Recognizing the need for efficient and responsive services at a realistic cost. ABOUT US:
ASP GROUPS was established in 2009 to offer service in accounting, taxation, business services advising, tax effective investment, and refunds from tax authorities for Indian business sectors and Clients. Our client ranges from small to medium sized businesses in a wide array of industries like IT, BPO, Tel
ecom, Logistics, real estate, construction, consulting, professional services, retail, manufacturing, restaurants, hotels, NGO'S like Charity organization, School, Hospitals, Churches etc.,
VISION:
Position ASP GROUPS is a trusted advisor by providing distinct, timely, high quality services, be a solution centric, responsive, Proactive and help achieving excellence and beyond services at a realistic cost. MOTTO:
OUR SPIRIT IS YOUR LIBERTY……………….. SERVICES:
ASP GROUPS offers a wide range of services to our Business Sector and Individual clients. Because our firm is relatively small, our clients benefit by getting personalized quality service that is beyond comparison. Below we have listed the services that we offer to our clients along with a brief description. As the list below is by no means all-inclusive, please feel free to inquire about a service if you do not see it listed
ACCOUNTING, INTERNAL AUDIT & BUSINESS SERVICES:
1. Accounting, Internal Audit and Business services for Companies, LLP, Partnership Firm, Individual Business, Professional Firm, NGO’S, FCRA etc.,
2. On line Accounting in Quick Books, KGYL, E-Freight, Tally etc.,
3. Preparation of monthly, quarterly and annual financial statements including compilation
10. Referral and provide financial advice in of 100% Tax-deductible/Tax Effective Investments,
11. Sound knowledge and understanding of financial preparation and ensuring compliance with various statutory regulations, Indian and international Financial Reporting System (IFRS) and interpretation
TAX & LEGAL:
1. Income Tax Return for Companies, LLP, Partnership Firm, Individual Business, Professional Firm, NGO’S, FCRA etc.,
2. Assistance to preparation of Regular and Revised TDS & TCS return and TDS Compliances
3. Service tax registration
4. Assistance to preparation of service tax calculation and filing service tax return and Service tax compliances
5. FCRA Registration and FC-6 Online filing
6. Company Annual returns and compliances in ROC
7. Import and Export Code
9. Investment in India by foreigners or foreign companies (FDI in India)
10. FEMA consultancy
11. Formation of Companies, LLP, Partnership Firm, Individual Business, Professional Firm, NPO’S etc.,
12. 80G Approval for Charitable NPO
13. 12A (a) registration for NPO
14. TAN & PAN Services
15. PF & ESI Registration
16. RBI Annual filings (FC-GPR)
ACCOUNTING, INTERNAL AUDIT & BUSINESS SERVICES:
Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services for IT, BPO, Telecom, Logistics, real estate, construction, consulting, professional services, retail, manufacturing, restaurants, hotels, NGO'S like Charity organization, School, Hospitals, Churches, we offer a variety of accounting services including:
1. The design and set up of accounting systems
2. Maintenance of general ledger and other accounting records on our in-house computers or regular on-site support
3. Preparation of monthly, quarterly and annual financial statements including compilation
4. When you have questions or need help, you’ll find it easy to get in touch with us.
5. To help you save money and be more productive, we are available to:
6. Train your staff so that you can do as much as possible in-house
7. Help you select, install, configure, and optimally utilize cost-effective accounting systems providing a level of technical expertise rarely available from other firms.
8. We have also helped clients install and use a variety of industry specific and general application software like Quick Book, Tally, E-Freight, KGYL Software etc.,
TAX & LEGAL:
We take tax consulting seriously. We have years of experience on both sides of the fence - within the tax department itself and also as consultants to businesses and individuals. Apart from helping you save money, our experience ensures that you know your position fully and accurately when it comes to your tax position. We particularly enjoy helping you:
1. Find every possible deduction
2. Utilize effective tax planning to minimize taxes
3. With significant changes in the last years, there are more opportunities to save money.
4. Our business tax services include:
5. Coordinating with personal tax planning
6. Organizing
7. A general advice depending the kind of business you are in
8. We also consult in estate planning to:
9. Reduce or eliminate tax due on the transfer of a business or other assets
10. Provide the orderly transfer of assets to beneficiaries
11. Ensure business continuity and succession of ownership
12. Provide security for a surviving spouse
13. We also represent clients before the Tax Audit Service and other taxing authorities, helping to resolve tax issues and negotiate settlements
PAYROLL SERVICES:
For your payroll administration we work with a monthly all-in fee, so your monthly costs are conveniently arranged. Interim movements for new employees or leaving employees for instance are not charged extra. Also included are your monthly tax return and the submission of the yearly summary statements of wages and salaries to the Tax Department and Directorate of labor. We apply the following procedure:
1. The payroll information (employee's information, hours, and salaries) is submitted by e-mail in an Excel sheet designed for your enterprise.
2. Subsequently, the information is processed electronically in Payroll Pro, after which you will receive the so-called 'pre-check' by e-mail (or by fax) for verification. This takes place within 24 hours after receipt of the information.
3. Any changes are processed, after which you will receive the final payroll (salary slips) by e-mail (or fax).
4. In addition to the payroll, you will receive a statement of the wage tax and social insurance contributions to be paid, the journal entry for salaries, specifications of deductions, bank files (which you forward to your bank for an automatic transfer of the salaries), any other report you may desire. OTHER STRENGTH:
1. Design, Implementation and testing of Internal Control over financial reporting
2. Management Audits
3. Provide the clients the value addition through advising on various company laws, Taxation, Internal control weakness and complex accounting issue
4. Provide off shore projects and international assignments
OUR APPROACH & METHODOLOGY:
1. Develop sound Internal control system to curtail revenue leakage
2. Instant and constrictive solution for critical issues
3. Keeping the clients updated on the changes of provisions in the relevant acts
3. Guiding the clients to adopt new accounting standards
4. Constantly exceeding clients’ expectation without compromising the independence
5. Deliver our findings in writing
6. Coordinating and cooperation between clients and chartered accountant
7. Timely completion of tasks without compromising the quality of the work
