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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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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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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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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.
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Realty Bytes - July 2021
Know what is defining the future of real estate, impact of the second wave and the emerging realty trends
State budgets are becoming increasingly critical for businesses. In view of the complexity involved and thin business margin in majority business, there is growing need to understand the complexities of state taxes to optimise credit mechanism and also circumvent surprises arising out of assessments by tax authorities.
Key points of few recent state budget announcements are as under:
- Growing number of states have announced introduction of amnesty schemes to recover tax, close past assessments and reduce pending litigation
- Efforts are underway for development of IT infrastructure, training of officers in various states etc. for proposed implementation of GST
- With emphasis on ‘ease of doing business", and ‘Make in India’ initiatives, various State Governments are aligning with Central Government’s vision.
We hope this will be of interest and we intend to expand the efforts with more detailed coverage from next time.
We welcome your comments and suggestions. Read our tracker for more insights.
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