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Asia Times

Asia Times

Covering geo-political news and current affairs across Asia

Tag: Tax deduction

Photo: iStock
Posted inChina

Enterprises net tax breaks for investing in overseas R&D

by Asia Times staff June 27, 2018February 18, 2020

The Ministry of Finance has put forward a new tax deduction rule to encourage enterprises to increase R&D investment and strengthen innovation capacities, Xinhua news agency reported. When a company commissions foreign institutions to conduct R&D activities, only 80% of the actual expense incurred during the R&D will be counted as taxable spending. And if […]

Chinese tax form. Photo: iStock
Posted inUncategorized

New tax reduction policies aim to promote R&D

by Asia Times staff April 26, 2018February 18, 2020
Indian Finance Minister Arun Jaitley. Photo: Reuters
Posted inIndia, South Asia

India’s 2018 Budget aims to boost farmers, help the poor

by Asia Times staff February 1, 2018February 18, 2020

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