JVS Consultants Nandanam, Chennai, Tamil Nadu

Taxation being a highly specialized area requires skills relating to planning, documentation and representations. We provide services of experienced professionals at very competitive charges. Our network of professionals assists you in selecting the best alternative. Depending upon the subject matter, we select the right person to ensure that the best possible and well planned solution is achieved for your problem. Indian taxation environment is ever-changing, which can be challenging for any business. Our Main focus is to identify opportunities for our clients that can help them to manage their affairs in the most tax efficient manner. Our Tax team has particular expertise with taxation issues arising from commercial business transactions. By identifying taxation implications at the deal development phase, we can ensure that most tax effective approach is adopted for each transaction reducing the likelihood of any future disputes and litigation. To help you respond to these demands, we provide assistance in three key areas: Tax Accounting: Supporting quarterly and annual tax provision calculations, validating tax balance sheet accounts and implementing new accounting standards. Tax function performance: improving operating strategy and organization design, tax process and controls, and data and systems effectiveness Tax Risk: Identifying and prioritizing key risks and assisting with controls monitoring and remediation the scope and nature of our services may differ depending on whether you are an auditor non-audit client. What's consistent is the high-quality service our professionals provide to address your unique needs, throughout the entire tax life cycle of planning, provision, compliance and working with the tax authorities.

The landscape of statutes of labor laws is constantly evolving, and it takes a special agility to keep abreast of all the latest developments and ensure compliance. At JVS, we offer compliance services that perfectly meet your organization’s requirements. It is absolutely imperative to comply with all legal and statutory norms for businesses to operate successfully in India. This often involves significant investment of resources, time, and continuous monitoring to be in the know of all the changes that are happening, in order to be compliant and avoid penalties. With the ever-changing employment laws, it becomes a challenge for small and mid-sized companies to keep themselves compliant. What these organizations need is reliable HR compliance services from an experienced provider. To ensure timely and efficient statutory compliance in your organization, the following aspects must be in place: Unrestricted access to local and regional expertise Expert support during all audits and inspections Following ethical practices Knowledge of timelines for adherence to the many laws and regulations Updated documents and data in a centralized location, and which are readily available As you can imagine, this takes a lot of effort and investment in terms of both money and manpower. Not every organization can afford to or even want to spend so many resources in ensuring compliance. Nonetheless, it is absolutely vital for a business to be compliant to all the laws of the land. Statutory Compliance outsourcing to an experienced firm such as JVS Consultants, you can ensure compliance without having to hire and maintain a separate department for it. Our clients find that our statutory compliance services are an ideal solution to be compliant in all aspects of statutes and labor laws.

Payroll management is very important for the enterprises because maximum expenses are being incurred on the manpower so as to have more efficiency and output from the manpower employed. Payroll is also necessary business component whether you have one employee or a thousand, but confidently and accurately managing your payroll can be a challenge. Hence, payroll management plays a very important role in each and every Organization. JVS Consultants India LLP has expertise manpower to render specialized payroll processing services for outsourcing in India. In addition to keeping up with constantly changing regulations, withholding rates and government forms, payroll processing is a time-consuming and costly task for most businesses It includes: Streamlined processes & faster turnaround time Support through entire employee life-cycle, from date of joining to exit Consolidated, error-free documents & reports with sharper business intelligence Lower risk related to compliance and penalties Better resource deployment Decreased IT infrastructure investment Speedy resolution of employee issues Managing employee taxes Paying statutory deductions and taxes to government Employees administration Managing employee attendance and leaves that contributes to their final pay Managing investment reimbursement Managing employee claims and enquires.

JVS Consultants India LLP has expertise manpower to render Specialized Reporting services to outsource in India as per the Generally Accepted Accounting Principles (GAAPs) and Standard Auditing Procedures (SAPs). The reporting services which we provide includes but not exclusive: Preparation of Income & Loss Statement Monthly Reporting of Income & Loss Statement Balance Sheets Reporting Cash Flow Preparation Report All Accounts Reconciliation Reports Budget Reports on monthly, quarterly and annual basis. Fixed Assets Process Reports Inventory Accounting. Time and billing Recording. Financial analysis like ratio analysis, P/E ratio, NPV, etc. Sales Order Processing. Complete Accounting Services with Reporting Analysis. Auditing Services. Transaction Processing Services. Preparation of annual

JVS Consultants India LLP has an impeccable record of delivering remote bookkeeping services to growing and changing businesses in all industries. JVS’s outsourcing services are focused at helping customers with the accounting requirements and significantly reducing the operating costs of their finance department. Headed by CAs, JVS has a team of accountants with strong accounting principles to offer bookkeeping and accounting services for CAs, Organizations, Firms and Individuals. Proven process migration procedures allow us to successfully carry out outsourced accounting and bookkeeping activities remotely. The team at JVS has considerable hands-on expertise and is conversant with the latest guidelines and pronouncements on Compliances and Regulations. Established processes coupled with redundant infrastructure allow our well-trained team to deliver reliable and accurate service. Outsourced bookkeeping and accounting services are offered from its offshore center in Hyderabad, India. Accounting is a vital process in running any business efficiently and profitably. Our service offerings cater to a wide spectrum of clientele across the globe. Our outsourcing service includes all four stages of accounting processes starting from recording financial transactions in the books of business, classifying the transactions into meaningful and orderly types, summarizing the accounting data into useful reports and interpreting the financial data to assist decision making.

The efficiency & deliverance of an Enterprise is decided on its financial strength & soundness.There is various audit some are mandatory some are voluntarily done by an individual or businesses. Audit services in India can be categorized in the below points: Statutory Audits: Under this comes various audits as required by statutory that can be under the income tax, under company laws, under banking laws, under GST laws, so this category has a huge scope under audit services in India. Internal Audits: This is mandatory for certain classes however mostly organization makes it a part of the business because of its significance in assessing the organization current affairs and preventing and detecting any error or frauds. Management Audit: This category of the audit is to assess and recommend the resources, asset, strategies followed by the organization is in the right shape and going in a planned direction. Tax Audit: Section 44AB of the income tax act has the provisions related to the audit of accounts. Income tax audit under this section is mandatory for certain class of taxpayers that depends on turnover and receipts limit. Similarly, there are other important audits such as stock audit, due diligence audit, forensic audit and so on.