Income Tax Advisory
Our Tax Advisory services provide 360-degree solutions to all the tax related aspects of the business. Today, we stand among the major providers of Business Tax Advisory Services in India. With a specialized team of CAs and tax professionals, we provide the best Income Tax Advisory services.
The complex and ever-changing tax laws require businesses to be pro-active with their tax planning and compliance systems. Businesses today realize that effective tax-planning strategies can minimize tax incidence and could be deal-clinchers in many business activities.
We, TECHWORM SOLUTIONS, are being considered as one window for any type of Direct or Indirect tax matters. Our mission is to provide all solutions related tax laws under one roof to our clients, whether the one is corporate entity or non – corporate entity. The business and tax landscapes have changed dramatically, and the pace and complexity of change continues to increase. We can help you navigate this shifting landscape. Governments are tempering the need for revenue with increased competition for labor and capital. Tax authorities are adapting their enforcement strategies, focus and policies in response to the changing dynamics of business. Companies are balancing competing priorities, ensuring they maintain compliance while adding value. We can assist you with these critical issues in today’s tax environment
Types of Taxes..!!
Direct taxes are those which are paid directly to the government by the taxpayer. These taxes are not paid deducted and paid on behalf of the taxpayer. It’s imposed on the people and organizations directly by the government. This tax liability has to be paid by the taxpayer in question and cannot be transferred to any other entity for payment.
Indirect tax is a type of tax collected by the government from an intermediary such as manufacturer or retailer. The eventual burden of the tax falls on to consumers who buy goods and services from the intermediary, as the intermediary applies indirect taxes on the product in the form of Value Added Tax (VAT), service tax, sales tax etc.