lower deduction filing
01
Optimize Your Cash Flow: Lower TDS Certificates (LDC) for NRIs
One of the biggest financial hurdles for Non-Resident Indians (NRIs) is the steep Tax Deducted at Source (TDS) on Indian income. Unlike resident Indians, NRIs often face a flat 20% to 30% TDS on property sales, and over 31% on rental income and interest. This tax is deducted from the total sale value or gross income, not just your actual profit, often locking up millions of rupees in excess tax for over a year.
At CrossBorder Partners, we specialize in filing Lower Deduction Certificate (LDC) applications under Section 197 of the Income Tax Act. By presenting a detailed computation of your actual tax liability to the Income Tax Department, we secure an official certificate that instructs your buyer, tenant, or bank to deduct TDS at a significantly reduced rate (often as low as 1% to 3%). This ensures your hard-earned capital remains in your hands instantly, eliminating the long wait for tax refunds and providing you with immediate liquidity for your next global investment.
02
Statutory Tax Compliance (GST & Income Tax)
Navigating the Indian tax maze with zero errors. The Indian tax system is rigorous, with monthly filing requirements. We ensure that your "Tax Health" is perfect, preventing interest penalties and keeping your GST registration in good standing.
Sector-Specific Sourcing: Accessing deep talent pools in Textiles, Diamonds, Chemicals, IT, and Manufacturing.
Multi-Stage Vetting: Every candidate undergoes rigorous background checks and technical assessments tailored to your standards.
Bulk Hiring Solutions: Efficiently scaling up factory teams or sales departments for national rollouts.
03
Payroll & Employee Reimbursement Management
Ensuring your local team is paid accurately and on time. Indian payroll involves complex statutory deductions like Provident Fund (PF) and Professional Tax. We manage the entire lifecycle of employee payments and reimbursements.
End-to-End Payroll: Processing monthly salaries, generating pay slips, and managing year-end Form 16 for employees.
Statutory Fund Management: Managing monthly contributions and filings for PF, ESIC, and Labor Welfare Funds.
Expense Claim Processing: Vetting and processing employee travel and business expense claims in line with your global corporate policy.
04
Financial Reporting & MIS
Bridging the gap between Indian data and Global HQ. Standard Indian financial statements often don't meet the reporting needs of an international head office. We provide customized Management Information Systems (MIS) reports that translate local data into your global format.
Monthly MIS Packages: Tailored reports including P&L, Balance Sheet, and Cash Flow analysis.
Budget vs. Actual Analysis: Helping you track your Indian subsidiary’s performance against global projections.
Audit Support: Coordinating with statutory auditors to ensure a smooth, stress-free annual audit process.