New indirect taxes: Jobs boom at top accounting firms in India and Gulf

Another expert said while the size of the indirect tax market had seen a tremendous increase, it would shrink once GST stabilises

The ‘Big Four’ multinational accounting firms have doubled the size of their indirect tax teams in this country, to cater to the sharp rise in demand arising from implementation of the goods and services tax (GST) here and introduction of value-added tax (VAT) in West Asia.

PwC India, EY, Deloitte, and KPMG have expanded the size of their indirect tax teams by 100 per cent over the past 12 to 18 months.

Rolled out from July 1 last year, GST is yet to stabilise with the rules. Rates and filing requirements are undergoing frequent changes. This is leading to exponential