Tax Jobs in Gurgaon

Market context

Direct Tax professionals in Gurgaon focus on the compliance, advisory, and planning aspects related to corporate and individual income taxes for businesses and high-net-worth individuals.

India's direct tax regime is governed by the Income Tax Act, 1961. The current corporate tax rate for domestic companies is 22% (plus surcharge and cess) for those foregoing exemptions, or 15% for new manufacturing companies. Advance Tax, TDS (Tax Deducted at Source), and TCS (Tax Collected at Source) are critical components. Annual income tax returns (ITR) must be filed by specified due dates (e.g., September 30 for companies subject to audit, July 31 for individuals). The Central Board of Direct Taxes (CBDT) is the primary governing body.

Regulatory timeline

• 2024-02-14Introduction of new ITR forms for AY 2024-25Finalized
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• 2023-11-20Faceless Assessment Scheme enhancementsOngoing implementation
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Skills & tools