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The May 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for April 2025.
The India-United Kingdom (UK) Free Trade Agreement (FTA) and the Double Contribution Convention were concluded on 6 May 2025. The agreement represents a significant milestone in strengthening the bilateral Comprehensive Strategic Partnership between India and the UK.
At Grant Thornton Bharat, we recognise these challenges and offer customised, comprehensive tax consulting and strategic advisory services to companies navigating this complex business environment.
The world's supply chains are on the move—and this time, it's not just about cost or efficiency. It's about trust, traceability, and the rules. With the US doubling down on tariffs against China but pressing pause on new reciprocal measures, a rare window has opened for economies like India to stake their claim in the next phase of global trade.
The reciprocal tariff measures imposed by the United States (US) Government under the presidency of Donald Trump have significantly reshaped the trade landscape between the US and the rest of the world, including India.
The April 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for March 2025.
The March 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for February 2025.
The US has a unique taxation system where tax liabilities are determined based on citizenship rather than residency.
The Union Budget 2025 has once again brought the debate between the old and new tax regimes into focus.
The February 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for January 2025.
India's economic growth remains for a steady trajectory with real GDP expected to grow at 6.4% in FY25 and in the range of 6.3%-6.8% in FY26, reflecting resilience despite global uncertainties.
Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher exemptions, and a more inclusive financial framework.
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.
The January 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for December 2024.
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.