Features of the Service:

• Assistance in identifying and preparing the necessary statutory returns specific to the business entity.
• Timely filing of statutory returns in compliance with applicable laws and regulations.
• Expert guidance on understanding the requirements and obligations related to statutory returns.
• Compliance with taxation laws, labor laws, and other relevant regulations.
• Maintenance of accurate records and documentation to support the statutory returns.

Statutory Returns is a vital service provided to Non-Resident Indians (NRIs) to ensure compliance with statutory and regulatory requirements for their business entities in India. Statutory Returns refer to the periodic filing of necessary forms, reports, and declarations with regulatory authorities to fulfill legal obligations and maintain compliance with applicable laws and regulations.

Various statutory returns need to be filed based on the type of business entity and the specific regulations governing its operations. These returns typically cover areas such as taxation, corporate governance, labor laws, and other statutory requirements imposed by regulatory bodies.

The purpose of filing statutory returns is to provide transparency, accountability, and adherence to legal and regulatory frameworks. It enables NRIs to fulfill their obligations, maintain compliance records, and demonstrate their commitment to good governance practices.

Engaging in Statutory Returns services for NRIs ensures that the required forms, reports, and declarations are accurately prepared and filed within the specified timeframes. It helps in avoiding penalties, legal issues, and reputational risks associated with non-compliance.