Services

Professional Accounting Services is that procedure by which the money information of a business is summarized, understood, noted, classified, and communicated.

Our staff visit the client office on a weekly, monthly basis for picking up the relevant hard copies for updation. Our staff are available on a real-time basis for providing necessary support over mail and phone.

A payroll is a company's list of its employees, it is the sense of “money paid to employees” and it plays major role in the business for several reasons. Accurate and correct payroll is very important to your employees and important to you as a business owner. Payroll is more than just sending out pay checks every two weeks. You need to comply with and make sure you pay all of the local taxes that are tied to having employees. A payroll service will handle the details and keep you out of trouble with the taxman.

When you want to go beyond the mentality of just giving out pay checks to your employees, Katariya Kiran & Associates payroll services can bring about new business insights and help you focus on what you do best - running your own business. Our payroll services allow you to take your human resources management to a higher level.

we understand how important it is for your organisation to ensure error-free payroll management activities. With our extensive range of services, your organisation can enjoy a payroll process which is timely and accurate.

Bringing expert global and local knowledge to your accounting environment. Global capital markets are increasingly getting integrated and businesses are growing internationally. International expansion plans may involve cross-border acquisitions or joint ventures abroad, raising international debt finance, developing relationships with private equity houses or raising capital from the equity markets, whether in India or abroad. In India, Ministry of Corporate Affairs (MCA) has notified phase-wise convergence of Indian Standards with IFRS which are known as Indian Accounting Standard (Ind AS). These standards have become effective from financial year 2016-17 and in Phase I, were applicable to all listed companies and companies having net worth exceeding Rs.500 crores. Any company may voluntarily comply with Ind AS for accounting periods beginning on or after 1 April 2015.

How we can help:
☑ Ind AS adoption:
☑ Assistance in analysis of difference between Indian GAAP (generally accepted accounting principles) and Ind AS
☑ Assistance in identifying / deciding new policies / procedures required to be implemented under Ind AS
☑ Assistance in implementation of identified changes for convergence to Ind AS
☑ Training your staff on key Ind AS concepts and requirements
☑ Assistance in compilation of financial statements under Ind AS
☑ Ind AS consultancy on technical issues
☑ GAAP conversions and implementation of new accounting standards
☑ Consolidation and Compilation support
☑ Financial statement close process support
☑ Transaction accounting and reporting IPOs, Carve Outs, PPA etc
☑ Drafting and designing accounting policies
☑ Advanced data analytics (will be an added advantage) strong management skills to lead teams.

Banking plays an important role in the financial life of a business, and the importance of banks can be seen from the fact that they are considered as to be the life-blood of modern economy. It is very much necessary to maintain banking relationships. A well-managed banking relationship can help a company to achieve its objectives quickly.

We have developed a strong network of all banks developed over the years. This allows our clients to reach to larger pool of Banks and choose the best Bank as per requirement and complexities involved.

Associating with Katariya Kiran & Associates gives you the following benefits:
☑ Bringing benefits of healthy relationship with bankers.
☑ Working closely with bankers to keep them satisfied by providing them with regular updates and necessary information.
☑ Getting the best and customized deals from Banks as per client requirement.
☑ Help in getting best funding deals from Banks to meet short and long term
☑ working capital needs of our clients
☑ Getting the queries resolved from Banks in a shorter TAT possible

Our specialist audit service groups give you global expertise in each business and sector to confirm that products, processes and operations meet and exceed the market rules and standards needed.
Audit includes assessing the accounting principles used and vital estimates created by the management, in addition as evaluating the general monetary statements presentation. we tend to believe that our audit provides an inexpensive solution for your opinions.

Due diligence refers to the process of research and analysis that is done before an acquisition, investment, business partnership or bank loan in order to determine the value of the subject of the due diligence or whether there are any major issues or potential issues. The prospective acquirer / investor should obtain all the necessary information within the predetermined time and make sure that he makes a good deal and not a costly mistake.

We assist clients in conducting financial, legal and accounting reviews in case of mergers, acquisitions and investments. A sound understanding of local laws, regulations and accounting practices enables us to vet all critical issues in detail.

Accelerating your business in the right direction is our main focus. You can trust us with matters related to corporate law and secretarial practices and concentrate on higher levels of operation. In today's era terminologies like start-ups, funding, equity, Venture Capitalists are most talked off. If your company is in a start-up stage or beyond and looking for private equity / funding, company law compliance plays a significant role.

Looking forward to start a business? Wondering which form business organization is suitable for your business? We at Katariya Kiran & Associates offers a full range of management resources to help get your business started. The choice depends on factors like, flexibility, funding, nature of business, risk factors, taxation etc and Katariya Kiran & Associates advises you to choose the right form after understanding the relevant factors from you.

Katariya Kiran & Associates helps you register the following form of business organizations:
☑ Private limited, Limited companies.
☑ Limited Liability partnerships (LLP’s).
☑ Partnerships
☑ Trusts
☑ Society

Once business entity is registered, it has to obtain various other registrations, based on its nature of business. ADCA provides the services of obtaining below mentioned post incorporation registrations:

☑ Obtaining PAN and TAN: PAN (Permanent Account Number) is the Income Tax Identification Number, PAN is required to be applied before opening the Bank account. Indirect Tax registration like GST Professional Tax, Import Export Code (IEC) are all based on PAN, hence it's mandatory to obtain PAN before applying indirect tax registration. TAN is a number required to remit tax with-held from vendors and employees. Companies can have multiple TAN for each location.

☑ PT Registration: There are two types of professional tax applicable for business entity, one is PT applicable to business entity whose is amount fixed as per PT Act and it varies from Rs 1,000 to Rs 2,500/- per annum and it should be deposited every year by April 30th, as per the Karnataka PT Act. Also, a business entity employing employees is required to deduct PT at applicable rates from employees and deposit with government. As per Karnataka PT Act, Rs 200 needs to be deducted from employee drawing gross salary of Rs 15,000 or more and deposited every month with government. Two separate registration is required to be obtained one for business entity PT (Known as Enrolment Certificate) and another for Remitting Employee PT (Certificate of registration). In case of availability of GST Registration annual PT on the business entity can also be remitted using GST Registration number without obtaining enrolment certificate.

☑ PF and ESI Registration: Provident Fund registration is required to be obtained if the number of employees exceeds twenty. ESI (Employee State Insurance) is required to be obtained if the number of employees exceeds ten and is applicable on employees drawing less than Twenty-one thousand per month.

☑ Shop and Establishment registration: Shop & Establishment Registration is a labour law registration, every business entity (other than a factory) employing any employees is required to obtain shop & establishment registration and follow the rules prescribed under shop and establishment act.

☑ FDI, ODI Compliance services: Investment in business entity from outside India is regulated by FDI regulations framed by govt. FDI is allowed under two modes of approval, automatic route and Approval Route. In case of automatic approval route there is no prior approval of govt is required for bringing in FDI. Various business sectors have been divided into sector for which FDI is allowed under automatic route and sector where approval is required. With gradual liberalization most of the sectors are covered under automatic route, barring few sectors like, Retail, defence, real estate etc. There are statutory filings that are required to be done with RBI on getting the FDI investments into the business entity. Where a business entity wishes to set up a subsidiary/ joint venture outside India, investment towards the same are regulated by ODI (Outward Direct Investments) Regulations.

☑ RBI, FIPB Compliance services: Investment in business entity from outside India is regulated by FDI regulations framed by govt. FDI is allowed under two modes of approval, automatic route and Approval Route. In case of automatic approval route there is no prior approval of govt is required for bringing in FDI. Various business sectors have been divided into sector for which FDI is allowed under automatic route and sector where approval is required. With gradual liberalization most of the sectors are covered under automatic route, barring few sectors like, Retail, defence, real estate etc. There are statutory filings that are required to be done with RBI on getting the FDI investments into the business entity. Where a business entity wishes to set up a subsidiary/ joint venture outside India, investment towards the same are regulated by ODI (Outward Direct Investments) Regulations.

The taxation law in India is ever changing. We at Katariya Kiran & Associates focus on updating our clients on the changes in the tax law and we ensure necessary arrangements are made to comply with the requirements of law and we identify opportunities for our clients that help them manage their day to day affairs in the most tax efficient manner.

Business entities are immensely benefited if they're associated with an advising team, who can council them on tax related issues and help them grow their business. We at ADCA help you resolve tax related issues in the most tax efficient way

The dynamic and evolving business scenario often pose a huge challenge for growing organizations in the SME arena. Without efficient planning often they lead to stagnancy and even downfall. Through our consulting services and industry best practices approach we help business leverage technology for resource planning and management using efficient business management applications.