Different segments of the financial services sector, such as banking, capital markets, insurance or asset management are all set to grow in the next few years. While the government, industry leaders and the regulators are working on building sustainable banking and para banking systems, global disturbances will compel the sector to remain focussed inwards. Foreign institutional investors in the primary and secondary markets are back in business. Large players are looking at investing and setting up business presence in India.
Indirect taxes pervade every area of a company’s business. Their impact on material and product costs, cash flow, profitability and, ultimately, on shareholder value is an important element to stay ahead in competition.
Mergers and Acquisitions
In today’s globally connected world, companies want an effective way to boost their business operations. Companies are seeing acquisitions and consolidation as a quick and effective growth strategy. Whatever type of transaction you are contemplating—an acquisition, disposition, merger, joint venture, IPO, restructuring or refinancing—your tax obligations must be carefully assessed and your cash flows optimised. PwC’s extensive global network of M&A tax and regulatory practice endeavors to combine its rich international experience and expertise in domestic laws and regulations to devise innovative structures for M&A. Our tailored approach to your transaction will provide you with the right balance of functional, regional and industry expertise on each transaction.
Tax Controversy and Dispute Resolution
Tax litigation in India requires a comprehensive approach involving people with sound understanding of law and tactful handling at appellate fora. PwC India has a dedicated team of specialists to offer effective, practical solutions to clients focussed on managing/resolving income tax disputes.