The most dreaded and the most complicated thing about business is compliance to tax laws. If not handled properly, these can be one of biggest obstacles to growth. A business operating out of India has to comply with various tax laws depending on the geographical location and constitution of the firm. Tax laws can be broken down into direct tax laws & indirect tax laws.
Direct tax consists of basically the Income tax & Wealth tax. Income tax can be further broken down to personal income tax and corporate tax. CFO services would help your organization device efficient tax planning strategies in compliance with Income Tax laws. Further, we would also educate & help in various compliance & filing of regular Returns with the tax department. Indirect Taxes consist of basically Excise, Service Tax & VAT among others. These require certain systems & process to be set in the area of transaction accounting.