The central government tabled a revised Income Tax (No. 2) Bill, 2025, in Parliament on August 11, 2025. Key changes include a simplified tax regime under Clause 202(1), updated rebate provisions, removal of outdated clauses, etc.
With just one day to go until the 90-day tariff pause expires, Trump has yet to decide on an extension. As businesses brace for impact, we discuss the possible outcomes and the issues stymying a lasting agreement.
Vietnam’s government, in August 2025, introduced a limited-term visa waiver scheme aimed at attracting foreign individuals who can contribute meaningfully to the nation's socio-economic development.
India has withdrawn the Income Tax Bill, 2025, to incorporate key revisions and feedback suggested by a select committee. A revised draft, reflecting stakeholder input and simplification measures, is set for reintroduction on August 11, 2025.
Vietnam mandates the use of electronic invoice (e-invoice) for all taxpayers. This article provides essential guidance and notes the step-by-step compliance requirements for businesses implementing e-invoicing.
Maintaining a dormant company in the UAE offers flexibility with ongoing compliance, while full closure provides finality but involves higher upfront costs and procedural complexity.