TOP STORIES THIS WEEK:

New EV Scheme Paves Way for Global Auto Majors to Invest in India

India has unveiled a finalized framework policy to promote electric vehicle (EV) four-wheeler manufacturing in India. The scheme will allow approved firms to import up to 8,000 electric four-wheelers annually at a duty rate of 15 percent in exchange for a minimum investment of INR 41.50 billion.

India’s Climate Finance Taxonomy in 2025: An Overview

India is advancing its green finance strategy with the rollout of a Draft Climate Finance Taxonomy, aiming to align investment prospects with its net-zero 2070 target.

ITR Filing Deadline Pushed to September 15, 2025, Following Major Form Revisions

India's tax authority has extended the income tax return (ITR) filing deadline to September 15, 2025. The extension follows key updates to ITR forms, including changes in capital gains reporting, revised long-term capital gains (LTCG) exemptions, and form-specific enhancements.

Reviewing Legal Mandates and Workplace Policy on Maternity Benefits in India

In May 2025, India’s Supreme Court delivered a ruling clarifying key points of the Maternity Benefit Act, 1961, and its 2017 Amendment. The court expanded the scope of maternity benefits to a wider range of jobs and imposed stricter obligations on employers in both public and private sectors.

India Reinstates RoDTEP Benefits for Exporters Effective June 1, 2025

India has reinstated the RoDTEP scheme benefits for exporters under Advance Authorization (AA), Export-Oriented Units (EOUs), and Special Economic Zones (SEZs). As per the official notification, India has allocated INR 182.33 billion under RoDTEP in FY 2025-26 for various product categories.

COMPLIMENTARY BUSINESS RESOURCES:

The China+ Strategy: Cross-Border Restructuring for Supply Chain Resilience

This issue of China Briefing magazine explores cross-border restructuring as a practical, forward-looking approach to mitigate risks without abandoning China’s manufacturing strengths and market potential.

Transforming Business Operations with ERP Application

The Transforming Business Operations with ERP Application magazine delves into the emergence of ERP systems as indispensable tools for unifying data, automating workflows, and driving strategic decision-making.

UPCOMING EVENTS FOR ASIA:

Unlocking Growth in Vietnam: A Strategic Opportunity for Australian Businesses

Webinar | Thursday, June 12, 2025, | 3:00 PM AEST / 12:00 PM Vietnam

Future-Ready in ASEAN: Strategic Advantages of the Johor-Singapore Special Economic Zone

Webinar | Tuesday, June 17, 4:30 PM Singapore / 3:30 ICT / 10:30 CET

Fast-Track to Indonesia: Scale Without Setting Up a Company

Webinar | Tuesday, June 24, 2025, | 3:00 PM Jakarta / 4:00 PM China / 9:00 CET