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KPMG in India and CII Bring Together Experts for a Panel Discussion on the Latest Tax Policy Updates

Dec 12, 2014   17:38 IST 
Ahmedabad, Gujarat, India

KPMG in India in association with CII today organised an event which aimed at providing a ‘CFO’s Perspective’ on recent tax policy updates.


The presentation at the event focused on the recent issues and challenges faced by the industry in the area of tax policy. The keynote speaker at the event was Mr. K R Meghwal, IRS, Commissioner of Income Tax – 4, Ahmedabad. In addition, the session was graced by speakers from the industry, judiciary and experts from KPMG in India.


Present at the event Girish Vanvari, Co-Head of Tax, KPMG in India said “the number of changes happening in the tax and regulatory field are unparallel across the world including in India.  It is very important to understand the threats and the opportunities these changes create on businesses. Further it will be interesting to see as to how many more bold changes will be implemented ahead like implementing of GST, further liberalization of FDI policy, deferment of GAAR, undoing of retrospective amendments and implementing of BEPS”.


The half day deliberations dwelled upon issues and challenges related to M&A tax, indirect tax and Goods and Services Tax (GST). The forum also touched upon the latest developments in transfer pricing and APA, along with practices that can be adopted by industries.


According to Punit Shah, Head –West, KPMG in India, “Recent tax developments present exciting opportunities for the consulting organisations. The event comes at a time when KPMG in India’s Ahmedabad team is looking at expanding their presence in the Gujarat region. The Tax practice at KPMG’s Ahmedabad office is young and fast-growing and works with almost all the big corporate houses in Ahmedabad and the Gujarat region.”


The event was well-attended by eminent speakers from the industry, regulators and KPMG in India.


About KPMG

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‐focused 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.


About CII

The Confederation of Indian Industry (CII) works to create and sustain an environment conducive to the development of India, partnering industry, government, and civil society, through advisory and consultative processes.

CII is a non-government, not-for-profit, industry-led and industry-managed organisation, playing a proactive role in India's development process. Founded in 1895, India's premier business association has over 7200 members, from the private as well as public sectors, including SMEs and MNCs, and an indirect membership of over 100,000 enterprises from around 242 national and regional sectoral industry bodies.



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Anish Charles

Manager– Marketing & Communication

KPMG in India



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Senior Image Manager

Perfect Relations Ltd.


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