 International Tax Planning
India is the world's largest democracy and one of the fastest growing economies. As multinationals across the world shift their focus and approach to India, it is important that the country's tax and regulatory policies are well understood for optimizing growth and success opportunities. The Indian home grown business houses going / aiming to set-up shops cross border / list on overseas bourses need to understand and stride through an interplay of cross border taxes and regulation for converging on an optimum solution.
International Tax Services offered by our professionals:
- Inbound and Outbound investments
- Transfer Pricing
- RBI Compliances
- Double Taxation Avoidance Agreements
Domestic Tax Services
Tax Consulting
Taxes may not be totally avoidable, but upfront tax planning provided by us in parallel with the decision making process helps our client attain the desired results.
Our professionals are guided by a single, strong underlying philosophy:
"Helping our clients attain their business objectives"
We adopt a "hand holding approach" which encompass various aspects of tax planning and consulting including:
- Dove-tailing tax strategies into business
- Structuring the entire business transaction, including preparation of structured tax solutions tailored to meet business objectives
- Tax modeling which would involve validation of tax assumptions built into financial and business models
- Transaction advisory including planning for achieving Mergers, Acquisitions, Corporate re-organizations
- Total Tax Minimization
Tax Compliance
The focus of tax assessments is gradually shifting from micro issues (such as, procedural disallowances) to issue based and concept based reviews. Given the legal labyrinth that taxpayers often face, a judicious cost-benefit analysis is imperative, in deciding which issues are worthwhile to litigate and on which issues it is more viable to concede. Our professionals with their wide ranging experience and in-depth knowledge help in making this decision.
Services offered by our professionals encompass a wide range of tax compliance issues including:
- Preparation/Review of tax returns
- Advance tax computations
- Briefings and consultations with tax counsels, where required
- Tax litigation support
- Seeking Advance Rulings
- Other compliance issues such as tax registration, dealing with issues of withholding tax, certification, to name a few
- Filing of Income-tax and Wealth-tax returns of residents and non-residents individuals, domestic and foreign companies and other entities.
 Indirect Taxation
Despite the various reforms carried out in the past few years, the prevailing Indirect tax regime in India is still in a state of evolution. The system is quite complex, with multi-layered levies both at the Federal and State level. The Government levies tax on goods at the point of Import (Customs duty), Manufacture (Excise duty), Inter-state sales (Central sales tax or CST), and on provision of services (Service tax). The States on the other hand, have been vested with powers to levy tax on sale of goods within the state (Sales tax/ Value Added Tax or VAT), and on entry of goods into the State (Entry tax), under the respective State laws.
Further, as India is committed to move towards a uniform Goods and Services Tax (GST) regime by 2010, this needs to be factored in any significant tax strategy developed at present.
We provide advisory services in respect of state level
- Value Added Tax (VAT) / Sales tax
- Central Sales Tax
- Service tax
- Custom and Excise duties
- Foreign Trade Policy related matters
We also provide services in relation to setting up of Special SEZ units |
