India has revised the CSR-1 registration form effective July 14, 2025, requiring more detailed disclosures from entities implementing CSR activities under Section 135 of the Companies Act, 2013, to enhance transparency and accountability.
The Amended Law on Enterprises 2025 introduces various regulatory reforms aimed at transparency, strengthening corporate governance, and ensuring Vietnam’s legal framework aligns with global anti-money laundering standards.
On July 16, 2025, a parliamentary panel in India submitted 285 recommendations on the draft Income Tax Bill, 2025. The proposed legislation, expected to come into effect by April 2026, aims to replace the Income Tax Act of 1961.
Effective July 1, 2025, Shanghai raised its minimum wage to RMB 2,740 per month and RMB 25 per hour. The adjustment reflects a stable, cautious wage policy amid shifting economic conditions.
On October 10, the Australian government announced that it has agreed on a timetable with China for the full resumption of Australian live rock lobster exports by the end of 2024.