Tax & Compliance

It is mandatory for individuals and businesses to pay certain taxes in India, and these taxes do have some compliances along with them. These compliances must be followed as per the laws and regulations of the country and its respective authorities. It is really hard for professionals to keep track of all these taxes and their compliances. Therefore it is common to miss payments or delay in payments, which results in defaults and penalties.

This is where the team of tax and finance professionals at Eazy Startups come to help. We can handle all your necessary taxes, their timely payments and the regulations to adhere to, on your behalf. Our services will not only help you save time and money, but also eliminate your tax related worries. We also ensure to let you know of the exemptions that you can avail to save on your taxes.

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Here are few taxes and registrations that we cover along with compliances:-

Individual Income Tax Filing:- Income Tax is a mandatory tax reform that generally everyone has heard about. It is necessary to pay Income Tax to the Indian Government if your income exceeds a certain amount. There are various income slabs and accordingly the Income Tax Rates vary. It is now comparatively easy to file your Income Tax Return than the earlier days as everything can be done online. However there are still several intricacies like timing, categories, slabs, rates, forms that require a certain level of knowledge. For example :- If one wants to file ITR, then they have to fill a form among 1 to 7 as per the characteristics they fit in.

Proprietorship Tax Return Filing:- Proprietorship is a business structure that has a lot of doubts regarding its tax payments associated with it. The fact is, like other business structures, it is mandatory to pay tax on the proprietorships income as well. A proprietorship and its proprietor is considered as a single entity. If you are a proprietor and need help regarding your individual and proprietorship taxes then it is recommended that you consult the experts at Eazy Startups. The propreitorship’s taxes are also eligible for deductions therefore it is better to take the assistance of experts to ensure saving on taxes.

Goods and Service Tax:-

Goods and Service Tax is considered as the largest tax reform of India. This is because it replaced a series of taxes that were earlier being charged on goods and services. It is a tax that is to be paid by all parties involved at all stages of the production process. All of these parties are refunded except the end consumers. GST has lots of benefits, both for the consumers and producers. It also has different filings associated with its payment process and therefore requires knowledge. If you want to register or file your GST then you can contact Eazy Startups, as they can guide you through it.

Payroll Maintenance:-

It is not easy to maintain the employees records of their salaries, bonuses and deductions, therefore Payroll Maintenance System is one handy tool. It is necessary to maintain the payroll and taxes related to it, as they can affect the books of the company. Payroll Maintenance is not that simple, because it also has government laws and regulations governing it. The Payroll Maintenance team must ensure the employees benefits and justified salary along with the assurance that the company policies are being followed.