COMPETITORS
All organization should be aware of its competitors and the services they render so that they don’t shirk away their clients by offering less than what the competitor is offering. By giving more than their rivals the association can achieve the highest point of their field.
The main competitors for PwC are known as:
• Ernst & Young (ENY)
• KPMG
• Deloitte Touché Tohmatsu
• Grand Thorten (GT)
• BMR
The 3 companies from the top including PwC are known as the big four and are in close competition with each other in the world of financial consultancy, taxation, advisory and auditing.
SWOT ANALYSIS
Strengths
• Large and diverse client base
• Employer of Choice
• Multiple services
• Strong culture and values Weakness
• Comparatively …show more content…
Therefore, Mr. Shukla qualifies as Non Resident.
Since, he qualifies as nonresident; he will be liable to pay taxes on Indian sources income.
Calculation of tax liability
Particulars Amount (INR)
Salary 1500000
Add: Perquisites 200000
Less: Tax on Employment …show more content…
CONCLUSION
The summer internship at PwC was a splendid experience. It augmented me with a lot of information as to how a corporate works efficiently and competently.
On completing the project compliance of taxation for expatriates in India I have drawn a perception that taxability is specialized field in the professional world. This study helps in understanding the basic tax rules and regulation as well as provisions applicable in different scenarios. This study also helps to gain knowledge of regulatory international taxation which includes tax structure of overseas countries, provisions as provided between two countries under treaty hence agreed by the respective governments. In addition, this study on taxation of expatriates also help to keep updated on the recent circulars, notifications, office memos and amendments in the existing laws.
I was capable to learn the processes with the PwC employees and everybody cooperated and helped me gain much knowledge about the company and its
All organization should be aware of its competitors and the services they render so that they don’t shirk away their clients by offering less than what the competitor is offering. By giving more than their rivals the association can achieve the highest point of their field.
The main competitors for PwC are known as:
• Ernst & Young (ENY)
• KPMG
• Deloitte Touché Tohmatsu
• Grand Thorten (GT)
• BMR
The 3 companies from the top including PwC are known as the big four and are in close competition with each other in the world of financial consultancy, taxation, advisory and auditing.
SWOT ANALYSIS
Strengths
• Large and diverse client base
• Employer of Choice
• Multiple services
• Strong culture and values Weakness
• Comparatively …show more content…
Therefore, Mr. Shukla qualifies as Non Resident.
Since, he qualifies as nonresident; he will be liable to pay taxes on Indian sources income.
Calculation of tax liability
Particulars Amount (INR)
Salary 1500000
Add: Perquisites 200000
Less: Tax on Employment …show more content…
CONCLUSION
The summer internship at PwC was a splendid experience. It augmented me with a lot of information as to how a corporate works efficiently and competently.
On completing the project compliance of taxation for expatriates in India I have drawn a perception that taxability is specialized field in the professional world. This study helps in understanding the basic tax rules and regulation as well as provisions applicable in different scenarios. This study also helps to gain knowledge of regulatory international taxation which includes tax structure of overseas countries, provisions as provided between two countries under treaty hence agreed by the respective governments. In addition, this study on taxation of expatriates also help to keep updated on the recent circulars, notifications, office memos and amendments in the existing laws.
I was capable to learn the processes with the PwC employees and everybody cooperated and helped me gain much knowledge about the company and its