Our Services
GST Filling
GST is an indirect tax that is levied on goods as well as services. All the existing state and central indirect taxes are subsumed under the GST. It is applicable throughout the country (except Jammu and Kashmir). GST is also referred as “One Nation One Tax”. Under this system, a single product is taxed at the same rate in every corner of the country(Except J&K).
GST Filling
A tax (from the Latin taxo) is a mandatory financial charge or some other type of levy imposed upon a taxpayer (an individual or other legal entity) by a governmental organization in order to fund various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law.
A professional auditing of final accounts supports you in many ways. Because of the large number of medium-sized and large insolvency or bankruptcy proceedings with a constant number of staff at the courts, there is increasing demand for external examiners in the sector of the auditing of final accounts in interim and full proceedings. And due to our well-founded business administration training as well as our watertight qualification as auditors and tax consultants, we are in an excellent position to undertake the auditing at the conclusion of an insolvency or bankruptcy process as an external expert.
Have you been served a notice by the income tax department of late? If yes, don't be surprised, for if tax consultants are to be believed, there has been a spike in the number of notices being served on income tax assessees. The reason is improved monitoring due to stricter know-your-customer norms and online filing of returns, both of which have made data processing easier and faster. That's why the scope for nondisclosure of income, high-value transactions and non-filing/defective filing of returns has become very limited. So, say experts, do not get shocked or surprised if you get a notice from the income tax department seeking details of a transaction or source/proof of some income.
Income Tax
This is taxes an individual or a Hindu Undivided Family or any taxpayer other than companies, pay on the income received. The law prescribes the rate at which such income should be taxed.
Corporate Tax
This is the tax that companies pay on the profits they make from their businesses. Here again, a specific rate of tax for corporates has been prescribed by the income tax laws of India.
Many salaried employees might be very well aware of the term ‘professional tax’ as it would have been mentioned in the payslips/Form 16 issued to them. But all of them may or may not understand what it is and why is it appearing in their payslips/Form 16 as a deduction from their salary income. Hence, this article is an attempt to provide a better picture of what is ‘Professional tax’ and why is it deducted and is it only salaried class who are bearing it.
A Taxpayer Identification Number (TIN) is an identifying number used for tax purposes in the United States. It is also known as a Tax Identification Number or Federal Taxpayer Identification Number. A TIN may be assigned by the Social Security Administration or by the Internal Revenue Service (IRS).