Project report for Tax consultancy


Introduction

According to new research, the Indian tax consulting market grew 9% over the last year to hit revenues of approximately $6.5 billion (Rs. 42,500 crore). The growth is expected to add another 9% till 2018 to reach a value of around $7.1 billion (Rs. 46,500 crore), supported by the increase in demand for tax advice following the introduction of GST. One of the most lucrative segments of the professional consulting services industry is the practice of tax consulting. The segment includes tax advisory practices, book-keeping, and some types of accounting and auditing activities. Such functions ...


Product / Services & process

Services offered by the firm: 1. GST Services - Goods and Service Tax is mandatory for all types of business enterprises.  This unit provides services such as GST Registration, GST Migration, filing of GST returns, Issuance of E-way Bill for transporters. 2. Income tax, TDS and PAN card services - Ascent provides services such as Income Tax Filing, TDS Filing, Income Tax Payment, UTI Agency Ship for PAN card services and Digital signature services. 3. Accounting Services - Ascent consultant services provide a full range of services from payroll to collecting accounts receivable to book ...


Market potential & Strategy

With respect to research data, the Indian tax consulting market grew 9% over the last year to hit revenues of approximately $6.5 billion (Rs. 42,500 crore). The growth is expected to add another 9% till 2018 to reach a value of around $7.1 billion (Rs. 46,500 crore), supported by the increase in demand for tax advice following the introduction of GST. One of the most lucrative segments of the professional consulting services industry is the practice of tax consulting. The segment includes tax advisory practices, book-keeping, and some types of accounting and auditing activities. Such ...


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