Simplifying your direct tax compliance process
Direct Tax
InCorp India is a leading provider of Business Solutions
Direct Tax
What are the taxation laws and compliances that you will have to be aware of when planning your expansion to India?
Are you subject to withholding tax obligations?
What is the most tax-efficient investment strategy?
Our team of direct tax experts aid businesses in developing appropriate strategies by leveraging tax benefits and incentives most suited to business model. We also assist in resolving various tax matters for multiple clients. We support businesses operating across multiple states, ensuring compliance with local regulations.
Direct Tax
Our team offers businesses reliable solutions for managing Direct Tax Compliance efficiently and effectively. With over 15 seasoned tax experts and more than 50 consultants specializing in income tax, Incorp delivers unparalleled expertise. We successfully complete over 1,000 compliance filings for individual and corporate clients annually, and assist clients with withholding tax advisory, advance tax filings, annual income tax returns as well as assessment of foreign assets and income.
FAQs
Ans 1 Companies operating in India are subject to direct taxes under the Income Tax Act 1961.
Domestic companies:
- Regular tax regime: 30% (with deductions/exemptions).
- Optional concessional regime (Sec 115BAA): 22% (no major exemptions).
- New manufacturing companies (Sec 115BAB): 15% (if conditions met).
Foreign companies: 40% on income sourced in India.
India Company Incorporation (ICI) provides tailored advisory on choosing optimal tax- effective entity structure, filing returns, and ensuring full compliance with Indian direct tax laws.
Key direct tax compliances in India include timely payment of advance tax, deduction and deposit of withholding tax (TDS), and filing of periodic returns such as quarterly TDS returns and annual income tax returns.
India Company Incorporation (ICI) provides comprehensive support in managing these compliances, from calculating tax liabilities to filing accurate returns and ensuring adherence to all timelines under the Income Tax Act, 1961
Ans 3. Withholding tax is applicable on certain cross-border transactions such as dividend payments, royalty payments, and fees for technical services etc to the overseas parent company. T
The rate of the withholding tax implication is based on the tax rate defined under the Income Tax Act 1961; however, the final rate may be reduced if the non-resident is eligible for relief under a Double Taxation Avoidance Agreement (DTAA). India Company Incorporation (ICI) helps businesses evaluate the applicability of withholding tax, determine the correct rates under law, and ensure timely compliance with cross-border tax obligations.
Advance tax is the payment of income tax in instalments during the financial year, rather than as a lump sum at the end of the year. In India, any assessee whose estimated tax liability for the year exceeds ₹10,000 is required to pay advance tax under the Income Tax Act 1961. India Company Incorporation (ICI) assists businesses in estimating their advance tax liability, planning instalment payments, and ensuring compliance with the Income Tax Act, 1961, helping avoid interest or penalties for late payments
Samir Sanghvi
Get reliable solutions for managing Direct Tax Compliance efficiently.
500+
Professionals
550+
Setups Complete
50+
Years of Experience
Our Services
Comprehensive India Entry Services
Valued Partners
Together with our valued corporate partners, we are shaping industry advancements and creating lasting impact through collaboration.
Get Expert Tax Consultancy Services for Your Business in India
India’s rapidly growing economy presents vast opportunities for businesses expanding or establishing operations in this dynamic market. However, navigating India’s complex tax system can be challenging. Tax consultancy services provide expert guidance to optimise tax strategies and ensure full compliance with local regulations.
At InCorp India, we deliver comprehensive tax advisory services, tailored to foreign businesses in India. With 25+ years of expertise, we help companies manage tax obligations, reduce liabilities, and effectively leverage India’s tax incentives.
Why Tax Consultancy Services Are Essential for Your Business in India
India’s tax landscape is complex, with diverse rules and regulations across sectors and business models. Navigating it requires expertise to ensure compliance and efficiency.
Partnering with a seasoned tax consultant helps optimise your tax position and streamline operations within India’s taxation framework. This ensures your business stays compliant while maximising financial benefits.
Key Benefits of Tax Consultancy Services in India
Understanding Complex Tax Regulations:
India’s tax laws can be overwhelming, especially for new businesses. Our expert tax consultants in India will help you understand and comply with these regulations. We ensure that your business runs smoothly without unnecessary legal hurdles.
Optimising Tax Efficiency:
Our taxation consultants assist businesses in creating tax-efficient structures and minimising tax liabilities. We ensure they benefit from all available exemptions and deductions. Whether you’re looking for Income Tax Advisory or general tax advice online, our income tax consultants are here to guide you.
Faster Business Setup and Compliance:
Commencing a business in India requires meeting various tax obligations. We streamline the process, ensuring faster market entry and compliance with all taxation services and legal requirements.
Reducing Legal Risks:
Incorrect tax filing or missing out on tax exemptions can lead to penalties. Our tax consultancy firms ensure your documentation is accurate and complete, helping you avoid costly legal issues.
Local Expertise for Global Success:
Our consultants and experienced tax advisors provide in-depth insights into India’s market and tax practices. This allows you to make informed decisions and to have a competitive edge.
Ongoing Support and Updates:
As tax laws in India continue to evolve, we keep you updated with the latest changes. We also help you adapt your tax strategies accordingly. We provide everything you need to ensure you’re always compliant, from online tax consultant services to hands-on guidance.
Comprehensive Tax Consultancy Services for Businesses Operating in India
Our service portfolio is designed to address the diverse needs of companies from startups to global corporations looking for efficient taxation services in India:
Income Tax Advisory & Compliance
Our tax file consultant helps you interpret and apply India’s direct tax laws. This includes recent personal and corporate tax slab amendments, exemptions, and rebates. Our services include:
Preparation and filing of income tax returns for companies and individuals.
Strategic tax planning aligned with your business goals to minimise liabilities.
Advising on deductions under various sections, including startup and MSME benefits.
GST & Indirect Tax Advisory
India’s Goods and Services Tax (GST) framework governs indirect taxes with detailed compliance requirements. We, as the best tax consultants, offer:
GST registration assistance for new and existing businesses.
Filing GST returns and audit support, ensuring smooth regulatory compliance.
Advisory on input tax credit optimisation and tax-efficient supply chain structuring.
Transfer Pricing & International Taxation
With globalisation, transfer pricing has become a critical area. Our consultants specialise in:
Designing transfer pricing policies that are compliant with India’s multi-year ALP framework.
Managing international tax treaties and significant economic presence (SEP) rules.
Advising on cross-border transactions, permanent establishment risks, and withholding tax obligations.
For foreign enterprises involved in cross-border trade, we ensure GST compliance for your imports and exports and guide you through the details of India’s VAT-replacement system (GST).
Tax Structuring & Business Model Advisory
We help determine the most tax-efficient structure for your Indian operations:
Choosing between a Private Limited Company, LLP, a branch office, or a joint venture.
Compliance with sector-specific FDI regulations and RBI guidelines.
Optimising capital infusion, debt-equity ratio, and repatriation strategies.
Tax Dispute Resolution & Litigation Support
Navigating tax disputes demands specialised knowledge:
Assistance with dispute resolution mechanisms like DRP, APA, and MAP.
Guidance on faceless assessments and compliance with the new tax certainty provisions.
Support in tax audits and appeals to safeguard your interests.
Our Step-By-Step Guide For Tax Consultancy Services
At InCorp India, a structured and transparent process is key to delivering effective tax consultancy services that benefit your business. Our stepwise approach ensures that no aspect of your tax strategy or compliance is overlooked. This gives you confidence and clarity at every stage.
Initial Consultation & Tax Health Assessment
We understand your business operations, financial structure, and current tax obligations. We review your accounting records, existing tax filings, and any past tax issues. We aim to assess your current tax position and identify any immediate risks or opportunities..
Strategic Tax Planning & Structure Review
With a clear picture of your tax health, we analyse your current tax strategy against India’s evolving regulatory landscape. We evaluate your business structure to ensure it optimally aligns with your commercial objectives while maximising tax efficiency.
This includes advising on entity selection (such as a Private Limited Company, LLP, branch office, or joint venture), capital structure, transfer pricing arrangements, and the utilisation of government incentives and exemptions. Our experts continuously monitor changes in tax laws and recommend adjustments proactively so your tax planning remains robust and future-proof.
Regulatory Filings & Compliance Management
Compliance is the cornerstone of a successful tax strategy. We take charge of all your statutory filings, including Income Tax Returns, GST registrations and returns, Tax Deducted at Source (TDS) filings, and other regulatory submissions.
Our team ensures that all documents are prepared accurately and submitted within stipulated deadlines, eliminating the risk of penalties and audits. We also manage interactions with tax authorities, ensuring smooth communication and timely resolution of any queries.
Continuous Monitoring & Advisory
Tax laws and policies in India are dynamic, with frequent updates that can impact your business. We monitor ongoing regulatory developments, always informing you about relevant changes.
Our continuous advisory services help you swiftly adapt your tax strategies, address emerging risks, and seize new opportunities. This proactive approach reduces surprises during audits and assessments and aligns your business with best practices.
Audit & Dispute Support
In the event of tax audits, assessments, or disputes, our experienced consultants act as your trusted representatives. We prepare all necessary documentation, assist in managing inquiries, and negotiate with tax authorities on your behalf.
Should disputes escalate to litigation, our team collaborates with legal experts to defend your interests. We aim to minimise disruption, manage risk exposure, and resolve issues efficiently, protecting your business reputation and financial health.
Why InCorp India is Your Ideal Tax Consultant Partner
Choosing the right tax consultant partner is crucial to navigate the details of India’s tax environment. This step ensures your business stands firm on legal grounds in India. Here’s what sets InCorp India apart:
Decades of Combined Expertise:
Our consultants bring years of specialised experience in Indian taxation. This deep expertise equips us to handle complex and diverse tax scenarios.
Comprehensive Understanding of Evolving Tax Laws:
India’s tax regulations continually evolve, especially with reforms introduced in the latest Union Budgets. We stay abreast of these changes and anticipate their impact, providing timely, informed advisory.
Tailored, Sector-Specific Advisory:
Recognising that tax strategies must align with industry dynamics, business size, and growth phase, we customise our services for startups, SMEs, multinational corporations, and sector-specific requirements.
End-to-End Service Delivery:
From strategic tax planning and compliance management to audit defence and dispute resolution, we cover the entire tax lifecycle, delivering a seamless experience and peace of mind.
Strong Local Presence:
With offices in Mumbai, Delhi, Bengaluru, and other business hubs, we offer localised support, ensuring prompt responses and an on-ground understanding of regional tax nuances.
Ready to Optimise Your Tax Strategy and Ensure Compliance?
Let InCorp India be your trusted guide through India’s complex tax landscape. Whether expanding operations, entering the Indian market for the first time, or seeking to optimise your existing tax strategy, our expert tax consultants will help you unlock growth, reduce liabilities, and maintain full regulatory compliance.
Other Services Offered By InCorp India
Frequently Asked Questions (FAQs)
What services does a top tax consultant provide in India?
A leading tax consultant in India offers comprehensive tax advisory and consultancy services, which include tax planning, compliance management, income tax filing, business structuring, and dispute resolution. Whether you need help in Mumbai, Maharashtra, or online, the best consultants tailor solutions for your unique business needs to optimise your tax position and ensure full compliance.
Can your tax consultancy services assist foreign businesses entering India?
Absolutely. Our expert tax consultancy services specialise in supporting foreign investors entering India nd requiring services across India. We offer strategic advisory on regulatory compliance, cross-border taxation, and optimising income tax liabilities. Our consultants provide customised guidance, making us one of the best tax advisory firms for businesses expanding into the Indian market.
How do you ensure compliance with GST and other indirect taxes in India?
We provide end-to-end tax consultancy services covering GST registration, timely filing, audit support, and advisory services tailored to your business model. Whether based anywhere in India or operating online, our tax advisors ensure your indirect tax compliance is smooth and optimised, minimising risks and maximising available credits and exemptions under India’s tax laws.
What makes InCorp India the best tax consultancy firm?
InCorp India combines deep local expertise with global standards to offer customised tax advisory and consultancy services. Our multidisciplinary team delivers accurate income tax filing, strategic planning, and dispute support. With years of proven success, we rank among India’s top tax consultancy firms, providing personalised service tailored to your business.
How often should businesses in India update their tax strategies?
Given India’s dynamic tax environment, especially in Maharashtra and Mumbai, businesses must regularly review and update their tax strategies. Our expert consultants recommend periodic assessments aligned with legislative changes, ensuring your tax filings, income tax compliance, and advisory remain current, minimising liabilities and maximising benefits across direct and indirect tax regimes.
