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Best Lawyers in Chennai | Top Law Firms | Leading Legal Consultants | Chartered Accountants – CAs
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Chartered Accountants (CAs) in India provide a wide range of services that are critical for the smooth functioning of businesses and individuals.
Here are some of the major profitable services offered by CAs in India:
- Audit and Assurance Services: CAs provide audit and assurance services to help businesses maintain accurate financial records, identify potential risks and improve internal controls. These services are mandatory for companies as per the Companies Act, of 2013.
- Taxation Services: CAs provide tax planning and compliance services, which includes preparing and filing tax returns, tax assessments, and handling tax disputes. With the implementation of the Goods and Services Tax (GST) in India, CAs have become even more important for businesses to navigate complex tax laws.
- Financial Planning and Advisory Services: CAs provide financial planning and advisory services to help individuals and businesses make informed financial decisions, manage their finances, and achieve their financial goals. This includes investment planning, retirement planning, and risk management.
- Accounting and Bookkeeping Services: CAs provide accounting and bookkeeping services to help businesses maintain accurate financial records, manage cash flows, and prepare financial statements.
- Company Registration and Compliance Services: CAs provide company registration services and help businesses comply with various legal and regulatory requirements, including the Companies Act, 2013, and the Securities and Exchange Board of India (SEBI) regulations.
- Forensic Accounting and Investigation Services: CAs provide forensic accounting and investigation services to help businesses detect and prevent fraud, embezzlement, and other financial crimes.
Overall, the services offered by CAs in India are in high demand, and their expertise is critical for the success of businesses and individuals.