Axe Tax Consultancy is committed to conducting business in chennai, obtaining licenses and registrations for running a business. Axe Tax Consultancy is one stop business setup and consulting company, managed by specialized team of Business Analysts,Company Secretaries, Chartered Accountants, Corporate Lawyers and Financial Professionals. Having known for our quality of services, delivering the projects on time, we have clients spread across the globe.
We are multidisciplinary team of accounting, tax and audit professionals with deep, sector-specific experience in wide spectrum of Industries. We offer a range of services to meet the complex and evolving accounting, tax and compliance challenges that you face on multiple fronts. Mission of our firm is to provide clients with the 'one stop Solution' for all their businesses, financial and regulatory requirement.
OUR SERVICES
GST Registration
GST Monthly return Filling
Income Tax Filling
TDS Return &Refund
PF Registration & Refunds
ESI Registration & Refunds
Import & Export License
Shop Establishment Registration
Labour License Registration
Business Setup
FSSAI (Food License Registration)
Digital Signature
Income Tax Returns Filing Firm
Backed with well qualified & experienced team, we are engaged in offering reliable income tax return
Gst Registration Consultants
Due to enormous knowledge in this field, services.we are able to provide reliable GST Registration consulting
Tax Consultants
Here, we provide you integrated consultation about the different kind of tax norms that you can follow.
Income Tax Consultants
Due to enormous knowledge in this field, we are able to provide best income tax consulting services.
Tax Return Filing Agents
Worried about your taxes? We have experienced agents to let you know and help about the tax returns.
Audit and Assurance
We undertake internal audits for corporate with the object of bringing in efficiency in the functioning.
Taxation
We assist you in making correct and timely tax payments of dues such as advance tax, self assessment tax, etc.
Corporate and Financial Advisory
We focus on advising the clients in raising of resources through various financial institutions, banks, etc.
What is GST?
GST is a consumption based tax levied on sale, manufacture and consumption on goods & services at a national level. This tax will be substitute for all indirect tax levied by state and central government. Exports and direct tax like income tax, corporate tax and capital gain tax will not be affected by GST. GST would apply to all goods other than crude petroleum, motor spirit, diesel, aviation turbine fuel and natural gas. It would apply to all services barring a few to be specified. With the increase of international trade in services, GST has become a global standard. The proposed tax system will take the form of “dual GST” which is concurrently levied by central and state government. This will comprise of:
Central GST (CGST) which will be levied by Centre
State GST (SGST) Which will be levied by State
Integrated GST (IGST) – which will be levied by Central Government on inter-State supply of goods and services.
Why GST is needed?
One can explain the impact of cascading taxes with an example. Say A sells goods to B after charging sales tax, and then B re-sells those goods to C after charging sales tax. In this case while B was computing its sales tax liability, it also included the sales tax paid on previous purchase, which is how it becomes a tax on tax. This is also referred to as taxes on taxes. This is where the need for GST arises to do away with the phenomenon.
Goods and Services Tax better known as GST in India, is a new and comprehensive tax to be levied on sales, manufacturing and consumption of services and goods across the nation. Referred to as one of the biggest tax reforms in the country, GST is expected to bring together state economies and improve overall economic growth of the nation.
Both the Central as well as State governments are set to impose GST on all services and goods produced, manufactured and imported in India. Exports are not subject to GST. As of now, the proposal is for two tax rates at both State and Central levels for the initial two years, which would be merged into a single tax rate in the all third financial year.
What is Income Tax Filing ?
Filing of Income Tax Return is the process of declaring one’s income and income tax paid thereon by the assessee to the assessing officer. Income tax return contains details of income earned by an assessee from different sources, details of taxes paid or deducted such as Advance Tax, TDS or TCS and details of income tax refundable to the assessee by the department if any
AXE TAX CONSULTANCY
RAVI VARMA
No. 753,T.H Road,New Washermenpet,
Chennai – 600081.
No. 10/92, Mettu Street, 1st Lane, Tollgate, TVT,
Chennai -600019.
Land Mark: Hotel Surya
Contact Number : 91- 9094821585, 9941376661
