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Budget expectations 2026: Deloitte pitches parity rules, compliance clarity to scale IFSC GIFT City as global BFSI hub

With global banks, broker-dealers and capital markets players weighing India as an offshore financial base, Deloitte has urged the government to use Budget 2026 to have parity rulesa among players, remove tax asymmetries and compliance frictions that are limiting the scale-up of IFSC GIFT City as a full-service international BFSI hub.According to Deloitte, the International…

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Deloitte is changing job titles for thousands of its employees in the US; says: Starting in June, roles titled …

Deloitte is reportedly doing a major workforce shakeup. Deloitte has announced a major shake-up to its workforce structure. As reported by Business Insider, the company has revealed that it will change job titles for all its 181,500 US employees starting June 1, 2026. The Big Four consulting firm shared its plan in an internal presentation…

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Budget 2026: MSME exports need credit push; Deloitte seeks funding for critical minerals

Deloitte India has urged the government to use the FY27 Budget to strengthen India’s trade resilience by expanding export credit and concessional financing for MSMEs, while also earmarking funds for exploration and overseas access to critical minerals, according to its Budget expectations released on Friday .Highlighting the central role of small enterprises in the economy,…

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Budget 2026 expectations: Deloitte calls for customs duty overhaul; seeks higher allocations for exports

Rationalising import duties and stepping up budgetary allocations in the upcoming Union Budget could give a strong push to domestic manufacturing and exports, Deloitte India said on Tuesday.The consulting firm said the Budget for 2026-27, which is scheduled to be presented on February 1, should build on the government’s ongoing efforts to strengthen manufacturing at…

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Family enterprise growth: 50% of Indian firms post $1–30 billion annual revenues as AI adoption rises, says Deloitte

Nearly half of India’s family-owned enterprises now report annual revenues between USD 1 billion and USD 30 billion, with 36% alone in the USD 1–5 billion band, according to Deloitte Private’s latest Family Business Insights Series: Defining the family business landscape, 2025, ANI reported.The report—based on a survey of 1,587 family businesses across 36 countries,…

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Deloitte to refund Australian government $290,000 after making ‘AI mistake’

Deloitte will provide a partial refund to the Australian federal government after errors were discovered in a report it produced. In August this year, Australian Financial Review (AFR) reported multiple errors in the report which also included the use of generative artificial intelligence (AI). The report, commissioned by the Department of Employment and Workplace Relations…

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