Direct Taxation

Corporate tax is a tax levied on profits earned by various entities. Companies registered under Companies Act or any other act for the time being in force are obligated to pay such tax at a rate specified by Income Tax Act, subject to changes in rates from time-to-time. We assist organizations in corporate tax returns filing, advising on tax planning opportunities, tax compliances, opinions and representations. We also provide opinion on complex tax issues and assist in review of tax strategy vis-a-vis business strategy.

Apart from tax paid on business earnings, tax paid on one’s personal income is termed as personal tax. We manage tax computation for tax withholding, advance tax and tax filings. Our team is experienced in representations before revenue authorities. We also provide assistance in obtaining various registrations for non-residents such as registration with foreign regional registration office (FRRO), permanent account number (PAN) etc.

We provide a comprehensive analysis on the tax and regulatory implications on seconding an expatriate in India. The advice usually covers the Permanent Establishment issues, tax efficient salary structure advice, applicability of social security contributions, foreign exchange issues and other tax compliance requirements.

Employment Tax is the tax withheld, charged or levied on the payroll of an employer. This includes all gross salaries, wages, perks or any other forms of remuneration paid to his or her employees. This tax is charged without taking into consideration the employee’s domicile, family status or any other individual circumstances. In short, Employment taxes are taxes required to be paid or withheld by an employer on behalf of his or her employees.

Direct Tax Representation in India requires a comprehensive approach involving people with a sound understanding of law and rules thereon; and tactful handling at the appellate level. We have a dedicated team of specialists to offer effective, practical solutions to clients focused on managing/resolving direct tax disputes.

Several multinational enterprises have entered the boundaries of India resulting in colossal influx of foreign direct investment (FDI) in India. Also, since the advent of liberalization, Indian entities have made overseas direct investment in diversified countries to capture global opportunities. We provide advisory services for corporate structuring and planning, Double tax relief and tax treaties interpretation, outbound and inbound investments, compliance related to foreign remittances, transfer pricing and representation in assessments.