There is a lot of scope in tax planning by which we can help our clients save taxes legitimately. Our tax advisory is designed keeping in mind the client’s cash flow and present as well as future fund requirements. We have a team of experts who specialize in providing Income Tax related services to individuals as well as organizations, be they small, medium, or large.
We need not wait for the financial year end for income tax return filing. Instead plan it out before with a tax consultant. Your income tax return status is important as it helps you in future tax savings. Our expert team guides you at every stage of tax return filing.
We have developed a total tax management capability which encompasses the entire spectrum of direct, indirect and personal taxes. Our approach to tax planning is multi-jurisdictional. We, together with other member firm's offices spread across the globe, can provide quality national and international tax advice.
Goods and Services Tax (GST) is among the big tax reforms introduced in the history of the Indian fiscal evolution. In addition to the exceptional impact GST has on the economic growth of the country and the way business is done in India
Team GSPS is well equipped to provide following end to end GST solutions to enable you to focus on your core business:
- GST registration and Amendments in GST Registration
- Filing of Returns under GST
- Analysing business requirement under GST and suggest compliance measures
- Drawdown accounting aspects related to GST
- Getting GST refund processed for Export of goods and services, inverted rate structure, deemed export, etc.
- Representation before departmental authorities
- Audit of Accounts under GST Act
With tax laws progressing each day, it is crucial for businesses to be cognizant with timely compliance challenges that may pose a threat and lead to penalties and prosecution. A tax efficient structure for the businesses will release burden from entity's shoulders and thereby ensure pertinent compliances. Our service portfolio includes advisory and compliance services w.r.t. income tax, advance tax, tax deducted at source and wealth tax.
Team GSPS is well equiped to provide the following services;
- Income Tax Returns
- Scrutiny Assessment
- Search & Survey
- Appeals & Tribunals
- Transfer Pricing and Authority for Advance Ruling
- Tax Planning to mitigate the risk of litigation
- Settlement commission
Post GST, few of the industries are still under the Value Added Tax (VAT) Act.
Team GSPS is well equipped to provide following end to end VAT solutions to enable you to focus on your core business:
- VAT registration
- Filing of Returns under VAT
- Getting VAT refund processed
- Representation before departmental authorities
- VAT Audit
- VAT Assessment
As multinationals across the world look to invest or establish themselves in India and begin to transact more actively, it is important that India’s tax and regulatory policies are well understood for enhancing growth and success opportunities. Similarly, the Indian home grown business houses interested in or aiming to go global or get listed on the overseas bourses need to understand and stride through an interplay of cross-border taxes and regulations. Navigating the corporate tax and regulatory framework for carrying on any activity, along with domain industry knowledge, is now an integral part of doing business in India or overseas
Team GSPS is well equiped to provide the following services;
- Application of DTAA
- FDI
- Transfer Pricing
- RBI & FEMA Compliance
Compliance of the procedure including chartered Accountants Certification for repatriation of income/assets from India
Making applications to Reserve Bank of India for purchase/sale of shares, Debentures & Securities and directly to and from Residents in India and outside India.
Allotment of Shares to non residents
Allotment of shares at premium to non-residents
Transfer of shares from Indian resident to non-residents.
Permission for opening Liaison office
Permission for opening Branch office
Setting up Joint Venture (JV)
Setting up Project Office
Setting up Partnership/Partnership by NRI'S or persons of Indian origin.
Other Advisory Services on FEMA/RBI etc.
Issue of Statutory Certificates under FEMA and RBI regulation
Compounding of offences
Setting up company outside India.
Filing of Annual Asset & liability statement
Obtaining unique identification number
To reply RBI on various queries raised by it