There have been revolutionary reforms in the Indian Taxation Systems in the last few years. For every business to cope up with all these changes has became a never ending challenge.
Expert knowledge and understanding of our team ensures minimum tax exposure in timely manner for complex legislations
Indian tax laws are one of the most complicated tax laws globally. Add to it consistent and frequent amendments in accordance with the evolving economy. Imperative compliance regulations in strict timelines are the need of the hour.
Till very recently Service tax and Excise were primarily the components of Indirect tax. However these have been replaced by the recent advent of Goods and Service tax (GST) in India. This has made the indirect tax environment more complex and challenging. Our team facilitate navigation of GST law in seamless manner and effectively handle the challenges in the various compliances with in-depth knowledge of the subject.
We provide specialised services in Direct tax and Indirect tax as follows:
Planning and AdvisoryAnlysing overall tax strategy keeping in view the ever evolving dynamics of Indian tax legislation. Reviewing transactions including transactions between the group entities, building tax management strategies and risk mitigation strategies, conduct tax due diligence and undertake tax efficiency analysis of transactions.
Cross Border Taxation
Advising on tax efficient holding structures, business models mitigating risk of Permanent Establishment, Business connection and Principal place of business. Assist in tax efficient fund repatriation and improve cash flows by obtaining lower tax withholding certificates. Exploring implications of Multi lateral Instruments on the current and prospective transactions.
Reviewing, building and managing a robust transfer pricing policy and compile documentation aligned to global transfer pricing practices as per Indian legislations and International Standards. Assisting clients on Safe Harbour rule and to meet documentation and reporting requirements viz. Country by Country Reporting 'CbCR', Master File and Local file.
Expatriate and HNIs
Specific services for handling affairs of HNIs and international employees i.e. developing tax efficient compensation packages, advising on Investment options and social security obligations, developing and supporting for stock option plans, obtaining no objection certificates and filing tax returns.
We assist in regulatory compliances and advisory on critical issues under Goods & Services tax (GST) and other State and local body taxes. We advise on GST implications on transactional issues, cross border transactions, tax classification and transaction structuring for achieving tax efficiency.
Representation and Dispute Resolution Our teams proactively manage risks and avoid conflict with Indian revenue or appellate authorities across the country. Our Partner-led representations assist in the entire cycle of tax litigation i.e. drafting and submitting replies/appeals, appearing before the revenue officer/first/Second appeals and assisting senior counsels in representing before judicial bodies.