New 27/7 Trading Law in India, the Philippines to Lower its CIT, and an Analysis of China's e-Waste Crisis
India’s Union cabinet recently approved a bill that will allow commercial establishments to operate for 24 hours a day. Elsewhere, the Philippines is set to lower its CIT under new President Duterte, and China's electronic waste problems continue to worsen.
China Bans Foreign Investment in Tobacco While More Sectors Open up for 'Automatic' Investment in India
China’s Ministry of Industry and Information Technology recently announced regulations barring FDI in the country’s enormous tobacco industry. In contrast, India's government has opened up new sectors to what it terms 'automatic' foreign investment. further liberalizing the Indian market.
Times Higher Education's Asia Rankings Demonstrate Increased Government Investment in Education Across Asia
Times Higher Education (THE) released their annual Asia University Rankings today, awarding the National University of Singapore (NUS) the top spot in Asia. Here, we take a look at the 2016 Asia University Rankings, and focus on the increased government investment in the education sector.
China's NGO Law and the Higher Education Industry, Lessons from Patanjali on the Indian Market, and an ASEAN Regional Minimum Wage
China's new NGO law and its effect on FDI into the higher education industry; how Patanjali, a relatively young player in the Indian consumer goods sector, has taken the Indian market by storm; and Indonesia's proposal for a regional minimum wage across ASEAN.
A Comparison of WeChat and Alipay, India's Signing of OECD Reporting Agreement, and Vietnam's Updated Criminal Code
In this week's news, we compare China's two most popular online payment methods, WeChat and Alipay, examine India's signing of the OECD Country-by-Country Reporting Agreement, and discuss how Vietnam’s updated Criminal Code will affect the HR systems of foreign companies operating in the country.
China Introduces New Transfer Pricing Rules, India Set to Implement National Education Policy, and Opportunities in ASEAN’s Emerging Sharing Economy
China’s State Administration of Taxation has issued new regulations that fundamentally change how China treats transfer pricing, while India has recently announced its intent to establish a National Education Policy that will affect FDI into its education industry.
- China Targets Reduced Meat Consumption, India Looks to Allow Foreign Law Firms to Practice, and Malaysia Raises Minimum Wage
- New 27/7 Trading Law in India, the Philippines to Lower its CIT, and an Analysis of China’s e-Waste Crisis
- China’s NGO Law and the Higher Education Industry, Lessons from Patanjali on the Indian Market, and an ASEAN Regional Minimum Wage
- A Comparison of WeChat and Alipay, India’s Signing of OECD Reporting Agreement, and Vietnam’s Updated Criminal Code
In India, an individual’s income is taxed at graduated rates, depending on his/her duration of stay in India and income level. In this article, we outline the rates and calculation methods for both income sources, and summarize common deductions and inclusions in income for expatriates working in India.
- Ind-AS: Preparing for India’s New Accounting Standards
- Bangladesh Set to Move Ahead With Flat VAT Rate in 2016
- Hong Kong’s Advance Pricing Arrangement Program
- Understanding Asia’s Individual Income Tax Rates
With a total population exceeding 250 million, Indonesia is a great market opportunity for foreign companies seeking to expand their consumer base and bolster production. In this article, we outline the steps required to set up Representative Offices in the ASEAN country, as well as include information on ROs in other Asian markets.
- Logging into China’s E-Commerce Market: Nationwide Access Announced for Foreign Investors
- China, India & Vietnam: Setting Up in Asia’s Investment Hotspots – New Issue of Asia Briefing Magazine
- Sealing the Deal in Vietnam: Company Chops Necessary
- China’s Territorial Disputes in Asia During 2015
The New Climate Economy is a major international think tank, examining how countries can achieve economic growth while dealing with the risks posed by climate change. Notable and deliberate omissions amongst its members are the United States, China and India.
- Who Loves the Sun? Investing in Asia’s Solar Energy Market
- Choosing an Investment Location in ASEAN’s Booming Automobile Industry
- China Lowers Barriers to Entry for Foreign Pharmaceuticals, Medical Devices
- Going Organic: Investing in China’s Growing Health Foods Market
For foreign enterprises operating in Asia, firing an employee is a process fraught with various dos and don’ts. In this article, we present a case study that illustrates how a successful termination can be made in China – a country with a notoriously complicated termination procedure.
- Employer Branding in China: Attracting Chinese Employees
- Applying for Permanent Residency in Singapore – What a Foreigner Needs to Know
- Sending employees to China on a Project Basis? Avoid an Unexpected Tax Bill
- Understanding Labor Contracts in China, India and Vietnam