Eligibility for claiming Relief:
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How and when to claim R&D Relief:
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Key Services provided by us:
|Type of Service Provider||Individual Consultant|
|Type of Service Contract||One-Time|
Constant Tax and regulatory changes in India are challenging Indian and Multinational companies to stay on the top. The companies should be well educated in terms of the tax and regulatory issues they are facing from their operations and investment strategy, changes which have occurred due to the change in the business structure and geographical expansion.
Compliance's across all taxes, accounting and tax reporting has become increasingly complex. Presently companies are struggling with diversified reporting requirements while driving value out of their tax and finance functions.
Many companies are migrating to domestic and global compliance and reporting by taking a closer view at their technology, process, resources and service providers. Leading team of tax professionals are using outsourcing as critical part of the tax strategy and as a better measure to align the tax investments and use the talent to achieve the organizational goals
The main object of the of the Corporate Tax and Regulatory compliance is to shift the focus from micro issues such as tax assessment containing audits and procedural compliance's to issue based and concept based reviews.Key Services provided by us1) Compliance Services
Compliance Services include to obtain initial registration for entities to setup an office in India, assistance to obtain withholding tax orders, compliance support related to Direct Tax, computation of Advance Tax calculation, preparation and filing of the Corporate tax returns.2) Advisory Services
Related to tax implications arising due to changes in economic environment and implementing effective tax strategies3) Health Checkups and Review
Undergoing detailed health checks of the business operations to get the benefit of tax incentives, reduce potential exposure and improve the tax compliance's4) Due Diligence
Conduct Tax,Regulatory,financial, operational and commercial Due Diligence Report.5) Litigation Services Drafting of notices, appeal, appearances, arguments before adjudication and appellate authorities up to the Tax Tribunal level, to obtain NOC and also handling advance ruling proceedings.services .
Tax Litigation under the Indian judicial system is time consuming. The adjudicating and quasi-judicial appellate authorities act as a fact finding body under the Income Tax Act, 1961 and the constitutional authority .i.e. High Courts and Supreme Court of India.
Currently tax litigation in India takes more than two decades to reach its decisiveness. As per recent report of CAG (Comptroller and Auditor General of India) there are Rs.2.2 lakh crore cases are locked up in appeal out of which in most of the cases the government is the appellant. As the tax authorities are getting more aggressive the number of cases appealing in the court are increasing.
Also most of the tax litigation cases pending at various forums are of multinationalsTax Litigation often arises in the following areas:
Given the lawful maze that taxpayers often face, u judicial cost benefit analysis is required to be done which can help to arrive at a decision of whether it is worthwhile to litigate or the issue is more viable to compromise.
|Industry Type||Product, Services|
In India, Goods and Services Tax (GST) has been implemented from 1st July 2017. For all business entities in India need to conduct a study of the various changes in the Goods and Services Tax (GST) Model Law. It will involve a comprehensive study of GST, identification of changes to any long-term contracts, conducting tax-code mapping for all transactions and a review of the existing level of compliance.Eligibility for GST Registration
Rates under GST will depend upon the type of goods and services. Currently, the slab rates are 5%, 12%, 18% and 28%. The rate for gold is 3% and 0.25% for rough stones.CGST & SGST
GST will have a central component (Central Goods and Services Tax or CGST) and a state component (State Goods and Services Tax or SGST). Inter-state transactions will attract the Integrated Goods and Services Tax (IGST) which will be levied by the center.GST Advisory Services Includes following
|Type of Service Provider Preferred||Company, Individual Consultant|
Secretarial audit is done in order to verify the compliance of various legislation including the Companies Act and other corporate and economic laws applicable to the company.
In India, following companies are required to conduct secretarial audit and obtain secretarial audit report as per section 204 of the Companies Act 2013 read with Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014:
*According to section 2(91) of the Companies Act, 2013, Turnover implies the aggregate value of the realization of amount made from the sale, supply or distribution of goods or on account of services rendered, or both, by the company during a financial year.
Companies falling under this criteria required to annex secretarial audit report with the board report. However companies which are not falling under the above-mentioned criteria may obtain secretarial audit report voluntarily as it will provide an independent assurance of the compliances by the company.
The format of secretarial audit report shall be in form MR-3 according to Rule 9 of Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014.Now let’s talk about, who is eligible to conduct secretarial audit in India?
According to section 204(1) of Companies Act 2013, secretarial audit can be conducted by only a member of the Institute of Company Secretaries of India holding certificate of practice (company secretary in practice) and furnish the Secretarial Audit Report in form MR-3 to the company.
Company secretary who is employed and not in whole time practice is not eligible to conduct secretarial audit. There is no restriction has been placed by the Institute of Company Secretaries of India regarding the number of audits that can be conducted by Company Secretary in Practice in one financial year.
Secretarial Audit is a comprehensive review of all the laws, statutes and legislation applicable on the company. In conducting secretarial audit, company has to comply with a number of rules and regulations based on its area of operations.
Company secretary is considered as the statutory watchdog of the corporate world, it has always been the duty of the Company Secretary to make sure that all the laws and rules are being followed by the management.
Secretarial Audit helps the Company Secretary to take into account all the non-compliances in a company and to take preventive actions in a company to avoid any kinds of frauds and errors.
Secretarial Audit ensures better enforcement of the rules. The main objective of the company secretary profession is to promote corporate governance. With the help of secretarial audit, internal systems of the companies will improve with the overall effectiveness of the legal compliance system.Signing of Secretarial Audit report
Secretarial Audit Report is signed by the secretarial auditor who is engaged by the company to conduct the secretarial audit of the company and in case of company secretaries firm it will be signed by the partner under whose supervision the secretarial audit was conducted.
Service description:We have marked an enviable position in the market by offering client specific and certified Excise Duty Services. We ensure that the services we are offering to our prestigious clients are in strict conformation to suggested authentic agencies rules and regulations. Moreover, we efficiently understand the specified requirements and needs of our valued clients and fulfill their appropriate requirements in an efficient manner at pocket friendly prices.
We are engaged in providing Financial Accounting services to our esteem customers at reasonable rates and these services are the field of accounting concerned with the summary, analysis and reporting of financial transactions. The offered Financial Accounting includes the preparation of financial statements - including the balance sheet, day to day cash transaction, income statement and cash flow statement.
Service description:We are engaged in offering Financial Management Consulting Services. Our offered range of services are widely appreciated by our most valued customers. Our consultants will help to review financial management aspirations and goals and will offer customized solutions. We provide our services at market leading prices.
We are one of the renowned firms engaged in offering premium quality Financial Services to clients at affordable market prices. These services are provided by experienced professionals with years of experience. Our financial services are tailor-made to suit the needs of the clients. These are targeted at addressing the financial queries and requirements of the clients. These services are known for being highly reliable and accurate.
|Skills / Qualification Required||Not Required|
|Type of Service Provider||Company|
A separate code on transfer pricing as mentioned under the Income tax Act (Section 91 to 92F) which covers intra cross border transactions under the group and specified domestic transactions. Thus with the introduction of Transfer pricing has become the most important international tax issue which are affections transactions of multinational companies operating in India.Country wise Reporting
Service description:we provide financial investments to industries,power plants,companies(pharma,it)
Compliance for a new factory or an existing factory not only calls for knowledge but also requires enormous efforts on the administrative front. Effective monitoring system should be in place to ensure the voluminous compliance activities are carried out on time. All these efforts are essential to maintain a congenial IR climate apart from compliance and governance.
Accredium's Factory Compliance Services offers the client the required knowledge base and designs technology driven systems and processes for completion of clerical activities to ensure compliance on a routine basis, thus freeing the client to focus on development and IR climate.Service Highlights