Routine Services

Book Keeping

We will maintain the books of accounts of the company in your premises. The company shall provide the Software for the accounting and the same shall be updated on a day-to-day basis. The company shall also be responsible for the necessary security and backup facilities.

Pay Roll

The pay structure of the employees shall be formulated and the payment shall be made to the employees every month. We recommend that the employee's bank accounts be opened in the same bank where the company holds the bank account so as to facilitate the transfer of salaries to the individuals employees accounts.

Every month a salary statement shall be prepared taking in to consideration the Provident fund contributions, profession tax, income tax deductions and will be submitted for approval. The same can be paid to the employees by way of an account transfer.

A pay slip for individual employees shall be generated every month and will be handed over to them.

Tax Deduction at Source

The payment of salaries above the limits specified under the Income Tax Act 161 requires TDS deductions. The same is to be remitted to the Central Government within a week from the date of deduction of Tax. We shall handle all the work pertaining to TDS i.e., Deduction and payment of taxes of employees and the vendors and others.

Filing of Sales Tax and Professional Tax Returns

The profession tax has to be deducted from employees salary and paid to the government. The sales Tax return for the month has to be filed with the 20th of next month. We will file these returns on time every month.

Liaison with Bankers

We will also undertake to co-ordination with Bankers for obtaining remittances and payments in foreign currency and related matters.

MIS for Management

We will also submit MIS information like Balance Sheet, Profit and Loss Account, Trial Balance and such other reports necessary for the management.

STPI Returns filing and Customs Procedures

We will also undertake the monthly returns filing and maintenance of Bond Register as required by STPI. The formalities in respect of imported goods and payments to be made in respect of import and filing of necessary documents with customers and STPI authorities.

Liaisoning with Statutory Authorities

We will undertake any liaison work required with the Customs, Income Tax and Sales Tax authorities.

Income Tax Returns

We will file the income tax returns of the company and employees every year. However, Tax audit and certifications will be charged extra.

Registrar of Companies

We will undertake ROC related matters, filing returns, search report, Annual Reports, Annual Return and other documents required as and when required.

Statutory Registers

We will maintain the Statutory Registers required under the provisions of companies act like Minutes, directors registers, members registers.

Personal Income Tax Returns

We will file the personal income tax returns and suggest tax planning schemes available for the key management team.

Others

We can also handle all other related matters and assist in matters related to tax planning, insurance, saving and investment schemes available for tax rebates, etc.,

Specialized Services

Audit

Services related to FEMA