Welcome to CAAQ Consultancy Pvt. Ltd., a leading and trusted consultancy provider of comprehensive financial and legal solutions for businesses. With our expert team of certified professionals, we assist companies and individuals in coming across the complexities of tax compliance and optimizing their financial strategies together with legal requirements regarding employee compensation, tax deductions, and regulatory obligations. These services include payroll processing, calculation of wages, tax withholding, and timely submission of payroll-related documents, providing businesses with peace of mind and ensuring smooth payroll operations.
We understand how significant tax & payroll compliance is for your businesses. Our motive is to guide companies, entrepreneurs, and organizations to stay on the right side of the law while maximizing their financial efficiency.
The Significance of Tax Compliance
Tax compliance is pivotal for any company. It ensures that the corporate entity follows legal obligations and fosters a stable business environment. It refers to the process of meeting all tax requirements set by the competent authorities. Failure to comply can lead to penalties, legal issues, reputational damage, and operational disruptions. Maintaining proper tax compliance not only upholds the company's integrity, but also promotes financial transparency, improves investor confidence, and facilitates smooth business operations.
Direct Tax Compliance
Direct taxes are levied on individuals and businesses based on their income, profits, or assets, such as income tax and property tax. This compliance is a must to follow for eligible entities.
- Income Tax
It is a direct tax levied on the income of individuals and businesses. We help you to comply with income tax regulations to ensure accurate calculation, timely payment, and filing of tax returns. It minimizes the risk of penalties and legal consequences.
- 80 G
Under Section 80G of the Income Tax Act, donations made to specific charitable organizations are eligible for tax deductions. We guide such entities to abide by 80G regulations, which allows you to contribute to society while enjoying tax benefits.
- International Tax Compliance
International tax rules govern cross-border transactions and the taxation of multinational companies. CAAQ is your tax and payroll compliance partner that help you to comply with international tax regulations. It ensures proper reporting, eliminates double taxation, and minimizes the risk of tax disputes or controversies.
The Directorate of Public Assistance, Accounts, and Audit (DPAA) oversees financial accountability and audits of public funds. Our team helps you to religiously follow DPAA regulations, which ensures transparent financial practices, accurate reporting, and accountability in the utilization of public funds.
The Asia/Pacific Group on Money Laundering (APG) monitors and promotes effective anti-money laundering and counter-terrorist financing measures. Our assistance helps you to comply with APG recommendations that prevent money laundering, maintain financial integrity, and avoid reputational damage.
- 12AA Registration
Section 12AA of the Income Tax Act provides registration and tax exemptions to charitable and religious organizations. With our support, registering for 12AA registration is easier. It enables you to leverage tax benefits, enhance credibility, and enable your organizations to attract more donations for noble causes.
Indirect Tax Compliance
Indirect taxes are imposed on the consumption of goods and services and are collected by intermediaries, such as sales tax and value-added tax (VAT).
- GST (Goods and Services Tax)
It is a comprehensive indirect tax levied on the supply of goods and services. We help you to follow GST regulations, which include timely registration, accurate invoicing, filing of returns, and payment of tax liabilities. This happening ensures smooth business operations and avoids penalties.
- Custom Tax
Custom tax is levied on goods imported or exported. With our hands-on experience, complying with custom tax regulations turns easier. It involves accurate declaration, payment of customs duties, and adherence to import/export restrictions, facilitating international trade and avoiding legal issues.
- VAT (Value Added Tax)
VAT is an indirect tax levied on the value added at each stage of production or distribution. Our certified professionals help you to follow VAT regulations. These are all about accurate record-keeping, timely payment, and reporting, promoting fair taxation and avoiding penalties for non-compliance.
CAAQ is your company's tax & payroll compliance consulting partner that guides you through all the aforementioned areas. Trust us to navigate the complex world of tax regulations, enabling you to focus on your core business activities while remaining fully compliant with the law.