| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates (An Ascentium Company). |
| |  |
|
|
|---|
|
| | The 57th Goods and Services Tax (GST) Council meeting recommended measures to simplify GST registration and return filing, expedite eligible refunds, and streamline tax dispute resolution. The proposals also address input tax credit (ITC) claims, registration for small e-commerce sellers, export-related GST benefits, and e-way bill inspections. These recommendations remain subject to formal notification and applicable implementation dates. | | | | The central government has notified the Customs Tariff (Determination of Origin of Goods under the Free Trade Agreement between India and New Zealand) Rules, 2026. Effective 20 October 2026, the rules specify product-specific origin criteria, qualifying value-content requirements, documentation standards, and conditions for bilateral cumulation and third-country transit. | | | | India’s southern state of Tamil Nadu remains a key automotive investment destination, accounting for 36 per cent of India’s two-wheeler production and 35 per cent of automotive component production. Between August 2025 and July 2026, the state exported vehicles worth approximately US$4.86 billion, supported by established manufacturing clusters, supplier networks, port connectivity, and investment incentives. | | | | India’s Central Board of Direct Taxes (CBDT) has revised Form No. 161 for taxpayers seeking a waiver of income tax penalties under the Income Tax Act 2025. Effective 9 October 2026, the changes introduce a new application form requiring details of tax assessments, outstanding dues, and payments made. Taxpayers must meet the applicable eligibility conditions to qualify for a waiver. | | | | The Department of Consumer Affairs has notified amendments to the Consumer Protection (E-Commerce) Rules, 2020, effective 1 January 2027. The changes introduce stricter requirements for discount-pricing disclosures, annual dark-pattern audits, seller identification, product information, consumer data use, and platform fees. | | |
|
|
|---|
|
We hope you're enjoying this India Edition. To receive any of our other complimentary regional editions, including ASEAN, Vietnam, China, Middle East, or our Asia weekly round-up you can add or change subscriptions. Or newly subscribe a friend. |
|
|
|
|---|
|
COMPLIMENTARY BUSINESS RESOURCES: |  | | | | The issue offers practical insights into exporting to India, working with distributors, leveraging FTAs for market access, and transitioning to a local presence as operations expand. | | | | This issue explains how India’s labor codes, state-level minimum wage rules, employment models, contractor risks, payroll TDS obligations, and the Income-tax Act, 2025 affect workforce planning, compensation structuring, HR administration, and employee exits. |
|
|
|---|
|
Do you have any feedback? Our teams would love to hear from you! |
|
|
|
|---|
|
UPCOMING EVENTS FOR ASIA: | | 高管商务交流会 | 2026年10月27日，下午2:00 - 5:30，深圳汉国中心 | | | | 高管商务交流会 | 2026年10月29日，下午2:00 - 5:30，上海凯宾斯基大酒店 | | | | Webinar | Thursday, October 29, 2026 | 2:00 PM VNT | | |
|
|
|---|
|
|
Dezan Shira & Associates (An Ascentium Company) |
| ©1992-2026 All Rights Reserved. |
| For daily alerts, follow us on social |
| | | This email was sent to tnwork24@gmail.com |
| You've received it because you've subscribed to our newsletter. |
| |
|
|
|---|
|
|
|
