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...
Income tax
How rise in taxpayer base can benefit individuals as well as the economy
02 Jul 2018
"For developing countries like India, tax is more than just a source of revenue. It not only helps in building up the economy of a country but also makes the government accountable to its taxpayers. From a government’s perspective, it helps in better planning and budgeting of a fiscal year, as the tax revenues are relatively predictable.
In the last couple of years especially after introduction of major reforms like ‘Demonetisation’ and ‘GST’; India has witnessed a significant increase in number of taxpayers and is evident by the direct tax collections of FY 2017-18 which was 18% higher than that of FY 2016-17."
Akhil Chandna
Director, Grant Thornton India LLP
This article appeared in Live Mint on 02nd July, 2018.
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