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India's thriving GCC industry faces a dynamic tax environment with emerging areas like transfer pricing, secondment arrangements, foreign payments, DESH Regulations and BEPS implementation – Pillar Two. GCCs must stay informed and adapt to ensure compliance and optimise their growth trajectory.
The G20 declaration has called for a reduction in the unchecked use of fossil fuels. The most recent Conference of Parties (COP) witnessed a heated debate between proponents of “phase-out” and “phase-down” approaches to fossil fuels.
This article discusses the introduction of the Digital Personal Data Protection Act and its implications for businesses, especially in the e-commerce and D2C sectors. It covers various aspects- the need for express user consent, data collection and usage limitations, data security measures, breach notifications, and the role of data fiduciaries. The article also offers recommendations for businesses to ensure compliance and build consumer trust in an era of increasing data protection awareness.
India has been actively embracing innovative digital solutions that can bring about a transformative shift in sewage and wastewater treatment operations and service delivery in cities
This article discusses the increasing regulation of related party transactions, particularly corporate guarantees (CG), under tax and corporate laws. It also explores the complex tax implications of CG arrangements, both under the previous service tax regime and the current Goods and Services Tax (GST) regime.
The Digital Personal Data Protection Act 2023 emphasize on healthcare sector's requirement of patient assent, ensure patient privacy and compliance with the law.
The National Logistics Policy’s objective is to catapult ‘Made in India’ products to international competitiveness in terms of cost-efficiency.
The Digital personal data protection act 2023 includes Regulators, through guidelines on customer protection and data privacy, outsourcing, information security and technology.
The article discusses India's newly enacted Digital Personal Data Protection Act, 2023, emphasizing its comprehensive framework for digital data protection, compliance obligations, opportunities it presents for businesses, and its role in shaping the nation's digital landscape and economy.
Corporate guarantee and GST: Unravelling the enigma
India's technology industry is propelling the nation's GDP, employment opportunities, and overall economic growth
Global in-house centres (GICs) have developed into global capability centres (GCCs) that serve as hubs for innovation, technology, and high-value services.
The article delves into the intersection of cybersecurity, Environmental, Social, and Governance (ESG) disclosures, and corporate governance. It highlights how organizations can transform cybersecurity challenges into opportunities by integrating robust ESG practices. By effectively managing cybersecurity risks, companies can enhance their ESG disclosures, fortify their governance frameworks, and establish a stronger foundation for sustainable growth.
The article sheds light on a momentous development in India's legislative landscape—the unveiling of the Data Privacy and Protection Bill (DPDP) in 2023 by the Lok Sabha, the lower house of India's Parliament. The bill represents a groundbreaking initiative aimed at bolstering data security and privacy measures within the country. The article delves into the key provisions of the DPDP bill, highlighting its potential impact on businesses, individuals, and the overall digital ecosystem.
Grant Thornton Bharat is innovatively utilizing the metaverse to enhance employee onboarding by creating a virtual office environment. Discover how this initiative redefines new employee orientation through immersive experiences and virtual reality training.
This article discusses the rapid growth of the gaming industry in India and recent developments, including 28% GST levy on online gaming. It examines the distinction between games of skill and games of chance, the impact of the proposed GST amendment on players and the gaming industry, and a comparison with global taxation models.