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8 ways banks can stave off potential bad debts
Ways in which banks can streamline the multiplicity of current accounts through the framework laid out by the RBI.
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Report
Shoppers don’t stop- A survey on consumer trends
7 in 10 Indians ready to loosen purse strings this festive season, according to Grant Thornton Bharat Consumer Survey
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#COVID19
Health Check Q1 FY 21
The third edition of Health Check takes a closer look at the summary of Grant Thornton’s International Business Report findings from the healthcare sector and more
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Article
Speed limiters for Auto PLI scheme
Insights from the PLI scheme launched by the government for automobile and auto components sector
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Report
TMT industry: Fully charged or on standby?
Grant Thornton surveyed 943 Technology, Media and Telecoms (TMT) business leaders, as part of our Global business research on their reactions to 2020, their outlook for 2021 and how they are preparing for future challenges.
Real estate and Construction Home
Publication
Realty Bytes - July 2021
Know what is defining the future of real estate, impact of the second wave and the emerging realty trends
The Ministry of Corporate Affairs has notified Ind AS 116 with effect from 1 April 2019. Ind AS 116 is based on International Financial Reporting Standard 16, Leases (‘IFRS 16’), which became effective starting 1 January 2019.
Ind AS 116 will affect most companies that are involved in leasing, and will have a substantial impact on the financial statements of lessees of property and high-value equipment.
This article on ‘Definition of a lease’ is the first in a series of articles on this topic. The publication delves into the three key evaluations, all of which must be met in order to conclude that a contract is or contains a lease and the transition considerations.
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