Punit Daftary
APAC Tax Manager at Rippling
- Role
- Apac Tax Manager at Rippling
- Location
- Bengaluru, KA, IN
- LinkedIn followers
- 500 followers
About Punit Daftary
Work Summary:• Chartered Accountant with 13 years of work experience (advisory and compliance) in Corporate India Direct Taxes and Mergers & Acquisitions, India Tax. • Advise on a large multinational pharma deal in terms of conceptualizing IP holding jurisdictions across Europe (Swiss, Luxembourg, Netherlands), UK and South East Asia (Singapore)- evaluating parameters like corporate tax rates, benefits/ incentives available, tax amortization, withholding tax etc.• Advised on tax advisory and structuring assignments; advice on externalization of shareholding, advise from India withholding tax standpoint in relation to dividend distribution by a listed company, advice on internal group reorganization/ restructuring, share/ business acquisition deals, seek sector specific approval in pharmaceuticals sector for foreign investment, conduct due diligences etc.• Independently represented before the tax authorities during the course of tax assessments/ scrutiny, assisted Counsel/ Senior Counsel in representation before Appellate authorities (Income-tax Appellate Tribunal, High Court).• Assistance in filing of corporate tax returns, filing of prescribed forms in relation to withholding of taxes (Form No. 15CA/ 15CB) in case of transactions/ deals, filing of prescribed regulatory forms for foreign investment/ disinvestment into/ from India.• Advised clients in sectors like Pharmaceuticals, Technology, Manufacturing, Healthcare• Good communication skills.• Good client management.Career Journey:• Qualified as a Chartered Accountant in January 2012.• Started working in Deloitte Haskins & Sells LLP in Bengaluru, India from June 2012 in Corporate Direct India Tax Practice, was associated with Deloitte Haskins & Sells LLP till December 2015.• Started working with Ernst & Young (EY) in December 2015 in the International Tax & Transactions Services [Mergers & Acquisition India Tax] practice, based out of Bengaluru, India and was associated till November 2022.• Shift to industry and responsible for the APAC tax region for Trellix (a US based cybersecurity company).Currently, I am responsible for the APAC tax region for Rippling - a workforce management platform that unifies HR, IT, Finance.
Experience
Apac Tax Manager
May 2025 — Present · Bengaluru, IN
Education
South Point High School, Kolkata
Accountancy
The Institute of Chartered Accountants of India
Chartered Accountancy
2007 — 2011
University of Calcutta
Bachelor of Commerce (Hons.)
2007 — 2010
Skills
- Statutory Audit
- Corporate Finance
- Corporate Tax
- Internal Audit
- Tax
- Income Tax
- International Tax
- Tax Advisory
- Finance
- Accounting Standards
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