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Puneet Kumar Singh MAGI 2022 1 Passion Vista Magazine

Puneet Kumar Singh

Passion Vista by Passion Vista
in The Most Admired Global Indians 2022
Reading Time: 3 mins read
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Cross Border Tax Expert

A leading Chartered accounting and taxation consultant in India and abroad, the brilliant Puneet Kumar Singh was always cut out for the best. 

Having obtained his early education from the prestigious Sanjeewan Vidyalaya, Panchgani, Puneet completed his B.Com from Symbiosis College of Arts & Commerce in 2006. The following year, he qualified as a Chartered Accountant from the Institute of Chartered Accountants of India, and started his own practice. Inspired by his father, he also obtained a law degree while practicing as an accountant. 

Puneet’s father was the Late Shri Anil Kumar Singh, an Advocate and renowned authority on the Indian business and tax system. After his sudden demise in 2009, Puneet took over his practice and today, the M/s Puneet Kumar and Co is a leading accounting and taxation firm with an aggregate experience of more than 40 years. 

A multispecialty firm with an array of services in the fields of Book-keeping, Taxation, Audits, Due Diligence, Risk Assessment, Corporate Valuation, Fund Management, Project Finance, and Business Advisory, they also specialise in International Taxation, setting up of Businesses across Borders, and Survey, Search and Seizure matters of Income Tax and GST.

The organization has its Corporate offices in Gurgaon, National Capital Region, as well as the Holy city of Varanasi. They have a vast reach from providing advisory services in international tax matters for projects in countries like Germany, Norway, Finland, UAE, Egypt, Uruguay and Vietnam. In addition, they provide mentorship to startups, planning and setting up NGOs in India, and appearing before various Income Tax Appellate Tribunal Benches and Income Tax Settlement Commission Benches across the country.  

“Our professional team provides solutions keeping in view the needs of our clients. To ensure confidentiality and professional ethics, the names of clients are not being mentioned,” says Puneet, adding that clients are the most important entity of any business: “When GST was being introduced in India and there were rapid changes in the business scenario in 2017, we conducted GST orientation lectures to educate our clients and other professionals. By endeavoring to provide all financial, accounting, audit and legal advisory services under one umbrella, we have been able to generate a huge demand for our services as a One-Stop-Shop for all our clients’ needs.”

Being a good leader and putting people first is something Puneet has always practiced, even during the pandemic. He collaborated with a team of reputed Doctors and launched a telemedicine platform ‘Ecure’ to provide online Covid consultation at Rs 1 to everyone who needed it. Furthermore, the firm adopted quickly by taking its audit and compliances services online to keep working despite the cloud of the pandemic. 

With over 15 years of experience as a Chartered Accountant, Puneet is constantly innovating to provide the best services to his clients by establishing new verticals in the legal field. Speaking about his passion, he says, “When one enjoys his work and has a passion to serve others, no other motivation is required. I love to travel and my work takes me across borders to unique locations where I get an opportunity to study different international taxation systems and tax practices. This knowledge is then applied in our firm to grow further.”

Puneet’s focus and perseverance has seen him inundated with various honours such as: Global Lex Falcon Award 2022, Dubai; Past Secretary – All India Federation of Tax Practitioners, North Zone, 2020-21; nominated as Top 25 Most Promising Accounting and Tax Consultants in India 2016 by Consultant Review Magazine; presented many technical papers on Taxation at various professional forums; Faculty – Institute of Chartered Accountants of India; published many articles on various topics related to Taxation; Founder Member – Income Tax Appellate Tribunal Bar Association, Varanasi; Member – GST Bar Association, Varanasi. 

Puneet’s company is a legacy firm with a huge appetite to grow and become an international firm providing leading services across the Globe with a short term plan of opening international offices in Dubai and Singapore in the next five years.

With such a list of achievements in a short span, we can’t help but ask Puneet how he achieves it as well as the challenges faced. To which he replies, “The balance between personal-professional life is very important and for me, it is quite easy. At the firm, I have inculcated a practice of treating our clients as part of the family. With a sound time management and work allocation system in place, all our team members too are able to manage their time between both work and family.”

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