All you need to know about services of a Chartered Accountant in India

In a considerably short span of time, India has emerged as a strong financial entity. India is expected to become a financial super power in the coming few decades. This transition has given birth to many new industries being formed, Chartered Accountant services, being one of them.

Indian tax system is known to be one of the most talked about and yet a complicated system in the world which needs expert services of a ca firm in India. 

Here are some services primarily provided by these firms: 

Audit and Assurance Advisory Services

Some of the key services pertaining to audit are statutory audits meant for corporates, internal audits, GST audits and tax audits for different sized firms and individuals. These audits play a vital role in ensuring a healthy financial management system irrespective of the size and operations. Needless to say, the service needs quality expertise.

Management Assurance Services

Considering the growing competition, internal audits is one of the primary factor in order to sustain the steep competition. Hence, a deeper understanding of services like review of internal control and management information system are vital from the strategic point of view.

Corporate Law and Secretarial Services

CA services in India also include special services like investment planning, formation of will and trust, insurance advisory, corporate personal financial planning and investment planning. Most of these firms are happy to offer these services to NRIs too. corporate law services like legal and secretarial services like formation of company to legal matters with government agencies are all taken care of by CA firms in India.

Taxation

Taxes are one of the key aspects for a company and an expert tax consultation form will look into the aspects of income tax assessment, fringe benefits, GST and services taxes.

Many other entrepreneurial services, secretarial and accounting services, NRI services, etc. are some of the services you can avail from a CA firm in India. There is no doubt that these range of services are not just impressive but also extremely beneficial for a corporate client as well as for an individual.