Business & Beyond

Our TaxPod series aims to keep you updated with key tax and regulatory developments of the past month, in under 5 minutes.

Catch the latest schemes, judicial pronouncements and more from the tax and regulatory front

Is it easier for startups than for established businesses to turn around? Just think about it..mature organisations have established not just a business, but a certain reputation, ways of working, people policies, they’ve figured out ways around the corridors of power as well as versus competition, the company is like a machine (whether well-oiled or not), bound by systems and processes. A startup turning around is like someone on a motorcycle doing a u-turn, while an established business is like a long train that has to go in a different direction all of a sudden. You can’t just switch tracks abruptly, especially if there are no tracks laid out in the new direction in the first place. You’ll just derail the whole thing. But the real pivotal (pun unintended) question that we challenged Rohit Kapoor, CEO-Oyo with is much more fundamental; ‘Why do startups need turnarounds in the first place? And is it easier, as our thinking so far seems to indicate, for startups to turn around than it is for established businesses to do the same? We also have perspectives from Siddhartha Nigam, National Managing Partner - Growth, Grant Thornton Bharat who has shared insights on how start-ups go about executing the turn-around

Your updated of key tax and regulatory developments of the past month in 5 minutes

Stay updated with key tax and regulatory developments of the past month, in around 5 minutes.

Creativity needs chaos. Structure constrains lateral thinking. And so, many professions have no option but to think inside the box. Or do they? The “creative professions,” such as advertising, art, music, entertainment, writing believe they have the corner on creativity, relegating many professions to the doom and gloom of Boring. Is it their ego that perpetuates this condescension or is their disdain justified? “Doomed to be deemed boring: Not every profession can be creative. ”That’s the norm our hosts Anisha and Narayan explore in this episode of #StormTheNorm. And IP Lawyer and strategist Safir Anand decided to light a grenade under this norm to explode it, not just storm it. For the GT Insights module, we have our expert Ashish Chhawchharia, Partner - Recovery and Re-organisation at GT Bharat, giving a focused take on how businesses can build creativity into their routine, regardless of what industry or function they are in.

Has it become an acceptable norm to prioritise valuation over value creation when running a start-up? If yes, why is this trend embraced like the holy grail? With this borderline trend fast becoming the norm, it’s the right time to find out what gives start-ups the confidence to not bother about profitability in their first few years and what makes their path different from that of the listed companies. To answer these burning questions and share insights on the norm, we have for this episode, Vikas Agnihotri, India Operating Partner at Softbank Investment Advisers. And for Insight by Grant Thornton Bharat, we have on board Raja Lahiri, Technology, Media and Telecom Leader and Partner, Growth Advisory.

This month of taxpod highlights the 43rd and 44th GST Council meeting updates and other recent tax and regulatory updates