Taiwanese and Vietnamese companies are eager to invest in India’s non-leather footwear sector:

Taiwanese and Vietnamese companies are eager to invest in India’s non-leather footwear sector: CLE (Council for Leather Exports) Chairman RK Jalan announced on July 13, 2025, that Taiwanese and Vietnamese companies are expressing interest in investing in India’s non-leather footwear sector. Taiwanese and Vietnamese companies are eager to invest in India’s non-leather footwear sector, requiring…

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Singapore has introduced a new tax on sale of foreign capital assets with effect from 1st Jan, 2024

⏩1. Historically, Singapore does not tax capital gains. Only gains which are “income” in nature are taxed. ⏩2. However, from January 1, 2024 onwards, Singapore has introduced into law the new Section 10L of the Income Tax Act 1947 (“ITA”). ⏩3. Foreign-sourced gains from the sale or disposal of a foreign asset (not being an…

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