RITESH R KHETAN & ASSOCIATES
Designed to meet every client’s needs
ACCOUNTING AND BOOKKEEPING
It provides information to make general strategic decisions and a benchmark for its revenue and income goals. Bookkeeping is responsible for the recording of financial transactions whereas accounting is responsible for interpreting, classifying, analyzing, reporting, and summarizing the financial data. We at Ritesh R Khetan & Associates ensure that proper books of accounts are maintained and are updated on regular intervals. improve the reliability of financial statements.
TAX PLANNING AND CONSULTATION
Tax planning is the analysis of one's financial situation from a tax efficiency point of view so as to plan one's finances in the most optimized manner. Tax planning allows a taxpayer to make the best use of the various tax exemptions, deductions and benefits to minimize their tax liability over a financial year. Tax planning is a legal way of reducing income tax liabilities, however caution has to be maintained to ensure that the taxpayer isn't knowingly indulging in tax evasion or tax avoidance.
ATTESTATION, AUDIT AND ASSURANCE
Audit and assurance are processes used for the evaluation of the financial record of the company. They are hand-in-hand processes. Audit and assurance are the processes of verifying the records available in the company’s accounting record as per accounting standard and principle , It also confirms whether the accounting record is accurate. The audit is the process of evaluating the accounting entries present in the company’s financial statement. Assurance is the process of analyzing and using it to assess accounting entries and financial records. An audit usually follows assurance.
Direct & Indirect Tax is not just about compliance, but it also inherently impacts business decisions, product pricing and viable business growth. The authority of the government to levy taxes in India is derived from the Constitution of India, which allocates the power to levy taxes to the Central and State governments. All taxes levied within India need to be backed by an accompanying law passed by the Parliament or the State Legislature. The payment of tax is beneficial on multiple levels including the development of the nation, betterment of infrastructure, the upliftment of the society, and even for welfare activities for the nation.
With every business decision there results an accompanying tax and regulatory implication. With tax laws evolving dynamically, there is a continuous need to interpret the impact of tax incidence and mitigate/ leverage it accordingly. We provide a range of specialised services that makes it possible for clients to attain a tax-efficient and regulatory-compliant structure. Our tax professionals keep clients updated on a real-time basis on how an evolving tax environment can affect their tax incidence. Besides, we enable clients to implement customised strategies that help achieve tax efficiencies at the entity-level as well as the group-level, strengthening financial health.
Use of modern technology and computer with application of skill and expertise of human being is the most productive and performing method in today era and we are having expertise in the same. Our expert team have contributed in many of the organization for successful integration of related process among each other in such a way that all required output can be generated with minimum inputs. We ensure that redundancy of work should be eliminated in such a way that efficiency & Interest of human resource will remain and increase in the organization’s interest and possibilities of errors and omission which can be resulted into repetitive working and frustration can be removed.
INDUSTRIES WE SERVE
Learn About Our Sector - Specific Offerings