KPMG India

Given the sharp rise in #taxdisputes in recent times, the need for efficient resolution mechanisms has become more urgent than ever. One viable path forward is to develop a strategic approach to #fasttrack the disposal of long-pending appeals before the Supreme Court. This would help prevent the accumulation of similar disputes in lower forums. Streamlining #taxdisputeresolution is essential to ensure a fair and effective system for all stakeholders: Naveen Gupta, KPMG India while moderating a panel comprising of tax stalwarts, Shri rajat bansal, Principal CCIT; Shri Pramod Kumar, Former Vice President, Income-Tax Appellate Tribunal; and Shri S. Ravindra Bhat, former Judge, Supreme Court of India at our Tax Dispute Resolution event held in Gurugram. #TaxReform #FutureOfTax #TaxLitigation

During the interactive discussion, we delved into the latest trends shaping the #tax landscape in India, highlighting key developments surrounding the India-Mauritius tax treaty and the complexities surrounding Permanent Establishment (PE) issues, especially in the context of #secondment of personnel. We also explored the intricacies of profit attribution to PE and examined the issues surrounding technical violations in passing of tax orders. These critical topics reflect the dynamic nature of India's tax environment and underscore the importance of staying abreast of the developments to ensure compliance and strategic business planning: Himanshu Parekh, KPMG India during the fireside chat with Mr. N Venkataraman, Additional Solicitor General of India at our Tax Dispute Resolution event held in Gurugram. #TaxReform #TaxDisputeResolution #FutureOfTax #TaxLitigation

Efficient #taxadministration and timely dispute resolution are central to #GST policy. The Government is committed to reducing areas of potential disputes through measures like clarifications, rate rationalisation, amnesty etc. This reinforces the larger vision to provide tax certainty, enhance ease of doing business, and make India an attractive avenue for exponential economic growth: Abhishek Jain, KPMG India at our 'Tax dispute resolution - Trends and beyond' event. #TaxReform #TaxDisputeResolution #FutureOfTax #TaxLitigation #taxcertainty #easeofdoingbusiness

🔊 1 day to go! In recent times, the #NBFC and #fintech sector has seen a series of regulatory reforms, with the financial regulator overseeing and tightening the regulatory framework. ✴️ KPMG India's upcoming '𝐑𝐨𝐮𝐧𝐝𝐭𝐚𝐛𝐥𝐞 𝐰𝐢𝐭𝐡 𝐍𝐁𝐅𝐂𝐬 𝐚𝐧𝐝 𝐟𝐢𝐧𝐭𝐞𝐜𝐡𝐬' aims to bring together CROs, CCOs, Tax and Finance heads for an opportunity to share experiences, discuss emerging trends and strengthen our collective connections. Watch this space for more! 🔖 Tuesday, 18 March 2025 📍 KPMG in India office, Gurugram 🕟 4:30 p.m. onwards Preeti Saharan | Sachin Bhatia

𝐊𝐏𝐌𝐆 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐂𝐅𝐎 𝐦𝐞𝐞𝐭 | 𝐓𝐡𝐞 𝐯𝐢𝐞𝐰 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐂𝐅𝐎 𝐬𝐮𝐢𝐭𝐞 The #insurance sector stands at a critical inflection point as global regulatory pressures, technology transformation, and evolving market expectations converge to reshape the industry. At our recent Insurance CFO Meet, industry leaders explored how finance functions are evolving from transaction processors to strategic advisors. Key themes discussed included: 🔹 Global insurance industry trends and technology in finance 🔹 Tax and regulatory developments including Income tax bill, Budget 2025 and IFSC opportunities 🔹 Practical approaches to IFRS/Ind AS implementation In today's insurance landscape, CFOs must balance compliance requirements with strategic priorities. This forum represents our commitment to creating spaces where finance leaders can exchange insights, discuss common challenges, and collaboratively shape the future of insurance finance: Manoj Kumar Vijai, KPMG India. The discussion reinforced that effective finance transformation requires not just technological investment, but also strategic vision, process redesign, and talent development to deliver meaningful business impact. #InsuranceCFOMeet #FinanceTransformation #IFRS17 #InsuranceIndustry #LeadershipInsights

❓ Are you a #finance professional and want to upskill as a global accountant? Enroll for KPMG India's US Certified Public Accountant (CPA) Test Preparation Course powered by Gleim Publications Inc. 📑 Batches begin 10 April 2025 onwards. Visit 🔗 https://social.kpmg/6bbb6w #USCPA

#IncomeTaxBill2025 is an important step towards “#ViksitBharat 2047”. While it takes care of its objectives around simplification which can help in minimising future #litigation, but doesn’t include any transformational changes on settlement of past #disputes. This area requires a relook before the Bill is finalised: Gaurav Mehndiratta, KPMG India at our 'Tax dispute resolution - Trends and beyond' event. #TaxReform #TaxDisputeResolution #FutureOfTax #TaxLitigation

As organisations embark on their #AI transformation journeys, #tech execs are at the forefront of navigating this complex and evolving landscape. In order to go beyond the hype and harness the potential of AI while balancing speed, risk, and value, they should focus on five key areas! Read on for more insights https://social.kpmg/4ywko2 #techreport #AItransformation #technology

In an #AI-dominated business environment, the foundational principles of #cybersecurity are even more critical. Modern, robust cybersecurity has become a key requirement for success as threats and costly attacks proliferate. Today’s CISOs should embrace modern digital capabilities that can help them navigate emerging complexities and maintain a resilient future. Read on for more insights in KPMG's Cybersecurity considerations 2025 https://social.kpmg/8eantp #KPMGCyber

It was my honour and privilege to present and share my views in an Event “Focus India : A Gateway to Growth” organised by the Embassy of India in Spain in Madrid along with our Ambassador to Spain Shri Dinesh Patnaik Ji and my colleague Partner Lata Daswani. With an overwhelming attendance of 100+ Spanish clients and our discussions with them clearly resonated India’s rising stature in the Global scheme of things and the interest of Spanish companies in investing in India. The Spanish companies were particularly excited to hear about the incentives (in terms of capital subsidies, turnover subsidy, GST refunds, etc) that they could explore from the Central and State Governments for any investment in India in a manufacturing set up or a Global Capability Centre. Look forward to enhanced business cooperation and investment opportunities between India and Spain #InvestInIndia #IndiaSpain #GlobalBusiness #EconomicGrowth #Madrid #IndiaInvestment