KPMG in India’s GMS practice provides tax and regulatory services to help organisations manage their statutory compliances in respect of their globally mobile workforce.

For many organisations, the pressure to compete effectively has led to an increase in the size and complexity of their global workforce, placing greater demands on their international human resource teams. Managing compensation, tax compliance and global mobility is increasingly becoming costlier, more complex and time consuming.

We have a dedicated team of experienced professionals across India with extensive knowledge of various issues related to global mobility assignments.

Our key differentiators

Expatriate/personal taxation is a critical area which requires adequate planning. We aim to provide services that meet the expectations of our clients across the globe and emerge as the tax advisors of choice.

By its very nature of being personal, expatriate taxation tends to draw significant attention amongst senior executives and high net worth individuals. We recognise this fact and have worked towards meeting their expectations through:

An experienced team of professionals, with extensive experience in providing services related to global mobility management and developing tailored approaches to help improve client delivery
Placing senior team members at each location, providing guidance and support on engagements
Leveraging our global network and assisting clients across the globe
Maintaining client information as confidential
Developing in-house expertise in assisting with high end tax litigation matters.

Our service offerings

An important asset of any organisation is its human resource

Globalisation is prompting both large and small companies to look abroad for growth

In the recent past, the Indian social security regime, which includes the Provident Fund (‘PF’) scheme and pension scheme has undergone a significant change

Attracting and retaining competent professionals are challenging tasks faced by many organisations.

In the last decade, there has been a substantial increase in the number of foreign nationals (expatriates) employed with multinational corporates coming to India for short/long-term assignments

Analysis of personal income tax and residential status

The tripartite relation between employer, employee and trade unions has always been the essence of an effective organisation

The foreign exchange regulations have been liberalised over the years to facilitate the inflow and outflow of funds to and from India

Payroll is a very significant function for any organisation - after all, it determines the take home pay of employees

With increased complexity and frequently changing tax and social security laws, issuance of notifications, press releases, annual circulars and judicial pronouncements, payroll administration, finance and HR teams are under tremendous pressure to ensure proper payroll compliances

Global Mobility Services

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Driving growth with Global Mobility trends

Tax on the value of the Foreign Asset
Reconciling 26AS, AIS and TIS
EPF Scheme 2026
PF contributions, savings and take-home pay
A new era for India's social security framework
Income and tax reconciliation with 26AS, AIS, TIS
Key developments in employees’ provident fund
Implementation of labour codes
Industrial Relations (Central) 2026
Reassessing compensation design

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

A common question many taxpayers ask: Why is the tax calculated on the value of the foreign asset and not just the income linked to it?

The answer lies in the scheme's broader objective. It addresses two types of non-compliance: failure to disclose a foreign asset under the Black Money Act (BMA) and failure to report foreign income taxable in India under the Income Tax Act.

Therefore, the tax is computed on the value of the foreign asset itself, rather than only on the undisclosed income. In return, taxpayers recieve In return, taxpayers receive immunity from further tax demands, penalties and prosecution under both laws.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

Form 26AS remains a critical check for validating tax credits before filing returns. However, Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) now offer a more comprehensive view of income and transactions.

Taxpayers should reconcile 26AS with AIS, TIS, and their records to minimise discrepancies, reduce risk, and ensure smooth return processing.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

PF continues to be a strong retirement savings vehicle, offering tax advantages, attractive interest rates, and long-term financial security.
Greater flexibility in contributions does not change the need for disciplined retirement planning.
Ongoing EPFO digitisation is making claims and withdrawals simpler and faster.
Employees should understand how compensation structures are evolving and engage with HR teams to make informed decisions aligned to their financial goals.

The new framework offers more flexibility, retirement planning remains a personal choice that requires careful consideration.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

The proposed move to a broader definition of wages under the Labour Codes could increase PF contributions for both employers and employees. While this may strengthen long-term savings and tax efficiency, it could also influence monthly take-home pay and prompt a rethink of compensation structures.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

In a significant development, the Ministry of Labour and Employment has notified the Employees' Provident Fund Scheme, 2026 (‘EPF’), Employees' Pension Scheme, 2026 (‘EPS’), and Employees' Deposit-Linked Insurance Scheme, 2026 (‘EDLI’) on 29 June 2026, replacing the existing EPF Scheme, 1952, EPS, 1995, Employee Family Pension Scheme 1971 and EDLI Scheme, 1976.

What's new in these schemes?

They have been framed under the Code on Social Security, 2020 (COSS)
Aligned with the broader framework of social security / labour law reforms to provide a cohesive and modernised approac

Employers, payroll teams, compliance professionals, and HR leaders should closely review the detailed provisions to identify procedural, compliance, and operational aspects that may impact/ benefit their organisations.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

Form 26AS remains a critical check for validating tax credits before filing returns. However, Annual Information Statement (AIS) and Taxpayer Information Summary (TIS) now offer a more comprehensive view of income and transactions.

Taxpayers should reconcile 26AS with AIS, TIS, and their records to minimise discrepancies, reduce risk, and ensure smooth return processing.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

Key developments include:

Retention of the Employees’ Provident Fund wage ceiling at INR15,000 per month.
Prescription of 12% per annum simple interest on delayed payments under the Code
Revision of inspection charges for EPF-exempt establishments, while retaining charges under the Employees’ Deposit-Linked Insurance Scheme
Appointment of key EPF authorities as inspectors-cum-facilitators and recovery officers, with enhanced enforcement powers.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

After releasing the draft rules for public consultation on 30 December 2025, the Government has now notified the final rules on 8 May 2026 for all four Labour Codes post considering the comments received as a part of the public consultation process:

Code on Wages (Central) Rules, 2026
Social Security (Central) Rules, 2026
Occupational Safety, Health and Working Conditions (Central) Rules, 2026
Industrial Relations (Central) Rules, 2026

Along with the Rules, several operational aspects have also been notified, indicating progress towards full-scale implementation. This is a key development and the focus should now shift to understanding the Rules and preparing for implementation.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

After much anticipation, the Ministry of Labour & Employment has notified the Industrial Relations (Central) Rules, 2026 on 8 May 2026, bringing long-awaited operational clarity to the Industrial Relations Code, 2020.
This is a significant shift towards a more structured and digitised industrial relations ecosystem. It also means organisations will need to revisit their existing IR practices, policies, and compliance frameworks to align with the new requirements.
The focus is on transparency, documentation, and formal processes.

Parizad Sirwalla

Partner and National Head – Tax, Global Mobility Services

KPMG in India

mail

As the new FY begins, organisations are reassessing compensation design. With labour codes, income tax updates and revised perquisite rules effective from 1 April, many are reviewing payroll frameworks for FY 2026–27 with fresh rigor.

Hear from the experts

Parizad Sirwalla highlighted that the EPF Scheme 2026 is not a radical overhaul but part of India's broader labour code reforms

Watch on CNBC-TV18

Discussion on the key changes in the Income Tax Act 2025 and things to keep in mind while filing for the new financial year. The changes are accompanied by multiple procedural updates across forms and rules, which will require careful compliance recalibration

Watch on CNBC-TV18

Parizad Sirwalla shares her insights in conversation with The Core.

Watch now on The Core

Watch Parizad Sirwalla in conversation with industry experts on CNBC-TV18.

Watch now on CNBC-TV18

Parizad Sirwalla in conversation with NDTV Profit about the debate on old tax regime vs new tax regime as we enter the new fiscal year.

Watch on NDTV Profit

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