The Indian tax system is well structured, wherein the power to levy taxes are clearly demarcated by the constitution between the Central Government, the State Governments and local bodies. The taxes in India can broadly be classified into Direct tax and Indirect tax.Also, in order to make the Indian taxation system more dynamic in terms of effective administration, efficient tax collection and to reduce the cascading effect of taxes, Central government introduced the Goods and Services Tax (GST) on 1st July 2017.
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The government imposes a tax on taxable income of all persons who are individuals, Hindu Undivided Families (HUF's), companies, firms, LLP, association of persons, body of individuals, local authority and any other artificial juridical person. Levy of tax on a person depends upon his residential status. It's never been about paying tax, but the entire process of tax compliance is cumbersome, that makes people shy away from taxation.
We invite you to experience the hassle free way of tax compliance.
We provide advice tax obligations arising out of domestic and international transactions with the focus to optimize tax structure that are completely in line with your business goals.
For high net worth individuals & experts, our team can assist with remuneration planning and structuring of investments.
We provide tax-planning solutions that are unique and also assist in managing tax office investigations.
We believe in today’s global economy, effective tax planning & advice can give your company a competitive over your competitor.
Goods and Services Tax (GST) is an indirect tax which was introduced in India on 1 July 2017 and was applicable throughout India which replaced multiple cascading taxes levied by the central and state governments. GST replaced a slew of indirect taxes with a unified tax and is therefore set to dramatically reshape the country. Termed as the biggest tax reform since independence, it is crucial to understand that GST is not merely a tax change but a business change which is likely to impact various business areas. We are there to assist you by