Shilpi Varma
Senior Director
18+ years of experience in tax consulting
Specializes in corporate tax, international tax, M&A, and dispute resolution
Qualified Chartered Accountant in India

Shilpi Varma is a Senior Director with Alvarez & Marsal Tax in Gurugram. She works at the Global Capability Center, specializing in corporate and international tax.
Ms. Varma brings 18 years of experience in tax consulting, advising multinational corporations and Indian businesses on cross-border transactions covering permanent establishment evaluation, international tax, and dispute resolution. Her expertise spans strategic corporate tax advisory, M&A, due diligence, and tax compliance, serving clients across industries such as retail and consumer, automotive, technology, and infrastructure.
Prior to joining A&M, Ms. Varma spent 17 years with PwC in Gurugram, India, where she most recently served as Director.
Ms. Varma earned a bachelor’s degree in commerce from the University of Calcutta, and is a qualified Chartered Accountant in India.