Lakshmi Sankar

Lakshmi Sankar is a Chartered Accountant with around 11 years experience in assisting clients navigate Indian tax & regulatory challenges. He has worked with Indian promoters & MNEs from Middle East & western world, build their business in India and is currently focusing on dealing with the Government at the Centre State level, on emerging fiscal policies with specific context to financial sector reforms. He is currently working in the capacity of Associate Director- Financial Sector with the firm.

He has been involved in establishing financial undertakings in India for large foreign banks, foreign venture capital investors and helping promoters/ Indian conglomerates to set up financial service business, navigate acquisition opportunities, create structure that unlock and preserve value creation.

He has extensively worked on engagements/ projects cutting across the financial services spectrum of FinTech, family offices, estate planning, banks, NBFC, peer to peer lending platforms and insurance players. He has successfully helped start-ups and their promoters by exploring the expansion opportunities in India & globally and holds significant experience in advising clients in the areas of transaction advisory, fund structuring, inbound investment advisory, corporate & international tax.

Lakshmi Sankar has worked on tax dispute resolution certainty initiatives including focused discussions with CIT & need based advocacy with the CBDT, Ministry of Finance. He has assisted clients in obtaining complex regulatory approvals with the key arms of the Govt including RBI, DIPP, SEZ.

Nischal S Arora

Nischal is a specialist in the Regulatory Domain comprising Foreign Investment Policy & Sectoral framework, Exchange Control and Corporate Laws.

In his career spanning over 13 years in the Big 4, he has been providing complex regulatory advisory services including Inbound Investment Structuring and Implementation Support Services for clients across sectors. He has assisted numerous foreign companies in setting up their Indian businesses under both regulated and automatic route sectors.

Nischal’s area of expertise revolves around assisting companies in obtaining licenses & permissions across Government ministries.

Prior to his previous stint with Hindustan Times Media as the Portfolio Head, he worked with PwC for over 9 years and earlier with KPMG (& BMR) for 3 years.

A Chartered Accountant by Qualification, Nischal holds a degree in B. Com (Hons) from Delhi University and law from CCS University. He is currently working in the capacity of Director- FEMA/ Exchange Control with the firm.

Related Articles

Meenu Wadhawan

Meenu Wadhawan is an Associate Director in International taxation and Transfer Pricing practice of Nangia & Co LLP. She possesses over 10 years of rich experience of handling International taxation and Transfer Pricing matters of inbound and outbound multinational clients across a range of industries such as retail, media and entertainment, industrial goods, software and ITES, telecom, automobiles, infrastructure, oil & gas, EPC, financial sector, and many more. Since 2008, she has been involved in various transfer pricing assignments, including transfer pricing planning and global transfer pricing documentation, transfer pricing policy setting, Business Restructuring, transfer pricing structuring, transfer pricing valuations including intangible valuations, Profit attribution analyses, Fin 48 analysis, strategizing and implementing global cross charge mechanism, advisory for inter-company price setting of financial transactions, etc.

She has extensive experience in assisting multi-nationals resolve complex transfer pricing disputes at almost all appellate forums and has also assisted various multi-nationals in resolving disputes through the Mutual Agreement Procedure and APA proceedings.

Prior to Nangia & Co LLP, she was an Associate Director in PwC and has also worked in General Electric’s in-house Transfer Pricing team. She holds Masters in Business Economics and Bachelor in Business Studies degrees from Delhi University.

Vibha Jain

Vibha Jain is Associate Director in the firm, having work experience of more than 12 years with skills and specialisation in Accounts, Audit, Fund Management, Strategic Management, Credit Risk Assessment, Loan and Financing.

She has been associated with M/s H.C. Sogani & Co. as a partner. With the prime focus on industry outlook, growth drivers, business models, identification of business risks, analysis of financial statements. Experience across industries including dairy and Milk Products, Retail Chains, Automobile, Government Companies, Auto Parts and Ancillary, Real Estate, Information Technology, Security Solutions, E-Commerce etc. She has also served as Class 1 Group A Officer for a period of 5 years with Delhi Government Undertaking.

She has been associated with Institutions as a visiting faculty, for General Management and Communication Skills (GMCS) Institute of Chartered Accountants of India – Delhi and Gurgaon Chapter. Have also delivered lectures as Guest Faculty at Management Colleges in Delhi NCR.