PricewaterhouseCoopers wins the “India Tax Firm of the Year” Award

NEW DELHI, 27 November 2007 – PricewaterhouseCoopers (PwC) has been named "India Tax Firm of the Year" by International Tax Review (ITR). The awards were presented to Dinesh Kanabar, tax leader and Shyamal Mukherjee, deputy tax leader of the PwC India firm, at the ITR Asia Tax Awards Ceremony in Hong Kong, on 26 November 2007.

Speaking on the occasion Dinesh said, "We are delighted to receive this award. It is a reflection of the successful merger of RSM with PwC, and of the team having leveraged the synergies to grow and excel in the fast growing Indian market place.” He added, “Clients require innovative solutions and proactive responses, supported by in-depth understanding of their business processes. We recognize these aspects and provide technical tax advice along with new perspectives and global best practices.”

With over 4500 employees in India, PwC is the largest professional services firm in the country. Its tax practice alone has 44 Partners and over 900 employees.

Shyamal Mukherjee commented, “The award is an opportune time to thank our clients and employees for their support. It is indeed gratifying that we are recognised amongst the best in the industry. We will continue to strive towards being the choice firm for tax advice by businesses, and attracting the best talent in the country”,

PwC also won the "Asia Tax Firm of the Year” along with host of other awards including the Tax Firm of the year award in China and South Korea, the Transfer Pricing Tax Firm of the Year for Thailand, and the Editors Special Tax Contribution Award. The awards, launched by ITR, a world-renowned magazine focusing on international tax strategy, resulted in leading firms from over 10 Asian countries competing in various categories. These awards recognise PwC's depth of specialised resources and experience in the tax and regulatory services domain.

As a global market leader for tax services, PwC assists businesses and organisations with tax strategy, planning and compliance. The firm also delivers a wide range of business advisory services with dedicated professionals to support clients both locally and globally.

In August 2007, International Tax Review sent submission forms to law firms and tax advisory firms, asking them to send a minimum of three examples each of their best work in tax transactions, litigation and transfer pricing for the period from July 31 2006 to July 31 2007.

International Tax Review's editorial staff considered these submissions and the information obtained through face-to-face and telephone interviews with tax directors, as well as peer interviews, for World Tax 2008, to compile shortlists and choose winners for each of the country and regional awards.

These awards represent the opinions of the magazine on the leading tax advisers in the Asia based on their work between July 2006 and July 2007.


PricewaterhouseCoopers Pvt. Ltd. (www.pwc.com/India) provides industry - focused tax and advisory services to build public trust and enhance value for its clients and their stakeholders. PwC professionals work collaboratively using connected thinking to develop fresh perspectives and practical advice.

Complementing our depth of industry expertise and breadth of skills is our sound knowledge of the local business environment in India. PricewaterhouseCoopers is committed to working with our clients to deliver the solutions that help them take on the challenges of the ever-changing business environment.

PwC has offices in Bangalore, Bhubaneshwar, Chennai, Gurgaon, Hyderabad, Kolkata, Mumbai, New Delhi and Pune.

“PricewaterhouseCoopers”, a registered trademark, refers to PricewaterhouseCoopers Private Limited (a limited company in India) or, as the context requires, other member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.

The name PricewaterhouseCoopers is one word, with uppercase P, uppercase C, and all other letters in lower case.