An important asset of any organisation is its human resource. Organisations today strive to ensure that the employees receive significant compensation in the form of salaries, allowances and benefits. However, fierce competition in the global marketplace is putting pressure on organisations to be cost conscious while remunerating employees in a tax-efficient manner.
The ambiguity arising out of continuously changing tax provisions, and the rising emphasis by revenue authorities on scrutinising employee compensation, makes it essential for organisations to ensure that it is completely tax compliant.
Key service offerings:
We have considerable experience in identifying opportunities and leveraging them to assist clients in formulating tax efficient strategies. In particular, such structuring exercises can be customised to the client’s requirements to include: