1. Why should I hire a tax consultant instead of filing on my own?
While online portals allow self-filing, a professional tax consultant ensures accuracy, maximizes deductions, and prevents penalties. At GCS, we also provide strategic tax planning to help you save money legally and efficiently.
2. Which type of company registration is best for startups?
It depends on your goals. Private Limited is best for seeking investors, while LLP is ideal for professionals/partnerships. Proprietorship is easiest for freelancers.
3. How long does it take to register a new company in India?
Usually 7–10 working days with proper documentation.
4. Do I need to register for GST even if my business is small?
Mandatory if turnover exceeds ₹40 lakhs (goods) or ₹20 lakhs (services), or for interstate/e-commerce sales. Many opt in voluntarily for input tax credits.
5. What documents are required for Income Tax Filing?
Individuals: Form 16, bank statements, investment proofs. Businesses: Books of accounts, GST reports, previous ITRs.
6. What is a CMA Report and why do banks ask for it?
A Credit Monitoring Arrangement (CMA) Report helps banks assess your business’s financial health and repayment ability. We prepare bank-trusted reports.
7. Do you also help with business loans?
Yes! We provide support for Term loans, working capital, NBFC loans, and project Feasibility CMA documentation.
8. How can startups benefit from your consulting services?
We act as a one-stop partner for registration, daily bookkeeping, tax filings, financial planning, reporting, and advisory.
9. What makes GCS different?
Expertise across Finance, Tax, Legal, and Business Advisory under one roof. We focus on sustained growth, not just compliance.
10. How do I know if my business is ROC compliant?
Every registered company must file annual returns. We handle these filings so you never miss a deadline.
11. Do you offer ongoing support?
Yes, we provide both one-time services and ongoing support like monthly bookkeeping and tax management.