| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | US-India have reset trade ties under an interim framework, reducing US tariffs on Indian goods to 18 percent and outlining a US$500 billion purchase intention. The White House has clarified that agri-exports and digital taxation issues remain subject to further negotiations under the proposed BTA. | | | | | India has introduced the Draft Income Tax Rules, 2026, aiming to implement the new direct tax regime starting April 1, 2026. This proposal simplifies compliance by reducing the number of direct tax rules from 511 to 333 and decreasing the number of forms from 399 to 190. | | | | | India is accelerating its push for Malaysian investment in semiconductors, clean energy, and digital infrastructure, signaling deeper bilateral alignment in strategic and next-generation sectors. | | | | | Uttar Pradesh has overhauled its Shops and Establishments law, extending applicability to both urban and rural areas, broadening the definition of “commercial establishment,” mandating digital registration, and tightening working hour, safety, and penalty provisions. | | | | | India’s medical device regulator, CDSCO, has introduced an online pre-filing risk classification portal, enabling manufacturers to obtain early regulatory clarity and reduce licensing uncertainty prior to full application submission. | | | | | India has implemented a single central registration system under its new labor codes, replacing multiple registrations with a unified digital compliance framework for employers operating across states. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This latest edition of An Introduction to Doing Business in India provides a clear, practical roadmap to navigating GST 2.0 reforms, the full rollout of the four Labor Codes, the Digital Personal Data Protection (DPDP) Rules 2025, and updates to incorporation processes, entity selection, audit requirements, and financial reporting. | | | | | This 2026 edition of An Introduction to Doing Business in China provides practical guidance to help investors and executives navigate China’s evolving business environment with confidence. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Thursday, 19 February, 2026 | 3:00 PM Jakarta / 4:00 PM Singapore / 09:00 AM CET | | | | | Webinar | Wednesday, February 25, 2026, 3:00 PM Singapore / 2:00 PM Vietnam / 9:00 AM CET | | | | | Webinar | Thursday, February 26, 2026 | 9:00 AM Los Angeles / 11:00 AM Chicago / 12:00 PM New York |
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