Latest Expert Exchange Queries
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 :: articles on VAT and GST in India :: ACCOUNTING STANDARDS :: empanelment :: form 3cd :: Central Excise rule to resale the machines to a new company :: TDS :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: cpt :: due date for vat payment :: VAT Audit :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4%
 
 
« General »
  Withdrawal of Legal Tender Character of the existing Bank Notes in the denominations of ₹ 500/- and ₹ 1000/- (Updated as on November 30, 2016)
 Cases for tax scrutiny will be selected by machines
 Time to revisit 1997 direct tax rates, says P Chidambaram
 Lok Sabha passes Bill to tax black money deposits post demonetisation
 Last day to pay property tax with old notes
 Income tax department asks IDS declarants to pay tax by 30 November
 Why PM Narendra Modi must beware of the breathtaking Arthakranti tax
 Japanese firms seek easing of restrictions on funding in India
 Tax on black money: How the cookie will crumble
 Income tax officials say raids on jewellers based on 'credible intelligence' proving fruitful
 Exchange window being misused, government forced to reduce limit to Rs 2000, says Arun Jaitley

Three more partners quit PwC
April, 08th 2010

Even as the churn at professional advisory firms continues, PricewaterhouseCoopers India, the countrys largest in this space, has again seen at least three partners leave the firm to pursue growth opportunities elsewhere.

Consulting and accounting major PwC, which recently saw the exit of 17 partners, has however been on an aggressive recruitment spree as a recovering economy prompts companies to increase mandates to consulting firms for advice on future transactions, say people familiar with the development.

PwC partners Ravi Bhamidipati, Sanjay Kapadia and Partha Banerjee are the latest to have put in their papers, two months after a large group of employees from the firms tax practice resigned to follow their division head at rival firm KPMG. A PwC spokesperson confirmed the exits, adding that they were spread over five months.

Mr Bhamidipati came on board after PwC acquired ECS, formerly Eicher Consulting, in December 2008, in a transaction aimed at developing PwCs consulting business. The consulting division currently contributes about half of PwCs total revenue.

Mr Kapadia, who has left PwC to join Ernst & Young, is a chartered accountant and a law graduate with wide experience in tax, transfer pricing, restructuring and regulatory issues. He has also been actively involved in advising clients on direct tax, transfer pricing strategies and exchange control matters.

The third partner, Mr Banerjee, was part of PwCs performance improvement unit. The advisory practice of the firm has four strategic business units consulting/performance improvement, corporate finance, internal audit and government and infrastructure practice.

Being the leading professional services firm of the country, it is natural for opportunities to be presented to our team. At the same time, to meet our growth requirements, it is equally natural for bright talent to join us, which has happened at all levels, including at the level of executive directors. Currently, over a 100 executive directors look after our tax and advisory services, said the spokesperson.

PwC, which lost about 250 people in the past few months, has already hired more than 600 people. InFebruary, about 200 employees of PwC India quit the firm along with Dinesh Kanabar, after he stepped down as tax head of PwC to join rival firm KPMG as deputy CEO.

Earlier Amrish Shah, a specialist on transaction tax, and Prasad Paranjpe (indirect tax) had quit PwC to join E&Y. Mr Shah was also advising on divestments, mergers and demergers and on corporate restructuring. Prasad Paranjpe is a law graduate with 20 years of experience in advising clients on indirect taxes and litigation.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

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