Latest publications

Performance management in India: A change beckons

02/05/16

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

29/04/16

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

PwC ReportingPerspectives: April 2016

22/04/16

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 Physical Security Environment Survey 2016

21/04/16

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.

PwC’s Global Economic Crime Survey 2016: India edition

15/04/16

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

29/03/16

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

23/03/16

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

22/03/16

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

18/03/16

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

15/03/16

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

24/02/16

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

19/02/16

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

16/02/16

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

10/02/16

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

08/02/16

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

03/02/16

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

27/01/16

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

19/01/16

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.