Business & Beyond

How are global tariffs reshaping transfer pricing strategies?

In the latest episode of #GTBharat’s PolicyCast, Fatema Hunaid, Partner and Asia Pacific Transfer Pricing Leader, shares how tariffs are transforming intercompany pricing, benchmarking, and risk allocation for multinational enterprises.

Key insights from the episode:

• Tariffs are now strategic variables, impacting intercompany pricing and risk allocation.

• Benchmarking comparables is more complex—tariffs distort cost structures and market dynamics.

• Aligning customs valuation with transfer pricing is critical to avoid regulatory challenges.

• Profit margins under tariff pressure require proactive policy adjustments and clear documentation.

Listen to the full episode.

#TransferPricing #GlobalTrade #Tariffs #PolicyCast #InternationalTax #Podcast

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

In the latest episode of #GTBharat’s PolicyCast, Sachhin Shinde, Partner, Tax Planning & Optimisation, breaks down the big takeaways from the 56th GST Council meeting, which introduced a new wave of reforms ushering in GST 2.0.Key insights from the discussion:🔹 Shift to a simplified 2-slab structure (5% and 18%) with a new 40% rate for luxury goods🔹 Boost to consumption and household savings through lower costs on essentials🔹 Faster cash flow with risk-based provisional refunds sanctioned within 7 days🔹 Operational ease through simplified registration and GST Tribunal for dispute resolution🔹 Transitional challenges businesses must address — from ERP updates to pricing strategies and compliance risksTune in to understand how GST 2.0 is set to simplify compliance, ease working capital pressures, and strengthen India’s competitiveness in a volatile global economy.#GSTCouncil #GSTReforms #PolicyCast #TaxInsights

What makes related party transactions a cornerstone of corporate governance?In the latest episode of GTBharat’s PolicyCast, Priya Bhutani, Executive Director, CFO Advisory, sheds light on how boards, regulators, and stakeholders are reshaping the framework for RPT governance. From evolving SEBI norms to the growing role of technology, the conversation unpacks both challenges and solutions.

Key points from the discussion:

• Governance in practice – Why awareness and maturity levels across companies shape RPT compliance effectiveness

• Regulatory shift – How SEBI’s enhanced disclosure norms are driving transparency and consistency

• Boardroom focus – Independent directors’ increasing scrutiny of rationale, ROI, and arm’s-length pricing

• Documentation essentials – Evidencing commercial benefits in royalties, intra-group loans, and support services

• Technology’s role – How automation and integrated tools strengthen transparency and accountability

Listen to the full conversation to gain insights.

How will the latest GST reform impact businesses and compliance?In the latest episode of #GTBharat's PolicyCast, our leader, Krishan Arora, provides a comprehensive perspective on the merger of the 12% and 18% tax slabs.This pivotal change is a significant step toward a more streamlined and globally competitive tax structures. Krishan provides clarity on several key aspects:• Impact on operations: How this reform will simplify business processes and reduce classification disputes.• Market implications: The ripple effect on sectors such as automobile, FMCG, and cement.• Global alignment: How the new two-slab structure enhances India's appeal as a stable investment destination. Listen to the full analysis to gain a deeper understanding of this policy change. #PolicyCast #GST #Podcast #Taxation #GSTCouncil #GSTReforms

After the successful launch of #GTBharat's Policycast, an ongoing podcast series focused on decoding and simplifying key developments in taxation, finance, and regulatory policy, the latest episode shifts focus to global trade developments.

Our leader, Manoj Mishra, shares insights on the recent US decision to impose steep tariffs on Indian exports and analyses its wider implications for businesses, MSMEs, and the economy.

Here are some key takeaways from this episode:

🔹 US imposes cumulative tariffs of 50% on key Indian exports

🔹 Sectors like textiles, gems and jewellery, leather goods, and processed foods face the highest impact

🔹 Working capital pressures on MSMEs and potential job losses in labour-intensive sectors

🔹 Opportunities to explore alternative markets through trade agreements and new export strategies

Tune in for expert insights on what these changes mean for businesses, exporters, and the broader economy.

#Policycast #TradePolicy #Podcast #UStariffs #IndianEconomy