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India's automotive sector faces shipping disruptions, US tariff increases, and critical mineral dependencies while maintaining growth momentum, requiring Budget 2026 to balance supply chain resilience with accelerated transition toward electric vehicles and alternative fuels.

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 PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

India’s regulatory harmonisation is reshaping compliance through tech-enabled supervision, simplified norms and outcome-driven governance across RBI, MCA and SEBI.

Assets and liabilities form the foundation of any organisation’s financial stability. Assets - current, fixed, and intangible - are resources convertible to cash, while liabilities represent obligations owed to others.

Budget 2026 can change India’s historically weaker pathways to commercialisation by creating an environment where innovators can move from prototype and product to global scale.

India’s retail sector seeks targeted GST reforms to ease ITC blockages, simplify compliance, and strengthen supply chains to unlock the next phase of consumption-led growth.

An expert perspective on the five critical growth engines India must activate to achieve developed nation status by 2047, and the policy choices needed to sustain long-term growth.

As we enter 2026, climate change in India has crossed a decisive threshold—it is no longer an environmental externality or a distant risk, but a measurable economic variable shaping productivity, inflation, infrastructure resilience, financial stability, and national competitiveness.

An analysis of Quality Control Orders (QCOs) in India, detailing how they have shifted from quality safeguards to policy levers that shape domestic manufacturing, trade dynamics, compliance costs and investment while highlighting sectoral benefits and challenges.

With the simplification exercise of the Income -tax Act (Act) already completed, Corporate India has a lot of expectations from Union Budget 2026 to make key policy and substantive changes.

India’s transportation and logistics sector has undergone a phase of structural transformation in 2025, driven by policy reforms, accelerated infrastructure commissioning, and expanding digital integration.

Grant Thornton Bharat’s PolicyCast is your window into policy, tax, and regulatory developments. Each episode features expert perspectives on issues that matter to businesses, individuals, and the wider economy.

The Gujarat High Court examines whether GST’s 180-day payment rule for ITC reversal aligns with tax neutrality, commercial realities and credit as a vested right.

Monthly Tax Bulletin: December 2025

India’s customs framework is evolving as tariff rationalisation, FTAs and digital reforms reshape trade competitiveness and global value chain integration