Monthly US Tax Bulletin - June 2026
NewsletterThe June 2026 edition of the Grant Thornton Bharat Monthly US Tax Bulletin provides a concise summary of recent key developments in federal and state taxes in the US.
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Grant Thornton Bharat offers expert guidance & solutions for SEZs & STPIs in India, maximizing value, compliance, & growth. Get tailored support now.
Hire the best team for all your GST advisory services related needs like GST registrations, assistance on GST compliances, transition management, etc
Grant Thornton Bharat offers expert guidance & solutions for SEZs & STPIs in India, maximizing value, compliance, & growth. Get tailored support now.
Hire the best team for all your GST advisory services related needs like GST registrations, assistance on GST compliances, transition management, etc
Assistance in obtaining registrations under GST or other statutory legislations as required
Verification of input tax credit records and identification of ineligible credits
Review of periodic computation of tax liabilities
Assistance in preparing and filing periodic return(s)
Provide GSP/ASP solutions for seamless execution of monthly compliances
File requisite statutory applications with various authorities
Assistance in drafting responses to notices, enquiries and such other communication received from revenue/assessing authorities
Assistance in preparation and filing of appeals against orders received from appellate authorities
Representation before the appropriate authorities and engaging external legal counsel, if required
Filing advance ruling applications with the authorities in order to seek clarification on ambiguous matters
Conduct due diligence reviews from indirect tax perspective
Conduct health-check reviews and ensure that tax compliances are adhered to
Provide technical assistance and representation services during departmental audits
Assistance in preparation and filing of representations before Advance
Ruling authorities and other tax or government authorities
Conduct management/personnel training for clear understanding of relevant GST provisions
We hosted a webinar on the '56th GST Council meeting: Decoding the fine print & impact on industry', marking a shift to GST 2.0—a simpler, more predictable, growth-focused tax system. Experts discussed macro reforms and sectoral implications for pharma & healthcare, FMCG, automobiles, real estate, and technology, alongside transitional challenges in pricing, contracts, and supply chains.
The June 2026 edition of the Grant Thornton Bharat Monthly US Tax Bulletin provides a concise summary of recent key developments in federal and state taxes in the US.
Equity-based compensation has become a cornerstone of modern remuneration strategies, particularly in knowledge-driven and high-growth sectors.
The June 2026 edition of the Grant Thornton Bharat Monthly Tax Bulletin provides a concise summary of key developments in direct taxes, FEMA, transfer pricing, and indirect taxes for May 2026.

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Updates to the taxation of OIDAR services

Punjab Industrial and Business Development Policy 2022

Contribution of the STPI scheme to the success of the IT/ITeS industry

Revolutionary shift in tax transparency environment

Understanding the indirect tax landscape in the pharmaceutical industry