Latest publications

Building the economy block by block: Real estate and infrastructure


This report, a collaborative effort between PwC India, NAREDCO and APREA, highlights the importance of the real estate and infrastructure sectors in India to drive growth.

PwC Ind AS Impact Analysis


As a follow-up to our Ind AS Outlook Survey published earlier this year, this publication summarises the actual impact of Ind AS adoption on corporate India. For the purposes of this report, we have evaluated interim financial information released by 75 companies until 14 September 2016.

Destination India


Our annual publication provides an introduction to potential investors on important aspects of investing and doing business in India, along with a summary of the laws, regulations and practices in India.

Closing the water loop: Reuse of treated wastewater in urban India


The paper aims at highlighting the need for developing wastewater reuse as a sector, identifying the interventions that could help in the development of this sector and also identifying suitable structures that can help in mainstreaming the implementation of wastewater reuse projects in the country.

Smart border management: An Indian perspective


This report presents the smart border management framework based on our multiple years of experience in supporting governments to establish effective border management systems across the world. Under this framework, we introduce the key elements of border management and explain how these elements, when implemented effectively, can lead to sustainable and efficient border management.

Assignments in India


This publication provides an overview of the tax and regulatory framework for foreign nationals coming to work in India. It helps in understanding the basic framework of the Indian tax system and the steps to be taken before and after arriving in the country.

Shaping Consumer Trends


The FICCI-PwC report endeavours to study and capture changing consumer trends in India, adoption of analytics in the Retail and FMCG space, the growth strategies of home-grown companies and a shift in the consumer purchase behaviour towards indigenous products. The report was launched at the platform, MASSMERIZE 2016 organised by FICCI.

Indian social security for cross-border assignments


The publication presents an overview of the Indian social security regulations applicable on cross-border assignments. It is designed to help employers and cross-border workers understand, the social security system in India and its various compliance requirements, the benefits available under social security agreements, and other matters which need to be kept in view.

Safe cities: Collaborative monitoring


This report highlights the importance of collaborative monitoring and lays emphasis on the impact and criticality of community participation in supporting our law enforcement agencies and optimising crime prevention. Through this report, we have attempted to present the collaborative monitoring framework and approach in the current surveillance scenario.

Energizing South 2016: Smart– Reliable– Sustainable power


This report presents an overview of the power scenario in the southern India, and discusses future challenges to be addressed along with the opportunities for the industries and the role of various stakeholders.

Round-the-clock power supply: A key milestone for the Indian power sector


This report takes stock of the power sector in India and discusses the interventions required to achieve round-the-clock power supply and propose directions for stakeholders in the Indian power and energy sectors.

Winning together: Investment opportunities and synergies for the US and India


India-US bilateral relations have developed into a ‘global strategic partnership’ based on shared democratic values and increasing convergence of interests on bilateral, regional and global issues. PwC was the knowledge partner to IACC Annual Convention 2016, 'Unleashing US - India economic synergy' and has put together this background paper. This paper has been prepared in consultation with PwC’s sector teams and is designed to cover various aspects of key sectors in India with the aim of enhancing the US-India economic engagement.

PwC ReportingInBrief: MAT Ind AS committee additional recommendations


The MAT Ind AS Committee has recently released its additional recommendations on the main issues relating to first-time adoption raised by stakeholders. In this publication, we have summarised these recommendations and also included the key takeaways.

Protecting interconnected systems in the cyber era


This report presents the best practices from across the globe that can assist organisations in India in building a strong defence against cyber threats, thus fostering organisational growth in this digital age.

PwC ReportingPerspectives: July 2016


Our quarterly newsletter covers the latest developments in financial reporting as well as other regulatory updates. This edition includes an overview of certain important aspects related to interim reporting. It also discusses SEBI’s recent clarifications in the context of quarterly Ind AS reporting for listed companies.

Industry 4.0: Building the digital enterprise


Industrial leaders are digitising essential functions and processes. They are enhancing their product portfolio with digital functionalities and are investing in data analytics as a foundational capability to drive innovation and significant improvements in efficiency.

Emerging Markets: Driving the payments transformation


In this paper, we examine the current state of the payments industry across the emerging markets, identify key drivers and developments already underway and determine what is required to realise the market potential between now and 2030.

PwC ReportingInBrief: Continuous disclosures by InvITs registered under SEBI


The SEBI consultation paper with various proposals on continuous disclosures by InvITs is a positive step and will provide more clarity to companies that are planning or commencing the InvIT listing process.

Impact of Brexit on financial reporting


The UK voters' decision to leave the EU has led to considerable political, economic and financial uncertainty, which is likely to continue in the months to come as specifics of how UK will exit the EU will be the subject of negotiations for at least the next two years. While the vote has had an immediate impact on financial markets, both in the UK and across the world, we look at how the mandate will affect financial reporting for Indian companies doing business in the UK.

Bridging the gap: Increasing coal production and sector augmentation


This report, launched at the 8th India Coal Summit in New Delhi, presents the various scenarios of domestic coal production vis-à-vis the target set by the ministry for FY 2020.

Fintech: Redefining banking for customers


In the last few years, technological innovation has allowed new players to change the way the world perceives financial services. This report appraises the development of new technologies and offerings by fintech in the banking space, the adoption of these emerging technologies and the impact that fintech has had on the financial services sector. The report also presents the key findings of the CII-PwC Banking Tech Survey 2016.

Driving retail growth by leveraging analytics


There is an increasing focus on building analytics solutions and embedding them in the existing workflows of organisations. This report discusses how analysing data captured across the value chain can help deliver a superior customer experience and place the retailer on the path to long-term profitability.

PwC’s Physical Security Environment Survey 2016


The report examines the recent trends and developments in the domain of physical security in India and assess the key challenges and issues faced by Indian security professionals. The survey re-emphasises the need for security professionals and management to work hand-in-hand in order to intuitively identify strategic security threats and prepare a mitigation plan for sustenance of their business. Besides putting the physical security picture in perspective, the survey will help in providing the security directors’ outlook to the management.

India's new real estate and infrastructure trusts: The way forward


This report aims to provide an overview of the market for REITs and InvITs in India, and the benefits that accrue to various stakeholders by investing in these investment vehicles. It also elaborates on regulations governing the structure of these instruments in India and compares REIT markets across major countries in the world.

Impact of GST on online marketplaces


This report explores the current status of GST and the proposed changes after its implementation. Further, it highlights the opportunities and issues that need to be addressed from the perspective of online marketplaces.

Hydropower @ Crossroads


This report takes stock of the current state of hydropower development in India and suggest a roadmap to accelerate it in the future.

Performance management in India: A change beckons


This report is based on a study that aims to better explore, understand and analyse the evolving contours of performance management in India. It summarises our findings from an industry survey and multiple discussions with industry leaders.

Non-Banking Finance Companies: The Changing Landscape


Our knowledge paper presents an analysis of various alternate credit scoring methodologies and their feasibility in the Indian context.

PwC ReportingPerspectives: April 2016


Our quarterly newsletter covers the latest developments in financial reporting as well as other regulatory updates. This edition explains the key requirements of Ind AS 108, ‘Operating segments’, and discuss practical issues that might arise during the course of implementation. It also includes a summary of the key amendments proposed to the Companies Act 2013 through the Amendment Bill 2016.

PwC’s Global Economic Crime Survey 2016: India edition


The survey is one of the most comprehensive studies of economic crime in the business world. This year, we received more than 6,000 responses from around the globe. In India, our survey respondents are from various industries and sectors. A diverse mix of views from senior executives across a range of functional specialisations from listed, public and private sector organisations makes this survey representative of corporate India’s perception of economic crime.

Make in India: Achieving self-reliance in defence production


This report, which was released at the Defexpo 2016, is a follow-up to our 2014 report ‘Self-reliance in defence production: The unfinished agenda’. In this report, we present details of the work done by the government in the past two years towards creating an ecosystem that facilitates the building of a domestic defence industrial base. The report is based upon valuable inputs from the Department of Defence Production, as well as a survey of both domestic and foreign companies, directly as well as through ASSOCHAM.

Shaping the climate agenda: Opportunity for Indian businesses


This report, released at the 5th Sustainable Environment Forum 2016 organised by ASSOCHAM, provides an overview of India’s approach to climate action, its policies, and the challenges and opportunities that lies ahead for Indian businesses. The report provides a good reference point for discussions on key agenda items for policymakers, business, academia and civil society.

The gas play: India Gas Sector Survey 2016


This report released at the 2nd IndianOil Gas Conclave in New Delhi, is based on a survey that gathers views from a diverse set of stakeholders on 18 questions around five key sub-topics. The survey results reveal that the Indian gas market is yet to attain maturity for the unbundling of the gas transmission and gas distribution segments as well as for the determination of tariffs based on entry-exit structures. Expeditious granting of permissions by authorities, government mandates and reforms in tariff regulations were cited by the survey respondents as the three most critical factors for CGD development. Reforms in anchor consumer sectors—namely the power and fertiliser sectors—are a must for accelerating growth in the gas sector. The survey respondents also indicated that a government mandate on the usage of natural gas in sectors is a must for switching over from alternative fuels.

Technology-enabled manufacturing: Growth prospects for eastern India


This report, based on CII-PwC survey of 53 business executives from five states of eastern India, attempts to showcase the new technologies that are poised to change the shape of the manufacturing industry. The aim of adopting new technology is to improve the core of doing business successfully, by understanding customers better, producing better goods to meet their needs and improving productivity to realise value.

Making diversity work: Key trends and practices in the Indian IT-BPM industry


PwC has been the knowledge partner for the NASSCOM Corporate Awards for Excellence in Diversity & Inclusion (D&I) since 2010. Over the years, the award process has provided PwC an opportunity to observe progress of various initiatives in the area of diversity across the IT-BPM industry and gain insights into the trends shaping the D&I agenda. This report highlights the emerging trends of D&I that IT-BPM organisations have adopted in India. It also presents detailed case studies on successful diversity programmes from some of the leading industry practitioners. While the IT-BPM companies have been talking about D&I as a focus area for many years, there is now evidence that this focus has resulted in inclusion becoming a serious mandate in itself.

PwC - Snapdeal Policy Communiqué Series


This is the first of a series of communiqués, which aims to highlight emerging tax, policy and regulatory issues relevant to the growth of the start-up/eCommerce ecosystem in India. This paper covers an important issue facing start-ups and digital businesses around section 79 of the Income-tax Act, 1961, wherein they are unable to carry forward and set off the business losses that they typically incur in the initial years of their operations, because of the dilution of the original promoter shareholding beyond 49%, to other investors/ VCs/ PE players.

India-Africa partnership in agriculture: Current and future prospects


This report aims to gauge the options for partnerships and collaboration across various agriculture sub-sectors, such as land, farm mechanisation, food processing, agri-marketing and innovations in the agricultural space. These initiatives will ultimately contribute towards achieving the twin goals of economic growth and food security.

BEPS Global and Indian perspective


The year 2015 heralded the beginning of ‘BEPS-related actions’ – but it was really just the beginning! Going forward, if these actions take shape as planned, and coherently across most of the world, we are certainly at the threshold of a paradigm shift in the international taxation regime. The buzz is that India is likely to see changes in the coming Budget 2016 – legislative, as well as those relating to administrative aspects. However, before exploring the Indian state of play and to be able to contextualise the possible transformation that India may undergo, an understanding of the global picture becomes relevant. We have put together a booklet which outlines the key facets of the ‘BEPS world’ after finalisation of the BEPS deliverables. This is an attempt to present the ‘big picture’ on BEPS – globally and in India, and also provide insights on the Indian intent and deliberation on BEPS.

Building retail businesses for tomorrow today


PwC’s annual global total retail survey 2016 has tracked consumer behaviour across retail channels, bringing to light the changes brought about by multichannel retailing. Conducted by PwC’s global Retail and Consumer Goods practice, in conjunction with r2i, like every year, we administered a global survey to understand and compare consumer shopping behaviours and the use of different retail channels across 25 territories.

India Manufacturing Barometer: Winds of change


The survey conducted by FICCI and PwC Strategy & aims to bring out key aspects related to the sector, including the expectations of manufacturers for the next 10 to 12months. The study highlights reforms related to land, labour and the goods and services tax (GST) as crucial means to attain our objectives.

PwC Ind AS Outlook Survey Report


PwC conducted a survey of finance executives and other stakeholders to gather companies’ views on the transition, benefits, challenges and preparedness to implement Ind AS. This report summarises the survey findings and aims to provide insights to companies in gauging the key implications of Ind AS implementation. This will be particularly helpful to Phase II companies, who will be preparing for Ind AS adoption beginning 1 April 2017.

Ind AS pocket guide 2016


This pocket guide provides a brief summary of the recognition, measurement, presentation and disclosure requirements under the Indian Accounting Standards prescribed under section 133 of the Companies Act, 2013, as notified under the Companies (Indian Accounting Standard) Rules, 2015.

PwC ReportingPerspectives: January 2016


Our quarterly newsletter covers the latest developments in financial reporting as well as other regulatory updates. This edition includes certain important aspects related to accounting for share-based payments under Ind AS 102. It also discusses how the accounting regime for share-based payments will change for corporate India under Ind AS, and how this is expected to have a significant impact.