Monthly US Tax Bulletin - March 2026
NewsletterThe March 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.
Managing tax compliance in India is increasingly complex due to frequent regulatory changes, growing digitisation, and interlinked monitoring by tax authorities. For many businesses, maintaining a large in-house compliance team is neither efficient nor cost-effective.
That’s where Grant Thornton Bharat’s managed tax compliance services add value. By blending experienced professionals with advanced automation tools, we help businesses stay compliant with evolving regulations, reduce exposure to risk, and ease the burden on internal teams.
Why managed tax compliance?
With the government’s focus on digitisation, organisations are focusing more on an integrated approach to tax compliance, as monitoring by different tax authorities is getting inter-linked.
The solution will help organisations in saving considerable costs by moderating the size of in-house tax and compliance teams.
As compliances evolve, organisations seek support on the complete package of tax compliance services with technology at its core.
Common challenges in tax compliance
Tax compliance today goes beyond meeting deadlines—it requires agility, accuracy, and cost efficiency. Organisations often face structural and operational hurdles that impact efficiency and increase risks. Some of the key challenges include:
1.
Rising costs of maintaining in-house compliance teams
2.
Frequent changes in tax laws, treaties, and reporting requirements
3.
Errors caused by manual processes and lack of standardisation
4.
Risk of losing institutional knowledge due to employee turnover
5.
Delays in filing statutory returns or tax deposits
6.
Complexities in GST, transfer pricing, and SFT reporting
7.
Need for digitised and accurate documentation across geographies
8.
Dealing with multiple service providers leading to fragmented compliance
Our scope of services
The managed tax compliance solution is designed to minimise risks and maximise efficiency by bringing together deep technical expertise and advanced digital tools. We act as a single point of contact across compliance areas, leveraging technology tools such as GTaxPro for GST filings, ITC reconciliation, and compliance tracking. With experts across 19 offices in India supported by our Integrated Knowledge and Capability Centre (IKCC), we provide tailored support across corporate, indirect, transfer pricing, and expatriate compliance. Our compliance calendars, trackers, and regular reporting ensure transparency and control at every stage. Our scope of managed tax compliance services include:
How Grant Thornton Bharat can help
With a blend of deep tax expertise and technology-enabled solutions, we help businesses simplify compliance, reduce risks, and gain better control over their tax processes.
Single point of contact for all tax compliance requirements.
Dedicated compliance team with senior-level oversight.
Tax automation tools for greater efficiency and accuracy.
Compliance tracker and calendar alerts for visibility and control.
Central information repository for document sharing and quick access.
Regular client feedback loop for continuous improvement.
Transparent fee structure for cost predictability.
Our insights
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Our resources
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