The Economic Survey 2025-26 places the financial services sector at the centre of India’s growth–resilience trade-off, positioning it not merely as an intermediary of capital but as a strategic shock absorber in an increasingly volatile global environment. The survey’s core message is that India must “run a marathon and sprint at the same time” and has direct and layered implications for banks, NBFCs, insurers, asset managers, and capital market institutions.
As India prepares for a defining fiscal moment, the Union Budget 2026–27 is expected to set the tone for the country’s next growth cycle. At a time of shifting global dynamics and evolving domestic priorities, this Budget will be closely watched for clear signals on reform momentum, investment focus, and economic resilience.
Grant Thornton Bharat’s pre-budget 2026 survey report captures industry expectations on fiscal discipline, tax certainty, infrastructure investment, GST reforms, MSME growth, trade policy and clean-energy incentives.
Tariffs and fair value: A comparative framework for fund valuations
A timely wake-up call In today's high-stakes financial landscape, the role of forensic accounting is getting redefined —not by fraud in the traditional sense, but by subtle manipulations that quietly undermine transparency, trust, and fairvaluation.
The unanimous adoption of these reforms by the Centre and all states reflects a shared resolve to place citizens at the heart of policy and to align GST with India’s long-term developmental aspirations.
In the twenty-first century, sovereignty is no longer measured solely by control over borders, armies, or natural resources. It is equally defined by a nation’s ability to govern its digital space—its data, infrastructure, networks, and online narratives.
In the latest episode of Grant Thornton Bharat's PolicyCast, our Partner, Tax Planning & Optimisation, Krishan Arora, provides a comprehensive perspective on the merger of the 12% and 18% tax slabs. This pivotal change is a significant step toward a more streamlined and globally competitive tax structures.
In this episode, our Partner and Tax Controversy Management Leader, Manoj Mishra, shares his insights on the recent US decision to impose steep tariffs on Indian exports and analyses its wider implications for businesses, MSMEs, and the economy.
This article examines the potential fallout across key export sectors, while also outlining the strategic pathways India must consider ranging from trade diversification and deeper FTA linkages to policy initiatives that can strengthen competitiveness in a rapidly evolving global order.
Since its launch in 2017, GST has achieved much of its intended purpose—simplifying compliance, reducing the cascading effect of taxes, and creating a unified national market.
India is entering a transformative era in digital gaming with the Promotion and Regulation of Online Gaming Bill, 2025.
Introducing Policycast – your window into policy, tax, and regulatory insights. Each episode brings expert perspectives on the latest developments shaping businesses, individuals, and the economy.
India's share in global services exports has been growing steadily over the last two decades. From being at the 24th spot in 2001, the country has now become the 7th largest exporter of services in the world. The government has made concerted efforts to promote India's services exports, rolling out initiatives such as setting up of 65 Export Facilitation Centres (EFCs) across the country to mentor and support exporters, securing market access through multilateral, regional and bilateral trade agreements, and launching an Action Plan for Champion Sectors in Services to prioritise high-growth service sectors.
The August 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for July 2025.
This edition covers updates from April to June 2025.
India’s transaction environment demonstrated notable momentum in July, marked by a sharp rise in strategic activity across mergers, acquisitions, private equity, and capital markets.
Shifting trade policies, evolving legal interpretations, and notable judicial rulings are redefining India’s indirect tax environment.
The July 2025 edition of our Labour Law Insights covers our regular labour law updates in various states, EPFO updates, important judgements as well as ESIC updates.