For more updates follow Grant Thornton Bharat on WhatsApp
Filter insights by:
Filters applied:
Grant Thornton's latest International Business Report (IBR) reveals that 88% of Indian mid-market firms believe that the ease of doing business in India has significantly improved.
The eligibility of input tax credit (ITC) on immovable property under the GST regime has remained a contentious issue since its introduction. Questions have been raised particularly when such immovable property is used for generating taxable outward supplies. The ambiguity stems from inconsistent terminology, specifically the use of ‘plant and machinery’ versus ‘plant or machinery’ in Sections 17(5)(c) and 17(5)(d) of the CGST Act, which has led to divergent interpretations.
India's agricultural sector, the backbone of the nation's economy, contributes ~17% to the GDP and employs over half of the workforce.
The Supreme Court's ruling in the Canon India Pvt. Ltd. v. Commissioner of Customs has sent ripples through the customs law landscape in India. In this pivotal judgment, the apex court revisited the powers of the Directorate of Revenue Intelligence (DRI).
Savings have long been the backbone of financial stability in Indian households. Deeply ingrained in the nation’s ethos, the act of saving has traditionally ensured resources for future uncertainties, children’s education, and retirement.
The combined expertise of SAP Fioneer and Grant Thornton has brought to light strategies for financial institutions to enhance credit risk assessment and bridge
Predicting credit risk has always been a complex puzzle for financial institutions around the world.
The telecommunications sector is not merely evolving but being reimagined through groundbreaking technological advancements and visionary strategies.
Recently, at COP29, the annual United Nations Climate Change Conference, India stood at a crossroads in its sustainability journey.
Online gaming in India is experiencing an exponential rise, transforming from a niche hobby into a mainstream entertainment powerhouse.
Fatima Hunaid, the leader of Grant Thornton Bharat LLP’s transfer pricing practice, discusses India’s current tax dispute resolution landscape and schemes to provide greater certainty and accelerated decision timelines.
India’s small businesses and women entrepreneurs have long been the backbone of the economy, contributing not only to GDP but also to the social fabric of the nation.
Microtransactions have become a cornerstone of the social gaming experience, transforming how players engage with virtual worlds.
Sustainability has become a key priority for Indian mid-market firms, as they increasingly recognise the importance of integrating Environmental, Social and Governance (ESG) principles into their business strategies.
A critical component of SRO-FT role will be to monitor unethical or dubious practices and take steps to address them
As UPI dominates, will banks step up to reclaim their market? UPI continues its meteoric rise, handling 69.6% of India’s digital transactions and reaching %20.6 lakh crore across 14.8 billion transactions in August 2024 alone.