An in-depth analysis of the upcoming Interim Budget 2024 with Riaz Thingna, Partner, Tax, Grant Thornton Bharat. In this episode, we delve into the positive fiscal developments likely to be unveiled by the government, offering an expert take on implications for individuals, businesses, and MNCs. For more insights on budget and to register for our webinar, visit - https://campaign.grantthornton.in/GTonBudget ..read more

What’s new The Supreme Court to take up and resolve the issues relating to Most Favoured Nation clause in Indian Tax Treaties Organisation for Economic Co-operation and Development releases Progress report on Amount A of Pillar One, for public consultation The threshold  for e-invoicing reduced to INR 10 crore with effect from 1 October 2022 About TaxPod The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for corporate profe ..read more

What’s new · The Central Board of Direct Taxes issues guidelines on newly introduced sections 194R and 194S of the Income-tax Act, 1961 · The Central Board of Indirect Taxes & Customs issues various clarifications pursuant to the recommendations of the GST council · Rajasthan High Court holds that the GST circular denying benefit of refund under the inverted duty structure, in cases where input and output are the same, is contrary to the provisions of GST law The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative change ..read more

In a world that’s all about the Web3 bubble, there’s no place for chewing gum bubbles. Now, that’s a big and provocative norm to challenge about a category—and about large FMCG companies—that have built not just big customer bases for themselves but I daresay, also responsible for creating the kind of unparalleled mom-and-pop retail footprint in India that very few other categories can. And I don’t say it lightly. The world of brands today seems to be about one or more of the following three things: purpose, planned purchase journeys, and pivots enabled by disruptive tech. Where’s the place fo ..read more

What's New Finance Act 2022 enacted Bombay High Court allows manual filing of Goods and Services Tax refund application Income-tax return forms for Assessment Year 2022-23 notified Organisation for Economic Co-operation and Development releases Commentary on Global Anti-Base Erosion Model Rules for public consultations About TaxPod The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of ..read more

What’s new Central Board of Direct Taxes issues clarification on the Most Favoured Nation clause. Central Board of Indirect Taxes and Customs enlarges the scope of e-invoicing under Goods and Services Tax regime. Recent update on Organisation for Economic Cooperation and Development’s Inclusive Framework and proposed steps taken by countries to protect their taxing rights. The Indian tax and regulatory space is changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents and clarifications almost daily. This has made it challenging for c ..read more

What’s new Government provides relief to taxpayers; extends due dates for return filing, tax audit and Form 3CEB. Government notifies new Faceless Appeal 2021; addresses many of the taxpayer’s concerns. OECD releases Global Anti-Base Erosion Model Rules for implementation of 15% global minimum tax. The Indian tax and regulatory space are changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents, and clarifications almost daily. This has made it challenging for corporate professionals to stay abreast of relevant developments. The aim o ..read more

What’s new Agreement between India and USA on the treatment of Digital Services Taxes, during the interim period,  prior to implementation of Pillar 1 CBDT issues clarifications on TDS and TCS provisions Supreme Court held that outdoor catering services for personal use or consumption of employees are excluded from the definition of input service About TaxPod The Indian tax and regulatory space are changing at an unprecedented rate. We are witnessing policy announcements, legislative changes, judicial precedents, and clarifications almost daily. This has made it challenging for corporat ..read more

Taking a leap to go beyond, we are excited to introduce Business and Beyond, our video series on topics that are hot, trending, and important to your business. In our second episode, Kalpana B, CEO and Chief Thinker dGTl, talks about how can businesses make their digital journey simple and leveraging human-to-human interaction in technology-driven environments.  To know more about our digital transformation services, visit https://www.grantthornton.in/en/services/dgtl/  Reimagine your Digital Future with Grant Thornton dGTL. Explore with our experts, write to us at GTBharat@in.gt.com ..read more

The Covid-19 crisis exposed stark differences in the fortunes of different small and medium-sized businesses. Larger businesses did have an edge & were less hard-hit as a group. These were the ones who were able to take some knocks, bounce back, restart, adapt better than others.”. But we also know that the world at large & we don’t just mean the world of business and economics is mostly made of the long tail—from the results of a Google search to stocks listed on any exchange beyond the big index-driving stocks to mom-and-pop retail that drive and support the consumer economy, we see ..read more