2017 can be best defined as a landmark year for the industry as various game-changing regulatory developments including Real Estate (Regulation & Development) Act (RERA), Goods & Services Tax (GST) and industry status to affordable housing, were rolled out.
The Companies Act, 2013 (‘2013 Act’) has undergone quite a few changes since it was first enacted, through rules, orders, circulars and amendments.
In association with IVCA, Grant Thornton presents the sixth edition of The Fourth Wheel which captures recent developments and trends in the private equity (PE) deal landscape. The data presented in the study is based on Grant Thornton’s Dealtracker along with views from leading PE/VC fund houses. The report also tracks the deal sizes and provides an in-depth analysis on the deals and investments across sectors.’
The Indian real estate sector has witnessed transformative reforms in the last few years. As the sector gears up to adopt new policy reforms, RERA remains the hallmark towards bringing in more transparency, gaining trust of the customers, making the real estate sector more organised and creating a level playing field.
For centuries, barter system was a medium of exchange until its inherent disadvantages substituted “goods” with precious metals like gold or silver. This was followed by the advent of paper currency or legal tender. In all likelihood, Satoshi Nakamoto did not envisage his discovery taking the whole world by storm when he launched Bitcoin in 2009, a virtual currency, and the one most widely used today.
The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country’s GDP. It is poised to become fourth largest manufacturer of automobiles globally by 2020 after China, the US and Japan. Not to mention, India is currently world’s second largest two-wheeler manufacturer. While governments across the world, including the Indian government, have been focusing on reducing their global carbon footprint, the disruptions triggered by the introduction of electric vehicles (EV), digitisation and connectivity across auto and auto components industry, is hard to ignore.
The Union Budget 2018-19 marked the last full budget of the current government before 2019 general elections. The budget is aligned around flagship schemes of the government like Digital India, Make in India, Clean Ganga, Healthcare for underprivileged, among others.
Our quarterly newsletter, TP Niche navigates through the latest trends and developments in the field of transfer pricing (TP) in India and globally. This newsletter captures our experiences in India’s Transfer Pricing regime and also provides insight into the recent developments globally.
The Standards on Auditing in India, which now find their place in the Companies Act, 2013, are largely consistent with the international standards. The International Auditing and Assurance Standards Board (IAASB) has issued a set of new and revised reporting standards aimed at enhancing the communicative value and relevance of the auditor’s report.
This Stressed Assets Tracker is a ready reckoner on stressed companies – some already under IBC, others headed in that direction.
The Indian Restaurant Industry has evolved and grown significantly over the past two decades and continues to grow at a steady pace. This can be attributed to the changing demographics, increase in disposable incomes, urbanization and growth of organised retail.