News Across Asia - Page 152

Vietnam Briefing

U.S. Chooses to Retain Vietnam's Non-Market Economy Status Despite Reforms

08/08/2024

The U.S. has rejected Vietnam's bid to change its non-market economy status after a year-long review, despite acknowledging reforms. The decision means that the U.S. will retain the methodology used in calculating anti-dumping duties on imports from Vietnam.

Middle East Briefing

Accepted Transfer Pricing Methods in the UAE: Guidelines from the Federal Tax Authority

08/08/2024

We discuss the main transfer pricing methods accepted by the UAE government under the Corporate Tax Law and aligned with OECD guidance.

India Briefing

Eight National Highway Projects Sanctioned, Expected to Boost India's Connectivity

08/07/2024

India has approved eight national high-speed road projects totaling 936 km, investing INR 506.55 billion (US$6.03 billion) to improve logistics efficiency and connectivity.

Vietnam Briefing

Key Industrial Parks in Northern Vietnam

08/07/2024

We list key industrial parks in Northern Vietnam favored by foreign investors as well as their respective sector focus and tax incentives.

India Briefing

Capital Gains Tax in India: An Explainer

08/07/2024

In India, any profit or gain arising from the sale of a capital asset is deemed as capital gains and is charged to tax under the Income-tax Act, 1961. We discuss the latest changes to taxation of capital gains introduced under the Union Budget 2024.

China Briefing

New 144-Hour Visa-Free Policy for Foreign Tour Groups from Hong Kong and Macao Entering Hainan

08/07/2024

China's National Immigration Administration (NIA) has introduced a new 144-hour visa-free policy for foreign tour groups from Hong Kong and Macao entering Hainan, expanding the scope of the existing 30-day visa-free policy.

Middle East Briefing

Egypt's Fiscal Performance in the 2023-24 Financial Year

08/07/2024

While Egypt's fiscal performance in 2023-24 shows significant achievements, ongoing economic reforms are essential for sustainable growth.

Middle East Briefing

Gulf Nations Invest in AI Capabilities

08/07/2024

GCC countries are making impressive strides in artificial intelligence (AI) development, with Qatar leading the charge in terms of investment.

China Briefing

China Monthly Tax Brief: July 2024

08/07/2024

Highlights from this monthly China tax brief include multiple tax incentives for encouraging green development, supporting listed SMEs, and guiding M&As.

India Briefing

Tax Dispute Resolution Scheme for Contractors in Government Procurement in India

08/06/2024

The Vivad se Vishwas, or VsV scheme, aims to reduce tax litigation in India by offering a simple, efficient mechanism for taxpayers to settle their disputes with tax authorities.

Vietnam Briefing

Nike Factories and Supplier Network in Vietnam

08/06/2024

Nike’s been operating in Vietnam for over a decade. Here’s where their factories are and why.

ASEAN Briefing

Swiftonomics: Fueling Singapore’s Entertainment Hub Growth

08/06/2024

Swiftonomics is fast-tracking Singapore’s emergence as a leading entertainment hub.