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The tax and regulatory environment continues to evolve rapidly, with significant developments on both judicial and legislative fronts. To keep you ahead of these developments, we present the September 2026 edition of the Grant Thornton Bharat Monthly Tax Bulletin. This edition provides a concise summary of key developments in direct taxes, FEMA, transfer pricing and indirect taxes for August 2026.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

The August 2026 edition highlights important developments in corporate affairs, securities law and regulatory compliance.

The January - June 2026 edition of the FEMA Bulletin highlights the key FEMA developments and their practical implications for businesses navigating cross-border transactions.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

The inaugural edition of the US Tax Insights provides a curated overview of significant federal and state tax developments, key IRS guidance, notable judicial decisions, and practical planning considerations relevant to businesses and individuals.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

Reviving India's Gold Monetisation Scheme could reduce import reliance and unlock household gold stock. Success requires overcoming trust barriers, simplifying procedures, and targeting raw gold over emotional jewellery.

Corporate guarantees, traditionally used as instruments of group financing and treasury support, have emerged as a recurring area of tax controversy, evolving from predominantly a ‘consideration’ centric debate under the erstwhile service-tax regime to the broader questions of supply, valuation and point of tax under GST.

The tax and regulatory environment continues to evolve rapidly, with significant developments on both federal and state fronts.

The August 2026 edition of the Grant Thornton Bharat Monthly Tax Bulletin provides a concise summary of key developments in direct taxes, FEMA, transfer pricing, and indirect taxes for July 2026.

The July 2026 edition highlights important developments in corporate affairs, securities law and regulatory compliance.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

Appeals under GST carry a statutory cost of entry. A taxpayer challenging an adverse order must first make the prescribed pre-deposit; once this condition is met, recovery of the balance demand is ordinarily deemed to be stayed until disposal of the appeal.

The GST credit mechanism rests on the premise that tax paid at the preceding stage should ordinarily flow as input tax credit, leaving businesses liable to tax only on their value addition.