Parizad Sirwalla

From a change in the definition of long-term with respect to immovable property to the introduction of tax deducted at source (TDS) if you are paying rent over a certain amount to measures which were aimed at boosting affordable housing, real estate was definitely a focus area for Finance Minister, Arun Jaitley.

Budget restricts tax benefit on second house to Rs 2 lakh

Tax benefit on loan repayment of second house will be restricted to Rs 2 lakh per annum, Finance Bill 2017 has proposed, a move that may hit hard those making big savings so far as there have been no limits on set off from such property.

Budget 2017: Do we expect an overhaul of personal income tax rates and slabs?

On a comparison of income threshold and peak rate of a few countries, it is observed that the income threshold considered for peak rate as well as the maximum tax rate in India is on the higher side.

Here's all you need to know about tax filing

It is tax season and the deadline to file the tax is here. Money Money Money discusses last minute tax check-list for all those last minute folks who are yet to complete the task. Parizad Sirwala, Partner, KPMG and Harsh Roongta, Financial Planning Expert discusses tax planning.

Money Money Money decodes the new tax regime governing EPF & NPS

Watch the interview of Parizad Sirwalla, Partner Tax, KPMG India and Investment Planning Expert Garav Mashruwala with Surabhi Upadhyay on CNBC-TV18, in which they tried to decode the new tax regime that will govern EPF and NPS and in turn your life's retirement savings.

Budget 2016: Taxation of house property income should be relooked at: KPMG

House property income need more tax exemption. In Budget 2015 there was a marginal hike. However, the hike is not adequate.

PFRDA asks govt to give tax incentive, expand pension cover

"Right now purchase of annuity attracts service tax so we have requested the government to do away with that, these are the two things we have asked the government to consider in the budget proposal", Contractor told reporters on the sidelines of the launch of a report on pension system by FICCI and KPMG.

Here's your tax planning guide for 2015

The year is almost over and you can no longer avoid planning your tax savings. It‘s the last window to plan your investments and our two experts Parizad Sirwalla of KPMG India and Harshvardhan Roongta of Roongta Securities will arm you with everything you need to know.

Income Tax: How Budget 2012-13 will affect your finances

By Parizad Sirwalla, Partner, Tax and Regulatory at KPMG.

Budget Expectations: Need to realign deduction limit on self-occupied property

The Budget is eagerly awaited by all, from ministers, industrialists to Aam Admi. Though the focus of Budget are things like expenditure towards education, health services, infrastructure, etc. Aam Admi is more interested in knowing will his disposable income increase or not. Let’s look at some of the expectations of the Aam Admi.

Reverse Mortgage Loan: An innovative retirement solution

Four socio-economic and demographic trends are clearly discernible in India. At the societal level, the intergenerational contract is changing and with more and more neutral families, some children no longer feel the obligation to care for their parents.

NPS: The potential game changer in retirement security

Across the globe, providing income security to the country’s retired population has always been a challenge for governments.

Private Provident Fund Trusts: Issues and Challenges

In 1952, the Indian Government introduced a mandatory savings scheme for non-government employees known as Employees’ Provident Funds Scheme (‘EPFS’). In this scheme, employees and their employers are required to make a contribution to the Employees’ Provident Fund.