INDIAN DIRECT & INDIRECT TAXATION ADVISORY SERVICES

Consultancy on

---all Income Tax matters

---Corporate Tax planning

Consultancy on Value Added Tax(VAT).

Customs & Excise Advisory and representation in Tribunals.

Consultancy on Service Tax matters

Transfer Pricing report

INDIAN COMPANY LAW MATTERS

Incorporation of Companies

Maintenance of Statutory Register and Records

Secretarial Services

Internal Management Control / Consultancy / Stock and Asset Verification

Transfer Pricing Documentation

STATUTORY COMPLIANCE

We customize the payroll related activity according to applicability of the organization and provide the following services under various statutes as applicable to you:

> Statutory Registration, if required

> Monthly deductions and filing

> Annual/half-yearly statement preparation and filing

> E-TDS Return for Non-Salary

We provide statutory compliance under the following Acts.

> Bonus & Gratuity Act

> Factories Act

> Shop & Establishment Act

> Contract Act

> The payment of wages Act, 1936

> The Tamilnadu Labour Welfare Fund Act, 1972

> The Workman's Compensation Act, 1928

> The Industrial Employment (Standing Orders) Act, 1946

> The Minimum Wages Act, 1948

> The Industrial Dispute Act, 1947

FINANCIAL STRUCTURING FOR COMPANIES UNDER FOREIGN DIRECT INVESTMENT LIKE FOREIGN EQUITY, DOMESTIC EQUITY, DEBT ETC.

Structuring FDI Companies

Conceptualising and Structuring - Equity and Loans

Formation and Registering with the Registrar of Companies and R B I

F D I Clearances

Investment of Non-Resident and Foreigners in India and establishing unit under Software Technology Park India, under Ministry of Information Technology, on turn-key basis

CONSULTANCY ON FOREIGN EXCHANGE TRANSACTIONS

Liasion with Reserve Bank of India for necessary approval.

NRI advisory Services

FOREX Remittance advisory

The Non Resident Indians (NRIs) need information and guidance in relation to legalities and procedures as to the assets held in India and taxation of income and profit/gains on sale of assets. This is specifically related to following;

Procedure for purchase and sale of immovable properties in India and renting them out.

Procedure to file the Return of income and obtain tax exemption certificate and Permanent Account Number.

Replies to any queries on Indian Taxation, Foreign Exchange Management Act(FEMA) and Reserve Bank of India procedures and approvals.

Obtaining permission for repatriation of assets / income and assistance in compliance of repatriation procedures.

Nature of Investment Procedure

PORTFOLIO INVESTMENT SCHEME IN SHARES & DEBENTURES THROUGH STOCK EXCHANGE

FOREIGN DIRECT INVESTMENT(FDI) SCHEME

Two routes

Automatic route which requires only reporting to the RBI.

Approval of Secretariat for Industrial Assistance (SIA) / Foreign Investment Promotion Board (FIPB).

FINANCIAL STRUCTURING

Financial Structuring for New and Existing Projects

Arrangement of Long Term Project Finance like, Equity, Venture Capital, Debt.

Project Report Preparation and Liasion with Bank and other Financial Institutions for all type of Categories like, Medium Scale Industry, Small Scale Industry, Ancillary Industry and Voluntary Organisation.

Preparation of Detailed Project Report to avail financial assitance for a Resort cum Motel for a company under Built, Operate and Transfer concept.

FINANCIAL RE-ENGINEERING LIKE RESTRUCTING OF DEBTS, INTEREST DERIVATIVES, LOAN SWOPS

---Re-structuring of Loans - Derivatives.

---Lease / Operating Lease

---Group Consolidation of Treasury Funds and Investment of the same.

---Merger and De-merger

---Corporate Investments - Analysis and advisory services for better returns

---Cross Border Financing

FEATURES OF PAYROLL SOLUTIONS

> Flexible benefits/basket of allowance pay processing

> Monthly payroll and TDS computation

> Payslip generation

> Reports, bank statements, Salary JV preparation

> Attendance and leave records handling

> Disbursal of salary across the country (drafts/bank/debit/floppy uploads)

> Customized MIS to suit the needs of both HR and Finance Dept

> Query management - all queries related to salary, leave, PF, IT will be attended to via e-mail and phone

> Tax advice on emoloyee income from salary with details of tax saving investments

> Loan Management

The team for the above services are from highly experienced and expertise executives.

DUE DELIGENCE EVALUATION AND REPORT FOR TAKEOVERS, ACQUISITION, MERGER, SPIN-OFF, DEMERGER ETC

Due Deligence for Merger of Companies

---Company buy-outs.

---Takeovers

---Spin-off

---Demerger

Analysing Capacity of the Suppliers and Credit Worthiness

SPECIAL ECONOMIC ZONES

SEZ are like a separate island within country. These are treated as if they are outside India for customs purposes. Goods can be brought in SEZ without payment of customs duty or excise duty. Supplies to SEZ from other parts of India are treated as 'Exports' and are entitled to all export benefits.

> Establishment of SEZ with approval from Board of

Approvals.

> Notifying an area as SEZ by Central Government.

> Board of Approval to approve establishment of SEZ.

> Relief from Income Tax, Customs Duty, Service Tax,

Central Sales Tax and Excise Duty etc.,

> Procedure for Establishment of a Unit in SEZ.