Tax Services – Domestic and International

Helping with tax challenges, wherever you are in the world. 

If you’re a global business juggling complex and diverse tax rules of multiple markets, it can be hard to stay on top of what can seem like ever-changing regulations. RSM can help solve your tax challenges, offering in-depth, up-to-date knowledge of the relevant local rules and regulations. Through collaboration with our tax professionals across all relevant jurisdictions, we are able to provide you with seamless advisory and compliance solutions for taxes in India and international tax law.

Broadly, our domestic service areas in tax cover:

Indian tax law is well structured, wherein the power to levy taxes is clearly demarcated by the constitution between the central government, the state governments and local bodies. Taxes in India can broadly be classified into direct tax and indirect tax. Some of the major taxes levied by the central government are classified below:

  •  Direct tax: 
  •  Income tax
  •  Wealth tax
  •  Indirect tax:
  •  Customs duties
  •  Central excise
  •  Service tax

Since July 2017, the Goods and Services Tax (GST) has made the taxation system more dynamic in terms of effective administration, creating efficient tax collection and reducing the cascading effect of taxes in India.

We provide practical, commercially focused and socially responsible solutions for both multi-national and Indian companies, as well as expatriates and non-resident and resident Indians. Our extensive knowledge of taxation practices and detailed understanding of both international tax law and Indian tax law leaves us expertly positioned to help your business. Our procedures follow globally regarded best practice, and our regular interaction with international tax authorities ensures we maintain this at all times.

We are a leading service provider in matters of direct and indirect tax, covering the full spectrum of Indian and international tax law and key regulations including transfer pricing, service tax, VAT, central excise and GST.  We can also assist you with numerous specialised service areas, with experience in business set up in India and overseas, not to mention corporate business structuring, transaction advisory and multiple other avenues.

How we can help

  •  Provision of effective taxation strategy for corporates and non-corporates through consideration and application of various tax holidays and benefits under the existing taxation regulations
  •  Advising on taxation and exchange control regulations for investments or setting up of business in India and abroad
  •  Evaluating the existing compensation structure of employees and suggesting tax efficient improvements
  •   Advisory on withholding tax, assistance in seeking advance rulings on international tax issues and representation before tax and judicial authorities in assessment and appeals
  •  Handling and representation in income tax search, seizure and survey cases
  •  Expatriate taxation advisory services
  •  Advising on corporate structuring and transaction advisory services with a view to optimize tax incidence
  •  Assistance and training for compliance around Goods and Services Tax (GST)

Why choose RSM for your tax services?

  •  RSM is the world’s seventh largest network of audit, tax and consulting firms and the sixth largest global provider of tax services by revenue
  •  RSM in India is consistently ranked amongst India’s top six accounting and consulting groups*
  •  Extensive experience in advisory, tax and accounting matters across various sectors
  •  Dedicated team of highly qualified, experienced and trained professionals
  •  Full knowledge of India tax law, as well as international tax legalities

For more information on how RSM can assist you with taxes in India, contact us today.

* Please visit our legal section to know about the legal structure of the RSM network and RSM in India.




Newsflash - 49th GST Council Meeting’s Outcome

23 February 2023
The GST Council, headed by Union Finance Minister Smt. Nirmala Sitharaman conducted its 49th meeting on 18 February 2023 at New Delhi. The key recommendations made by Council are encapsulated in the newsflash.  

India Budget 2023 - Publication

2 February 2023
India Budget 2023 - Publication We are pleased to enclose herewith our publication viz. 'India Budget 2023 – Highlights' wherein we have analysed the Union budget tax and other Regulatory Proposals announced on 1st February 2023.

Join our Webinar where we will demystify the Budget proposals

1 February 2023
The union finance minister has presented the budget proposals on 1st February 2023 which would provide for the fiscal and tax roadmap for the year ahead.

India Budget 2023 – Insights & Updates

1 February 2023
India Budget 2023 – Insights & Updates   'India Budget 2023 – Key Aspects in a Nutshell' highlighting certain key aspects of the Union Budget 2023 announced on 1st February 2023.  

2023 Pre Budget: Will Salaried individuals get relief this year?

1 February 2023
2023 Pre Budget: Will Salaried individuals get relief this year?  

Union Budget 2023 Wishlist: Corporate Taxation

1 February 2023
Union Budget 2023 Wishlist: Corporate Taxation  

Union Budget 2023: Pre Budget Wishlist Gems & Jewellery (G&J) Industry

30 January 2023
Union Budget 2023: Pre Budget Wishlist Gems & Jewellery (G&J) Industry  

Budget 2023: Income tax changes that professionals, small businesses want

30 January 2023
Budget 2023: Income tax changes that professionals, small businesses want  

2023 Union Pre-Budget Wishlist: Personal Tax

30 January 2023
023 Union Pre-Budget Wishlist: Personal Tax  

Budget 2023 – Pre-Budget Expectations on Indirect Taxes

23 January 2023
Budget 2023 – Pre-Budget Expectations on Indirect Taxes Sector-specific expectations:

2023 Union Budget Wishlist: Senior Citizens

16 January 2023
India is the second most populated country in the world after China with an approximate population of 1.39 billion. Out of this, approximately 10.36% are aged 60 years or above i.e. ~ 144 million constituting a substantial part of the Indian demography and thus significantly driving the growth of the country.  

2023 Union Wishlist: Salaried Taxpayers

16 January 2023
There are more than 80 million taxpayers in India and of which besides corporates, salaried class taxpayers form a significant chunk. The annual budget exercise is one of the keenly awaited regulatory announcements by the salaried class as any reliefs / deductions or changes in tax rates directly impacts their finances and budget.

Summary of Recent Circulars issued under GST

11 January 2023
In accordance with the recommendations made by the GST Council in its 48th meeting, Central Board of Indirect Taxes and Customs (CBIC) has issued several clarificatory circulars on prevalent issues under GST.  

UAE releases Federal Decree on Taxation of Corporations and Businesses

11 January 2023
United Arab Emirates (‘UAE’) has issued the Federal Decree-Law No. 47 of 2022 on the taxation of Corporations and Businesses in December 2022 and which would be effective from period commencing on or after 1 June 2023.

Newsflash: Central Government brings into force the changes notified under CGST Act 2017 vide Finance Act 2022 with effect from 1 October 2022

11 January 2023
The Central Board of Indirect Taxes and Customs (CBIC) vide Central Tax Notification No. 18/2022 – C.T. dated 28 September 2022 seeks to bring into effect the changes made under the CGST Act, 2017 through the Finance Act, 2022 and to be made effective from 1 October 2022.


How can we help you?

Contact us by phone +91 22 6108 5555 or submit your questions, comments, or proposal requests.

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