Selvam Associates
Our Services
Accounting Services
GST Registration & GST filing
The new GST return filing system is expected to make the process of filing regular returns and tracking of ITC smooth and easier. For a quick glance at how the reporting of exports varies between the present returns and new returns.
Income Tax Filing
Income Tax in India: Taxes in India can be categorized as direct and indirect taxes. Direct tax is a tax you pay on your income directly to the government. Indirect tax is a tax that somebody else collects on your behalf and pays to the government eg restaurants, theatres and e-commerce websites recover taxes from you on goods you purchase or a service you avail. This tax is, in turn, passed down to the government.
IE Code
IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc. without IEC.
Digital Signature Certificate (DSC)
A Digital Signature Certificate is a secure digital key that is issued by the certifying authorities for the purpose of validating and certifying the identity of the person holding this certificate. Digital Signatures make use of the public key encryptions to create the signatures.
Tax Deducted at Source (TDS)
TDS stands for tax deducted at source. As per the Income Tax Act, any company or person making a payment is required to deduct tax at source if the payment exceeds certain threshold limits. TDS has to be deducted at the rates prescribed by the tax department.
UDYAM | UDYOG AADHAAR | MSME | SSI
In recent times, for boosting small-scale businesses in the country, the Government of India has initiated the Udyog Aadhaar Registration process. Earlier, if you wished to start a business and get SSI registration or MSME registration, you needed to go through a lot of paperwork.
Loan Services
Business Loan with Project Report
Business loans are unsecured financial assistance provided by banks and NBFCs in India. The primary aim of these is to support the urgent needs of your growing business. Most financial institutions offer term loans and flexi loans to cater to the business needs of a company. Business loans are also called commercial loans. All types of businesses such as a sole proprietorship, privately held company, partnership firms, self-employed individuals and retailers can avail these loans.
Housing Loan
A house loan or home loan simply means a sum of money borrowed from a financial institution or bank to purchase a house. Home loans consist of an adjustable or fixed interest rate and payment terms.
Mortagage Loan
A mortgage loan is one in which you secure funds by pledging your property. The interest rates on mortgage loans range from 8.75% to 13.35% p.a. Usually, the amount of funding you can avail will be up to 60% of the registered value of the property. Some banks also offer mortgage loans up to Rs.10 crore. The repayment tenure for mortgage loans can be up to 15 years.
Personal Loan
Personal loans are unsecured loans in which the bank loans you money on your creditworthiness and no security is required for the money borrowed. However, the interest rates of personal loans are higher than any other loan like home loan or education loan considering the amount of risk involved in lending the sum. Most banks offer personal loans starting from Rs.50,000 to Rs.15 lakh.
Vehicle Loan
Automobile loan, or auto loan is a sum of money a consumer borrows in order to purchase a Automobile. Generally speaking a loan is an amount of money that is lent to an individual, a business, or another entity. The party that lends the money is known as the lender, while the party borrowing the money is called the borrower. When taking out a loan a borrower agrees to pay back the full loan amount, as well as any interest (a percentage of the loan amount, usually calculated on an annual basis), by a certain date, typically by making monthly payments.
Insurance Services
Vehicle Insurance
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle. Vehicle insurance may additionally offer financial protection against theft of the vehicle, and against damage to the vehicle sustained from events other than traffic collisions, such as keying, weather or natural disasters, and damage sustained by colliding with stationary objects. The specific terms of vehicle insurance vary with legal regulations in each region.
Health Insurance
Health insurance is an agreement whereby insurance company agrees to undertake a guarantee of compensation for medical expenses in case the insured falls ill or meets with an accident which leads to hospitalization of the insured. Generally, insurance companies have tie-ups with the leading hospitals so as to provide cashless treatment to the insured. In case the insurance company has no tie-ups with the hospital, they reimburse the cost of expenses incurred by the insured. The government also promotes health insurance by providing a deduction from income tax.
Life Insurance
Life Insurance is an arrangement between the Insurance company/Government which guarantees of compensation for loss of life in return for payment of a specified premium. In Life Insurance, the beneficiary whose name has been mentioned in the contract receives the specified sum, from the insurer in case of happening of the event i.e. Loss of Life.
About Us
Our understanding of your business coupled with our dynamic financial expertise gives us the power to see beyond the numbers and provide the optimum solution to your requirements..
we provide all sort of accounting services related to accounting, auditing, business process outsource, income tax, societies and trust, financial services, company law matters, excise duties etc. We are committed to provide consistency in our work and to provide solutions for our clients with more concentration on professionalism incorporating the advanced technologies. We under promise and over deliver.
Contact
Location:
No 149, 9th Street, Crosscut Road,Gandhipuram, Coimbatore- 641012
Email:
tnselvamassociates@gmail.com
Call:
+91-9942802255
Open Hours:
Mon-Sat: 9:30AM - 6:00PM