16 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:

 
 
 
Top 5 Investment Destinations in India in 2024
 
India’s top investment hubs are in the states of Maharashtra, Karnataka, Gujarat, Tamil Nadu and the Delhi National Capital Region.
 
 
 
India’s Trade Performance in FY 2023-24 and Pivot to New Export Markets
 
We discuss India’s trade performance in FY 2023-24 and the strategy to overcome the trade deficit by penetrating new export markets for its commodities and value-added products.
 
 
 
Understanding How Foreign Tax Credit Provisions Work in India
 
We discuss the Foreign Tax Credit provision in Indian tax law and how non-residents can minimize their tax liability burden via Form 67 of the Income Tax Act, 1961.
 
 
 
Business Prospects in India’s Booming Construction Equipment Market
 
India’s construction equipment industry is the third largest in the world, generating a turnover of approximately US$8.5 billion annually.
 
 
 
Why India Has Signed a 10-Year Pact with Iran to Operate its Chabahar Port
 
Despite threat of US sanctions, India and Iran signed a 10-year long-term bilateral contract for the operation of Chabahar Port, likely motivated by New Delhi’s strategic considerations.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Navigating Asia's Industrial Landscape in 2024
 
 
Navigating Asia's Industrial Landscape in 2024
 
The Emerging Asia Manufacturing Index is a model for ranking manufacturing destinations to help international manufacturers address knowledge gaps in the Asia region. The index covers eight countries: Bangladesh...
 
 
 
 
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...
 
 
 
Goods and Services Taxes in India 2024
 
India's Goods and Services Tax (GST) regime has significantly altered the landscape of indirect taxation in the country, aiming to streamline processes and reduce cascading tax. We discuss how the system works for...
 
 
 

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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
 
 
 
Establishing Presence in India’s GIFT City: Key Insights and Tips for Businesses
 
Webinar | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
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