We offer value added outsourcing of accounting services to meet clients varied business requirements with complete accuracy. With the help of our team of skilled chartered accountants, we provide flexible accounting services which includes payroll accounting as per the demands of our clients, whether at local, national and international level.
Our highly experienced staff assists us in preparing annual accounts for submission. We convert client’s computerized data into our software and produce financial information in the form as per the requirement of various legislation and accounting standards. Our range of accounting and pay roll services include:
Preparation of books of accounts
Preparation of final financial statements to suite the requirements of the appropriate laws and authorities
We offer services of auditing and assurance to both private as well as public sector companies. Based on international norms and procedures, our trained professionals ensure that our cost- effective and accurate solutions exactly meet the specific business requirements of our clients. Our auditing services include:
Statutory Audits: Offered to both public and private sector companies as well as medium and small firms, our extensive experience allow us to meet the requirements of annual auditing of accounts.
Internal & Management Audits: We meet the needs of certain kind of companies who are expected by law to have an internal audit mechanism. Besides, we also meet the requirements of management of progressive businesses who desire assurance with regard to their systems and transactions.
Concurrent Audits: We meet the needs of several public and private sector banks, mutual funds etc who desire audits of all or some of their daily transactions concurrently.
Tax Audits: Our services are based on various tax laws, including income tax laws, require audit and certification for companies who fulfill a minimum turnover criteria to enjoy tax exemptions and benefits.
System & Information Systems Audits: We study & analyze systems to help design new systems and processes for better management and smoother flow of information and documents.
Investigation and Fraud Detection: Our financial services also help in detecting frauds and leakage of funds.
Financial and other Due Diligence Reviews: We offer this for venture funds & parties who are interested in take-over, strategic partnerships, collaborations etc.
Our team of experts allows us to offer practical solutions keeping in view the special requirements of the foreign entities & peculiarities of the Indian system. We help foreign companies in setting up businesses in India. Our services include providing them approvals from the government authorities and advise them about foreign policy and procedures. Our areas of expertise include:
Setting up business unit (Formation of Companies etc)
Getting necessary approvals from different government departments
Services in regard to setting up complete accounting & reporting system
Assistance in day to day statutory compliances
Feasibility studies and market studies
Identifying investment opportunities and businesses/projects
Business and India Entry Strategy and advisory services
In India LLPs are to be introduced soon. The announcement of the same may be made in the Union Budget on 29th of Feb this year. This type of formation is a boon to service sector professionals. This route may be chosen by law accounting and financial service providers. The ministry of corporate affairs has recommended for flexible mode of taxation. The income of LLP could be taxed in the LLP itself or it could be taxed in te hand of partners. However, LLP would have to comply with very stringent controls & regulations.
With the help of our expert professionals, we provides services in regard of Companies Act of India. Which includes, maintenance of all statutory records of business, outsourcing, audit and accounting services. The areas of our expertise include:
Getting approval of name from Registrar of Companies
Preparation of Memorandum & Articles of Association
Registration of Companies
Maintenance of Statutory registers as required by Companies Act
We provide assistance in foreign businesses to setup branches in India. As per the present regulations a branch office is not allowed to carry out manufacturing, processing activities in India, directly or indirectly. The branches are only allowed to:
Export /import of goods (retail trading activities of any nature is not allowed for a Branch Office in India.).
Rendering professional or consultancy services
Carrying out research work, in which the parent company is engaged
Promoting technical or financial collaborations between Indian companies and parent or overseas group company.
Representing the parent company in India and acting as buying /selling agent in India
Rendering services in Information Technology and Development of software in India
Rendering technical support to the products supplied by parent /group companies
Foreign airline support to products supplied by parent / group companies
Our areas of expertise include:
Assisting our clients setup branch offices in India
Necessary approvals from various authorities
Regular compliances as regard to legal formalities
We offer services for foreign direct investment through liaison offices. At present Liaison offices are only allowed to explore and understand the Indian market. We help these offices to collect information about possible market opportunities and provide information about the company and its products to the perspective Indian customers. We take permission for these to set up their liaison offices in India. The liaison offices in India are allowed to :
Represent in India the parent company or group companies
Promote export , import from and to India
Promote technical and financial collaborations between group companies in India
Act as a communication channel between the parent company and Indian companies
Our areas of expertise include:
Assisting our clients setup branch offices in India
Necessary approvals from various authorities
Regular compliances as regard to legal formalities
We provide services in respect of delhi value added tax, sales tax, central sales tax and works contract tax of Delhi states which includes Delhi and New Delhi. We provide consultancy services in the following areas:
Consultancy of Input Tax Credit for Traders & Contractors
Filing of Annual Return in form DVAT 55
Filing of Quarterly Return in form DVAT 51
Filing of Yearly/Half Yearly/Quarterly/monthly return in DVAT 15
Filing of Yearly/Half Yearly/Quarterly/monthly return in DVAT 17
Our industry expertise allows us to efficiently handle day to day statutory compliances of the companies. As companies functioning in India have to follow diverse statutory obligations on regular basis, failing which leads to disallowances of expenditure, penalties, prosecution etc. To avoid this, we keep tab of all the compliance factors like depositing taxes, filling of return within the time allowed. We provide day to day services in the following areas:
Deduction of tax at source (TDS)
Employee benefits (PF/ESI)
Regular payment of fringe benefit tax (FBT)
Regular payments of income tax (IT)
Maintenance of statutory records and registers
Preparation and maintenance of regular books of accounts
We provide services in the field of Direct & Indirect Taxation which includes Income Tax, Fringe Benefit Tax and Service Tax. The areas of expertise are:
Consultancy on Income Tax/ Fringe Benefit Tax/ Service Tax
Consultancy of Tax planning
Representation before authorities
Tax audit under income tax laws
Tax deducted at source
Filing of returns
Deposit of Taxes
We provide computerized income tax preparation to meet the diverse demands of business houses and commercial sectors.
Mukesh Raj & Company Chartered accountants providing service such as statutory auditing, tax auditing, internal auditing, concurrent auditing, business accounting, project report, payroll management and services for economists and financial analysts.
Processing...