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Countdown to the End of the 90-Day Tariff Pause: Where Does India Stand Now?

2025-07-03
In 2025, India held numerous rounds of discussions with the US to negotiate a favorable trade deal. A formal trade agreement between the two countries has been under deliberation for several years; however, the momentum has gained a notable pace since February 2025. As the 90-day pause on United States (US) tariffs draws to a close, India’s key industries are bracing for potential disruptions in the global trade landscape.

Featured Business News

China Briefing

China Tax Filing: Apply for Super Deductions of R&D Expenses for H1 2025 in July

07/03/2025

China’s tax authority reminds taxpayers that they can apply for the super deduction of R&D expenses for the first half of 2025 during the July filing period. We provide a Q&A section on when and how to apply for this policy.

India Briefing

India’s Passport Rules 2025: Key Changes You Need to Know

07/03/2025

India has introduced a series of key changes to its passport regulations in 2025. The latest development is the rollout of ePassport for enhanced security, quicker immigration, and fraud prevention.

Vietnam Briefing

US Tariffs on Vietnamese Exports: Analyzing the New Framework

07/03/2025

In a significant move, US President Donald Trump has announced new tariffs on Vietnamese exports, imposing a 20 percent duty along with a 40 percent levy on goods deemed to be transshipped. This development could reshape trade dynamics between the two nations.

Middle East Briefing

Egypt Introduces Targeted VAT Amendments to Broaden Tax Base

07/03/2025

Egypt has enacted targeted VAT amendments, expanding the tax base in construction, real estate, energy, tobacco and alcohol, while preserving exemptions for essentials and promoting digital invoicing to boost equity and compliance.

ASEAN Briefing

Indonesia Eases Import Rules for 10 Key Commodities to Boost Trade and Investment

07/03/2025

On June 30, 2025, Indonesia announced a major deregulation initiative to ease import restrictions on 10 strategic commodity groups. The policy, introduced by Coordinating Minister for Economic Affairs Airlangga Hartarto and formalized under Trade Ministry Regulation No. 16 of 2025, is scheduled to take effect by the end of August 2025.

China Briefing

China Grants 10% Tax Credit for Overseas Investors Reinvesting Profits

07/02/2025

China introduced a new tax credit policy allowing overseas investors to claim a 10 percent credit on reinvested profits in qualified domestic sectors. This move, part of a broader strategy to stabilize and upgrade foreign investment, reflects Beijing’s commitment to attracting long-term capital into high-tech and strategic industries.

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It has been produced by Dezan Shira and Associates since 1999.

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