Compliances
under Indian Laws

Let us handle the numbers while you focus on what truly matters!

Navigating income tax compliance in India? It’s like trying to beat a level in a never-ending game complex rules, constant updates, and high stakes! But don’t worry; Tax Experts have got your back.

We’re here to level up your tax game with services like custom-fit Income Tax Return (ITR) filing, strategic tax-saving hacks, precise advance tax calculations, and smooth sailing through tax assessments and TDS compliance. Their expertise ensures you stay penalty-free, compliant, and stress-free! Let us simplify tax complexities so you can focus on growing your empire and making every rupee count!

Contact us today! Let’s make your taxes your best companion!

NRI Tax

Income tax compliance is one of the most crucial aspects for businesses and individuals alike in India. With constantly evolving regulations and legal frameworks, adhering to the guidelines set by the Income Tax Act of 1961 can often be complex and time-consuming. This is where Tax Experts step in, offering comprehensive and professional income tax compliance services to ensure that individuals and businesses stay compliant while optimising their tax liabilities.

Understanding Income Tax

Income tax compliance refers to adhering to the laws and regulations related to income tax that are set by the Indian government. It involves filing accurate tax returns, paying taxes on time, maintaining proper records, and ensuring that all relevant documentation is in place. Failure to comply with these requirements can lead to severe penalties, interest charges, and even legal complications.

Essential Income Tax Services

  • ITR Filing: Accurate, timely filing for individuals, professionals, and businesses, minimizing tax liability while ensuring compliance.
  • Tax Planning & Advisory: Tailored strategies to optimize deductions, exemptions, and credits under Indian tax laws.
  • Advance Tax Calculation: Assistance with timely advance tax payments to avoid penalties and streamline year-end filings.
  • Tax Assessments & Scrutiny: Representation and support during ITR assessments or scrutiny to resolve issues efficiently.
  • TDS Compliance: Complete TDS solutions, including calculation, deduction, return filing, and certificate issuance.

Professional Tax Benefits

Navigating the complexities of the Indian income tax system can be overwhelming without expert guidance. Tax Experts simplify this process by ensuring accurate and timely tax filings, eliminating the risk of penalties for late submissions. With their professional services, clients gain peace of mind, free from the stress of dealing with intricate tax forms and calculations. Additionally, they ensure full compliance with all relevant tax laws and regulations, helping clients avoid potential legal hassles.

FEMA Compliance Services

The Foreign Exchange Management Act (FEMA), introduced in 1999, regulates foreign exchange activities in India, replacing the Foreign Exchange Regulation Act (FERA). It aims to facilitate external trade and ensure the orderly development of India’s foreign exchange market. Compliance with FEMA is crucial for businesses and individuals involved in cross-border transactions, as non-compliance can result in severe penalties.

Significance of FEMA Compliance

For businesses involved in foreign currency transactions, FEMA compliance is vital for legal and smooth operations. Whether it’s foreign investment, FDI, or remittances abroad, FEMA governs areas like capital investments, income repatriation, and property acquisition. Non-compliance can result in hefty fines or imprisonment, making expert guidance crucial to navigating these regulations.

Complete FEMA Solutions

Tax Experts offer comprehensive FEMA compliance services, ensuring businesses and individuals stay fully compliant with Indian laws while optimizing foreign exchange transactions, backed by expert knowledge and experience.

  • Advisory Services on FEMA Regulations: Expert guidance on FDI, ECBs, and remittance rules to ensure compliance and avoid legal issues.
  • Filing of Statutory Forms: Assistance with accurate and timely filing of forms like FC GPR, FCTRS, and ODI with the RBI.
  • RBI Approvals: Support with obtaining necessary RBI approvals for outward remittances and investments beyond prescribed limits.
  • External Commercial Borrowings (ECB): Guidance on ECB compliance to help businesses raise capital while adhering to FEMA and RBI regulations.
  • Repatriation of Income and Investments: Assistance with repatriating income, profits, or capital gains for NRIs and foreign investors in line with FEMA.
  • Compounding of Offences: Help with the compounding process to resolve penalties for non-compliance, ensuring a favorable outcome.

GST Compliance Services

The Goods and Services Tax (GST), introduced in India in 2017, replaced multiple taxes like VAT, service tax, and excise duty. While it simplified the tax system, ensuring compliance with GST regulations can be challenging for businesses. Non-compliance can result in penalties, audits, or legal issues. Tax Experts provide comprehensive GST compliance services, helping businesses stay aligned with the constantly changing tax laws in India.

Key GST Compliance Strategies

  • GST Registration: We help businesses navigate the GST registration process, ensuring timely and accurate submission of all required documentation and identifying if multiple registrations are necessary.
  • GST Return Filing: We manage the preparation and filing of all GST returns (GSTR-1, GSTR-3B, GSTR-9, etc.), ensuring timely submission to avoid penalties.
  • Input Tax Credit (ITC) Reconciliation: We assist businesses in reconciling ITC claims to ensure they maximize tax benefits and align with suppliers’ reports.
  • GST Audit Assistance: We provide support in preparing for GST audits, ensuring accuracy in returns and compliance with regulations, while liaising with auditors and GST officials.
  • GST Advisory and Consultancy: We offer tailored advisory services, helping businesses stay updated on GST changes and their impact on operations.
  • GST Litigation Support: We assist businesses in responding to GST disputes and notices, preparing submissions, and representing them before authorities.
  • GST Refunds: We streamline the refund process for businesses, ensuring all necessary documentation is submitted and refunds are processed efficiently.

Working With Tax Experts

Our experts offer personalized guidance in GST compliance, ensuring you make informed decisions and stay fully aligned with the latest regulations, while we handle the complexities for your business.

CA Dixit Jain

Tax Experts are Your Trusted Advisors, Headed by CA Dixit Jain, providing you with the best taxation and financial advisory services suitable to your individual needs across global markets.