Direct Tax

Dealing with multilayered tax issues requires multitalented advisors

Whether you are contemplating restructuring your business or coming to terms with frequent changes in tax regulations, our national network of experienced tax professionals can help you make sense of today’s world and provide you with an insight into how to best work with the taxman to meet your business needs.

Our multi-disciplinary tax teams help you in corporate tax advisory and tax compliance.

Corporate taxation is an essential aspect of doing business in India and its importance cannot be undermined. The Indian Government has gradually reduced corporate tax rates over a decade of liberalization of the Indian economy. The emphasis is now shifting towards enforcing compliance and expanding the tax base with e-governance and digitization gaining rapid importance. Taxation is also used as a tool to promote investments in identified industry sectors, thereby spurring overall economic growth. As such, understanding the impact of developments in tax and regulatory aspects and strategically using them to the benefit of Indian business activities is becoming increasingly important.

• You wonder how the new Direct Taxes Code impacts you
• You are a multinational looking at establishing an Indian business presence
• You are an Indian entrepreneur looking to setting up business in the country
• You are planning to expand into new business sectors
• You have planned a heavy capital outlay in the existing business
• You are concerned about cash flow and wish to examine tax efficiencies
• You want to ensure that your tax function is aligned with your business plan
• You want to know what impact further tax and regulatory changes will have on your business

We can help you develop tax efficient strategies and manage your tax exposures considering your individual business needs. We will keep you abreast of new developments in the Indian corporate taxation arena that affect your business.

• Entry strategy from a tax and regulatory perspective
• Choice of appropriate form of entity for setting up Indian business activities
• Optimum use of corporate tax incentives in proposed business activities
• Tax planning strategies for profit and dividend repatriation
• Help resolve dilemna uncertain tax positions

The amount of taxes paid by businesses is coming under increasing scrutiny. You have just received a letter from the taxman. Is it a routine enquiry? Or the start of something more serious? No one wants to endure the expense and loss of time that a tax authority enquiry entails. As the complexities of businesses increase, the amount of time spent by professionals in cracking up the law codes increases. However, tax and regulatory systems of even the most developed countries cannot keep pace with the developments happening across each industry as businesses emerge day by day. These also bring out the requirements for new compliances and the challenges of meeting them every single day.New Direct Taxes Code requires businesses to gear up their systems to align with enhanced agreements. Are you there?

• You have to make payments (local / overseas) to a host of parties
• You are concerned about effective compliance of withholding tax requirements
• You have problems with reporting of multilayered tax issues
• Taxmen are asking tricky questions, including treaty applicability
• Your stands are not accepted by the taxmen
• You have a significant litigation history that you wish to curtail
• You are defending a tax authority challenge
• You want to ensure compliance with the listing agreement

• Advising on withholding tax obligations on payments
• Obtaining no-objection certificates
• Assistance in filing various Tax Returns
• Assistance during Tax audit by revenue authorities
• Corporate tax litigation assistance, including representation services
• Obtaining advance rulings
• Assistance in enhancing your ERP systems to meet Tax management requirements