Consultants India's No.1 Consultant Company

R K Consultants provides accounting, tax, business setup, outsourcing, consulting and compliance services. R K Consultants provides services for companies with accounting, tax and regulatory compliance services in an integrated and comprehensive manner. R K Consultants provides legal advices for all kinds of tax matters. R K Consultants is a team of dedicated and experienced professionals committed to delivering quality service to clients. R K Consultants's professional team has successfully assisted our clients in realizing the outsourcing advantage and delivering sustainable competitive advantage. R K Consultants's mission is to offer quality service in the areas of taxation, accounting, payroll, e-filing, auditing, venture capital,funding, loan,syndicationetc. R K Consultants's clientele includes such giants sterling & willson.

Income Tax

What is Income Tax?
It is a tax imposed by the Government of India on any body who earns income in India. This tax is levied on the strength of an Act called Income tax Act which was passed by the Parliament of India.

What is Service Tax and who pays this tax?

Service tax is, as the name suggests, a tax on Services. It is a tax levied on the tr ansaction of certain services specified by the Central Government under the Finance Act, 1994.

It is an indirect tax (akin to Excise Duty or Sales Tax) which means that normally, the service provider pays the tax and recovers the amount from the recipient of taxable service.


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