MorifarPrivate Client

Countries/India/India Tax & Compliance

India · Tax

India Tax & Compliance.
Strategy through Morifar; technical filings through regulated Indian CAs.

Indian tax is complex — corporate income tax, GST (a federal-state composite), TDS, transfer pricing and FEMA all interact. We coordinate strategy; regulated Indian CAs and counsel execute.

Private consultationSee the process

What it is

The full picture, in plain language.

Tax & compliance covers corporate tax, GST, TDS, transfer pricing, FEMA filings, personal income tax for NRIs/RNORs/Residents and ROC compliance.

Who it's for

Designed for these situations.

New Indian companies

Setting up tax and ROC compliance properly.

MNC subsidiaries

Transfer pricing and cross-border flows.

NRIs and HNW residents

Personal tax across status changes.

Family offices and funds

GIFT City and PMS tax planning.

Benefits

What the right structure delivers.

Strategic + technical layered

Strategy from Morifar; filings from regulated CAs.

Transfer pricing readiness

Master file, local file, CbCR coordination.

GST discipline

Monthly returns and reconciliations done properly.

FEMA compliance

FC-GPR, FLA, ECB filings on time.

NRI/RNOR planning

Status transitions managed deliberately.

Annual review

Strategic review pre-year-end.

The process

Step by step — nothing hidden, nothing skipped.

  1. 01

    Diagnostic

    Weeks 1-2

    Current state across CIT, GST, TDS, TP, FEMA.

  2. 02

    Registrations

    Weeks 2-4

    PAN, TAN, GST, ROC.

  3. 03

    Structure review

    Weeks 4-6

    Cross-border, GIFT City optionality, status planning.

  4. 04

    Monthly cycle

    Ongoing

    GST, TDS, payroll, bookkeeping.

  5. 05

    Year-end

    Annually

    ITR, audit, transfer pricing reports, FLA.

Timeline

What a typical engagement looks like.

  • Month 1

    Diagnostic and registrations.

  • Months 1-3

    Structure review and accounting setup.

  • Ongoing

    Monthly and annual filings.

Documents required

The evidence pack we will ask for.

  • MCA documents

    COI, MoA/AoA.

  • Last 2 years' filings

    ITR, GST, ROC where applicable.

  • Bank statements

    Accounting period.

  • Intercompany agreements

    For TP.

Costs & fees

What you should budget for.

Below are typical SMB ranges.

  • Tax diagnostic

    From INR 75,000

  • Monthly compliance package (SMB)

    From INR 25,000 / month

  • Annual audit

    From INR 150,000

  • Transfer pricing documentation

    From INR 400,000

  • Personal ITR (HNW)

    From INR 50,000

FAQs

Questions we are asked, and the honest answers.

Is GST monthly?+

Most regular registrations file monthly returns (GSTR-1, GSTR-3B); small taxpayers may opt for quarterly.

What is RNOR?+

Returning Indian status — limited Indian taxation of foreign income for up to 2-3 years.

Transfer pricing thresholds?+

Specified domestic transactions above INR 200m; international transactions broadly without threshold.

GIFT City tax holiday?+

10-year tax holiday on qualifying IFSC unit profits within a 15-year window.

Common mistakes

What we see go wrong — so it doesn't happen to you.

Late GST returns

Late fees and interest accrue daily.

Wrong TDS rates

Especially on NRI payments — defaults trigger penalties.

Missing FLA

Annual Foreign Liabilities & Assets return required for FDI recipients.

DIY transfer pricing

TP claims without proper documentation get adjusted.

Explain like I'm 10

The simplest version of the whole thing.

India has many tax rules — for companies, for sales, for paying people, for money from abroad. We make sure the right paperwork is filed on time, every month and every year.

Related services

Private consultation

Discuss india tax & compliance with the team.

A confidential first conversation — no obligation, no sales pitch. We listen, map your situation, and tell you honestly whether and how we can help.

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