Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
Popular Search: ACCOUNTING STANDARD :: VAT RATES :: due date for vat payment :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: empanelment :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: form 3cd :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company
« News Headlines »
 How to file income tax returns online without having Form 16 in 10 simple steps
 Deadline For Filing Income Tax Return (ITR) Is Just 11 Days Away: 10 Latest Details To Know
  10 incomes you need not pay any tax on
 How To File Income Tax Returns In Three Steps By March 31, 2018
 10 things about income tax every taxpayer should know
 What to do if your TDS is not deposited with the government
 What if you forget to verify your Income Tax return?
 TDS on rent and other tax tasks to complete before March 31
 5 income tax changes which will come into effect from April 1, 2018
 Why you shouldn't be a last-minute tax filer
 How to calculate income tax for this assessment year on Moneycontrol

KPMG to add 2,000 more employees in India by 10
April, 15th 2008

Global advisory major KPMG plans to raise its India employee count to 5,000 by 2010, underscoring the firms expectations from India, which has recently seen heightened activity in the industry. The Indian unit currently has about 3,000 employees.

We are the youngest in India among the Big Four and have been growing at 40% every year. We will increase our investments in all our businesses (tax, advisory and audit) including our employee base, KPMG International chairman Tim Flynn told ET. The Big Four also includes PriceWaterhouseCoopers, Deloitte and Ernst & Young.

The chairman of the Netherlands-based global accounting firm is on a three-day trip to the city in connection with its annual meeting focused on trends that impact global economy.

Recently, Deloitte also announced that it plans to increase its employee headcount to 12,000 people from 7,500, by 2010. The increase in hiring is in line with the growing demand for trained professionals. The trend is also picking up as India gears up to meet the deadline for adopting the International Financial Reporting Standards (IFRS) by 2011.

The Institute of Chartered Accountants of India-stipulated deadline is for listed entities as India joins 102 countries, which requires use of IFRS. By 2011, the number is expected to reach 150 countries, including China.

KPMG India, which has advised a number of Indian companies on overseas transactions including mergers and acquisitions, sees tax and advisory as major growth drivers. It isnt as if audit is not growing, but the growth in advisory and tax is significant, said India CEO Russell Parera.

The advisory business includes services such as advice and assistance to companies to manage risks and improve performance. Referring to the recent forex derivative losses that some Indian companies suffered, Mr Parera said the volume of such sales has come down sharply. Everybody today is careful of such transactions, although unwinding previous positions will take some time.

KPMG India has helped local companies go overseas in Chile, the US, Africa, the UK and in China by either assisting in international transactions or also in identifying target companies.

The accounting and advisory major recently also came out with a report that cited passive systems in Indian companies as being perfect breeding places for corporate fraud. India is perceived as a fraud haven, according to over 75% respondents in a KPMG survey.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Work Flow Workflow Software Software Automation Workflow automation Software Design Workflow Design Business Work Flow Workflow automation tools

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions