Month: January 2016

India: Lowering of Corporate Income Tax is on the Cards

Asian markets are fiercely competing with one another to attract foreign investment into their countries. India’s expected decision to lower corporate tax from 30 to 25 percent is seen as a positive step to remain competitive with other major Asian economies, especially China.…

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Singapore: ACRA extends Filing Time & Exempts Penalties until February 2, 2016

The Accounting and Corporate Regulatory Authority (ACRA) which is the national regulator of business entities and accountants in Singapore has extended the time to file Annual Returns, Annual Declarations, Business Registration Renewals, and any statutory filing to February 2, 2016. Companies will get…

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