The numbers tell a clear story: The initiative has brought in Rs 1.46 lakh crore in investments, created jobs for over 6 lakh people and added Rs 4 lakh crore worth of exports
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As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from agriculture, skilling, and manufacturing to next-generation reforms, offer a roadmap for inclusive and sustainable growth.
As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from agriculture, skilling, and manufacturing to next-generation reforms, offer a roadmap for inclusive and sustainable growth.
India Budget: India's DeepTech ecosystem is on the brink of significant growth, driven by advancements in AI, blockchain, and other technologies. Government policies, funding opportunities, and strong public-private partnerships are essential to overcome challenges and ensure success in the upcoming Budget 2025.
A dedicated liquidity window mechanism or emergency lines of credit from financial institutions can go a long way in addressing NBFCs' concerns
India Budget: As India prepares for the Union Budget 2025, the country stands at a crossroads, with the opportunity to assert its economic leadership on the global stage.
Explore Grant Thornton Bharat insights on ethics, security and governance in AI. Learn how to navigate challenges while safeguarding essential values.
The financial services ecosystem went through various changes in 2024 to adjust to the realities of the world outside and within. Here is a thematic view of some interesting changes the sector experienced during the year.
Union Budget 2025 is seen as a decisive moment for India to drive sustainable growth, enhance its taxation framework, and boost global competitiveness. The key areas include expanding the PLI scheme, simplifying GST rates, resolving customs disputes, investing in infrastructure, skill development, and supporting green energy and start-ups.
In today’s fast-evolving digital payments landscape, ensuring a seamless, secure, and efficient process for bill payments has become crucial for both consumers and financial institutions.
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