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. Direct Taxes are classified as :
Income Tax – This is taxes an individual or a Hindu Undivided Family or any taxpayer other than companies, pay on the income received. The law prescribes the rate at which such income should be taxed
Corporate Tax – This is the tax that companies pay on the profits they make from their businesses. Here again, a specific rate of tax for corporates has been prescribed by the income tax laws of India.
JB Accounting is the the most leading firm of the Tax Consultant in India. We aim providing a multidisciplinary Tax Consultant service and many other related services.
We aim to be the most trusted and reliable tax consulting firm of the country and a well-established Global Consultant by becoming a key enablers in our client's growth by consistently delivering value.
The objective of our firm is to form a healthy surroundings of trust with our Clients. Teamwork, Professionalism, Personalized Service & Specialization is our tools to meet the clients expectations.
JBAS is providing Accounting , GST & Income Tax compliances with 100% accuracy. There service is remarkable over the years. We highly recommend JBAS!!!!