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.
A summary of significant accounting, auditing and related updates
Salaried taxpayers hope Budget 2025 will see some major taxation reforms, including much-needed tax relief for them, higher exemptions, and a more inclusive financial framework.
The numbers tell a clear story: The initiative has brought in Rs 1.46 lakh crore in investments, created jobs for over 6 lakh people and added Rs 4 lakh crore worth of exports
As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from agriculture, skilling, and manufacturing to next-generation reforms, offer a roadmap for inclusive and sustainable growth.
As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from agriculture, skilling, and manufacturing to next-generation reforms, offer a roadmap for inclusive and sustainable growth.
The 20th annual edition of the Dealtracker, our pioneering publication on M&A and PE deals in India, provides an insightful analysis of India's deal-making ecosystem in 2024.
India Budget: India's DeepTech ecosystem is on the brink of significant growth, driven by advancements in AI, blockchain, and other technologies. Government policies, funding opportunities, and strong public-private partnerships are essential to overcome challenges and ensure success in the upcoming Budget 2025.
A dedicated liquidity window mechanism or emergency lines of credit from financial institutions can go a long way in addressing NBFCs' concerns
Financial Services Knowledge Series: Environmental, Social and Governance in Insurance
The January 2025 edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for December 2024.
India Budget: As India prepares for the Union Budget 2025, the country stands at a crossroads, with the opportunity to assert its economic leadership on the global stage.
The January edition of the GST Compendium provides key insights into recent developments in tax legislation and judiciary rulings.
Explore Grant Thornton Bharat insights on ethics, security and governance in AI. Learn how to navigate challenges while safeguarding essential values.
The financial services ecosystem went through various changes in 2024 to adjust to the realities of the world outside and within. Here is a thematic view of some interesting changes the sector experienced during the year.
Union Budget 2025 is seen as a decisive moment for India to drive sustainable growth, enhance its taxation framework, and boost global competitiveness. The key areas include expanding the PLI scheme, simplifying GST rates, resolving customs disputes, investing in infrastructure, skill development, and supporting green energy and start-ups.