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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
Budget Reaction - Energy and Natural Resources - Manish Aggarwal, Head of Energy and Natural Resources, KPMG in India

Statement from Manish Aggarwal, Head of Energy and Natural Resources, KPMG in India
 
The budget speech of the FM focused extensively on supporting infrastructure but lagged in substantive reform roadmap for the ENR sector in particular over short term. The key positive takeawa... (more)
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Statement from Neeraj Bansal, Head of Real Estate and Construction, KPMG in India

Neeraj Bansal, Head of Real Estate and Construction, KPMG in India
 
“Modi Government’s first full budget is a strong statement of direction – indeed a forward looking budget with pro-growth and pro-business being the underlying themes. The infrastructure... (more)
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Statement from KPMG on Budget 2015-16

Statement from Richard Rekhy, CEO, KPMG in India
The Finance Minister has come out with a pragmatic Budget which is directionally focused at achieving growth and keeping the fiscal prudence in mind. The Focus is on Ease of Doing Business in India and increased infrastructure spend. Measures... (more)
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KPMG Statement from Pratik Jain, Partner – Indirect Tax, KPMG in India

Statement from Pratik Jain, Partner – Indirect tax, KPMG in India
 
This time the industry was expecting a ‘transformational’ budget, with a significant revamp of existing taxation framework to make it more manufacture-friendly and conducive to business. Again... (more)
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KPMG Statement on Tourism & Hospitality Sector from Jaideep Ghosh, Partner and Head of Tourism - Hospitality Sector, KPMG in India

Statement from Jaideep Ghosh, Head of Tourism and Hospitality sector, KPMG in India:
Tourism is a clear focus of the government. Currently a Tourism Vision 2030 is underway by the Ministry.
 
The proposed increase in the number of countries under the Visa on Arrival sch... (more)
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KPMG Statement on GST from Sachin Menon, CO-Tax and Head of Indirect Tax, KPMG in India

Statement from Sachin Menon, Co-Tax and Head of Indirect Tax, KPMG in India
 
"Devolution of 62% of the tax revenue to the states (including state taxes) is giant leap towards empowering states with additional funds to lead local developments. I wish this opportunity could... (more)
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KPMG Statement on Fiscal Deficit Target - Nilaya Varma, Head of Government services, KPMG in India

Statement from Nilaya Varma, Head of Government services, KPMG in India:
                                    &n... (more)
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Budget Reaction - Statement from Sachin Menon, COO- Tax and Head of Indirect tax, KPMG in India

Sachin Menon, COO- Tax and Head of Indirect tax, KPMG in India:
 
"The announcement that the much awaited GST will be introduced on 1st April 2016, will definitely rejuvenate the industry and the Administrators to expedite the preparations right earnest. The GST will make ... (more)
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KPMG Statement on Economic Survey 2014-15 from Jaijit Bhattacharya, Partner, Infrastructure & Government services, KPMG in India

It is welcome to see that the Economic survey is targeting elimination of revenue deficit and laying out a fiscal discipline wherein borrowings will be done for only capital investments.  It is also heartening to note that the economic survey believes that the worst for the economy is clearly ... (more)
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Statement from Arvind Mahajan, Head of Infrastructure and Government services, KPMG in India on Railway Budget

Mr. Arvind Mahajan, Head of Infrastructure and Government services, KPMG in India on Railway Budget announced today :
 
Suresh Prabhu’s first Budget sets the vision for transformation of Railways to become an engine of economic growth for the country and reverse years of ... (more)
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