In today's complex financial and business world, everyone needs reliable, professional accountancy and taxation help managing their personal and business finances.
Not only it is necessary to ensure that everything is accounted for in compliance with the various statutory requirements, it is also important to make the most of every opportunity to maximize your income and minimize your Tax Liability by claming various exemption & deductions.
Tax planning is all about understanding the personal and business taxes you are liable to pay, and looking at ways to minimize them. In this way, you can help maximize your net income, creating opportunities to save for the current and future needs of your family and your business.
Albert Einstein once famously said that 'the hardest thing in the world to understand is income tax'. But don't let complexity deter you from a simple goal: keeping your taxes as low as possible.
As accountants our role includes not only preparing financial statements and tax returns but also working with you to ensure that both the periodic taxes and the taxes out of income are at the lowest possible level and are duly paid on time. This is one of the way to retain the biggest slice of your wealth to spend or save.
We can help you in:
> making the most of tax-free opportunities
> Keeping tax rates as low as possible across the family
> developing a plan for tax-efficient profit extraction
> keeping business taxes to a minimum
> minimising the tax on the sale/merger/de-merger/acquisition of your business
> a tax-efficient remuneration package
> reducing the cost of company cars and electronic equipments
> Identifying tax-efficient savings Schemes
> reducing the tax on your estate
> planning to reduce capital gains tax
Our Taxation service includes a wider range of services provided to individuals/corporate houses of different backgrounds as per their requirements.
Few basic services for Resident Indians could include the following:
> To obtain Permanent Account Number (PAN) and TAN number online.
> Tax planning
> Advance tax computation
> Tax Audit
> Filling of Income return
> Follow up income tax refunds.
> Rectification & revision of income tax orders.
> Representation before Income Tax Authority for Scrutiny Cases.
> Quarterly return for TDS/TCS in electronic form
> Consultancy in TDS matters
> No TDS/ TCS Certificate.
> Registration of trust for charitable purposes
> Obtaining advance Ruling
> Specific advice on taxation
> Other Compliances as per Income Tax Act.
Few basic services for Non-resident Indians could include the following:
The Non Resident Indians (NRIs) need information and guidance in relation to legalities and procedures as to the assets held in India and taxation of income and profit/gains on sale of assets. This is specifically related to following:
> Regulations as to operating bank accounts, repatriation of Income earned in India and special RBI schemes for returning NRIs.
> Regulations as to investments in shares and debentures, mutual funds government securities and bank deposits and its taxations.
> Procedure to for purchase and sale of immovable properties in India and renting them out.
> Procedure to file return of income and obtain tax exemption certificate and Permanent Account Number.
> Replies to any queries on Indian Taxation, Foreign Exchange Management Act FEMA) and Reserve bank of India procedures and approvals.
> Certification for repatriation.
Corporate Houses and Businessmen are provided end to end customized solutions for their varied needs right from income tax to service tax, capital gains tax to TDS returns.
All in all a 360 Degree consultancy for your needs from a team of experienced, qualified, professional and transparent professionals.