News Across Asia - Page 44

India Briefing

India's Component Warehousing Safe Harbor: A Competitive Tax Proposition for Global Manufacturers

02/11/2026

India’s Budget 2026-27 introduces a 2 percent safe harbor for bonded component warehousing and a five-year tax exemption for non-resident suppliers, offering transfer pricing certainty and strengthening India’s role in global manufacturing supply chains.

India Briefing

After 10 Months of Tariff Deadlock, US and India Find Common Ground on Trade

02/11/2026

The White House has revised its February 2026 factsheet on the interim India-US trade framework, softening procurement language from “committed” to “intends” regarding over US$500 billion in US goods.

India Briefing

Uttar Pradesh Updates Shops & Establishments Law: Check Applicability, Working Hours, and Compliance

02/11/2026

The Indian state of Uttar Pradesh has overhauled its Shops and Commercial Establishments Act, expanding statewide applicability and modernizing employer compliance. The latest updates include threshold-based coverage, digital registration, revised working hours, and stronger enforcement for businesses operating in the state.

Vietnam Briefing

Driving Vietnam’s Private Sector Growth: Core Incentives Introduced by Decree 20/2026

02/10/2026

Vietnam’s Decree No. 20/2026/ND-CP outlines incentives for private-sector development, covering taxes, fees, land, and human resources.

ASEAN Briefing

How Indonesia’s PT PMA Structure Fits Foreign Ownership and Control Requirements

02/10/2026

Foreign investors can use a PT PMA to secure ownership control capital structure and profit repatriation in Indonesia.

India Briefing

Madhya Pradesh Shops & Establishments Act Amendment: Digital Compliance Reforms and Employer Implications

02/10/2026

The Madhya Pradesh Shops & Establishment Act, Second Amendment, enacted on December 15, 2025, brings digital registration, online inspections, real-time updates, and simplified compliance for employers operating in the state.

China Briefing

China’s New Vehicle Data Export Guidelines: How Automakers Should Prepare

02/10/2026

China has released the 2026 Guidelines for the Security of Cross Border Transfer of Vehicle Data, offering industry-specific clarity on data export compliance requirements.

India Briefing

India's Textile PLI Scheme: Extended Window till March 31

02/10/2026

India has extended the application window for the Textile PLI Scheme to March 31, 2026. Businesses in the textile sector should act quickly to secure incentives for scaling production and strengthening export competitiveness.

Middle East Briefing

Oman Unveils VAT Refund Scheme for Tourists: Expected Impact on Retail and Tourism

02/10/2026

Oman announced a new VAT refund scheme for tourists aiming to strengthen its retail and tourism competitiveness by aligning with regional (GCC) and global best practices.

ASEAN Briefing

Using Business Intelligence to Evaluate Workforce Availability and Wage Levels in Indonesia

02/09/2026

Investors use business intelligence to assess workforce supply, wage levels, and hiring risks before selecting locations in Indonesia.

Vietnam Briefing

Resolution 79: What Vietnam’s SOE Strategy Means for Private Businesses

02/09/2026

Vietnam’s Resolution 79 positions state-owned enterprises as strategic anchors, reshaping opportunities for private-sector growth.

India Briefing

India Unveils Draft Income Tax Rules, 2026 Ahead of April 1 Rollout

02/09/2026

India’s tax administration has released the draft Income Tax Rules, 2026. The proposal streamlines the compliance framework, reducing it to 333 rules and 190 statutory forms. Public consultation remains open until February 22, 2026.