Asia Briefing’s India Focused Regulatory and Operational Business Updates

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February 28, 2026

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Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

INDIA EDITION

India-France Tax Treaty Revised: Dividend Relief, Capital Gains Changes, and Investor Impact

India and France have signed a protocol amending their double taxation avoidance agreement, lowering dividend withholding taxes while expanding India’s capital gains taxation rights.

IGST Applicability on Expatriate Employment in India: Karnataka High Court Provides Tax Clarity

The Karnataka High Court has clarified GST treatment for expatriate employment arrangements, ruling that remuneration paid to foreign employees under a genuine employer-employee relationship does not attract IGST under the reverse charge mechanism.

Europe’s India Pivot: Ports, Missiles, and AI

Following progress on the India–EU FTA, recent high-level engagements, including India–France cooperation and port collaboration between Adani Ports and Special Economic Zone Ltd. and Port of Marseille Fos, signal deepening India–Europe alignment across trade, technology, defense cooperation, and resilient supply chains.

Investing in Sriperumbudur: Tamil Nadu's High-Value Manufacturing Corridor

Anchored by global players such as Foxconn, Apple Inc., and Hyundai Motor India, Sriperumbudur town in Tamil Nadu is emerging as a high-value manufacturing hub, driven by electronics expansion, electric vehicle production, and strong logistics infrastructure.

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COMPLIMENTARY BUSINESS RESOURCES:

An Introduction to Doing Business in India 2026

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.

An Introduction to Doing Business in Indonesia 2026

This publication, designed to introduce the fundamentals of investing in Indonesia, was compiled by the experts at Dezan Shira & Associates, a specialist foreign direct investment practice, that provides corporate establishment, business intelligence, tax advisory and compliance, accounting, payroll, due diligence, and ﬁnancial review services to multinationals investing in emerging Asia.

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