
 
Embracing tradition in modern finance, the Hindu Undivided Family (HUF) framework in India presents business owners and entrepreneurs with unique avenues for tax optimization, succession planning...
 
 
 

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COMPLIMENTARY INDIA DOWNLOADS:

 
 
An Introduction to Doing Business in India 2023
 
 
An Introduction to Doing Business in India 2023
 
This publication is designed to introduce the fundamentals of investing in the Indian market and includes a guide to corporate establishment...
 
 
 
 
An Introduction to Doing Business in India 2023 for EU Investors
 
This publication is designed to introduce to EU business stakeholders the fundamentals of investing in the Indian market and includes a guide to...
 
 
 
Selling to the Indian Market
 
This publication offers insights into different approaches for entering the Indian retail market and establishing a corporate entity, along with...
 
 
 
Decoding Tax Implications for Doing Business in India 2023-24
 
The guide covers a wide range of topics, including the rules triggering an entity’s tax liability in India, reporting obligations and their...
 
 
 
A Guide to Minimum Wages in India in 2023
 
This article will address some FAQs, including how minimum wages are calculated in India, what is the penalty for non-compliance, and what are some...
 
 
 
Discovering Gujarat's Investment Potential: Policies, Hubs, and Industry Base
 
This magazine discusses the key drivers of investment growth in the west Indian state of Gujarat and its appeal for industry and export-oriented...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Future-Proof Your Business: De-Risk Your Supply Chain in Asia
 
Webinar | Wednesday, August 23, 2023 | 9:00 AM PDT / 12:00 PM EDT
 
 
 
Exploring India's Dynamic Start-Up Landscape: Key Insights and Investment Opportunities
 
Webinar | Wednesday, August 09, 2023 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
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