Compliance is complex and the dynamic changes in the regulatory world only add to the complexity. It is important for every company to adapt to the changing regulatory landscape in order to avoid the penalties which come as an after effect in case of failure to do so. With our proven expertise we ensure your company stays on top of the RBI, SEBI and FEMA regulations.
It is imperative for every organisation to maintain high standards of governance and policies. This instills in us a responsibility to set the ground controls right. We undertake to establish and support a strong system of Code of Conduct in order to protect the interests of the organisation and all the stakeholders involved.
While we ensure you are completely compliant which paves a way to increased profits, we make sure you recognise that success and prosperity is best achieved in being socially conscious and fulfilling your Corporate Social Responsibility (CSR).
The very base of accounting needs to be intact and for this reason, we handle the different aspects of bookkeeping with precision, integrity and utmost honesty. We are equipped to deal with a large volume of Accounts Receivables, Accounts Payables, Cash & Bank transactions, Maintenance of the General Ledger and provide regular reconciliations without giving in to a margin of error.
We provide customised MIS reports to improve any one or several aspects of the management, to ascertain profitability, analyse avoidable costs and offer recommendations. Besides merely providing reports, we help you interpret those results in order for the management to take informed business and financial decisions.
A budget is imperative to plan for the expenses of the company, to ascertain the targets and to understand if the organisation is meeting such targets. However, preparing budgets is no easy task. We identify individual streams of income and the performance of cost centres while ascertaining the impact of assets and operating expenses. We create Master, Operating, Cash flow and Financial Budgets, that take care of each key aspect of the financial health.
The Treasury holds the key to unlocking the true potential of the organisation, and with our strategically developed working capital cycle and cash management techniques, you stand to gain tremendously. Our well-rounded perspective and analysis of different potential areas identifies where the performance from investments and financial securities could be improved upon. Thus, you improve your funding quotient for future projects and adjust for volatilities in the market.
The Financial Statements (FS) have varied applications to different users, and a commitment to preparing a true and fair set of Financial Statement rests with the management.
We help you in preparing these FS including the Income statement, Balance sheet, and Cash flow statements (with their schedules), that reflect the true health of the company. We also understand reporting requirements under other laws and thus assist in preparation of the FS under IFRS, US GAAP and Ind AS.
Adherence to Labour law guidelines is absolutely critical to the company, as employee costs account for a large part of the expenditure.
In order to accurately compute the relevant costs, it is imperative to adhere to the various Labour laws in practice. These include (but not limited to) Shops & Establishment Act, Minimum Wages Act, Payment of Bonus Act, Labour Welfare Fund etc. We ensure compliance under the various Labour laws and aid the management with any assistance they need.
Social security benefits (EPF & ESI) give employees the shield while in employment and even after. We help you provide the umbrella your employees need in accordance with the law. .We support the management in the entire process of monthly salary disbursement- right from capturing the attendance, to tax calculation and other statutory requirements.
When you decide to join hands with another company the execution complexities need to be addressed alongside managing and minimizing the risk. We help you transition with ease from who you were to who you will become by guiding you through the entire process from planning to execution.
Equipping you with all the information about the company you are dealing with will help you make an informed decision. The Due Diligence is carried out by our team of legal and finance experts who will look into the in and out of the company and raise a red flag in order to protect you from a potential problem.
Mergers and Acquisitions transactions are not a straight line segment. It's a dotted line with a few potholes. Potholes are there to be navigated over through to the other side and we help you do exactly that.
Choose the right ally!
Income tax computation is a critical aspect for every company. Since the laws and rules under the Income Tax Act vary significantly from the Companies Act, reconciling the same is often a time-consuming task.
Our services include filing the ITRs, preparing the company to be audit ready, providing valuable assistance during income tax assessments and offering the right tax advice. Our team of experts will assist you in facing the Appeals, Assessments and Litigations with thorough analysis of the facts and circumstances of each case.
One of the most critical tax issues for businesses which are scaling up and are having international operations is Transfer Pricing. Regardless of its size, an organization requires an effective transfer pricing policy.
However, most transfer pricing cases that are made up of RPTs (Related Party Transactions) and AEs ( Associated Enterprises) are unique and understanding the nuances come out of years of practice. We have a wing that specialises in TP Advisory, creates TP Reports and assists in filing Form 3CEB, and the bandwidth to support decision making, including fixing the markup line under the Cost Plus Method.
India has become home for expats and with global mobility on the uprise, expat tax assumes importance. Our mastery lies in the area of minimizing expat tax with the right knowledge and also avoiding Double Taxation.
With GST ruling the roost, many organisations are still trying to get the hang of the computation process and the filing of returns. Rest assured, we have thoroughly studied the Act.
We are abreast with the everyday developments that occur. We, thus provide assistance in filing the consolidated summary return of inward and outward supplies (GSTR 3B), return form for outward supplies (GSTR 1), Annual Return Filing (GSTR 9), and other filings such as refund applications.
The roll out of GST has created a substantial impact on the international trade of goods as well. While Custom duty is still applicable in certain cases the single integrated goods and service tax (IGST) has replaced all other taxes. In such a scenario the Foreign Trade Policy also went through a change. With our full scale knowledge we ensure you stay tax compliant and help you get bigger and better. In order to manage the workflows better and avoid working capital blockages, as an exporter you can opt for duty credit scrips. Starting from the application process to claiming the subsidy, we have got your back.
When the tax authorities think different from what you have presented, we step in and help you understand the letter and the spirit of the tax law. We help you draft appeals and provide the required expertise.
With stringent regulations and heavy non-conformance penalties being levied, organisations struggle to keep up with the varied statutory requirements and their timelines.
With our years of expertise in filing such secretarial documents that are critical to the upkeep of the business, we are adept with the manner of filing them on time. These include submitting the relevant forms and Annual reports to the ROC, assisting in the formation of committees for CSR under the Companies Act, 2013, updating statutory registers, among a host of other activities.
We are eager to discuss your business needs, and answer any questions you may have.
© Newgen DigitalWorks Pvt Ltd. All Rights Reserved | Visit our group website | Privacy policy | Terms of Use