Vietnam's government has approved a roadmap to implement the National Electricity Development Plan 2021 to 2030, with a vision to 2050. We discuss key points in the plan and ongoing regulatory efforts in the power sector.
India's Income Tax Department has released ITR Forms 1-6 for AY 2024–25 and is enabling e-filing mechanisms according to reporting deadlines.
Government ministers and stakeholders are discussing the potential implementation of a so-called “golden license” for business in the UAE.
As part of Indonesia's data protection law, businesses must implement Data Protection Impact Assessments for activities involving the processing of high-risk personal data.
In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in March 2024. These initiatives target to increase market access, attract foreign investment, support technology innovation, and clarify tax compliance.
India has announced that tax rates on royalties and fees for technical services under the India-Spain DTAA will be capped at 10%, a rate lower than domestic laws, as per a most-favored nation basis, according to a March 2024 notification.
The UAE Federal Tax Authority will enable taxpayers subject to Corporate Tax to submit registration requests at 23 Government Service Centres across the Emirates.
The UAE Federal Tax Authority has streamlined actions to expedite service delivery and enhance customer satisfaction under the Government Service 2.0 Framework.
The UAE’s Federal Tax Authority has issued a new Decision specifying the timeframes for businesses to register for corporate tax in 2024.
The negative lists provide clarity and relax restrictions on overseas companies selling services to China, laying the groundwork for future market access expansion.
FY 2024-25 begins April 1, 2024 and brings in no new changes to the tax rules in India per the federal government. We roundup the direct tax rules applicable for AY 2024-25 and certain Finance Act 2024 amendments to the indirect tax regime.
Under Indonesia's PDP Law, personal data processing activities must be conducted in a specific, legally valid, and transparent manner.