China’s State Administration of Taxation recently issued the Announcement [2021] No.4 with the aim of streamlining procedures for claiming VAT incentives with the new policy effective from April 1st, 2021.

India applies a multi-bracket personal income tax regime, with tax rates ranging from 0% to 30%, which are applied progressively on the tax residents of the country. In order to reduce taxable income, individuals have a number of tools in their arsenal to utilize. In this arti...

On June 10th, 2021, the "Hainan Free Trade Port Law" (hereinafter referred to as the "Law") was passed, which coincided with the first anniversary of the publication of the "Overall Plan for Hainan Free Trade Port Construction". The Law introduced several arrange...