Tapping into the burgeoning BFSI market
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FinTech Consulting Services
Leveraging our FinTech Consulting experience, we employ our proven approach in process reviews, tech risk management, and third-party audits for Indian financial services clients.
The Consumer & Retail sector is growing rapidly and is extremely dynamic. Due to constant disruption, managing business has become complicated and cumbersome.
Our healthcare and life sciences advisory team brings together a combined experience of over 50 years to help businesses navigate through changes, new...
At Grant Thornton in India, our automotive team works with a wide variety of clients to help them achieve their goals and increase shareholder wealth. Our...
M&E practice encompasses team of dynamic professionals with deep technical knowledge and extensive experience of working across segments say television, print,...
Tailored service offerings to Not for Profit organisations and CSR compliance services for dynamic businesses
At Grant Thornton, we assist dynamic Indian businesses in the Real Estate & Construction sector throughout their business life cycle by offering robust...
In light of the ongoing COVID-19 crisis, the government has recently announced a slew of tax and regulatory relief measures to provide a compliance breather to businesses. However, businesses still need to remain vigilant to minimise the possible impact of COVID-19 on their people and operations.
Here’s how you can HALT and proactively review your direct tax action plan:
Tax payments
- Proactively evaluate how you will make pay necessary taxes given your current cash flow situation
Direct tax disputes
- Take stock of pending disputes and decide whether or not to opt for the Vivad se Vishwas Scheme
Extended stay
- Reassess your tax liabilities in different jurisdictions due to unforeseen travel restrictions, unplanned stays and change in residential status for employees and key personnel
Overseas operations
- Stay updated on tax relief measures announced in overseas jurisdictions to assess tax liabilities
Disruption of normal business
- Tax implications due to borrowing of funds from Indian/ overseas group entities
Investments
- Valuations at which any investment/ disinvestment or hive offs are made to be carefully evaluated
Compliances
- Evaluate compliances required to be undertaken in the next 2-3 months and make necessary arrangements
Relief measures
- Track relief measures announced by the Central/ State governments as well as tax implications arising out of relief provided under other laws
Also appears under...