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Direct & Indirect Taxes

V N V stands as a seasoned expert in corporate tax, offering a comprehensive suite of services ranging from tax compliance, representation, litigation, pre-transaction advisory, to tax risk assessment. Our approach goes beyond mere tax reduction; we view tax services as a strategic endeavor to achieve efficiency while minimizing risks. In an era where tax decisions face unprecedented scrutiny, organizations of all sizes, from middle-market enterprises to multinationals, find themselves navigating a landscape of evolving tax regulations.
Large corporate groups, with their intricate transactions and unique structures often rooted in historical contexts, demand specialized advice to effectively manage their tax obligations. Negotiating through special tax rules tailored for corporations and corporate groups requires a nuanced understanding, a perspective that our dedicated team, tailored for each area of tax practice, brings to the forefront. The role of the tax function has evolved to contribute value to the overall company strategy, seamlessly integrated into the broader business context.
At V N V, we maintain the highest ethical standards and deliver quality services. Our proactive approach to tax services involves active participation of our partners in discussions, contributing to the formulation of new tax laws. This commitment to excellence and strategic collaboration ensures that our clients receive not only compliance but a comprehensive, value-driven approach to corporate tax.


 
Planning & Advisory Pre-Transaction Advisory
Tax Risk Assessment
Corporate Tax Planning
Tax Holiday Planning
Supply Chain Taxation
 
Compliance Preparing & filing of various forms & returns such as Monthly GST returns, ITR, Form 67
Regulatory Correspondence
 
Representation & Litigation Representation
Strategies for Litigation
Support for HC & SC
 

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02/04/2025
GST Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Assam
Gross and Net GST revenue collections for the month of Mar, 2025
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31/03/2025
NFRA flags lapses in audit quality of three Audit Firms
28/03/2025
CA final exams to be held thrice a year from this year - ICAI
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Bank Branch Audit 2025 Updates - Panel to Banks
24/03/2025
SC allows Audit Regulator NFRA to initiate proceedings against CAs
RBI approves hike in ATM interchange fees
 
01/04/2025
Master Circular - Housing Finance for UCBs
Master Direction - Reserve Bank of India (Interest Rate on Deposits) Directions, 2025
Master Circular – Housing Finance
Master Circular - Bank Finance to Non-Banking Financial Companies (NBFCs)
Master Circular - Income Recognition, Asset Classification, Provisioning and Other Related Matters - UCBs
Master Circular - Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances
Master Circular - Guarantees and Co-acceptances
Master Circular - Guarantees, Co-acceptances & Letters of Credit - UCBs
Master Direction – Facility for Exchange of Notes and Coins
Reserve Bank of India (Classification, Valuation and Operation of the Investment Portfolio of Commercial Banks) Directions, 2023
Master Circular - Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Master Direction on Counterfeit Notes, 2025 – Detection, Reporting and Monitoring
Master Circular – Basel III Capital Regulations
Master Circular on Board of Directors - UCBs
Master Circular on Conduct of Government Business by Agency Banks - Payment of Agency Commission
Master Circular - Disbursement of Government Pension by Agency Banks
Master Direction – Scheme of Penalties for bank branches and currency chests for deficiency in rendering customer service to the members of public
Master Direction on Penal Provisions in reporting of transactions / balances at Currency Chests
Master Circular – Lead Bank Scheme
Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
Master Circular – Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM)
Master Circular on SHG-Bank Linkage Programme
29/03/2025
Revised norms for Government Guaranteed Security Receipts (SRs)
Special Clearing Operations on March 31, 2025
27/03/2025
General Notification for Sale and Issue of Government of India Securities (including Treasury Bills and Cash Management Bills)
Gold Monetization Scheme (GMS), 2015 - Amendment
Master Direction – Reserve Bank of India (Prudential Norms on Capital Adequacy for Regional Rural Banks) Directions, 2025
Master Directions - Reserve Bank of India (Priority Sector Lending – Targets and Classification) Directions, 2025
Priority Sector Lending Certificates
Review of Priority Sector Lending (PSL) Target – Urban Co-operative Banks (UCBs)
Currency Chest operations on March 31, 2025
21/03/2025
Treatment of Right-of-Use (ROU) Asset for Regulatory Capital Purposes
Amortisation of additional pension liability - Implementation of Pension Scheme in Regional Rural Banks with effect from November 1, 1993 - Prudential Regulatory Treatment
Reserve Bank of India (Financial Statements - Presentation and Disclosures) Directions, 2021: Clarifications
17/03/2025
Asian Clearing Union (ACU) Mechanism – Indo-Maldives trade
Annual Closing of Government Accounts – Transactions of Central / State Governments – Special Measures for the Current Financial Year (2024-25)
Implementation of Section 51A of UAPA, 1967: Updates to UNSC’s 1267/1989 ISIL (Da'esh) & Al-Qaida Sanctions List: Amendments in 12 Entries