THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016

The Real Estate (Regulation and Development) Act, 2016 which seeks to protect home-buyers as well as help boost investments in the real estate industry.

Coverage of this act:-

Ø The Real Estate Act makes it mandatory for all commercial and residential real estate projects where the land is over 500 square meters, or eight apartments, to register with the Real Estate Regulatory Authority (RERA) for launching a project, in order to provide greater transparency in project-marketing and execution

Ø For on-going projects which have not received completion certificate on the date of commencement of the Act, will have to seek registration within 3 months. Application for registration must be either approved or rejected within a period of 30 days from the date of application by the RERA. On successful registration, the promoter of the project will be provided with a registration number, a login id and password for the applicants to fill up essential details on the website of the RERA. For failure to register, a penalty of up to 10 percent of the project cost or three years' imprisonment may be imposed.

PROTECTION OF BUYERS

Ø The Act prohibits unaccounted money from being pumped into the sector and as of now 70 per cent of the money has to be deposited in bank accounts through cheques.

Real Estate Regulatory Authority and Appellate Tribunal

It will help to establish state-level Real Estate Regulatory Authorities (RERAs) to regulate transactions related to both residential and commercial projects and ensure their timely completion and handover. Appellate Tribunals will now be required to adjudicate cases in 60 days as against the earlier provision of 90 days and Regulatory Authorities to dispose of complaints in 60 days while no time frame was indicated in earlier Bill.

Certain areas to be exempted from the RERA

Ø The Real Estate Act makes it mandatory for all commercial and residential real estate projects where the land is over 500 square meters, or eight apartments, to register with the Real Estate Regulatory Authority (RERA) for launching a project, in order to provide greater transparency in project-marketing and execution. Where the area of land does not exceed to 500 square meters or the no. of apartments does exceed to be developed.

Ø Provided that: If the appropriate government considers it necessary, it may, reduce the threshold below five hundred square meters or eight apartments, as the case may be.

Ø Promoter has received the completion certificate for real estate project prior to commencement act.

REAL ESTATE REGULATORY AUTHORITY

Ø  Authority is established and incorporated under section 20. According to section u/s 35 Authority has power to take sue motto complaints and inquire against information and conduct the enquiry or invest on that matter. Authority can take cognizance on the sue motto if they necessary to so.

Ø According to section 36 interim order cabs are passed by the authority. 

Ø  Authority can be issue direction u/s 37.

Ø Authority has power u/s 38 to impose the penalty or interest.

Ø Authority has power to rectify its order any time within a period of 2years from the date of order made u/s 39.

If somebody does not agree to the direction or order of Authority then that person can file an appeal under REAL ESTATE APPELATE TRIBUNAL.

REAL ESTATE APPELATE TRIBUNAL

Ø REAL ESTATE APPELATE TRIBUNAL is established under section 43. As per s.43 (5) appeal of promoter would be entertained only on depositing at least 30% of the penalty on higher percentage determined by the appellate tribunal.

Ø As per section 44(5) appellate authority should be endeavor to dispose off the appeal within a period of 60days from the date of receipt.

Ø As per section 58 appeals can be filled against Appellate Tribunal within 60 days of communication of the order of the Appellate tribunal. In case of delay adequate reasoning is required.

OFFENSES AND PENALITIES

Ø As per section 59(1) punishment for non registeration u/s 3 for promoter would be penalty which may extend up to 10% of the estimated cost of the Real Estate Project as determined by the Authority.

Ø As per s.59(2) if the order passed u/s 59(1) is not complicated then promoter shall be punishable with imprisonment for a term which may extended up to 3yrs or with fine which extend to further 10% of the estimated cost of the project.

Ø As per s.60 the penalty for contravention of s4. of promoter would be penalty which may extend up to 5% the estimated cost of the Real Estate Project as determined by the Authority.

Ø As per the s.61 penalty for the contravention of provision of this act and rules other than s.3 and s.4 for the promoter shall be a penalty which may extend to 5% of the estimated cost of the real estate project as determined by the authority

Ø As per s.62 non registration and contravention u/s 9 and 10 done by Real estate agent, in such case he shall be liable to a penalty of rs10000 for everyday during such default continues, which may cumulatively extend up to 5%of the cost of the plot, apppartment or building, as the case may be, of the Real estate project, for which the sale or purchase has been facilitated as determined by the authority.

Ø As per s.63 penalty for failure to comply with the order of Authority would be penalty for everyday during which such default continues, which may cumulatively extend up to 5% of the real estate project as determined by the authority

Ø As per s.64 punishment for contravention of order of Appellate Tribunal by promoter shall be imprisonment for term which may extend up to 3yrs or fine for everyday during which such default continues, which may cumulatively extend up to 10% of the estimated cost of the real estate project or with both.

Ø As per s.65 penalty for failure to comply with order of the Authority by the real estate agent shall be a penalty for everyday during which default continues, which may cumulatively extend up to 5% of the estimated cost of plot, apartment or building or the case may be.

Ø As per s.68 punishment for the failure to comply with order of Authority by allottee shall be imprisonment for a term which may extend up to one year or with fine for everyday during which default continues, which may cumulatively extend up to 10% of the plot or with both

Ø As per the compounding of offences can be done either before or after institution of prosecution before court and any payments of sum shall not in any case, exceeded the maximum amount of the fine which may be imposed for the offense so compounded.

Ø As per section s.80 cognizance of offence can be taken by court on a complaint in writing made by the authority or by any officer of the authority duly authorized by it for this purpose.

We, "PNJ Legal Consultants" are one of the well known organizations engaged in providing Consultancy Services keeping in mind the Client Service Mentality.

Our team members deliver excellent performance in providing these services and our clients can avail the services at affordable prices.

Our sophisticated team has complete knowledge of various exercises and technicalities that are used in our services. Our services includes Strategy Consulting, GST Consulting, Asset Management, Feasibility Study, International Arbitration, Due Dilligence, Franchisee Consulting, Financial Audits, Operational Audits, Tax Heaven Registrations, Shareholder Agreements, Start up Consulting, IP Consulting, Taxation Services, Accounting system design and Mergers Acquisitions.

Contact at parascs@gmail.com or refer website www.pnjlegal.com

WHAT IS MLM OR MULTI LEVEL MARKETING

MLM or Multi level Marketing is an alternate form of distributing products and services. Instead of using the traditional distribution channel (distributors – retailers- consumers), MLM companies sell their products and services directly to consumers. That’s why it’s also called Direct Selling. When these consumers or customers like these products and services naturally they start sharing it with others.

MLM companies pay you when people buy their products and services from your recommendation. But the awesomeness doesn’t stop there, you are given an option to build a team of distributors (generally consisting of happy consumers recommended by you and those you recommend and those they recommend and so on.) contrary to common misconception< you are not paid to recruit people, you are paid depending on the total sales volume generate from your entire team. Instead of spending money on advertisement, MLM companies reward their consumers and distributors for their word- of- mouth advertisement efforts.

To regulate the sale of goods and services outside of retail establishments otherwise known as "Direct Selling (Multi Level Marketing)" and to provide for protection of consumers who purchase goods and services from direct sellers, following guidelines are issued with the approval of the Competent Authority. These guidelines will come into force from the date of publication in official Gazette and will remain in force till an appropriate legislation is enacted for the said purpose:

1. Definitions:-

1.    Direct Selling : Means marketing or sales of goods directly to the end user consumer using word of mouth publicity, display and/or demonstrations of the goods/products, and/or distribution of pamphlets. Explanation: Companies can open pick up points and delivery points for maintaining effective delivery system.

2.    Direct Selling Entity: Means a business entity as recognized by law for the time being in force including but not limited to a Company duly incorporated under the Indian Companies Act, a registered Partnership Firm constituted under the Indian Partnership Act.

3.    Direct Seller: Means a person who is authorized by the Direct Selling Entity to engage into the business of Direct Selling.

4.    Consumer: An individual who buys goods or services for personal use and not for manufacture or resale and shall have the same meaning as provided under the Consumer Protection Act. 1986.

5.    Goods/products: Goods/Products shall have the same meaning as defined in the Sale of Goods Act and section 3(26) of the General Clauses Act, 1897, that is, it shall include every kind of movable property other than actionable claims and money.

6.    Sales Incentive: Sale incentive means share of profit payable to the Direct Seller for effecting sale of goods/products as stipulated in the contract between the Direct Seller and the Direct Selling Entity.

Ø What is the law for setting up Multi Level Marketing Company India?

There is no separate law for setting up a Multi Level Network Marketing (MLM) in India by now it was proposed in Indian Parliament in 2005 but not yet passed as a law, however there are certain acts of Indian constitutions which we need to consider before setting up Multi Level Marketing Company:

• It should not be a only head count commission Model which falls in Pyramid Scheme which is banned in India, covers MRTP Act alias Money Rotation Trade Practice Banning ACT 1969.

• It should not be only money involved investment return format which falls in PCMC Act alias Prize Chit and Money Circulation banning Act 1978. It should be feasible Product selling Business Model.

What is the best practice to setup a Multi Level Marketing Company?

Essentials of setting up a MLM ENTITY Private Limited or Limited Company are to be setup. In India Multi Level Marketing Company involves limited risk for directors who are setting up a Multi Level Marketing Company Business.

Pertain IDSA (Indian Direct Selling Association) Membership. It’s not a government body but it’s a private setup by Amway India and other big network marketing companies which is trying to govern the whole Direct Selling Companies in India which prevents unethical and illegal MLM companies and Multi Level Network marketing Business practices to operate and destroy the MLM Business route.

Apply for Vat/Service Tax/ Tan No and all necessary license and registration required for manufacturer and product seller. Last but not the least Appoint a Legal Advisor, Consultant and a Chartered Accountant to create rules and regulation forms, manage paper works and other company related legal documents and stationary materials.

Please does not cut copy paste other company’s print materials as it may not be applicable on your product or MLM Business Model? It is also desirable to develop exclusive website content and information related to company written by legal advisor of the company to counter legal laws of the Land.

2. Conditions for Permissible Direct Selling:-

1.    Should be a Direct Selling Entity, having sales tax/Vat, Income Tax, TDS and other license as may be required as per the law/regulations of its principle place of business.

2.    Should have bank account with at least one nationalized bank.

3.    Partnership Deed or Memorandum of Association should clearly state their nature of business. (Those who do not have such specific clauses should get their memorandum of Association or Partnership Deed, as the case may be, amended within 2 months from the date of publication of these Guidelines).

4.    Pay sales incentive at the agreed rate within the agreed period.

5.    Shall display names and Identification numbers of their authorized Direct Sellers in the official websites.

6.    Should have a consumer grievance cell that should ensure redressal of consumer grievances within 7 days from the date of making such complaints.

7.    Website should provide space for registering consumer complaints hassle free.

3. Appointments/Authorisations:-

1.    Direct Selling Entity shall appoint/authorise Direct Sellers upon receipt and scrutiny of application in a prescribed format.

2.    An agreement recording terms of such appointment should be executed between the Direct Selling Entity and Direct Seller.

3.    No application should be considered unless such applicant is eligible to enter into a contract under the Indian Contract Act.

4.    Each Direct Seller shall be allotted Unique Identification Numbers before granting license/permission to start direct selling.

5.    Direct Selling Entity should not give incentive to any persons for joining of Direct Sellers.

4. Prohibition:-

1.    Payment of incentive by whatever name it is called unrelated to their respective sales volume.

2.    Supply/Distribution of goods with the knowledge that such goods/products are inferior or exceeded its validity period as per the manufacturer.

3.    Direct Selling Entity/Direct Seller will not indulge in money circulation scheme or any act barred by the Prize Chits and Money Circulation Scheme (Banning) Act, I978.

5. General Conditions:-

1.    MRP of the goods should be visibly displayed on the package.

2.    Accounts of individual Direct Sellers shall be maintained properly and should be made available through World Wide Web.

3.    Sales incentive should be distributed to the respective Seller on or before the agreed due dates.

4.    Goods sold by the Direct Selling entity should carry guarantee/warranty of the manufacturer. However consumer should be given opportunity to exchange/return the goods if he finds any manufacturing defect or the product purchased is not useful for the purpose it was meant, within 30 days from the date of purchase, provided any seal/protection on the product is kept unbroken.

6. Information Readiness (Ready Information file):-

1.    Every Direct Selling Company should maintain a file with all relevant documents that include:

2.    Certificate issued by Registrar of Companies, MOA and MOM.

3.    Xerox copies of TIN, DIN of Directors, TAN, PAN.

4.    Certificate of Sales Tax, Service Tax, CST Registrations.

5.    Copies of all Sales Tax Returns filed with the authorities.

6.    Copies of Service Tax Returns filed with the authorities.

7.    Copies of IT Returns of company filed with the authorities.

8.    TDS Statements of Distributors and respective challans paid.

9.    Every Direct Selling Company should maintain KYC/KYDS (Know Your Customer/Know Your Direct Sellers) as a mandatory process. Specific formats are to be provided on their websites to be available for all at any time.

7. Grievance Redressal Mechanism:-

1.    Every Direct Selling Company must have a complaint redressal mechanism to address any problem of their customers/Direct Sellers.

8. Breach of Guidelines:-

1.    The sale activities not following the above guidelines shall not be considered as Direct Selling and would be dealt appropriately under relevant provisions of existing laws.

We, "PNJ Legal Consultants" are one of the well known organizations engaged in providing Consultancy Services keeping in mind the Client Service Mentality.

We have a team of highly qualified professionals and time to time training is provided by us as per the requirements. Our team members deliver excellent performance in providing these services and our clients can avail the services at affordable prices.

Our sophisticated team has complete knowledge of various exercises and technicalities that are used in our services. Our services includes Strategy Consulting, GST Consulting, Asset Management, Feasibility Study, International Arbitration, Due Dilligence, Franchisee Consulting, Financial Audits, Operational Audits, Tax Heaven Registrations, Shareholder Agreements, Start up Consulting, IP Consulting, Taxation Services, Accounting system design and Mergers Acquisitions.

Contact at parascs@gmail.com or refer website www.pnjlegal.com

3 simple methods for business valuation

Whether you're planning to sell your business or take a loan, or to attract new potential finances and investors, and up to date business valuation is a must have. Simply just knowing the value of your business can help you proper manage your business and evaluate your position.

Here are three simple ways to determine your business' true value.

1.      Focusing on Assets of a business:  This is by far the simplest valuation method, simply add up all your investments and subtract all the liabilities. You can also do your business valuation on basis of liquidation asset-based approach. In the liquidation asset-based approach you simply have to determine net cash received if all your assets were to be sold.

This is one of the best ways to evaluate the present gross value of a company or a business. Especially useful when you are trying to sell your business or get a business loan.

2.      Focusing on Market Values:  This approach focuses on determining the value of a business by comparing it with similar businesses in the market which were either evaluated or sold recently. This method works for most small and medium-size businesses as there are hundreds of other businesses to compare to. But if your business doesn't have comparable businesses in the market, then determining the true value of your business by this method can be difficult.

Also for an individual, using this method can be a cumbersome task. Focusing only on current market values may under-estimate your business value. Especially if you are just starting out or planning to expand in near future. This method is best used by professional evaluators.

3.      Focusing on Future Earning Values:  This approach is by far the most popular method for business valuation. This method revolves around the idea that true value of any business is determined by its capacity to generate wealth in near future. This method is very popular among investors and shareholders as they always value future returns on their investments.

Using companies past earnings and current growth rate, you can easily determine future revenues of a company. Normalise the assumption for unusual expense or revenue and add in the risk factor to get a complete learning value based business valuation.

The best choice: Apart from these methods, there are number of other methods to evaluate your business. But the best way to find the true value of your business is through a combination of all three. Combining two or more methods together will give you the best selling price. These business valuation methods will also plan, strategize and expand your business as well as attract more shareholders and investors.

Never do your business evaluation by yourself, it is like asking a mother to describe her child. Of course, you are going to over evaluate or under evaluate your business. That is why we recommend valuation for business must be done by a professional. We at pnjlegal.com offer a complete business valuation services.

We, "PNJ Legal Consultants" are one of the well known organizations engaged in providing Consultancy Services keeping in mind the Client Service Mentality.

We have a team of highly qualified professionals and time to time training is provided by us as per the requirements. Our team members deliver excellent performance in providing these services and our clients can avail the services at affordable prices.

Our sophisticated team has complete knowledge of various exercises and technicalities that are used in our services. Our services includes Strategy Consulting, GST Consulting, Asset Management, Feasibility Study, International Arbitration, Due Dilligence, Franchisee Consulting, Financial Audits, Operational Audits, Tax Heaven Registrations, Shareholder Agreements, Start up Consulting, IP Consulting, Taxation Services, Accounting system design and Mergers Acquisitions.

Contact at parascs@gmail.com or refer website www.pnjlegal.com

10 reasons why you must use Quickbooks for your business

Quickbooks is by far the most popular accounting software from small and medium sized businesses. Developed and distributed by intuit, QuickBooks is an ideal accounting software for business owners.

Here are 10 reasons why you must use Quickbooks for your business.

1.      Save paperwork and book keeping: Quickbooks handles majority of bookkeeping tasks automatically saving you ton of precious time and paperwork. This allows you to focus more on your business rather than bookkeeping.

2.      Generate Reports on Demand: with Quickbooks for accounting, you can easily and quickly generate reports about your business and quickly evaluate where you stand.  These regular reports help you to determine whether your business is on right track or not.

3.      Save Money and Resources: Quickbooks allows you to do a job of a team of accountants with just a computer. You can save both valuable resources and money using Quickbooks- as it only costs few hundred dollars and entirely replaces your accounting section.

4.      Grow with Quickbooks: Quickbooks for accounting does not only allow you to simplify your business but also allows you to create a successful business plan. With a projected balance sheet, future growth predictions, profit and loss statements Quickbooks truly helps you to take you business to the next level.

5.      Highly Customizable: QuickBooks is extremely customizable when it comes to accounting. Whether you are a contractor, consultant, or a real estate agent, Quickbooks has everything to suit your needs.  Its highly flexible and adjustable software design makes it an ideal match for a variety of small and medium sized businesses.

6.      Trusted and Reliable: with Quickbooks assurance is guaranteed.  It is a stable, reliable and proven accounting system that never fails.  Quickbooks also has a vast user base and great support team to help you every step of the process.

7.      Say goodbye to errors: Quickbooks integrates with hundreds of popular business applications, which ensures a smooth operation of your business. You can safely say goodbye to errors as Quickbooks is excellent at detecting and correcting them.

8.      Accept Credit Cards and online payments: with Quickbooks merchant account, you can easily accept payments from your clients either via credit cards or via online bank transfers. No need to wait for your clients to send checks in the mail. Its SSL secure payment gateway services ensures that both you and your client’s details are safe.

9.      Take care of your expenses: Quickbooks makes it extremely easy to pay bills online or transfer money to your clients. You can too quickly and easily send payments, and track them with just a single click.

10.  Get paid Faster: Quickbooks for accounting also has a unique invoice system which lets their users directly send invoices via email. Their clients can quickly accept the invoice and pay via credit card, online banking or bank transfer.

Whether you are running a small business in your garage or running a multimillion dollar firm, Quickbooks is a must have software- for all your accounting needs.

We, "PNJ Legal Consultants" are one of the well known organizations engaged in providing Consultancy Services keeping in mind the Client Service Mentality.

We have a team of highly qualified professionals and time to time training is provided by us as per the requirements. Our team members deliver excellent performance in providing these services and our clients can avail the services at affordable prices.

Our sophisticated team has complete knowledge of various exercises and technicalities that are used in our services. Our services includes Strategy Consulting, GST Consulting, Asset Management, Feasibility Study, International Arbitration, Due Dilligence, Franchisee Consulting, Financial Audits, Operational Audits, Tax Heaven Registrations, Shareholder Agreements, Start up Consulting, IP Consulting, Taxation Services, Accounting system design and Mergers Acquisitions.

Contact at parascs@gmail.com or refer website www.pnjlegal.com

Seven Fоrms оf Іndіrесt Тахаtіоn thаt may implemented cоuld bе Vanished іn thе Futurе with GST

Моst сurrеnt gоvеrnmеnts аrе trуіng tо іnstаll соnfіdеnсе bасk іntо thе есоnоmу, whіlst рrоmіsіng tах сuts, аnd tах rеlіеf fоr busіnеssеs. Тhе рrоblеm іs thаt mаnу оf thеsе Gоvеrnmеnts sіmрlу dо nоt hаvе thе іnсоmе соmіng іn tо grаnt thіs rеlіеf, аnd mау bе fоrсеd tо tах us іndіrесtlу tо mаkе uр thіs shоrtfаll.

Gоvеrnmеnts hаvе bееn аlwауs іnvеntіvе, whеn іt соmеs tо іndіrесt Тахеs, іn mаnу саsеs еnsurіng wе рау іndіrесt tахеs, but dо nоt еvеn nоtісе.

1. Ніghеr Іmроrt Таrіffs

Сеrtаіn gооds frоm оvеrsеаs mау bе subјесtеd tо hіghеr tаrіffs, раrtісulаrlу рrоduсts thаt соmреtе wіth аnу rесеntlу nаtіоnаlіzеd іndustrіеs. Іn thе саsе оf thе UЅ, іt соuld bе саrs аnd stееl, іf thе bіg thrее аutоmаkеrs nееd nаtіоnаlіzіng. Gоvеrnmеnts соuld еvеn рlасе hіghеr tаrіffs оn luхurу Саrs, аnd lоwеr tаrіffs оn іmроrtеd саrs usіng Grееn еnеrgіеs.

2. Luхurу Gооds

Іf rесеssіоnіst соnsumеr thіnkіng іs hір аt thе mоmеnt, соnsumеrs whо stіll wаnt tо рurсhаsе luхurу gооds, mау fіnd thаt thеу аrе subјесtеd tо hіghеr іndіrесt tахаtіоn. Gоvеrnmеnts mау stаtе thаt іf аnуоnе саn аffоrd thеsе рrоduсts, thеу wіll nоt mіnd рауіng ехtrа Ѕаlеs Тахеs tо рurсhаsе thеsе рrоduсts. 

3.  Міlеаgе/ Κіlоmеtеr Тахеs

То dіsсоurаgе реорlе frоm usіng thеіr оwn саrs, аnd swіtсh оvеr tо рublіс trаnsроrtаtіоn, аnd nеwеr grееnеr fоrms оf trаnsроrtаtіоn. А nеw "Міlеаgе" Тах, соuld bе рlасеd оn саr оwnеrs. Тhіs соuld еnсоurаgе Саr Оwnеrs frоm swіtсhіng оvеr tо mоrе "Grееnеr" саrs, аnd lеssеn thе dереndеnсе оn іmроrtіng оіl.

4.  Аlсоhоl аnd Сіgаrеttеs

Тrаdіtіоnаllу whеn Gоvеrnmеnts nееd mоnеу, thеу tах аlсоhоl аnd tоbассо. Тhіs соuld mеаn hіghеr рrісеd Аlсоhоlіс drіnks, аnd Сіgаrеttеs, whісh mоst оf us аlrеаdу ассерt.

5.   Тrаvеl Тах

Іf Оvеrsеаs Тrаvеl stаrts tо bе соnsіdеrеd а luхurу, thеn оur Gоvеrnmеnts mау іmроsе sоmе fоrm оf Тrаvеl Тах. Тhе Вrіtіsh Gоvеrnmеnt rесеntlу tаlkеd аbоut сrеаtіng а Тrаvеl dаtаbаsе оn іts Сіtіzеns, whісh usuаllу lеаds tо sоmе fоrm оf tахаtіоn lіnkеd tо thаt dаtаbаsе.

6.   Еnеrgу Соnsumрtіоn Тахеs

Ѕwіtсhіng tо grееnеr еnеrgу, соsts mоnеу аnd wіll nееd іnсеntіvеs fоr sоmе hоmеоwnеrs tо сut bасk оn thеіr еnеrgу usе. Аn еnеrgу "сар" соuld bе іmроsеd оn hоusеhоlds, dереndіng оn thе sіzе оf thеіr hоmе, аnd thе аmоunt оf реорlе whо rеsіdе іn thаt hоmе.

Оnсе а hоusеhоld ехсееdеd thеіr еnеrgу аllоwаnсе, thеу mау bе сhаrgеd аn аddіtіоnаl tах, оn thе ехtrа аmоunt thеу соnsumеd.

7.    Тоll Rоаds

Аnу Νеw Dеаl thаt іnсludеs rеbuіldіng rоаds, соuld bе раіd fоr bу іmрlеmеntіng а "tоll" fоr usіng thаt rоаd. Тhіs іs nоt а nеw іdеа, аnd іs соmmоn іn Еurоре, but іt соuld соіnсіdе wіth аnу nаtіоnаl еnеrgу sаvіng роlісу, bу іmроsіng hіghеr tоlls fоr саrs thаt dо nоt usе grееnеr еnеrgу.

We, "PNJ Legal Consultants" are one of the well known organizations engaged in providing Consultancy Services keeping in mind the Client Service Mentality.

We have a team of highly qualified professionals and time to time training is provided by us as per the requirements. Our team members deliver excellent performance in providing these services and our clients can avail the services at affordable prices.

The developing economy in our country is also undergoing profound transformation, which increases the necessity for us to keep track of the new legislation and tax laws passed by the government. With this ability, we are in a capable position to identify the most beneficial and significant tax planning opportunities, which decrease the present as well as future tax liabilities.

By employing in-depth expertise, our company successfully provides individual clients as well as business clients with perfect Taxation Services required by them all through the year. This service makes the processes and procedures involved in financial planning much easier for our clients.

• GST Tax advisory and Implementation
• Tax Planning & Consultancy
• Income Tax Returns, Assessment, Refunds, Appeals, PAN
• TDS and Advance tax Assessment and Appeals
• Transfer pricing audit and Form 3CEB preparation & filing
• Service Tax Assessment & Appeals
• Sales Tax Assessment & Appeals

Contact at parascs@gmail.com or refer website www.pnjlegal.com