Chemslife Financial Services is one of the leading and well-diversified financial services companies in India offering services across brokerage (across the asset classes of equities (cash and derivatives), commodities and currency), investment banking, wealth management, distribution of third party financial products, research, financing, depository services, insurance broking and clearing services to corporate, institutional, high net worth individuals and other retail clients.
Close
Get in touch
- 1/137, 1/136 Second Floor, Mainroad East Street, <br>Velukkudi, Thiruvarur (Dt), Tamilnadu, 610 102.
- chemslifeoffice@gmail.com
- +91 95971 79325
- Monday to Friday: 9am to 6pm
- Velukkudi, Thiruvarur (Dt), Tamilnadu, 610 102.
- Support +91 95971 79325
Tax Services
Chemslife Services
Tax Services
- Income Tax Services
- GST Services
- MSME
- Company Registration
- ISO Certification
- Trademark Registration
- CA Certificates
INCOME TAX RETURN
We are familiar with Multi-state taxation laws and have prepared tax returns (both corporate and individual) for all fifty states in the United States. We can efile your tax return so you will get refund back quicker.
Benefits of filing Income Tax Return
- Claim Tax Refund
- Carry Forward of Losses
- Avoid Penalties
- Easy Loan Approval
- Income & Address Proof
- Quick Visa Processing
- Credit Card Processing
- Helps in Nation Building
GST
GST, or Goods and Services Tax, is an indirect tax imposed on the supply of goods and services. It is a multi-stage, destination-oriented tax imposed on every value addition, replacing multiple indirect taxes, including VAT, excise duty, service taxes, etc.
TYPES
- The Central Goods and Services Tax (CGST)
- The State Goods and Services Tax (SGST)
- The Union Territory Goods and Services Tax (UTGST)
- The Integrated Goods and Services Tax (IGST)
Being the Biggest tax reform in India, GST will allow the real GDP growth of the Indian economy to hit 6.75 per cent in this fiscal year with expectations of 7 to 7.5 per cent real GDP growth in 2018-19. SMEs and small taxpayers have benefitted from the GST system with a number of relaxations.
Some of the Hits of GST
- GST Council plays principled diplomacy & and the statesmanship shown by the members is surely a hit!
- Technological Support to the Structure of GST law: The new GST system runs under a canopy of strong technological support and we can expect more GST services to be digitalised in the months to come.
- GST -A boon to Micro, Small & Medium Enterprises: MSMEs are now less dependant on tax experts when compared to the earlier regime, due to a simplified return filing system in place. Rationalisation of the composition scheme and introduction of quarterly filing option for taxpayers having turnover below Rs 1.5 crores was a wise decision.
Few Misses of GST: Need for recovery
- Delayed IGST refund has hit Exporters and caused a slowdown: Although efforts are being made by the department towards timely sanctioning of refund, yet over a few months, we can expect a slowdown in the Export sector in India.
- Sentiments around claiming of Input Tax Credit: admission of ITC is currently being allowed on a provisional basis to the recipient of the credit. Authorities are in process of reconciliation between Different GST returns and hence, many taxpayers are receiving mismatch notices for ITC claimed as per GSTR-3B and allowed as per GSTR-2A supplier data. Development of recon. tools on the GST portal will help a buyer be cautioned before claiming any wrong ITC, thus avoiding the interest or penalties that follow
We Offer
- GST REGISTRATION
- GST RETURN FILLING
MSME
The Ministry of Micro, Small and Medium Enterprises is the ministry in the Government of India. It is the apex executive body for the formulation and administration of rules, regulations and laws relating to micro, small and medium enterprises in India.
Benefits of Udyam Registration
- It will be a permanent registration and primary identification number for an enterprise.
- MSME Registration is paperless and based on self-declaration.
- Udyam registration is permanent, and there will be no need for renewal of Registration.
- Any activities, including manufacturing, service, or both, may be specified in one Udayam Registration.
- Enterprises may register themselves on GeM (Government e Portal (a portal to address issues relating to delay in payments) along with the Udyam Registration, and simultaneously, MSMEs themselves can also onboard on the TReDS Platform (the invoices of receivables are traded on this platform) through three available platforms, i.e., www.invoicemart.com www.m1xchange.com www. rxil.in
- The Udyam Registration may also help MSMEs in availing the benefits of the following Schemes of the Ministry of MSMEs :
- Credit Guarantee Scheme
- Public Procurement Policy
- Additional edge in Government Tenders & Protection against delayed payments
- Udyam registered entity becomes eligible for priority sector lending from Banks.
ISO CERTIFICATION
The ISO 9000 family of quality management systems is a set of standards that helps organizations ensure they meet customer and other stakeholder needs within statutory and regulatory requirements related to a product or service.
Benefits of ISO Certificate
ISO standards make your company processes clearer, and the quality becomes constant. It will help you focus more on meeting the demands of your customers through your services and products. This will improve satisfaction with your customers and put you up closer to your competitors in the marketplace.
ISO is an internationally recognized organization recognized for its high standards of quality. If you get accredited as a member of ISO certification, businesses will be engraved and accepted worldwide.
When you are certified with ISO certification, you will increase your product’s quality and efficiency. Customer satisfaction will rise to high, and costs for products will decrease. All of these will unlock the possibility and assist in expanding sales in both existing and emerging markets across the nation.
You’ll be aware of what is required and guidelines you must adhere to finalize business procedures. Regular processes aid in avoiding duplicates, determining issues that arise in the process, and providing efficient and compelling solutions to address them quickly.
Trademark Registration
A trademark can be defined as the unique identity that makes your company, product, or service stand out from the rest. A registered trademark is your business’s intellectual property/ intangible asset. It protects the investment made into creating trust and loyalty among your customers.
The registration provides the right to sue against others who try to copy your trademark and prevents others from using a similar trademark to the one registered by you.
Benefits of Getting Trademark Registration
There are numerous reasons to register a trademark, but the majority of them are required for all businesses and ambitious entrepreneurs because it serves as a valuable asset. Obtaining a trademark registration and utilizing the services has numerous advantages. Here are a few benefits.
The legal protection provided by trademark registration is against the misuse or copying of the company’s name or registered logo. The trademark owner acquires legal ownership of the trademark, which can be enforced in any court. When a trademark is registered, the owner gains nationwide possession of the mark.
A trademark registration serves as a formal notice that the trademark has already been registered.
A trademark owner obtains the ability to publicly display his or her brand as a registered trademark, alerting others and eliminating the defence of innocent infringement. Once a trademark is registered, it will appear in search reports, preventing other applicants from pursuing the registration of the same or similar mark.
If you are the first to file a trademark, the National Trademark Office in New Delhi will reject to register any trademark that appears to be confusingly similar to another trademark.
The owner of a trademark can recover up to triple damages from the offender if the trademark is registered in India. The owner is presumed to be the rightful owner of the trademark. When a trademark is registered, the owner gains the ability to sue anyone who is misusing the mark in any court. Unregistered trademarks, on the other hand, are subject to legal action.
CA CERTIFICATE
CA Certificate implies an authentication issued by a properly approved sanctioned Chartered accountant. In the said Certificate the CA influences an adjust to a sheet of your assets and liabilities and gives an endorsement as to your benefits of possession and what you need to pay to others.