Simply put, tax in India comes majorly in 2 forms: Direct tax and indirect tax. Direct tax in India majorly deals with income tax, which is further segregated into individual tax (be it for Indian citizens or expatriate employees), corporate tax, as well as the underlying compliance matters for both. For any business getting incorporated as a company in India, tax planning is something which should be done in the early stages itself to create a tax-efficient business structure – the importance of which we’ll discuss in detail below.
Most tax consultants or tax advisors in India undertake tax and regulatory procedures as a practice to deal with income tax, routine tax filing/tax compliance or helping with tax litigation, at best. But then again, here’s where we segregate ourselves from most tax consultants.
Our pro-active involvement in our clients’ business stems from the idea that a growing economy has the propensity to undergo various changes from a tax and regulatory aspect, something which businesses must be wary about. Tax planning – as an effective measure to plan ahead and think of a long-term marathon as compared to a short-term sprint, helps us do exactly that. As a market which is seeing active Government intervention to increase the business-friendliness within the economy, we aim to safeguard companies from a tax standpoint so that they can focus on the macro aspects of the business, while letting us do the heavy lifting in terms of tax strategy well as regulatory compliance.
And on the technical side of things, our tax and regulatory services include offerings with regards to different aspects of taxation in India, where we provide advisory and services in terms of:
These 4 services are further divided into a 3-pronged approach wherever deemed necessary, which involves provision of advisory, undertaking compliance and audit as well as assisting in tax litigation.
Starting off with our tax advisory services, we offer the following services: