Past Event: Thursday, July 10, 2025

On 4 July 2025, President Donald Trump enacted the One Big, Beautiful Bill Act (OBBBA), a fiscal reform that extends key provisions of the Tax Cuts and Jobs Act and establishes incentives for individuals and corporations. In this view, Grant Thornton Bharat conducted a webinar to analyse permanent extensions of full expensing for qualified property, restored R&D deductions and recalibrated the international tax regime. The session covered revisions to individual tax rates, enhanced SALT deductions and new qualified savings instruments, alongside corporate updates on bonus depreciation, GILTI, BEAT and reporting requirements. The webinar concluded with a discussion on implementing the reforms promptly and ensuring compliance under the new framework.

The video is playing. This video is playing in mini-player mode.

Speakers

Lloyd Pinto
Grant Thornton Bharat
Lloyd Pinto

Partner, Tax

Nikita Gulati
Grant Thornton Bharat
Nikita Gulati

Partner, Tax