Business & Beyond

#GTBharat's PolicyCast Episode 20 | Budget 2026 and the next phase of India’s indirect tax framework

As Union Budget 2026 approaches, the spotlight is shifting to how indirect tax policy will shape consumption, competitiveness and ease of doing business. In the latest episode of #GTBharat’s PolicyCast, we turn our focus to GST 2.0, customs and excise reforms, and what businesses should realistically expect from the upcoming Budget. Manoj Mishra, Partner and Tax Controversy Management Leader, Grant Thornton Bharat, shares his perspectives on indirect tax reforms and Budget expectations: ▪️ What GST and indirect tax collections reveal about India’s economic momentum ▪️ Why GST 2.0 marks a shift from reform to refinement ▪️ Key friction points around ITC, refunds and inverted duty structures ▪️ The case for customs duty simplification and dispute resolution ▪️ How digitisation can move from intent to impact in customs administration A timely discussion on policy stability, structural efficiency and long-term growth as Budget 2026 draws closer. Tune in to the full episode to stay ahead of the indirect tax narrative. #PolicyCast #UnionBudget2026 #GST #IndirectTax #BudgetWithGT #GTOnBudget

#GTBharat's PolicyCast Episode 19 | Taxpayer expectations and policy directions for Budget 2026 with Richa Sawhney

As India gears up for a landmark Union Budget and the rollout of the new Income Tax Act from April 2026, expectations around simplification, tax certainty and dispute prevention are gaining momentum. In this episode of #GTBharat’s PolicyCast, Richa Sawhney, Partner, Tax, shares key taxpayer recommendations ahead of the Budget. This episode explores: • Whether salaried taxpayers can expect further relief• The case for a unified ITR to simplify return filing• Measures to strengthen dispute resolution and prevention• The need for clearer guidance on GAAR • Key clarifications sought for non-resident taxation • Reforming TDS to reduce compliance burden and litigation Tune in to the full episode for expert insights on what could shape India’s tax framework in 2026. #PolicyCast #UnionBudget2026 # #TaxReforms #BudgetWithGT

#GTBharat's PolicyCast Episode 18 | Dividend distribution tax and treaty relief with Riaz Thingna

How does the recent Bombay High Court ruling on Dividend Distribution Tax (DDT) reshape India’s international tax landscape? In the latest episode of #GTBharat’s PolicyCast, Riaz Thingna, Partner, Tax, decodes the landmark judgment capping the DDT rate in line with the India–UK tax treaty, reversing the positions taken by the BAR and ITAT Special Bench decision. Riaz shares insights on: • Why treaty provisions prevail over domestic law • The Court’s interpretation of DDT as a tax on shareholder income • Evaluation of past position and potential refund claims • Practical challenges, including gross-up, refunds, and foreign tax credit claims • What taxpayers should monitor till the matter attains finality before the Supreme Court #PolicyCast #InternationalTax #CrossBorderTaxation #CorporateTax #Podcast

#GTBharat's PolicyCast Episode 17 | Preparing for US tax residency with Nikita Gulati

Pre-immigration tax planning has become an essential component of cross-border mobility and long-term financial structuring. In the latest episode of #GTBharat’s PolicyCast podcast series, Nikita Gulati, Partner, US Tax, outlines how individuals preparing for US residency can organise assets, manage reporting duties and align their financial position with US tax rules. She discusses: • How worldwide taxation applies once US tax residency is triggered • Key steps to review global assets, document cost basis and assess PFIC and CFC exposure • The relevance of restructuring foreign entities and considering pre-entry income recognition • Estate and gift tax considerations for residents and non-residents • Common compliance gaps linked to FBAR, FATCA, Form 5471 and Form 8621 • Practical actions to begin planning well ahead of relocation This episode offers structured guidance for globally mobile individuals preparing for a US move. #PolicyCast #PreImmigration #USTaxation #CrossBorderFinance #USresidency #Podcast

#GTBharat's PolicyCast Episode 16 | Tracing the new DPDP Rules 2025 with Jaspreet Singh

India has entered its most consequential phase of data governance yet.With the notification of the DPDP Rules 2025, the country now has a clear, operational roadmap for implementing the Digital Personal Data Protection Act — signalling a decisive shift toward structured, accountable and citizen-centric data management. In the latest episode of #GTBharat’s PolicyCast, Jaspreet Singh, Partner, Cyber Assurance & Governance Leader, provides a clear and comprehensive analysis of what the DPDP Rules mean for organisations preparing for compliance and long-term governance maturity. Tune in as he discusses:🔹 How the DPDP Rules 2025 translate legislation into actionable compliance requirements🔹 The mandate, powers and role of the Data Protection Board of India🔹 The three-phase implementation pathway, culminating in full compliance by May 2027🔹 Strengthened data principal rights and evolving expectations for organisations🔹 Key compliance priorities across consent architecture, data lifecycle management, breach reporting and vendor oversight🔹 Why this regulatory shift is central to building digital trust at national scale This episode offers timely guidance for leaders navigating one of the most significant regulatory transformations shaping India’s digital economy. #PolicyCast #DPDP2025 #DataProtection #DigitalIndia