service tax consultants in noida
TRANSCRIPT
PAY RIGHT AMOUNT OF TAX WITH RIGHT GUIDANCEwww.vatconsultantsnoida.com
Of late, Indian taxation system has undergone several reforms in order to enhance rationality, transparency and improve compliance. Our tax authorities review the tax policies at regular intervals so as to conduce equality between aristocrats and lower end casts. Service tax is a tax imposed by the government of India. Some corporations have the dedicated division of taxation and some employ. .
If yearn to see your business flourish and looking for service tax consultants in Noida then look no further. This piece of article content can be informative for you. As of now, India has a federal system of government with clear demarcation of powers between the
central and state government. Tax authorities have to constantly review the tax schemes to bridge the taxation differences so the tax burden doesn’t fall only on the middle and lower middle classes. A common man now feels like tax buried since he has to pay taxes on every goods bought and services availed. The tax burden is not just the amount of tax paid but the magnitude of the consumer surplus. Generally, a service tax is imposed by the GOI on the services availed in India. The authorized
service tax provider collects the tax and pays for government. The prevailing service tax rate is 12.36% on gross value of the service.
Service tax was first introduced in 1994. Today, more than 100 services are entitled to tax under the provision. Business enterprises can reap the benefits of outsourcing taxation services to a reliable the one that is proficient in handling the financial accounting operations. Corporations need to file the sales tax returns in the stipulated accounting period. Business enterprises can employ adept financial consultants who are well versed with accounting principles and practices. Corporations can be immensely benefitted like increased productivity, low operational costs and reduced compliance costs with well devised tax strategies in place. Outsourcing has numerous benefits in terms of economy and time savings.
Getting a proficient service tax consultant who thoroughly knows the registration process can go a long way in managing the business operations smoothly. Business proprietors may be not fully efficient in filing IT and sales tax returns With the reforms in law and payment system, Indian taxation system has witnessed a sea change lately. Stringent norms and a stricter taxation system make the Indian taxation system intricated. But with the help of legal experts and a sound Tax software can do wonders for the business. VAT consultants is the renowned legal firm that manages gamut of financial practices. Their specialize includes VAT, Sales Tax, Income Tax and Excise services with rich experience of over 10 years in the VAT consultancy industry.
Contact infoOFF: LGF (Lower Ground Floor)17, Ansal Fortune Arcade,(Near HDFC Bank) Sec-18, Noida G.B. NagarTEL: 0120-4233869E-MAIL: [email protected]: www.vatconsultantsnoida.com