The firm strives to position itself in the given fields as a customized service provider as per the business requirement by working as follows: -
Right Team, Right Experience
Planning the business resources coupled with compliances of law has become a challenge today. The above requires extensive theoretical knowledge and practical experience. The partners of Mediratta Saini & Associates and their associates have sound theoretical knowledge and vast practical experience. By sharing their knowledge and practical experience with the team members and clients, we ensure effective and timely redressed of issues arising on routine basis or that can arise later.
The partners are well versed with company law (including accounting standards), indirect taxes and direct taxes. They are in a position to provide efficient, effective and cost effective professional service in the above area.
The firm is in a position to take up assignments of statutory audit, internal audit, management audit, compliance audit, direct and indirect taxation, government incentives specially consulting in the field of income tax, GST and business process outsourcing.
The experience of the partners and other team members of the firm will support the clients in the best possible manner with cost optimization.
The firm has identified the following critical parameters for an organization’s success, which range from optimum utilization of resources to legal compliances. Based on the diverse requirements of business, the firm is in a position to provide the following services to enable the organizations meet their objectives: -
Business Startup
- Formation of a Legal entity (LLP, Co., OPC. & Partnership Etc)
- Legal Drafting.
- Special Economic Zone.
- Business Advisory.
- Various other registrations for startups under various laws.
Audits
- Tax Audits.
- Internal & Statutory Audits of Indian Companies & Foreign companies having operations in India.
- Stock & Book Debt Audits.
- System Audits.
- Investigations & Special Audits as required by the management.
- Fixed Assets Verification etc
Direct Tax
- Advising on Income Tax Planning of Corporates.
- Advising & reviewing of all necessary tax withholding responsibilities.
- Advising all financial subjects which are of your interest and keeping you updated on the new amendments, circulars, notifications & judgments.
- Verification of all payments to vendors for the purposes of determination of correct application of rates and category for deduction of withholding taxes.
- Computation of monthly TDS on the basis of above.
- Monthly tax reconciliation of the TDS due and deducted.
- Preparation and deposit of Monthly challans on or before the statutory due dates.
- Filing of quarterly E-TDS Returns.
Indirect Tax
- Indirect tax advisory services.
- Assistance in obtaining new GST registrations.
- Evaluate the legal positions adopted and suggest changes, if any, under the GST regime
- Review of periodic computation of tax liabilities
- Assistance in preparing and filing periodic returns
- Assisting on Annual return filing for GST
- Advice on various incentive schemes pertaining to duty-free import/export of goods or services under the Foreign Trade Policy.
Fund Raising
- Financing is necessary at every stage of a business life cycle. We builds detailed forecast models and advises on ideal & minimum size of funding required for the business, based on multiple sensitivity scenarios. We leverages on its experience in negotiating with all parties involved, to bargain the best deal for its client company and its promoters.
- Preparation Bank Loan Application
- Preparation of project report
- Preparation of CMA data
- Working Capital
- Term Loan
- Project Finance
- Bank guarantee
- Loan against property
- Collateral free loans
- MSME Loans
- Bills Discounting
- Venture capital
Government Incentives
- Applying for Government incentives is time consuming and complex process. Our experienced team can help at every step of the way.
- Advising on the range of incentives available
- Conducting meetings and discussions with key management officials to gain understanding of the stated objectives, key limitations etc.;
- Assistance in preparation of application with relevant attachments to be confirmed by the Company and submission of the same on the portal.
- Review of the projections of the company with regards to capital cost, future sales and procurement cost and other factual documents provided
to us;
- Reviewing the provisions of the applicable rules and regulations, circulars issued by the authorities etc;
Focus on Client Satisfaction and Communication
The firm aspires to render sound professional services importance to client’s satisfaction in terms of timely and effective delivery of services. The firm recognizes that open and ongoing communications with the client is imperative for ensuring timely response to the client’s requirements and execution to be foremost. The firm, by utilizing the experience and expertise of the partners, has devised a risk based audit approach to ensure that the audits, besides ensuring compliance, help in identification of critical areas where business related controls require improvements thus enabling the management to take actions to strengthen the controls. A gap between the clients’ expectation and perception of the client’s requirements is highly undesirable. Thus emphasis is on defining clients’ requirements, feedback and using this communication process to enhance services rendered.