Liaises with (Internally):
Colleagues in (i) the same service line; (ii) other service lines
Colleagues in Grant Thornton offices – within India and overseas
Liaises with (Externally):
Authorities in Income Tax Department, Clients (Existing & Proposed), occasionally with Provident Fund Department
Primary purpose of the role:
Preparation of Tax computations and assisting in Documentation / Compliance/ Assessments/ Advisory work for employee / Expatriate tax & Social Security, New Labour codes
Major responsibilities & deliverables:
· Handling individual tax compliances for NRIs, HNIs and expatriates (inbound and outbound) like preparation of tax computations, quarterly withholding tax returns, withholding tax certificate, India Income Tax return etc.
· Assisting clients in obtaining in tax registrations, Form-30C, Form-30A, Certificate of Coverage
· Research complex positions pertaining to taxation of employment income and apply them to specific client needs
· Prepare updates based on reviews of tax case laws, CBDT Circulars & notifications, updates from EPFO, etc
· Assist team in developing position papers related to taxation of individuals
· Client management:
Ø Preparation of various internal MIS reports for the purpose of arriving at the time cost incurred, billing, etc.
Ø Preparation of engagement letters, invoices, etc.
Ø Coordinating with clients/ colleagues for gathering of information/ facts and for other day to day work