Business & Beyond

The wait is over — the GST Appellate Tribunal is now operational, marking a landmark moment in India’s indirect tax landscape. What does this mean for taxpayers and businesses navigating dispute resolution? In the latest #GTBharat’s PolicyCast episode, Manoj Mishra, Partner and Tax Controversy Management Leader, explains the transformative impact of the tribunal’s rollout and its strategic implications. Key takeaways: • The GST Appellate Tribunal begins operations eight years after GST rollout, bridging a major gap in dispute resolution. • Fully digital tribunal with e-filing, virtual hearings, and integrated workflows for end-to-end transparency. • Principal bench in Delhi and multiple state benches to ensure nationwide accessibility. • Staggered appeal filing introduced to manage case volumes efficiently. • Strategic considerations for businesses transitioning to the new regime. Listen to the full episode here

With evolving tax regulations and new judicial precedents, this year’s return filing season calls for sharper focus and informed decision-making. In the latest #GTBharat’s PolicyCast episode, Riaz Thingna, Partner, Tax, Regulatory & Finance Consulting, highlights key updates that corporates must consider while filing ITR for FY 2024–25. From the shift in buy-back taxation to the overhaul of the capital gains regime and withdrawal of the equalisation levy — explore what’s changed and its implications for taxpayers. Key takeaways: • Buy-back proceeds now taxable at shareholder level; original cost of acquisition can be claimed as capital loss • Capital gains regime updated with new rates, holding periods, and LTCG exemption threshold of INR 1.25 lakh • Equalisation levy withdrawn for FY 2024–25  • Presumptive taxation introduced for non-resident cruise-ship operators  • Recent judicial pronouncements having impact on tax computations Listen to the full episode for expert insights. #PolicyCast #IncomeTax #ITRFiling #CorporateTax #TaxCompliance #Podcast

What do SEBI’s proposed changes to the Related Party Transactions (RPT) framework mean for businesses and investors? In Episode 7 of #GTBharat’s PolicyCast, Prasenjit Sarkar, Partner, CFO Advisory, explains the amendments to the SEBI (LODR) Regulations, 2015 and their potential impact on compliance, governance, and transparency. Key takeaways: 🔹 Enhanced clarity and oversight in the RPT framework under LODR 🔹 Simplified compliance to support ease of doing business 🔹 Greater accountability for listed companies and their boards 🔹 Stronger safeguards to enhance transparency and protect investor interests Tune in to explore how the evolving RPT regime could reshape corporate governance in India. #SEBI #CorporateGovernance #RelatedPartyTransactions #RPT #Podcast

Looking to expand your workforce and benefit from government incentives? In the latest episode of #GTBharat’s PolicyCast, Rajashree Sarna, Partner, Global People Solutions, decodes the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY) — an employment-linked incentive scheme designed to support employers and strengthen India’s workforce. Key highlights: • Target of creating 3.4 crore new jobs • Employer incentives of up to INR 3,000 per employee/month for 2 years • First-time employees receive a one-time benefit of up to INR 15,000 • Manufacturing sector enjoys extended support for 4 years • Seamless registration via EPFO with direct benefit transfers Discover how PM-VBRY can drive growth, inclusion, and competitiveness. Tune in for the full discussion. #PMVBRY #PolicyCast #EPFO #RozgarYojana #Employment #IndianEconomy #Podcast

What does it take to build a company that outlives its founder and becomes an enduring institution? In our first episode of Faces of Vibrant Bharat, Dr. Anand Deshpande, Founder, Chairman and Managing Director, Persistent Systems, joins Pallavi Bakhru, Partner and Family Office Services Leader, Grant Thornton Bharat, for a candid conversation on entrepreneurship, leadership and legacy.  Key themes include:  - Dr. Anand Deshpande’s journey from an early career in Silicon Valley to establishing a $1.4B enterprise in India  - Transitioning from “my company” to “our company” and the importance of professionalising growth  - Separating ownership from management in succession planning  - Building talent, culture and resilience in founder-led organisations  - Philanthropy, entrepreneurship and the meaning of legacy beyond family succession  This conversation offers valuable insights into building businesses that last, nurturing institutional strength and creating impact beyond personal success.  #PodcastSeries #FacesOfVibrantBharat #90YearsAndBeyond