Banking and Financial Services Tax (BFSI)

KPMG in India’s Banking, Financial Services and Insurance (BFSI) team caters to clients in the BFSI space such as banks, non-banking finance companies (NBFCs), insurance/reinsurance companies, foreign portfolio investors, stock-brokers, mutual funds, asset management companies, etc. The team consist of professionals from wide variety of backgrounds with deep knowledge and experience.

We provide a wide range of services including tax and regulatory compliance, regulatory approval assistance, advisory and litigation support. BFSI Tax Team has also been leading advocacy initiatives before the India’s apex tax administering authority i.e. Central Board of Direct Taxes (CBDT).

Our BFSI practice is focused on finding opportunities and leveraging them to the advantage of clients through tailored and progressive approaches. The practice has been built upon complementary components of industry/sector knowledge, multifaceted tools and the ability to deliver services locally and globally.

The team has extensive experience in providing a wide range of tax and regulatory services to multinational companies in the financial services sector. We have senior advisors on board who in the past have worked with regulators/revenue department, providing valuable perspective.