Corporate and International Tax

    In an increasingly globalised economy, characterized by complex international regulations, evolving tax policies, and heightened enforcement by tax authorities, staying abreast of the business implications is key
    Serious concentrated hispanic businessman financier on paperwork inside office, man in business suit at workplace reviewing and reading papers, contracts and accounts reports

    India’s growing investment attractiveness has opened a plethora of opportunities for multinationals across the world to establish themselves in India

    With this, it has become imperative for corporates to understand the implications of the tax and regulatory policies and reforms in India. Further, with Indian business houses increasing their footprints by investing/ expanding in overseas jurisdictions, the importance of cross-border taxation and regulatory framework has increased considerably.

    KPMG in India’s Corporate & International Tax (‘CIT’) team comprises dedicated tax professionals with in-depth technical knowledge and practical experience. Our tax professionals assist clients in resolving continuous challenges, provide insights that meet the clients’ business needs, and mitigate potential tax litigation in India. 

     For some important updates from CIT standpoint, please refer to:

    Corporate Tax Updates

    The following recent developments require corporate houses to gear up for the continuously changing tax landscape.

    Tax

    Corporate tax (R&D)

    KPMG in India provides assistance to its clients in claiming the R&D tax incentives by providing services

    Corporate tax advisory

    The ever-evolving tax landscape has had a profound impact on all industries

    Corporate tax and regulatory compliance

    With the introduction of faceless assessment scheme, there has been a paradigm shift in the way in which the tax assessments were done in India

    Foreign exchange regulations

    The foreign exchange regulations have been liberalised over the years

    Inbound Investment Structuring

    Since 1991, the regulatory environment in terms of foreign investments has been consistently eased to make it investor-friendly

    Outbound Investment Structuring

    The Indian regulations permit outbound investments from India into overseas companies, branch offices, joint ventures, etc.

    Tax Proceedings

    Given the regulatory labyrinth that taxpayers often face

    Tax Litigation

    Given the legal labyrinth that taxpayers often face, a judicious cost-benefit analysis is imperative in deciding

    Corporate Tax technology solutions

    Corporate Tax technology solutions
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    Videos

    Himanshu Parekh on Income Tax Bill 2025

    The Income Tax Bill 2025 consolidates TDS provisions into one table, specifying rates for different transaction categories.

    Himanshu Parekh on Budget 2025

    Understanding the Budget 2025 tax slabs: Exemptions, savings & economic impact.

    India Insights

    Our insights is your gateway to thought leadership and in-depth reports. Explore our curated collection of valuable content, where we delve into complex business challenges, share industry trends, and provide actionable insights.

    New Income Tax Bill, 2025: Is it a Zero-Sum Game?

    The New Income Tax Bill 2025 aims to simplify tax laws in India, focusing on simplifying language, reducing litigation and compliance

    Simplify assessment

    The government will have to strike a balance between mobilising tax revenue and simplifying the Act

    Key expectations from Union Budget 2025

    Indian and foreign MNCs keenly anticipate policy reforms and incentives that the government may introduce to stimulate economic growth, enhance the ease of doing business and align India with the evolving global tax landscape

    Recent developments on OECD Pillar One & Two norms and Article 12B of UN Model Convention

    New norms by OECD and United Nations will affect how businesses operate globally, and Indian MNEs to start preparing for their implementation

    BEPS 2.0: state of play

    KPMG Global Tax & Legal | 14 June 2024.

    Tax Policy

    Timely perspectives on the latest tax developments globally

    BEPS 2.0: Pillar One and Pillar Two

    Insights and perspectives into BEPS 2.0

    BEPS 2.0 Model

    A proprietary modeling tool powered by KPMG Digital Gateway.

    Global tax reboot

    Geopolitics, tax policy and society in flux

    Tax Insights

    Navigate the future of tax: pressing business issues and opportunities facing tax and business leaders today.

    Key Contact

    Himanshu Parekh

    Partner and Head of Tax (West)

    KPMG in India

    Gaurav Mehndiratta

    Partner and National Head, Corporate and International Tax

    KPMG in India

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