A crucial aspect of doing business in India is corporate taxation and regulatory compliances are increasingly complex and ever-changing. It is crucial to understand the developments in regulatory and tax requirements, their impact on your business, and using them strategically to your advantage. Keeping pace with new compliances and meeting them becomes a daunting task for most businesses. In a highly competitive landscape, aligning your tax strategy to your business strategy is a critical part of optimizing profit margins.

Our services span the full spectrum of tax planning, compliance, and advisory, helping clients keep up with the tax laws and other regulatory changes. Our methods are both immersive and holistic, and everything is approached with awareness of the total tax and financial position.

Our professionals bring innovative and insightful approaches to a variety of intricate tax issues. Backed by the knowledge and resources of our robust resource bank, TASK delivers comprehensive tax advisory and compliance services designed specifically to meet your needs.

At TASK we understand that effective tax planning for enterprises requires both technical resources and in-depth knowledge of each client’s unique financial situation. Our network of experienced tax professionals can assist in resolving various tax challenges to your business and keeping abreast with tax regulations.

After many delays and missed deadlines, India is finally set to embrace Goods and Services Tax (‘GST’) from 1 July 2017. GST is perhaps the most significant and complex tax reform ever undertaken in the history of independent India.

What is GST?
GST is a transaction tax that subsumes most of the existing Indirect taxes levied by the Centre and States and may require significant realignment of operations including supply chain and logistics, pricing, procurements, accounting, and Information Technology (‘IT’) Systems.Further, a reform of this magnitude may take time to settle and the legislative process would entail frequent amendments in the law, procedures, and GST rates. This would require businesses to continuously adjust to the additional requirements thrown up by such amendments.

We have developed a strong GST team, which is assisting a diverse set of businesses in migrating to GST and ensuring seamless transition without any business disruptions. The Firm is also applying for the license to be registered as a GST Suvidha Provider (‘GSP’) so that it can assist clients with high volumes and spread out operations in meeting the GST tax compliances.