what is a feature in tax accountant in india
Hello Mohit,
A Tax Accountant is a qualified professional, responsible for assisting clients and companies with their financial and income tax statements by researchimg, studying and interpreting tax law.
Assuming that you're interested in knowing about the features of a tax accountant in India, some of the notable functions and characteristics of Tax Accountancy in India are stated below.
- Prepare tax returns, payments, necessary paperwork, and reports.
- Assess and research difficult tax issues to identify solutions.
- Manage and maintain the company’s tax database.
- Determine tax savings and recommend strategies to improve profits.
- Ensure you comply with regulations by forwarding required information to federal, state, and local authorities.
- Offer support and guidance during audits.
- Evaluate tax regulations and suggest policies that diminish tax burden.
- Keep track of industry trends and changes related to taxes.
- Prepare accurate quarterly and annual tax reports.
Hope this helps you. We wish you the best for your future endeavours!
Regards