Navneet SingalHead of Tax at SYGENE INTERNATIONAL
My expertise lies in global tax planning, compliance, reporting, interpretation of law in line with busines transactions and agreements, set-up of processes and their implementation and management of litigation.
I have set-up a dynamic tax team in Syngene from scratch to a team of more than 10 members around processes and procedures. In Syngene, I implemented Global Tax Structure and also managed the SEZ compliances. Instrumental in claim of Export and import incentives which is more than Rs. 50 Crs every year.
In Shell, I migrated the Tax compliance and reporting work of more than 100 UK Entities to India. Implemented Key Tax Assumptions, Wis and kept them most robust and dynamic. I conceptualized training needs, ensured delivery with a view to reduce the learning curve. Steered and guided the team in developing training content and testing model/packs.
Being the Tax Head of Energy Sector in GMR managed more than 30 Entities of all vertical of Energy i.e. thermal, Gas & Liquid, Hydro, Renewal and entities in transmission and trading of electricity having a capital base of more than Rs. 40,000 crores. Implemented merger of group entities which provided saving of more than Rs.300 M. Handled the Issue of DTAA interpretation with Nepal IT authorities and IT audit in Australia. Implemented the monthly MIS which resulted in regular inputs from stakeholders and robustness of the tax team.
Part of the Direct Tax Team of HCL Technlogies which strengthen and nurtured my roots in Tax Domain. I streamlined the process of finalizing the income tax return with finance which has more than 70 undertakings which includes STPI units, non-STPI units, SEZ units & developers, EOUs. I got a chance to represent the Company for its 1st ever TP assessment in India in FY 2002-03 and also implemented a Global Tax Management System to monitor and control the compliances of 60 group subsidiaries companies in a single system base environment 15 years ago.