Asia

The “weekend migration” is almost over. India’s new Form 141 TDS replaces the 26QB/QC/QD/QE series, offering a unified portal for property and rent tax compliance.

Formal jobs wanted. The OECD recommends slashing the Türkiye Labor Tax Burden while linking retirement to life expectancy to modernize the Turkish economy.

Macroeconomic stability takes center stage. A deferral of the Philippines Fuel Excise Tax hike is likely after the ADB warned of slowing regional growth.

A major win for the cloud. The CTA has ruled that Philippines SaaS Withholding Tax on software subscriptions can be reduced to 0% under tax treaties.

Japan’s tech-focused tax breaks are now operational. The Japan Strategic Technology Tax Credit offers massive relief for semiconductor and green energy manufacturers.

International digital platforms get more time to prepare. Sri Lanka has officially moved the Sri Lanka Digital VAT start date to July 1, 2026.

The BIR is moving away from automatic domestic taxation. Discover how RMC 024-2026 reshapes the Philippines Cross-Border Tax landscape for global businesses.

India’s new Income Tax Act 2025 has officially taken effect today. Discover the key changes in brackets, deductions, capital gains and corporate taxation that will shape the 2026–27 financial year.

India’s new Income Tax Act 2025 officially begins today. Discover the key changes in brackets, deductions, capital gains, and corporate taxation that will shape 2026 filings.

Starting April 2026, the new Income Tax Act will transform India Individual Income Tax with a streamlined deduction structure and a single tax year.