CFO agenda - Essential Insights for CFOs & Finance Leaders - EY - India. The CFO agenda Inside CNBC Global CFO Council The CNBC Global CFO Council represents an elite group of CFOs who share their views on key issues and challenges for today’s CFOs.
Cognitive Robotic Process Automation for a Digital Workforce - EY India - EY - India. Automation is changing the way corporations work dramatically All back office functions are facing a disruptive revolution.
Automation is changing the way corporations move towards building a digital workforce. EY has been building up competencies and has established proof of concept designs across the globe, as well as a Centre of Excellence (COE) in India to be ahead of the market. Frontend software technology has come to the point that enables software robots (Bots) to perform human actions and automate repetitive tasks across multiple business applications. Cost Optimization to Improve the Business Cost - EY - India.
Every organization is focused not just on growth but profitability.
And profitable growth comes with tackling your cash and cost challenge. Our research suggests that 70% of the companies do not sustain their cost improvements over a three-year period. For EY Advisory, a better working world means solving big, complex industry issues and capitalizing on opportunities to help deliver outcomes that grow, optimize and protect our clients’ businesses. Our global mindset and collaborative culture across our diverse team of consultants and industry professionals inspire us to ask better questions about the cash and cost challenges you face. EY Advisory Services - Digital - EY - India. We address big, complex issues and capitalize on opportunities to help our clients grow, optimize and protect their businesses now and in the future.
Organizations have the opportunity to leverage the power of digital, but need to mitigate the threats to pave the way to a successful future. We can leverage our agile innovation methodology to help you speed up your processes. Our deep commercial experience combined with the digital skills and knowledge that come from 50 years of working with disruptive innovators around the world, as well as helping leading companies navigate the digital landscape, inspire us to ask better questions. We help you explore the possibilities, innovate to create your digital vision, use analytics to inform decisions and manage risk. We can guide you through the technology, legal, regulatory and tax ramifications, assist you in executing the transformation, and provide the cybersecurity knowledge and experience to help protect your organization. EY Advisory Services - Supply Chain & Operations - EY - India.
Companies are grappling with complex challenges: declining efficiencies, the emergence of new competition, aging assets and impact on CAPEX management, cost escalation and more regulation.
In the energy sector, we work with companies to help them balance the demand for new operational structures around fresh discoveries, while driving significant cost efficiencies in current operations to deal with volatile oil prices. Our key offerings: Capital Excellence We work with companies to help identify, finance, develop, construct, commission and decommission major capital assets. IFRS Standards - International Financial Reporting Standards - EY - India. Companies should use the additional time to prepare fully for Ind AS and update finance systems.
India's commitment to convergence with International Financial Reporting Standards ("IFRS") moved a step closer with the publication of 35 Indian IFRS standards ("Ind AS") by the Ministry for Corporate Affairs (MCA) in late February 2011. However, Ind AS are different from IFRS in several important areas. All companies are likely to be affected by changes in respect of first-time adoption and presentation: a high level summary to Ind AS can be found here . A detailed guide to Ind AS is forthcoming. It will take some time for companies to analyze these changes. Furthermore, the respective bodies need to decide whether interpretations on leasing and infrastructure would be ultimately included in Ind AS, and how companies reporting under Ind AS will be taxed. Published in January 2010 would be replaced with a new timeline.
Ind AS MasterClass and the Key Focus Areas of IND AS - EY - India. We recently completed our "seventh" edition of Ind-AS Master Class, which received some exceptional feedback.
In continuation of the same, we are now launching the "eighth" edition. India has now finally opened a new chapter in its accounting reforms initiative with the formal notification of Indian Accounting Standards (Ind-AS) issued by the Ministry of Corporate Affairs (MCA) on 20 February 2015. BEPS – Focus on Base Erosion & Profit Shifting – EY India - EY - India. The view of governments across the world is that the current international tax standards have not kept pace with the changes in global business practices.
Many countries have perceived the relevance of adopting BEPS as these reports include recommendations for significant changes in key elements of the international tax architecture. India is actively following the BEPS recommendations and has been bringing amendments in the domestic law to be in line with BEPS regulations. A number of proposals in Indian Finance Act, 2016, are influenced from the recommendations emanating from the final reports of the OECD under its Action Plan on BEPS.
These include implementation of Master File and Country-by-Country (CbC) Reporting ( in compliance with Action 13), introduction of equalization levy which requires withholding on gross basis for all payments in relation to certain specified digital services (Action 1) and a “Patent Box” tax regime for royalty income (Action 5). Direct Taxes Code - EY - India.
Ernst &Young >Services>Services Tax International Tax - EY - India. Please note… You are now on the ey.com India site.
To return to the ey.com Global site or other country site, click on the India (English) link on the upper right of this page, and select your preferred country site. x International Tax services. About our wealth and asset management services - EY - India. Who we are Our global wealth and asset management network encompasses key financial centers in the Americas, Asia-Pacific, EMEIA (Europe, Middle East, India and Africa) and Japan.
Globally, we have more than 15,000 professionals, including over 1,100 partners with deep technical and business experience. Our combination of talent and resources gives us the ability to anticipate and adapt to the rapid and accelerating changes of today’s global economy. How we help our clients We are the most globally connected of the Big Four organizations, operating in four integrated regions — the Americas, EMEIA, Asia-Pacific and Japan. Ultimately, it enables us to help you meet your goals and compete more effectively. New avenues in India’s real estate sector - EY - India. Due to rapid urbanization, positive demographics and rising income levels, the Indian real estate sector has attracted significant investment over the past few years. The contribution of the real estate sector to India’s gross domestic product (GDP) has been estimated at 6.3% in 2013 and the segment is expected to generate 7.6 million jobs this year.
While housing contributes approximately 5%–6% of the country’s GDP, the retail, hospitality and commercial subsectors have also grown simultaneously, meeting the increasing infrastructural needs. Life Sciences Industry in India - EY - India. Pharmaceutical companies are facing great changes to the industry — emerging science, new products and services, shifting demographics, evolving regulations, transforming business models and increased stakeholder expectations. We are helping pharmaceutical companies around the globe to address the challenges presented by this new world we call Pharma 3.0.
We also publish a series of reports to bring you clear insights on accounting, tax, transaction, compliance and business process issues, as well as our annual report on pharmaceutical industry trends, Progressions. Our thought leadership helps you navigate the shifting global landscape and grow your business — the new business imperative of improving health outcomes. Today we stand on the cusp of the next big wave in improvements in health outcomes – driven not just by new products, but by behavioral change. Take a closer look: Health Care Sector - EY - India.
Health care around the globe is embarking on a once-in-a-lifetime transformation — the move to “Health 2.0,” the consumer-centric, outcomes-driven, prevention-focused future of health care. There are two catalysts for this shift. First, with aging populations and emerging market growth, chronic disease is becoming a global epidemic and driving health care cost inflation to unsustainable levels.
To tame costs, payers and governments are realigning incentives around value and outcomes. At the same time, health is finally entering the digital age — unlocking information, empowering patients, enabling real-time analytics and bringing much-needed focus on prevention. Yet, just as technology creates opportunities for health care organizations, it also presents threats as new entrants disrupt the competitive landscape. Budget 2016: Smart funding for Smart City initiatives - EY - India.
Business Today By Shrinivas Kowligi Partner, Government and Transaction Advisory Services, EY India Many 'Smart City Watchers' (a catchphrase for all those who are following India's Smart City Mission closely) may have been dismayed by the absence of even mention of core urban sector schemes in the Finance Minister's speech. They can take heart that the Union Budget FY 16-17's allocation of Rs. 7296 Cr for Smart City Mission and AMRUT finds mention in the annex, and it is just marginally higher than the previous year.
GoI's Smart City Mission and AMRUT (Atal Mission for Rejuvenation and Urban Transformation) are the two flagship schemes in the urban sector, which support creation of world-class urban environments in select cities to make them competitive, and for a larger set of cities and towns target creation of basic infrastructure services in water supply, sanitation and transport.