Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: empanelment :: list of goods taxed at 4% :: due date for vat payment :: form 3cd :: cpt :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARD :: articles on VAT and GST in India
 
 
« News Headlines »
 Income-tax (21st Amendment) Rules, 2017
 Deadline for filing income tax return nears; here are 10 common mistakes that you must avoid
 All you need to know about form 26AS
 How to file income tax return?
 7 changes that affect income tax return filing this year
 How To File Income Tax Return (ITR) Online For FY2016-17? Last Date July 31
 Last date for filing income tax return approaches: What is Form 26AS? How it can help you claim refunds
 Income Tax department to launch mobile app to make life easy for taxpayers
 6 things to remember while filing your income tax return
 Want to save on tax? Here are deductions you can use while filing ITR
 July 31 Is Last Date For Filing Tax Return. Why Form 26AS Has To Be Checked

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 2017 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