Resumen de Asia Pacific: : The starting line.

• The article discusses budget announcements made by Arun Jaitley, finance minister of India, in February 2015. It describes business development strategy revealed in the budget which includes introduction of a comprehensive bankruptcy code in line with global standards, change in permanent establishment rules to allow more fund managers to live in India without expensive tax requirements and removing distinction between Foreign Portfolio Investors (FPIs) and Foreign Direct Investment (FDI).