This position is responsible for: In house advisory on India taxation matters to CA CIB India management. Compliance for Direct Tax, Indirect Tax, RBI, FATCA and any other ad-hoc which includes computation, documentation, implementation, co-ordination and reporting to all related stake holders.
Main duties:
٭ Advising to CA-CIB group entities on Indian tax compliance.
٭ Intimating with implications major development in Indian taxation impacting CA-CIB India to management / business / operations.
٭ Optimization of tax flows and management of tax risk for bank & group entity.
٭ Ensuring statuary compliances of Direct and Indirect tax laws with or without the assistance of an external consultant
- Statutory regulatory filings including coordination for filings like WHT returns, deposit details through operations
- Getting necessary certificates from CA / Regulators
- Representing the bank before various tax and appellate authorities
- Replying notices
- Appealing bank’s claim at various levels whenever necessary
٭ Advising to CA-CIB group entities on Indian tax compliance.
٭ Intimating with implications major development in Indian taxation impacting CA-CIB India to management / business / operations.
٭ Optimization of tax flows and management of tax risk for bank & group entity.
٭ Ensuring statuary compliances of Direct and Indirect tax laws with or without the assistance of an external consultant
- Statutory regulatory filings including coordination for filings like WHT returns, deposit details through operations
- Getting necessary certificates from CA / Regulators
- Representing the bank before various tax and appellate authorities
- Replying notices
- Appealing bank’s claim at various levels whenever necessary
٭Ensuring that all input credit on GST is availed & utilized properly.
٭Evaluation of new products, business agreements from taxation perspective.
٭ Preparing / reviewing submissions for regulators
٭ Responsible for Head office reporting on taxation
٭Liaises with regulators, various internal departments, external tax advisors
٭Review of Functional Analysis & Supports for document maintenance for Transfer Pricing
٭Calculation of tax provision including deferred tax & advance tax liability
٭Responsible for accounting of provisions and tax paid/ adjusted at year wise, reflecting the latest position
٭Ensuring that all tax communication (direct, indirect, TP) are maintained in digitized format for instant retrieval
٭Maintain tax procedures which are in line with current practices.
٭Preparing/reviewing submissions with respect to FATCA/AEOI.
٭Providing inputs with respect to tax clauses in the standard documents issued by the product control team /validating the diversion if any of the standard tax clause with client.
٭ Validation of contingent liability, demand refund summary provided by tax consultants.
