The Indian government is planning to introduce the Direct Taxes Code (DTC) in the monsoon session of Parliament. As reported by Asia in Focus, the DTC, which includes several tax reform measures, will replace the Income Tax Act 1961. The government came out with a revised DTC draft in June this year after holding discussion with the industry and other stakeholders. |
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Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more
Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more
Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more