Tax Consultants in Gurgaon

Tax consultants, referred to as a tax advisers and are trained in tax law. They understand the regulations regarding business and individual taxes and advise clients on how to comply with both federal and state tax legislation.

Duties and Responsibilities of TAX Consultant

Tax consultants provide their clients with financial and tax-related advice. They meet with clients over the phone and in-person to discuss their clients' tax situations. They educate their clients on tax options, including how to legally lower tax liability or how to compute taxes based on their investments. Tax consultants might prepare and complete client tax returns and assist clients in finding the right deductions, credits and adjustments based on their financial situation. Tax consultants must be well-spoken and have excellent communication skills since they deal with clients and other professionals on a daily basis. Having analytical and math skills are essential to this job.

            

ARS Business Consulting is a company of Tax Advisor Ravi Saini & working as a tax consultants in Gurgaon, tax consultant in Manesar Gurgaon, Sales Tax Registration Consultants in Gurgoan, Service tax Registration Consultants in Gurgaon & income tax consultants in Gurgaon. He is Legal and Tax adviser of many companies and individual’s working in this filled science 2008 work. You can also join to Advocate Ravi Saini for legal and taxation related solution for your company.

Basic Information for valuable viewers.

FY 2015-16 Income tax rates slab are:-

    

Type of Taxes in India:-

Direct Taxes:-
These types of taxes are directly imposed & paid to Government of India. Direct taxes, Which are imposed by the Government of India like:-
INCOME TAX
CORPORATE TAX
WEALTH TAX
GIFT TAX
ESTATE DUTY
EXPENDITURE TAX
FRINGE BENEFIT TAX

Indirect Taxes:-
When liability to pay a tax on one person and the burden of the tax falls on some other person, the tax is called an indirect tax.

Sales Tax:-

Sales tax charged on the sales of movable goods. Sale tax on Inter State sale is charged by Union Government, while sales tax on intra-State sale (sale within State) (now termed as VAT) is charged by State Government.
Sales can be broadly classified in three categories. (a) Inter-State Sale (b) Sale during import/export (c) Intra-State (i.e. within the State) sale. State Government can impose sales tax only on sale within the State.
CST is payable on inter-State sales is @ 2%, if C form is obtained. Even if CST is charged by Union Government, the revenue goes to State Government. State from which movement of goods commences gets revenue. CST Act is administered by State Government.

Service Tax:-

Most of the paid services you take you have to pay service tax on those services. This tax is called service tax. Over the past few years, service tax been expanded to cover new services.
Few of the major service which comes under vicinity of service tax are telephone, tour operator, architect, interior decorator, advertising, beauty parlor, health center, banking and financial service, event management, maintenance service, consultancy service.
Current rate of interest on service tax is 14%+0.5%=14.5% this tax is passed by service receiver to the service provider. Any govt. imposed this tax from Service Provider on the behalf of service receiver.

If you have any questions of audit and taxation do not hesitate to contact us at 9891869922.

Best regards,
ARS Business Consulting team,
Gurgaon, HR – India