|Type of Service Provider Preferred||Company|
Employees' State Insurance (ESI) is self-financing social security and health insurance scheme for the Indian Workers, which is an autonomous corporation governed by Ministry of Labour and Employment. This Fund of ESI is managed by Employee State Insurance Corporation (ESIC) and its rules regulations. All entities registered under ESI registration must file ESI returns which is due half yearly.Applicability of ESI?
The ESIC is applicable on all the establishments having 10 or more workers and is beneficial to all the employees earning Rs.15, 000/- or less per month as wages, employer must contribute 4.75 percent and employee must contributes 1.75 percent towards ESI.Benefits of ESIC
THE Employees registered under ESIC are entitled to medical treatment for themselves and their dependents, unemployment cash benefits and maternity leaves for women employees.How to file ESIC return?
Following points needs to be considered for ESI Return:
Income tax department will give you maximum 12 days from the receipt of notice to send your reply via online portal of Income tax department.
Whether you are an individual assessee or corporate assessee whether you have filed your tax return on time or after due date, Income tax department may initiate scrutiny assessment procedure to determine the actual tax liability and investigate the Expenses and revenue. During scrutiny proceeding you are required to submit additional records, invoice, Accounts and any other documents as ITO deemed feet to assess the case If you have received a notice It does not mean that you have done any crime and it simply a normal process to investigate the tax liability of the assessee.What we will do for you?
TDS stands for Tax Deducted at Source and it is the tax which is paid in advance by person responsible for making payments in the form of salary, contract payment, dividends, etc. to Government as per income tax slab rate. Person deducting the tax is known as deductor and the person whose tax is being deducted is known as deductee. Recipient of income receives the net amount (after deducting TDS) which may be in the form of cash or cheque or credit in payee's account.
Payee does not need to pay tax if he gives investment proof to his employer for claiming deductions and his total taxable income is below taxable limit.What is a TAN?
Person responsible for deducting TDS must apply for allotment of Taxpayer Identification Number (TAN) which is 10 digit alpha numeric numbers, within one month from the end of the month in which tax was deducted. Once it is issued it is valid for lifetime.What is a TDS Return?
TDS return is a quarterly statement submitted to Income Tax Department and is required to be submitted by deductor. Return contains the details of TDS deducted and deposited by deductor, PAN of deductor and deductee, TDS challan information, etc. There are different TDS forms which are prescribed depending upon purpose of deducting TDS.
Compliance with various state laws w.r.t. VAT, CST, Entry Tax, Luxury Tax, Professional Tax, etc.
Getting Registration under Central Sales Tax Act and respective state VAT Act.
Consultancy on matters related to VAT / Sales Tax including Tax planning.
Ensuring compliance on VAT matters through effective Tax Management and Advisory Services.
Preparation of VAT returns.
Filing of Electronic/ Manual VAT returns.
Help in obtaining statutory forms.
Liaison with VAT authorities.
Getting VAT / Sales Tax Assessments done.
Filing and pleading appeals at various Appellant levels
Structuring of business transactions to maximize tax efficiency
We offer premium taxation, Indirect Tax Services, direct tax services, corporate tax services and financial planning services which can be tailored to suit various requirements of clients. Our team of experts assists us in rendering services in the field of individual and corporate taxation, liasioning with tax department HUF, tax planning etc.
Our company is widely appreciated for providing International Tax Consultancy Service to clients. This service includes the full planning, documentation and submission of all types of indirect and direct taxes. Also, our well-experienced charted accountant gives support to provide International Tax Consultancy Service in excellent manner.
Required by all service providers with a turnover of over Rs. 9 lakh, a Service Tax Registration is easily obtained in 20 working days.There are only 3 simple steps: · We help you arrange all the documents for the application · We complete the application on your behalf, through a verified agent · We attend to any clarification the authorities may need That's it. Your Service Tax Registration is done. Both ST-1 ST-2 are included in the package.
In today’s world corporate as well as individuals are required to comply with a number of tax compliances, which require expert knowledge and are mostly time-bound and technical in nature. We are a prominent organization engaged in offering excellent Tax Services to our Multinational corporate clients. With the help of our professionals who hold in-depth knowledge about ERP (SAP / CODA / Oracle and others), these services can be provided at the patrons place or at the offices, and may be customized as per the provided details of each client.
These services include the following:
Transfer Pricing :- Assisting Companies in the Transfer Pricing rules in India together with certification & filing of necessary reports.NRI & Overseas Consultation to develop strategies for tax minimisation together with setting up of Offshore Companies keeping in view the Double Taxation Avoidance Agreement (DTAA) rules & regulations of the Foreign jurisdiction.
|Professional Experience of Service Provider||3-5 Years|