Our Team assists the companies who are deputing expats and the expats themselves in complying with the taxation and regulatory problems surrounding any expatriate assignment. Due to huge Foreign Direct Investment in India, there has also been increase in demand of specialized and skilled employees known as Expatriates in India.
A bunch of services if available for the respected expatriates is as follows:
- Obtain Permanent Account Number (PAN) under Income Tax Act
- Advise them with best salary structure to minimize the income tax burden
- Compute their Withholding taxes and ask to pay the same as per the law by considering the double taxation avoidance agreements (DTAA)
- Evaluate their residential status in India every year
- Assistance in Income Tax Return Filing and disclosure of Foreign Assets and Liability every year
- Completion of Exit Formalities by obtaining an Income-Tax Clearance Certificate (ITCC) from India Tax Authorities