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...
The COVID-19 pandemic has turned into a huge socio-economic crisis in a short span of time. Economists suggest India’s economy might have its first contraction in 40 years in the current fiscal.
Meanwhile, the Indian government is taking multiple steps to limit the spread of the crisis. To ensure that the industry’s voice is heard and timely actions are taken, Grant Thornton in India conducted a survey eliciting feedback from entrepreneurial and mid-market companies on key priorities that the government should look at to support the industries and ensure business momentum.
Incentives ranked as the No. 1 priority by businesses in the survey
- Short-term cash flow support to the businesses through business interruption loans up to 15% of facility without additional collateral.
- No coercive action by any government department on any pending litigation demand, action or recovery on account of unavoidable delay in filing of appeals, applications, letters, letters and undertakings.
- Government should endeavour to pay all pending refund application and incentives within 30 days.
- Government should declare the ongoing global pandemic a ‘force majeure’ for all commercial contracts, whether included or not.
- Consider extending financial reporting period for 2019-20 to 15 months ending 30 June 2020.
Also appears under...