Pwc India

Digital transactions in India to grow threefold by 2028-29: Report

UPI, credit cards, QR codes adoption increasing but debit cards may be losing their sheen

At 18% export growth rate, India may touch $1 trn goal by 2028-29: PwC

In the "Conservative" case, if exports grow at the rate of 10 per cent, India would have to wait until 2032-33 to meet the target of $1 trillion in exports

PwC India, Microsoft India ink agreement to strengthen cybersecurity

The alliance would use Microsoft Copilot for Security - a generative AI-powered security tool

PwC and Microsoft team up in India to boost cybersecurity with Copilot

PwC India has announced a partnership with Microsoft India to spruce up incident response and recovery capabilities. According to a release, the alliance brings together PwC India's incident management capabilities and Microsoft's advanced technology to protect enterprises effectively, at a time when organisations face increasingly-sophisticated cyber threats. "With the use of Microsoft Copilot (generative artificial intelligence chatbot) for security -- a generative AI-powered security solution, enterprises can leverage Microsoft's large-scale data and threat intelligence security graph with PwC's secure system rebuilding and broader incident management capabilities," the release said. Moreover, faster removal of threat actors can be achieved with Microsoft Incident Response swiftly, identifying and evicting bad actors, while PwC India focuses on rebuilding mission-critical systems securely, it added.

Union Budget 2024-25: Emphasis on bringing simplicity in direct tax system

Tax proposals aim to bring in uniformity, improve compliance and reduce litigation

Union Budget 2024-25: Lightening the indirect burden on taxpayers

The Budget has taken up several welcome measures for their benefit and overall trade facilitation

Sanjeev Krishan re-elected as chairman of PwC in India for second term

The consultancy said that Krishan would continue to represent it externally and internally. He will also continue to serve on the PwC Global Strategy Council

75% Indians expect higher spending on clothes, footwear in 6 months: Report

74% think their spending on groceries may go up in the next six months

Strict compliance, reporting rules making tax function difficult: PwC India

The study also said that to manage compliance and ensure that businesses pay their "fair share" of taxes, rapid tech adoption is necessary

Family offices surge to 300 since 2018 on Tier-II,-III push: PwC report

Family offices are increasingly venturing into startups and venture capital, although they typically prefer to see some traction before investing

PwC India expects rise in small, mid-size merger & acquisition transactions

PwC India anticipates an upswing in the India markets, especially in small to mid-size M&A (merger and acquisition) transactions and growth fundings driven by increasing investors' confidence. The year 2023 witnessed the emergence of a nuanced M&A landscape, with investors showing interests in diverse strategies and larger-scale ventures, even amid an overall decrease in PE investment, said Sanjeev Krishan, Chairperson, PwC in India. While PE deals were higher in volume, strategic deals dominated the top deals -- and domestic deals with group-level consolidations were a prominent theme. The first quarter of 2024 marked a resurgence in deal value and volume. According to a PwC report, top 10 deals of 2023 included JV buyouts, strategic investments, PE buyouts, and stock mergers, and contributed to 21 per cent of the total deal value. While PE deals were higher in volume overall, strategic deals dominated the top deals with domestic deals and group-level consolidations as a ...

Consulting firm PwC to be largest customer of OpenAI's enterprise product

PwC will provide the product, ChatGPT Enterprise, to around 100,000 of its employees in the USA and the UK

Now ICAI issues orders against seven domestic affiliate firms of PwC

In response to the order, Price Waterhouse and affiliates said that they were "disappointed"

Hope ICAI takes inputs before issuing networking rules: Sanjeev Krishan

PwC in India today employs more than 55,000 people across our 12 offices. Our recruitment efforts span the breadth of the country, resulting in a highly diverse team composition, Krishan said

India Inc to tap private credit to finance new projects, says PwC

Tax uncertainty is a big concern for PEs

Majority of top-100 firms making disclosures about carbon emissions: PwC

Supplementing the efforts of the Indian government to achieve a net-zero emission target by 2070, as many as 51 per cent of the top-100 companies have started making disclosures on a voluntary basis about carbon emissions, says a PwC India survey. The survey further said that about 31 per cent of the respondent companies have disclosed their net-zero targets. The government and the regulators have introduced new regulations pertaining to ESG (environmental, social and governance) for businesses. India's transition to BRSR Core positions the nation as a frontrunner in the global transition towards a more credible and transparent sustainability reporting landscape. "51 per cent of India's top 100 listed companies by market capitalisation disclosed their Scope 3 data for FY23 despite it being a voluntary disclosure in Business Responsibility and Sustainability Reporting (BRSR)," said the report, 'Navigating India's Transition to Sustainability'. This, it added, "sheds light on how Ind

Big Four adopt tech, hire more to meet rising risk advisory demand

Deloitte, KPMG, PwC and EY say business feel greater need for regulatory compliance after the coronavirus

Build trust in GenAI to transform India's data-rich tax landscape: Report

The report by consultancy firm PwC revealed that GenAI can help companies track latest laws and regulations around taxation and help overcome the current time gap

China looking into PwC's role in $78 billion Evergrande fraud case

No decision has been made on whether to penalize the auditor

PwC India to offer tech-based compliance monitoring services with Axar

Agreement will have the two companies work together in 'creating market awareness'