India-Based GCCs Emerge as Global Nerve Centres for Complex Tax Operations: Deloitte Report
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India’s Global Capability Centres Are Now Powering Tax Strategy Worldwide India is fast becoming the epicentre for complex global tax operations , with multinational corporations (MNCs) increasingly relying on their India-based Global Capability Centres (GCCs) to run high-value and knowledge-driven tax functions. This trend is highlighted in a newly released whitepaper by Deloitte India , titled Transforming Global Tax Functions: The GCC Advantage . According to the report, India-based GCCs have matured beyond their traditional back-office roles . They now play a strategic role in managing global tax functions , covering a wide range of areas including corporate tax, indirect tax, transfer pricing, tax litigation , and digital tax transformation. GCCs: Becoming Strategic Tax Hubs The whitepaper, authored by Manisha Gupta, Partner at Deloitte India , underlines how India's GCC ecosystem offers a unique combination of talent, technology, and cost advantage , enabling MNCs to ...