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Access Deloitte India’s thought leadership articles on key trends concerning CFOs and boards of directors across Indian companies.
The Strategic Corporate Treasurer: Backbone of a successful organization
The corporate treasurer who was earlier tasked with managing market volatility and providing liquidity is now expected to monitor the margin of error in business strategy execution and take counter-measures to keep it in within acceptable limits. The success of the corporate treasurer of yester-year was defined by narrow metrics like hedging gain/ loss or cost of funding. However, the success of today’s corporate treasurer is defined by the ability to manage internal and external stakeholder expectations. Read on to learn more.
Is your organization ready for the global tax reset?
It is being called a global tax reset, the biggest change to international tax principles in a generation. In October, 2015, the Organisation for Economic Co-operation and Development (OECD) released its final package of measures for its 15-point Action Plan on Base Erosion and Profit Shifting (BEPS). The new rules will affect more than the tax practices of organizations with multinational operations—they will have broad-based business and operational impacts. Determining an organization’s response, therefore, will need to involve more than the tax department; it will also require the input of the C-suite and the board of directors.
Proactive engagement: Opportunity to build stronger relationships
“Companies are increasingly focused on engagement strategies, viewing engagement as an opportunity both to inform and educate shareholders as well as to get feedback from them. As a result, companies need to think about which shareholders they target for engagement and how to engage with them—for example, should the company engage with just institutional investors, and if so, how many? What’s the right way to engage with retail investors, who are generally more supportive of management and the board? Should members of the board engage with shareholders and, if so, under what circumstances? Access the document to delve answers to these questions.
Goods and Services Tax in India
Taking stock and setting expectations
The global spread of VAT/GST reinforces the success of VAT/GST system of indirect tax over any other form of taxation. With India inching towards a GST regime, a set of key expectations surrounds economic development, growth in international trade, moderate taxes, stability in prices etc. Further, expectations of taxpayers are in the form of simplicity and uniformity of the tax structure, clarity and transparency, ease of taxpayer’s compliance, administrative improvements, faster and simpler grievance redressal mechanism etc.