TOP STORIES THIS WEEK:

Profiling India-Singapore Bilateral Trade and Investment Relations

On March 25, 2025, India and Singapore signed a letter of intent on the Green Digital Shipping Corridor to strengthen trade efficiency, promote sustainability, and advance technological integration in the shipping sector. 

Indian Steel and Aluminum Exports Face Uncertainty as US Tariffs Loom

India is negotiating relief from US tariffs on steel and aluminum as trade officials meet for key discussions from March 25-29 in New Delhi. As Trump’s tariffs take effect on April 2, 2025, India seeks exemptions to protect its metal exports.

India Adopts Proof of Origin in New Customs Compliance Framework

India is enhancing its trade compliance framework with a recent amendment to the Customs Rules, 2020. This includes a critical change by replacing the term “Certificate of Origin” with the broader term “Proof of Origin” across various provisions.

India-Canada Eye Strategic Partnership Amid Shifting Global Trade Dynamics

India and Canada have experienced strained bilateral relations in recent years. However, their economic ties have remained constructive. With Mark Carney being appointed as the new Canadian Prime Minister, India may consider renewing its efforts to enhance diplomatic engagement with Canada. 

India's Tax Authority Invites Stakeholder Input on New Income Tax Bill, 2025

India’s Central Board of Direct Taxes has invited stakeholders, including taxpayers, tax professionals, industry bodies, and business entities, to contribute their inputs for drafting the income tax rules and associated forms under the proposed Income Tax Bill, 2025.

COMPLIMENTARY BUSINESS RESOURCES:

From Recruitment to Retention: Talent Trends and Strategies in China

In this issue of China Briefing Magazine, we examine how demographic shifts, technological advancements, and regulatory reforms are reshaping employment practices across the country and offer localized strategies for attracting and retaining talent in this dynamic market.

An Introduction to Selling to the Vietnam Market

This magazine offers vital insights for companies seeking to establish or expand their presence in Vietnam’s dynamic retail market. It provides an overview of the landscape, highlights key trends, offers guidance on starting a retail business and developing effective omni-channel strategies, and addresses common investor inquiries.

UPCOMING EVENTS FOR ASIA:

India’s New Income Tax Bill 2025: Key Changes and What Foreign Businesses Need to Know

Webinar | Thursday, April 3, 2025 | 9:00 AM Los Angeles / 12:00 PM New York

Manufacturing Synergies Between Northern Vietnam & China’s Greater Bay Area (GBA)

Webinar | Friday, March 28, 2025 | 3:00 PM Vietnam / 4:00 PM China / 9:00 AM CET

China Annual Individual Income Tax Reconciliation (ATR) for 2024 – Filing Requirements for Global Employees

Webinar | Wednesday, April 2, 2025 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET