- Obtaining Advance Rulings on debatable issues.
Obtaining Advance Rulings on debatable issues involves seeking clarification from tax authorities on the interpretation and application of tax laws to specific transactions or situations. This proactive approach provides certainty to taxpayers regarding their tax obligations and helps mitigate the risk of disputes or assessments.
- Consultancy/ advice on FEMA/RBI matters.
Consultancy/advice on FEMA/RBI matters entails providing guidance and expertise on compliance with foreign exchange regulations and Reserve Bank of India (RBI) guidelines. Consultants assist businesses in navigating cross-border transactions, foreign investments, and regulatory requirements to ensure adherence to FEMA and RBI regulations, facilitating smooth operations in international trade and finance.
- Filing Income Tax/ Wealth Tax Returns
Filing Income Tax/Wealth Tax Returns involves preparing and submitting tax documents accurately and timely to the respective tax authorities. This ensures compliance with tax laws and regulations, allowing individuals and entities to fulfill their tax obligations and avoid penalties.
- Advice on making investments
Advice on making investments involves providing personalized guidance and recommendations tailored to an individual's financial goals, risk tolerance, and investment preferences. Consultants analyze market trends, asset classes, and investment opportunities to help clients make informed decisions and optimize their investment portfolios for long-term growth and wealth accumulation.
- Issuing certificate for repatriation of income / assets from India.
Issuing certificates for repatriation of income/assets from India involves verifying compliance with Foreign Exchange Management Act (FEMA) regulations and Reserve Bank of India (RBI) guidelines. These certificates certify that repatriated funds comply with applicable laws, facilitating smooth and legal transfer of income/assets from India to overseas destinations.
- Making application to RBI for various matters including sale and purchase of residential and commercial properties.
Making applications to RBI for various matters, such as the sale and purchase of residential and commercial properties, involves navigating regulatory requirements and seeking approvals in compliance with Foreign Exchange Management Act (FEMA) regulations. These applications facilitate legal transactions and ensure adherence to RBI guidelines, streamlining property transactions for individuals and businesses.