Businesses face the challenge of turning their newly established operations into profit making operations within a stated period of time, which is not an easy task. Taking advantage of all possible opportunities should certainly include proper tax planning and advice.
Direct Taxation
Direct tax consultancy together with innovative tax efficient strategies, provided by us form an integral part of viable business decisions. These help our clients attain the desired goals. We adopt a “result oriented approach” which is flexible and emphasizes delivery and value. It enhances the effect of commercially viable decisions and minimizes the tax burden. Our Services includes Tax Advisory, Tax Representation, Tax Planning, Tax Returns, Transfer Pricing, Indian taxation for non-residents and TDS & TCS Matters and various compliances related to Taxations.
Indirect Taxation
The existing tax regime requires corporate to embark on careful analysis of the various indirect taxes applicable for almost each and every transaction. It becomes very necessary to look at a transaction from all the possible angles to determine the possible indirect taxes applicable and also to maintain documents to support such a transaction for further compliance’s. We help to incorporate tax efficiency into your business planning and decision making as well as taking care of the returns, paperwork and tax assessment compliance, giving you more time for running your business. The tax issues may seem complex but our solutions are sound, relevant and practical. Few words on Goods & Service Tax.
Goods & Service Tax
One of the biggest taxation reforms in India the “Goods and Service Tax (GST)” is all set to integrate State economies and boost overall growth. GST will create a single, unified Indian market to make the economy stronger. The implementation of GST will lead to the abolition of other taxes such as octroi, Central Sales Tax, State-level sales tax, entry tax, stamp duty, telecom licence fees, turnover tax, tax on consumption or sale of electricity, taxes on transportation of goods and services, et cetera, thus avoiding multiple layers of taxation that currently exist in India.
Our Scope shall include:
● Obtaining the registration under various statutes.
● Representing clients in Assessment Procedures and Appeals.
● GST Refund Matters.
● Filing of Monthly & Quarterly GST Tax returns, Excise Returns and VAT returns.
● Advising on Indirect tax accounting as required by law and updating the clients regarding amendments made from time to time.
FEMA-Foreign Exchange Management Act, RBI
In India, business ventures, investments, and office setup of foreign companies are regulated by Indian Central Bank (Reserve Bank of India (RBI)). RBI accords various approvals and permissions in accordance with the Foreign Exchange Management Act (FEMA). We have expertise in obtaining various approvals/clearances for foreign companies venturing India like Setting up a branch/liaison/project office in India under Automatic or Approval Route, Banking and remittances etc.