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Our recent publication of GAAP Bulletin summarises significant accounting, auditing and regulatory updates to meet the dynamic needs of Indian businesses

Key highlights of Grant Thornton IT & ITeS survey findings & road to recovery for the sector

Despite an unsettled environment for business over the past year, Indian companies continued to make a significant contribution to the UK economy.

The Indian auto industry has been witnessing testing times over the past few years, and the COVID-19 pandemic has proven to be a litmus test. The industry has attempted to use this time to introspect; some have even tried to use this as an opportunity to reskill staff, restrategise and evaluate new technology.

As leading economies around the world grapple to contain the Coronavirus disease, leaders are preparing for a future where business plans factor in this reality to reimagine growth.

This Stressed Assets Tracker is a ready reckoner on stressed companies – some already under IBC, others headed in that direction.

RBI Governor Shaktikanta Das today announced some key measures to mitigate the impact of COVID-19 and revive growth. These measures come days after Prime Minister Narendra Modi announced Atmanirbhar Bharat Abhiyan and INR 20 lakh crore stimulus package

The aim of the TaxPod series is to keep you updated with key tax and regulatory developments of the past month, in under 5 minutes.

The COVID-19 crisis has prompted the food industry to ensure compliance measures to protect food handlers from contracting the virus, prevent exposure to or transmission of COVID-19 and strengthen the food hygiene and sanitation practices.

Atmanirbhar Bharat Abhiyan (Tranche 5)

The fourth tranche of INR 20 lakh crore economic package announced by Finance Minister Nirmala Sitharaman today streamlines processes to fast-track investments in key sectors, builds a solid ground for executing Prime Minister Narendra Modi’s vision of ‘vocal for local’, enables employment generation, brings consumers at the centre stage and most importantly, creates ample room to unleash the benefits of privatisation.

Unveiling the third tranche of the INR 20 lakh crore economic package under the Atmanirbhar Bharat Abhiyan, Finance Minister Nirmala Sitharaman’s announcements today focused on strengthening India’s agriculture and allied activities sector; she also introduced governance reforms.

As one of the worst-hit economies during COVID-19, the USA has taken various steps to fast-track recovery. Forced closure of businesses due to lockdowns has not only disrupted supply chains, but driven many businesses to closure, leading to significant job cuts.

In continuation of Prime Minister Narendra Modi’s ‘Atmanirbhar Bharat Abhiyan’, Finance Minister Nirmala Sitharaman today, in her second tranche of Centre’s INR 20 lakh crore fiscal stimulus, addressed the challenges of food, shelter and livelihood faced by migrant workers, street vendors and small farmers.

In his nationwide address on 12 May 2020, Prime Minister Narendra Modi called for Atmanirbhar Bharat Abhiyan, which will focus on making the country self-reliant.

We are pleased to present the Monthly Dealtracker, which captures the deal activities in India during April 2020.