Deloitte India and Thomson Reuters join forces to drive digital transformation across tax functions in India

New Delhi, 27 March 2024—Deloitte India has extended its strategic partnership with Thomson Reuters to empower tax functions in their journey towards accelerated digital transformation. This initiative brings innovative solutions that will streamlinew finance and tax operations through automation, enhancing compliance and efficiency within the taxation functions.

Gokul Chaudhri, President, Tax, Deloitte Touche Tohmatsu India LLP, said, “There is an increasing trend of corporates planning to transform their traditional tax departments into a technology-driven function. Our recent survey on “Income-Tax digitalisation in India”, indicated that about 80 percent of the respondents plan to transform their internal tax functions within the next five years. This gives us the confidence that along with Thomson Reuters, we will empower our clients with proven solutions for their tax technology and automation challenges to be ahead of the curve.” 

Manisha Gupta, Partner, Deloitte Touche Tohmatsu India LLP, said, "Navigating the intricate regulatory terrain of tax landscape requires constant adaptability, which only technology can provide. This collaboration offers a comprehensive solution for corporate tax needs by synchronising data at one platform and enhancing transparency across the entire tax process.” 

Harry Linggoputro, Senior Director, Partnerships and Alliances, Tax & Legal Thomson Reuters Asia and Emerging Markets, said, “Amid the digital revolution sweeping through tax functions, our collaboration with Deloitte India, stands as a beacon guiding companies towards a future where adaptability meets innovation. Together, we redefine today's complexities and solve tomorrow's challenges by forging meaningful connections."

Vinay Prabhakar, National Sales and Alliance Leader, Deloitte Touche Tohmatsu India LLP, said, “This coalesce between Deloitte India and Thomson Reuters will redefine how businesses navigate the complexities of the digital age. Together, we'll solve complex problems with innovative solutions, addressing today’s rapidly evolving digital landscape.”
 

Notes to the editor

About Deloitte
This press release has been issued by Deloitte Touche Tohmatsu India LLP. (Deloitte India)
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Please see www.deloitte.com/about for a more detailed description of DTTL and its member firms.

About Thomson Reuters:
Thomson Reuters is a leading provider of business information services. Our products include highly specialised information-enabled software and tools for legal, tax, accounting, and compliance professionals combined with the world’s global news service —Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.