A. Compliance Coverage

• Income Tax
• Service Tax
• VAT
• Excise Duty
• FEMA
• STPI & SEZ Regulations
• Companies Act
• Other Applicable Laws

B. Key Compliance Challenges Faced by CFOs

• Lack of real-time compliance visibility across entities and states
  Impact: Leads to reactive and delayed decision-making
• Unclear understanding of applicable laws and requirements
  Impact: Increased risk of penalties due to non-compliance or partial compliance
• Inadequate documentation for tax filings
  Impact: Higher chances of additions during scrutiny assessments
• High dependency on individuals or specific teams
  Impact: Difficulty in performance evaluation and potential cost inefficiencies
• Complex coordination with multiple consultants across India
  Impact: Reduced team productivity and increased legal & professional costs

C. Benefits Experienced by Our Clients

• Real-time compliance tracking with multi-dimensional insights, providing confidence to CFOs and leadership
• Annual compliance review based on business nature, along with regular updates on regulatory changes
• Comprehensive documentation support during tax filings, simplifying scrutiny assessments and audits
• System-driven and process-oriented approach, reducing dependency on individual expertise
• Single-window solution for pan-India compliance, improving efficiency and reducing costs by up to 20%

D. Scope of Work

• Computation and timely deposit of periodic tax liabilities
• Optimization and utilization of available tax credits
• Preparation and filing of tax returns
• Support during assessment proceedings with detailed documentation
• Handling and management of statutory forms
• Assistance during statutory, tax, and internal audits
• New registrations and closure/surrender of existing registrations