Income Tax laws frequently change regarding deductions, rebates and exemptions available to individuals. Executive tax planning and investment planning have become inevitable. GKM helps avail benefits under Income Tax law and maximize the returns on investments.
Some executives render services in various countries, and become residents of more than one country. They are liable to pay taxes in more than one country. Executive tax Planning is important for such executives and corporate.
GKM provides the following Executive Taxation Services
• Advisory services for maximizing deductions / rebates / exemptions under the tax laws;
• Personal investment strategy for optimum tax efficiency;
• Salary structuring to maximize tax benefits;
• Filing of tax returns;
• Representation before tax authorities
Foreign Investment Services: - NRIs & Foreign Nationals
• Formulating an entry strategy into India such as opening a liaison office, subsidiary etc
• Formulating an appropriate investment strategy for companies seeking to invest abroad.
• Obtaining investment approvals from the Foreign Investment Promotion Board (FIPB) or the Reserve Bank of India, as applicable.
• Assist in obtaining approvals for External Commercial Borrowings.