Tax Strategy and Compliance
Our specialist tax partners have a responsibility to ensure that the clients' tax bill is optimized and they do not pay any unnecessary taxes. This involves a complete understanding of the ever-changing tax laws which offer innumerable tax optimization opportunities in the form of deductions, exemptions and claims for losses and expenses.
Our knowledge plays a pivotal role in tax planning, advisory and compliance services. Our regulatory compliance services ensure that the clients attain a high level of stringent tax law compliances.
Tax Representation
We provide representation services to client's ranging from assessment to administrative and appellate stages. We have competence and resources to serve clients at all levels of appellate stages ranging from Appellate Commissioners, Income Tax Appellate Tribunals.
International Taxation
With the globalization and integration of economies large corporations are operating in different tax regimes with each
one of them vying for their share of the corporations profit pie in taxes. The end result can often be paying taxes in multiple tax jurisdictions on the same income.
We assist the foreign client's in entity structuring for Indian forays, transaction structuring, advising on the agreements and contracts from tax perspective, understanding and advising on treaty benefits, regulatory compliances and establishing sound global taxation policies.
Transfer Pricing
In India, transfer pricing is a relatively new but fast emerging field. Transfer pricing is a complex subject and impacts every area of business – ranging from associated party purchases, sales, financing instruments, loans, investments, marketing, distribution, use of tangible and intangible assets, etc... The tax regulators view the international transactions between associated enterprises with a lot of skepticism and are able to raise tax issues which have huge tax ramifications. NBTA tax team offer advisory services on transfer pricing documentation which are regulatory compliant. Besides, we also render services in areas of transfer pricing study and statutory reporting and representation before the transfer pricing officer.
Indirect Taxes
GST Advisory and Compliance Services
Our GST advisory and compliance services encompass a comprehensive suite of support tailored to help businesses navigate the complexities of Goods and Services Tax (GST) regulations. Our services typically begin with a thorough assessment of the client's GST requirements and compliance status. We provide guidance on GST registration, classification of goods and services, and determination of tax liabilities. We also assist in preparing and filing GST returns, ensuring accuracy and compliance with regulatory requirements. Additionally, We offer expertise in GST audits, investigations, and dispute resolution, helping our clients address any compliance issues effectively. Furthermore, we stay abreast of changes in GST laws and regulations, providing timely updates and strategic advice to mitigate risks and optimize tax positions. Our services aim to streamline compliance processes, minimize tax risks, and maximize operational efficiency for businesses.
Custom related advisory Services
Customs-related advisory services encompass a range of support aimed at assisting businesses in navigating complex customs regulations and procedures. Our services typically begin with an assessment of the client's specific needs and requirements, followed by tailored advice on import/export compliance, tariff classification, valuation, and customs documentation. Our team also provide guidance on customs duty optimization strategies, such as free trade agreements or customs duty drawback programs. Additionally, we offer assistance with customs audits, investigations, or disputes to help resolve any issues efficiently. By leveraging our expertise in customs regulations and trade practices, our advisory services aim to streamline cross-border operations, minimize compliance risks, and maximize cost savings for our clients.