| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates (An Ascentium Company). |
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| | India recorded US$19.82 billion in FDI inflows in Q1 FY 2026-27, up 6.38 percent year-on-year. Singapore emerged as the largest cumulative source of foreign direct investment (FDI) equity inflows, while the services sector attracted US$7.04 billion. Trading, non-conventional energy, telecommunications, and chemicals also recorded higher inflows, highlighting shifts in India’s investment landscape. | | | | India’s October 2026 income tax calendar includes multiple TDS/TCS payments, quarterly reporting requirements, and specialised filings for businesses, investors, and cross-border operations. Key deadlines fall on 7 October, 15 October, and 31 October, covering tax payments, reporting, transfer pricing, country-by-country reporting (CbCR), investment funds, and other specialised compliance obligations. | | | | The Reserve Bank of India’s (RBI) FEMA export-import amendments took effect on 1 October 2026, reducing the export-proceeds realisation period. The changes also preserve orders for exporters on the Caution List as of 30 September 2026 and allow authorised dealers to handle legacy trade transactions undertaken before 1 October. | | | | India’s Central Board of Direct Taxes (CBDT) has extended the AY 2026-27 income tax return deadline from 31 October to 21 November 2026 for specified taxpayers covered by tax-audit requirements under Section 139(1). For the same category, the tax audit report deadline has been extended to 21 October 2026. The extension applies only to this specified tax audit category. | | | | India’s trade landscape continues to evolve in 2026, with major developments across key markets. The India-New Zealand free trade agreement (FTA) is set to enter into force on 20 October, while the India-European Union (EU) FTA is expected to be signed on 16 December. The India-UK Comprehensive CETA and India-Oman CEPA are already in force. | | |
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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. |
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UPCOMING EVENTS FOR ASIA: | | Meeting | Monday-Thursday, Oct. 5-8, 2026 | Hong Kong | | | | Seminar | Friday, 09 October, 2026 | 2:00 PM – 4:30 PM (HKT) | Hong Kong | | | | Webinar | Wednesday, October 14, 2026 | Time: 2:00 PM (VNT) / 3:00 PM (SGT) | | |
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