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.
In today’s fast-evolving digital payments landscape, ensuring a seamless, secure, and efficient process for bill payments has become crucial for both consumers and financial institutions.
We are pleased to release the latest edition of our Labour Law Insights. Like other editions, this edition also covers updates and amendments regarding labour law regulations in various states, EPFO updates and important judgements. x
Our tech trends report, with the theme, “Growing responsibly, together,” explores key trends, challenges, and opportunities for Indian and global technology players in 2025.
Grant Thornton's latest International Business Report (IBR) reveals that 88% of Indian mid-market firms believe that the ease of doing business in India has significantly improved.
We are pleased to release the latest edition of our RBI Regulatory updates, covering the updates from September, October and November 2024.
The eligibility of input tax credit (ITC) on immovable property under the GST regime has remained a contentious issue since its introduction. Questions have been raised particularly when such immovable property is used for generating taxable outward supplies. The ambiguity stems from inconsistent terminology, specifically the use of ‘plant and machinery’ versus ‘plant or machinery’ in Sections 17(5)(c) and 17(5)(d) of the CGST Act, which has led to divergent interpretations.
India's agricultural sector, the backbone of the nation's economy, contributes ~17% to the GDP and employs over half of the workforce.
The Supreme Court's ruling in the Canon India Pvt. Ltd. v. Commissioner of Customs has sent ripples through the customs law landscape in India. In this pivotal judgment, the apex court revisited the powers of the Directorate of Revenue Intelligence (DRI).
Savings have long been the backbone of financial stability in Indian households. Deeply ingrained in the nation’s ethos, the act of saving has traditionally ensured resources for future uncertainties, children’s education, and retirement.
In recent years, the global startup ecosystem has emerged as a critical driver of innovation, entrepreneurship, and economic growth.
The combined expertise of SAP Fioneer and Grant Thornton has brought to light strategies for financial institutions to enhance credit risk assessment and bridge
The December edition of the Grant Thornton Bharat Monthly Tax Bulletin captures key developments under the direct taxes, transfer pricing, indirect taxes, and FEMA, for November 2024.
The sixth generation of wireless technology, or 6G technology, is poised to revolutionise the telecommunications landscape. Building on the foundation laid by its predecessors, 6G promises advancements in speed, bandwidth, and connectivity.
Predicting credit risk has always been a complex puzzle for financial institutions around the world.
Since its inception, the GST framework has evolved remarkably into a streamlined and efficient tax system.
Indian mid-market businesses are placing greater emphasis on international expansion, as shown by Grant Thornton’s International Business Report (IBR).