Cyberterrorism and geopolitical situations

Dhruv Chawla, Partner, Forensic Services and Dhritimaan Shukla, Director, Forensic Services

With the rise in the use of interconnected devices and proliferation of data, cyberterrorism has become a reality in today’s world. According to the US Federal Bureau of Investigation, cyberterrorism is any ‘premeditated, politically motivated attack against information, computer systems, computer programs, and data which results in violence against non-combatant targets by sub-national groups or clandestine agents’.1

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Being calm in the eye of the storm: Are you prepared?

Dinesh Anand, Partner, Forensic Services Leader, PwC India

DA blog

In recent times, corporate India has witnessed a steady increase in the number of security breaches, crises and incidents. According to the PwC’s Physical Security Environment Survey 2016, 73% of the respondents felt that the number of security incidents had increased in the past two years and that they would continue to do so in the next two years. The rising threat of terror attacks, natural disasters and incidents of social unrest have been causing considerable alarm in major cities across the world. Whether it was the Chennai floods of 2015 or terror attacks in Brussels this year, the devastation from such incidents has been disrupting businesses across communities and countries. While we have very little control over natural occurrences (floods, earthquakes etc.), we do have control over the ways we can safeguard our businesses and people against them.

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The entertainment and media outlook: India vs the world

Frank D’Souza, Partner and Leader, Entertainment and Media, PwC India

PwC has been publishing the Global entertainment and media outlook for the last 17 years. In the current year, we have covered 54 countries which houses potentially 5/6th of the world’s gross domestic product (GDP). Our Outlook covers a running period of five years, and shows a prediction of the global entertainment and media (E&M) market size growing from 1.7 trillion USD at the end of 2015 to 2.1 trillion USD by the end of 2020 at a CAGR of 4.4%. As against this, India is expected to grow at a CAGR of 10.3%, from a market size of 25.1 billion USD to 41.1 billion USD over the same period.

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Cabinet approves the setting up of the GST Council

Pratik Jain, Leader, Indirect Tax, PwC India


Things continue to move at a rapid pace on the GST front. It is encouraging to see that within four days of the assent of the Constitution Amendment Bill by the President of India, the government has approved the setting up of the GST Council and the first meeting of the GST Council is to be held within 10 days of the Cabinet approval.

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RBI's Monetary Policy

Ranen Banerjee, Partner and Leader, Public Finance & Economics, PwC India


There was no other way to go but maintain status quo in the monetary policy announcement made by RBI. The inflationary pressures are weighing on growth with RBI’s inflation-targeting policy mandate. But, the perplexing situation on prices is the huge gap between wholesale and retail inflation which indicates that the price changes at the level of inputs are not getting reflected in the prices of final consumable products.

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Indian real estate sector remains attractive for the world

Abhishek Goenka, Partner, PwC India


Liberalisation of the Indian FDI policy in the real estate (RE) sector has increased the momentum of foreign investment and reinforced investor confidence in India.

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GST Bill passed by the Parliament

Our indirect tax experts share their views on the historic tax reform

Blogpost by Pratik Jain

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It's time to roll back the tax on buy back of shares

Suresh Swamy, Partner, Tax, PwC India

Suresh Swamy-Tax-blog

Dividend and buy-back of shares have been commonly used by companies to pay distributable reserves to their shareholders. While payment of dividend is subject to dividend distribution tax (DDT) payable by the company paying the dividend, buy-back of shares is chargeable to tax as capital gains (CG) in the hands of the shareholder.

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India: A potential global Fintech hub

Manoj Kashyap, Global Fintech Leader, PwC US

PwC-Decode-Blog-by-Manoj Kashyap

During my week-long visit to India I was pleased to witness an industry that is buzzing with FinTech activity. My discussions and one-on-one meetings with various traditional FS firms, FinTech startups, investors and regulators that were organised by PwC India FinTech team and the breakfast session on FinTech - attended by 20+ FS industry leaders - revealed that the industry is bullish specially towards payments, lending, customer experience, personal finance and blockchain which is in-line with our Global FinTech Survey 2016 findings.

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India gears up for the 4th Industrial Revolution

Sudipta Ghosh, Leader, Data and Analytics, PwC India

‘Industry 4.0’ stands for the fourth industrial revolution. It focusses on the end-to-end digitisation of all physical assets and their integration into digital ecosystems with value chain partners. It has been used to describe the journey industrial companies are taking towards a complete value chain transformation.

Across the globe, industrial products majors are investing in digital technologies to either get closer to their customers or drive operational efficiencies. This trend is also very visible in India.

According to the PwC’s Industry 4.0: Building a digital enterprise report, more than a quarter (27%) of the Indian industrial companies in this survey have rated their level of digitisation as high, and this value is expected to rise to 65% within the next five years. Globally, this number is expected to grow from 33% to 72% during this period.

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The opinions expressed in the blogs are personal.