NEW DELHI: Those planning to buy their first house should rush and complete the formalities by March 31 to avail of the additional tax benefit against the interest paid on a home loan. That’s because an exemption available to taxpayers will lapse in the current financial year which enables them to reduce the interest paid from the taxable income. The reduction can be up to Rs 1.5 lakh under section 24 of the Income Tax Act and up to Rs 1 lakh under section 80EE against the interest paid on home loan. The benefit under section 80EE can be availed only to buy the first house of a value of […]

Approved project 53174-001 in Thailand.

Approved project 53128-001 in Pakistan.

Approved project 50278-002 in Mongolia.

Approved project 51423-002 in Mongolia.

Approved project 53270-001 in Viet Nam.

Approved project 54108-001 in Bangladesh.

Approved project 51034-002 in Uzbekistan.

Approved project 50193-003 in India.

The intuitive habit of drawing macroeconomic conclusions (about India) from the corporate feedback (and vice versa) is fraught with risk. After all, only half of India’s GDP and 10% of India’s employment are in the formal sector. Further, only a fraction of the formal sector is listed.” This is not any Swadeshi ideologue speaking. This is what the Asia Pacific/India Equity Research paper of Credit Suisse titled “India’s better half: The Informal Economy” says about the most unique aspect of Indian economy. The paper points out that corporate sector accounts for only one-fourth of the national capital formed – the share of listed corporates in it is even less, just […]

KOCHI: You have got some disposable amount, and want to own a real estate asset abroad. Now, it is possible as the Reserve Bank of India (RBI) allows resident Indians to remit money abroad for the purchase of immovable properties. According to a new RBI directive, banks are allowed to remit up to US$125,000 (around Rs 75 lakh) every financial year for any permitted current or capital account transaction, or a combination of both. The money can be used for purchasing immovable property outside India. Financial experts point out that the new norms might be helpful for the state as it would be easier for Keralites to spot properties due […]

Banking integration lowers bank default risk in recipient countries.

East Asia is setting the pace for the recent trend in regional and interregional integration, which is associated with multilateral infrastructure connectivity initiatives.

High labor productivity, a large firm size, foreign ownership, and high technological capability are important for a firm to participate in global value chains.

This brief examines the global shortage of the personal protective equipment (PPE) needed to tackle COVID-19 and suggests policy implications.

Financial constraints are a significant barrier for India's SMEs participating in global value chains.

Export performance and firm size have a positive impact on trade participation at the intensive margin for firms of all sizes.

This paper presents an analysis of business development programs (BDPs) based on a theoretical framework aimed at understanding the mixed effect of business training on entrepreneurs.

Basic Statistics 2020 presents development indicators for 46 economies in Asia and the Pacific, including new data on economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.

A well-designed evaluation system can be effective in motivating bureaucrats to shift their efforts toward a more environmentally friendly growth path.

Financial sector development can play a crucial role in driving economic growth.

This brief presents recommendations to further encourage public-private partnerships for the environmental protection industry in the People's Republic of China, as the country seeks to address the negative impact of rapid urbanization.

Providing safely managed sanitation services for all requires extending the partnership between the public and private sectors.

Even though the central government issues strict regulation policies, it is the local governments’ discretion to adjust and enforce compliance.

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(Postponed) We will be holding Dentons' first Global Competition Summit on Friday 19 June at our London office. Please join us for a series of panel discussions, in which we will provide insights on key current themes and issues in competition law.

Please join us for our Smart Cities & Connected Communities Think Tank Roundtable on Wednesday, May 19. Clint Vince, Chair of Dentons' US Energy practice and Co-chair of Dentons' Global Energy sector, will moderate this event along with a panel of industry leaders for a discussion on the future of cybersecurity concerns.