Generating sufficient revenues helps countries meet the basic needs of their citizens and businesses, yet many face steep challenges in collecting taxes due to avoidance and evasion. How can countries tackle this issue? Our recent paper highlights the importance of.
New Delhi [India], March 7 (ANI/Mediawire): The curtain raiser for the KPMG ESG Conclave and Awards 2023 brought together some of the best minds in the industry to discuss the way forward for India Inc. on ESG KPMG India CEO's View Disclosure would be key for companies - On the need to address SEBI regulations One needs to embrace this with a long-term horizon and start making disclosures in its true spirit, rather than just in form. It is an evolutionary journey, and companies should assess where they stand now and where they want to get to, in the medium to long-term and develop a clear roadmap. Considering these are public disclosures, there needs to be focus on rigour and quality of reporting. - On regulators should be cautious about disclosures One will have to be proactive to enhance the quality and consistency of disclosures to mitigate the concerns around greenwashing. Mandating assurance is a good step in this direction. For the industry, one will have to anticipate and be
Tax policy took an uncertain turn with two federal budgets and a change of government in Canberra. We emerged from 2021 with high hopes for a better year but for those who were confident that the rec