Every business has a tax, and every tax has compliance. Appropriate compliance management goes a long way in ensuring that the tax obligations of a business are addressed, and the tax costs are predictable. Compliance reporting often becomes the primary source of reporting information to the Revenue Authorities, on which further tax inquiries are based, which makes it one of the most critical functions in the tax environment.
The global business environment is becoming increasingly dynamic, and the tax and regulatory environment are under stress to keep pace. Additional compliance measures are being introduced in India from time to time to bring newer transactions and information under the tax net – with the objective that better tax administration requires more and better information.
Our Business Tax team is geared to help you in effectively handling your business tax compliance and advisory needs. With our rich experience involved in the history and progress of the Indian tax law and administration, we help you build stable and sustainable tax strategies combing the technical, practical, and commercial aspects.
We are pleased to present the latest edition of Tax Street – our newsletter that covers all the key developments and updates in the realm of taxation in India and across the globe.