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KPMG in India is the Indian member firm of KPMG International and was established in September 1993. It strives to provide rapid, performance‐based, industry‐focussed and technology‐enabled services, which reflect a shared knowledge of global and local industries and its experience of the Indian business environment. KPMG provides services to over 4,500 international and national clients in India and has offices in Mumbai, NCR, Bengaluru, Chennai, Hyderabad, Kolkata, Chandigarh, Ahmedabad, Pune and Kochi. KPMG International is a global network of firms providing professional services. We have 155,000 outstanding professionals working together to deliver value in 155 countries worldwide. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Each KPMG member firm is a legally distinct and separate entity and describes itself as such. www.kpmg.com/in
 Recent press releases
Mobile Banking Users in India Account for over 50 per cent of its Population Today, According to Research by KPMG and UBS

India has the youngest population of mobile banking users across the globe at a median age of 30, as opposed to 32 in the U.S. and 39 in Europe
Banks are increasingly adopting ‘mobile first’ strategy
Large banks are already acquiring technology start-ups to keep up... (more)
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Corporate India’s High Level of Awareness, Yet to Translate into Action on the Ground on Implementing Ind-AS Standards, According to KPMG India ‘Ind-AS Pulse – Transition Readiness Survey’

Only 17% of the total respondents have completed an impact assessment, while 54% of the total respondents are yet to start
63% of the total respondents want voluntary adoption of IFRS to be permitted
61 per cent of all respondents and 91 per cent of listed company respondents ... (more)
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Quote from KPMG on GST Bill Passed in Lok Sabha

Santosh Dalvi, Partner - Indirect Tax, KPMG in India:
“It is indeed a great milestone to achieve as it has happened after a decade of efforts by all concerned. Thank you to all the legislators who voted for this. Hopefully, the bill is passed in the upper house in this session of pa... (more)
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Maharashtra to Focus on Affordable Homes

New housing policy will be pro-people, says CM Fadnavis
Govt plans one-room-kitchen homes too
NAREDCO Conclave helps focus on burning issue                                       &nbs... (more)
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KPMG: Under Pressure - Economics of Liquefied Natural Gas (LNG) Projects

The liquefied natural gas (LNG) industry is facing massive challenges in today's unprecedented wave of expansion. LNG developers are facing the challenges of lower oil and gas prices, and consequent reductions in capital expenditure, along with more remote and challenging projects. And, accordi... (more)
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Construction Project Failures Weigh on Industry Despite Advances in Planning and Controls, Finds KPMG Survey

Project owners say fewer than one-third of projects completed on time and on budget
Talent shortages are a challenge, with continued demand for external resources
Push towards greater project owner/contractor collaboration
Owners confident in their project planning ... (more)
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KPMG Announces New Strategic Collaboration with Microsoft

KPMG today announced an expansion of its strategic relationship with Microsoft to include a global collaboration to jointly deliver new suites of innovative solutions and services in data and analytics (D&A), cloud compliance and transformation, and business solutions. The collaboration signals... (more)
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KPMG Launches New Guide for Green Bond Issuers

KPMG today published a paper aimed at helping private and public sector organizations to overcome challenges commonly experienced when issuing green bonds.
The paper – Gearing up for Green Bonds – is published as part of KPMG’s Sustainable Insight series. It addresses five... (more)
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Statement from Rohan Phatarphekar, Head of Transfer Pricing, KPMG in India on Advance Pricing Agreement (APA) Rollback Rules

The Government has announced the most awaited Advance Pricing Agreement (APA) rollback rules. The APAs can now be rolled-back for a period of 4 previous years provided the same international transactions are sought to be covered and the impact of roll-back does not result into reducing of income or... (more)
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Statement from Rajat Wahi, Partner and Head of Retail Sector, KPMG in India on Budget 2015-16

Statement from Rajat Wahi, Partner and Head of Retail sector, KPMG in India
The Union Budget 2015–16 envisages a balanced and long-term economic and industrial growth for India. With positive consumer sentiments and softening inflation, budget announcements on GST, revision of excis... (more)
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