IND-TAX CONSULTANTS

Services

At the Ind-Tax, we have established a set of values that apply to everyone in our organization. These are the values that underpin our Professional Standards and inform our overarching corporate culture. These standards are of utmost importance. They foster and maintain the productive, healthy and happy relationships we believe our employees and clients need and so deserve.

The Following services to our clients

Indirect Taxes

The Indirect Tax regime in India comprises a plethora of laws, rules and regulations at the central as well as the state level. Our specialist team stays abreast of all the developments on tax policies, administration and key judicial pronouncements, thereby identifying threats and opportunities for providing innovative tax solutions to our clients.
In general we advise and provide support on each and every issue related to Indirect taxes with the aim to provide a hassle free tax compliance to our clients Our 360 degree approach of advice and support ensure minimum tax out go in cash and 100% compliance of the legislative provisions.

Our service offerings encompass the following Indian legislation and rules:
• Chapter V of the Finance Act, 1994 (Service Tax Legislation)
• Central Excise Act, 1944
• The Customs Act, 1962
• Foreign Trade Policy and SEZ Regulations
• Central Sales Tax Laws
• State Value Added Tax, Professional Tax, Entry Tax.
• Goods and Services Tax
• Anti dumping duty legislative Provisions

Our special expert team of professionals are well versed in the Goods and Service Tax laws and the related Rules, and would provide our clients an all encompassing right from the stage of registration, till the filing of returns with minimum transactions of reconciliation.

Corporate Tax

Our Tax Knowledge & Solutions Team is a dedicated group of professionals, with rich experience on Tax and Regulatory matters. Our team stays constantly abreast with changes in tax policies, administration & regulations and domestic & international jurisprudence. We endeavor to identify potential threats & opportunities and advise on appropriate strategies to mitigate exposure and optimize tax incidence on our clients. We help businesses to maximize value by identifying and implementing comprehensive strategies for corporate, international and local taxes helping to ensure the clients that the cascading effect of all taxes together is minimal.

The firm provides clients with a complete spectrum of tax support services:
• Advisory services in terms of the Indian Income Tax Laws
• Advice on tax planning opportunities to optimize tax incidence
• Assistance in tax compliance
• Advice on business re-organization from a fiscal perspective
• Preparation of Tax Returns and filing the same

Litigation support

Our team provides clients with a complete range of litigation support services, including:

Our specialized service offerings are as follows:
• Advice to multinational companies on setting up a business presence in India in the form of a Representative Office, Branch Office, Project Office, Joint Venture Company etc. and assistance in obtaining requisite approvals from appropriate regulatory authorities.
• Advice on current government policies in relation to Foreign Investment (inbound) and Repatriation.
• Planning, advice and assistance to ensure compliance/obtain approvals under various provisions of Foreign Exchange Management Act (FEMA) from Reserve Bank of India/FIPB etc.

International Taxation

Our International Tax specialists offer services that successfully align all the different areas of taxation into a benefit-driven strategy that is reflected favorably in the various financial parameters. Our people help clients to develop and execute business strategies quickly and effectively, with strong accountability and governance. Our practitioners blend local country technical knowledge with appropriate regional and global insight on the latest developments in tax policy, legislation and administration.

Our range of services include:
• Advice on cross border transactions
• Advice on double tax treaties and foreign tax systems/implications Tax efficient structuring of cross border transactions
• Advisory services in relation to the improvement/effectiveness of the cross border ‘Supply Chain’ process.
• International tax dispute resolution

Corporate Law and Secretarial Support

Corporate law today is a complex piece of legislation that governs the activities of not only domestic companies but also that of non-domestic companies setting up shop in India. At every step, corporates have to comply with the plethora of provisions contained in legislations such as Indian Companies Act and SEBI Regulations, in case of listed companies.

The firm not only provides advice on ensuring compliance with these regulations but also provides secretarial support with respect to incorporation of Companies/Subsidiaries anywhere in India and even outside India in countries such as Mauritius etc.

Our specialized service offerings are as follows:
• Advice to multinational companies on setting up a business presence in India in the form of a Representative Office, Branch Office, Project Office, Joint Venture Company etc. and assistance in obtaining requisite approvals from appropriate regulatory authorities.
• Advice on current government policies in relation to Foreign Investment (inbound) and Repatriation.
• Planning, advice and assistance to ensure compliance/obtain approvals under various provisions of Foreign Exchange Management Act (FEMA) from Reserve Bank of India/FIPB etc.

Transfer pricing

Transfer pricing regulations in India have emerged as one of the most important and critical areas of tax policy and administration, tax planning and tax controversy for global corporate setting up business establishments in India. We assist companies in decision making at various stages of inter-company transactions – planning, policy making, strategy, implementation, compliance and justifications.

Service Offerings in Transfer Pricing
Our team of professionals provide comprehensive solutions tailored to your business objectives after understanding the exact nature and the extent of the international transactions undertaken by the Company. We have a specialized Transfer Pricing team that is competent to assist you in the following areas of Transfer Pricing:

• Transfer Pricing Documentation Services

• Preparation of comprehensive Transfer Pricing study, which includes:

A fact-finding exercise, where an analysis is conducted of the functions performed and risks assumed by each entity.
Evaluation of prescribed Transfer Pricing Methods and selection of the most appropriate Transfer Pricing Method and identification of the tested party or parties.
Undertaking a search for comparable companies /comparable transactions using domestic/ global databases and conducting economic and financial analyses on the selected comparables.
Preparation of a comprehensive Transfer Pricing Documentation incorporating the above steps.
Arranging issuance of the Accountant’s Report in Form 3CEB as required under Indian Income-tax Act, 1961.

Transfer Pricing Strategy Services

• Undertaking Transfer Pricing Planning studies for determination of the appropriate Transfer Pricing margin for newly set up companies/new business lines/business units/new transactions.
• Transfer Pricing diagnostic reviews.
• Review of Transfer Pricing policy for assessing possible transfer pricing risks.
• Review of the overall supply chain of the organization and recommending a tax efficient/ Transfer Pricing compliant supply chain structure.
• Reviewing inter-company agreements from a transfer pricing perspective.
• Structuring cost sharing arrangements for domestic and international inter-company transactions.
• Valuation of intangible assets from a Transfer Pricing perspective.

Entry Level Strategy

As India continues to be one of the most favoured destination for foreign investment by investors from different countries, our team of experts assist clients in addressing complex cross border tax challenges with respect to structuring of investments and transactions, judicious use of treaties, business organizational structures, and seamless compliance with laws in all the countries where the transnationals operate.

Our specialized service offerings are as follows:
• Advice to multinational companies on setting up a business presence in India in the form of a Representative Office, Branch Office, Project Office, Joint Venture Company etc. and assistance in obtaining requisite approvals from appropriate regulatory authorities.
• Advice on current government policies in relation to Foreign Investment (inbound) and Repatriation.
• Planning, advice and assistance to ensure compliance/obtain approvals under various provisions of Foreign Exchange Management Act (FEMA) from Reserve Bank of India/FIPB etc.

Corporate Financial Advisory

Finance forms a basic ingredient for any growth objective. We have the right blend of people with requisite skills to render corporate finance services. Our services include the following:

• Fund raising – private equity and capital market and related advisory

• Advisory to Private Equity funds on fund organization, identification of opportunities, due diligence, negotiations, documentation support and transaction management services
• Debt and private equity syndication
• Structured Finance
– Domestic or cross border mergers & acquisitions and joint ventures financing
– Structured products for promoter financing
– Infrastructure, real estate funding, asset financing, project financing
– Structured products for balance sheet, capital structure and liquidity management
– Convertibles, ECBs & equity linked products
• Business valuations & fair value opinion
Our team is fully equipped to devise financing solution, arrange finance from various financial institutions, negotiate term-sheets and assistance in closure of documentation for seamless conclusion of the transaction.

Risk Advisory

The firm provides Risk Advisory services to assist clients in enhancing risk management and stakeholder conformance while providing the foundation to achieve greater business performance. Our Risk Management team helps in better identifying, measuring and managing risk and enhancing the reliability of control system and procedures.

Our Risk Advisory Services assist in mitigating the exposure to the business risks by proactively identifying the blind spots and helping the organization use them to its advantage. Our Services are specially designed to address the clients’ varying organizational needs. From enterprise-wide risk initiatives to corporate governance programs, to specific niche service solutions, our team will work with you to create strategic, practical and effective processes to minimize organizational risks and maximize business opportunities.

Our specialized service offerings are as follows:
• Advice to multinational companies on setting up a business presence in India in the form of a Representative Office, Branch Office, Project Office, Joint Venture Company etc. and assistance in obtaining requisite approvals from appropriate regulatory authorities.
• Advice on current government policies in relation to Foreign Investment (inbound) and Repatriation.
• Planning, advice and assistance to ensure compliance/obtain approvals under various provisions of Foreign Exchange Management Act (FEMA) from Reserve Bank of India/FIPB etc.

Audit & Assurance

Our audit approach, at the leading edge of best practice, is tailored to suit the size and nature of organization and draws upon your extensive industry knowledge. Our deep understanding of regulation and legislation means we can also help with complex reporting issues involving IND AS, IAS, US GAAP and International Financial Reporting Standards (IFRS).

The firm has the knowledge and experience necessary to help our clients with complex financial accounting issues related to matters such as valuations, pensions and share plans, listing, IFRS conversions and corporate treasury and company secretary functions.

The audits and other assurance services are provided, based on:
• Use of sound and innovative proprietary systems and methodologies developed in-house
• Executed by a highly trained team of staff drawn from a pool of Audit, Forensic, Information Technology and Information Systems Audit & Security experts
• Backed by extensive deployment of CAAT and other Information Technology tools

Personnel/Expatriate Tax

Our team of expert professionals helps clients realize the value of their people by developing unique solutions to attract, manage and retain employees.

We offer services in the areas of Compensation and Equity Incentives, International Employment Solutions, People Strategy & HR Management and Retirement Benefits. We specialize in assisting clients with employee related matters related to:

• Tax effective Compensation Structuring
• Payroll Services
• Social Security Compliance and Advisory
• Recruitment Advisory

IFRS / Ind AS Services

The firm provides comprehensive and supported solutions for the seamless transition to IFRS / Ind AS and assist in appropriate treatment and disclosures under IFRS Ind AS. We work closely with our clients and devise and implement appropriate methodology and transition structure suited to the individual requirements of our clients. A qualified and experienced team, solution oriented approach and prompt access to technical experts are the strengthening pillars for successful execution of our projects

• The services include assisting our clients in identifying specific conversion requirements based on a detailed analysis and assessment of the business model and existing financial reporting requirements, design and planning, impact on various financial parameters and consequent implementation of the new reporting requirements.

• The firm also carries out an independent post implementation review to assist the management in a proactive assessment of the impact on the business and financial models with respect to the fundamental issues and disclosure norms under IFRS / Ind AS.

Corporate Governance

We provide advisory and support services to enhance the levels of corporate governance within the organization. This includes:

• Services designed to help company’s setup ethics environment, and then continue to effectively follow them.
• Assist boards and various sub-committees

We offer a suite of strategic, outsourcing and industry-focused services that help build long-term value for businesses. Our technology, process and environment competencies, effectively combined, can support your organization in managing and mastering risk.

GST Services

Our Special GST Help Desk consisting of Experts in GST who would help the clients in the following areas:

• Services designed to help company’s setup ethics environment, and then continue to effectively follow them.
• Assist boards and various sub-committees

We offer a suite of strategic, outsourcing and industry-focused services that help build long-term value for businesses. Our technology, process and environment competencies, effectively combined, can support your organization in managing and mastering risk.

Insolvency Professional

Our highly qualified, innovative and experienced team includes, chartered accountants , Cost and Management Accountants, Company Secretaries and MBAs. We understand that a distressed business can be rescued, rehabilitated or reorganized to enhance value. We work together with our clients, whether debtors in default or creditors to identify, in order to adopt and implement the best solution. We strive to maximize recovery, protect business or investment of our client, however where a client’s distressed situation cannot be resolved through a recovery platform, we work towards formulating strategies to guide our clients through the process of insolvency.

In order for us to provide seamless and integrated service for our clients, we works closely with specialists in related practice areas including finance, corporate, real estate, employment, tax, regulatory, capital markets and litigation.
Our expertise covers legal and commercial advice on matters including:

• Pre Insolvency/ Distress Advisory;
• Negotiations with creditors for settlements;
• Negotiations / Arrangements with creditors and members;
• Corporate Restructuring based on Mergers/ Demergers/ Hive off/Take over/Acquisitions;
• Identifying strategic investors;
• Devising an efficient and viable restructuring model;
• Distressed debt trading;
• Insolvency filing requirements;
• Insolvency proceedings;
• Financial Due Diligence;
• M&A in Distress;
• Portfolio Reviews; and,
• Liquidations/Winding up

Seminars

We also conduct seminars on various topics relating to Corporate & Industries. Recently we have been engaged in conducting taxation seminars  at Various Places, thereby bringing GST awareness. We also provide sector specific GST requirements, lectures & discussion.