Simplifying Finances, Maximizing Growth
Simplifying Finances, Maximizing Growth
Statutory deductions are mandatory deductions that employers withhold from an employee's salary. These deductions include income tax, employee state insurance, Professional tax and provident fund. Our team of experts ensures that your compliance requirements are met without any hassle.
Income Tax Return (ITR) filing is an essential obligation for individuals and entities in India. A legal requirement imposed by the government to assess and collect taxes from citizens and organizations based on their income. The process of ITR filing in India can seem daunting to many, but with the right knowledge and guidance, it can be smooth and hassle- free experience.
With the aim of "One Nation One Tax", Goods and Services Tax (GST) was introduced in India on July 1, 2017 to curb taxation at indirect taxes. The commencement of GST regime in India together with itself the concept of GST Return, a document in which the taxpayer under the Goods and Services Tax (GST) needs to file the details of his/her income to the tax authorities. All the business entities need to get themselves separately registered under GST Regime and file their GST return in an online or offline mode.
Every company whether Public, Private, Section 8, Producer or any other type of company incorporated under the Companies Act, 2013 or under any previous law for the time being in force is required to file their annual Financial Statements and Annual Return within 30 days in e-form AOC 4 or e-form AOC 4 (CFS) depending upon the applicability and 60 days in e-form MGT-7 respectively from the date of conclusion of the Annual General Meeting.
For an organization to function efficiently and adhere to the statutory requirements, it is essential to maintain certain records and registers. Maintaining such records and registers are important for fulfilling statutory, disclosure, statistical, etc. purposes. Our team of experts ensures that your compliance requirements are met without any hassle.
Suppose you are an Indian resident making payments to a foreign entity, and if the payment is taxable in India, then in that case, it is mandatory to comply with the legal provisions of the Income Tax 1961. According to the Act, you must file the Form 15CA and Form 15CB with the tax authorities before remitting funds to a foreign entity. Filing these 15 CA and CB forms can be complex, requiring detailed knowledge of laws, laws and regulations, notifications, pan aside you in navigating the process of filing form 15CA and form 15CB with ease. Our team of experts ensures that your compliance requirements are met without any hassle.