Tax Flash News

Tax Flash News
Tax laws in India are subject to interpretation by judicial authorities, and changes by way of amendments to the statute. Flash News enables you to stay abreast of the latest developments.
Disallowance of statutory liabilities under Section 43B is to be made even though income has been offered under presumptive provisions of Section 44AF of the Income-tax Act7/2/2015
Disallowance under Section 40(a)(ia) of the Income-tax Act, 1961 – Law is evolving7/1/2015
India signs one of the first APAs in the IT – ITES industry6/30/2015
Net consideration of sale of shares and not the amount of indexed long-term capital gain is to be taken into account while computing book profit under the provisions of MAT6/30/2015
Offshore sale of equipment is not taxable in India. Sale of designs and drawings for setting up a plant does not result into royalty income in India6/26/2015
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 Tax and Regulatory 

Enhancing a shareholder's value is a fundamental concept which drives every management effort in the modern business environment. Progressive and bottom-line focussed managements have realized that taxes (both direct and indirect, domestic and international), should be viewed as a dynamic item of cost rather than a passive charge on the profits.

Indeed, an effective tax-cost management provides a distinct competitive advantage. This requires the application of appropriate tax strategies proactively identified and surgically implemented.


We have developed a total tax management capability which encompasses the entire spectrum of direct, indirect and personal taxes. Our approach to tax planning is multi-jurisdictional. We, together with other member firm's offices spread across the globe, can provide quality national and international tax advice.


Our professionals are drawn from a wide variety of backgrounds. Industry specialization, service line specialization, international exposure and advanced training equips them to work with our clients and be their advisors in a wide spectrum of their business processes.


Webinar - Companies Act 2013

Webinar - Companies Act 2013
KPMG in India had organized a Webinar on 03 October 2013 to help you get a better understanding of the Companies Act 2013. Click the link above to view the recording of the webinar.