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Project Report ON: Professional Tax Consultancy Business OF Vashista Solutions Pvt. LTD

Vashista Solutions Pvt. Ltd. is launching a professional tax consultancy business in Bengaluru, India. The total projected budget is Rs. 7,60,000 which will be spent on computers, printers, furniture, laptops, and tax reference materials. The business is funded through director's funds, bank advances, and other sources. Projected income comes from initial review charges, professional charges, and bank loans. Over time, both income and expenditure are expected to increase, with estimated annual profits ranging from Rs. 200,000 to Rs. 400,000.

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0% found this document useful (0 votes)
230 views7 pages

Project Report ON: Professional Tax Consultancy Business OF Vashista Solutions Pvt. LTD

Vashista Solutions Pvt. Ltd. is launching a professional tax consultancy business in Bengaluru, India. The total projected budget is Rs. 7,60,000 which will be spent on computers, printers, furniture, laptops, and tax reference materials. The business is funded through director's funds, bank advances, and other sources. Projected income comes from initial review charges, professional charges, and bank loans. Over time, both income and expenditure are expected to increase, with estimated annual profits ranging from Rs. 200,000 to Rs. 400,000.

Uploaded by

Sowmya
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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PROJECT REPORT

ON

PROFESSIONAL TAX CONSULTANCY


BUSINESS

OF

VASHISTA SOLUTIONS PVT. LTD.


No.195, ‘Sri Ragahavendra Nilaya,” 1st Floor, 17th ‘D’ Cross, 3rd Block,
4th Stage, Basaveshwara Nagara, BENGALURU – 560 079.
VASHISTA SOLUTIONS PVT. LTD. – PROJECT REPORT

CONTENTS

1. INTRODUCTION…………………………………………01

2. PROJECT BUDGET………………………………………02

3. PROJECT FINANCE……………………………………...03

4. PROJECTED INCOME EXPENDITURE………………...04

2
VASHISTA SOLUTIONS PVT. LTD. – PROJECT REPORT

INTRODUCTION – PROJECT OVERVIEW

VASHISTA SOLUTIONS PVT. LTD. Concern promoted by Shri. Muralidhara


having its registered office at No.195, “Sri Raghavendra Nilaya”, 1 st Floor, 17th ‘D’
Cross, 3rd Block, 4th Stage, Basaveshwara Nagar, BENGALURU – 560 079. We,
Vashista Solutions Pvt Ltd., are engaged in providing services in the areas
where the customers are really need a solution to get the best out of within
the four corners of the law.
We provided the complete solution in the In-direct tax matters.
We are providing the services covering the areas like Central Excise, Service
Tax, Sales Tax, Value Added Tax, DGFT, and Export –Import, SEZ. 100%
EOU, STPI,

The emphasis in our functioning is on optimization of results with maximum


customer satisfaction. Speed with efficiency is the essence of our company
policy. Our ongoing endeavor is to create an organizational ambience where
talent can bloom. To do so, we strive to make the work place a source of
creativity, innovation and one, which lends meaning to work. We have
dedicated team of professionally qualified & experienced executives.

Director of the Business has requisite knowledge and experience in the field
and has already undertaken the basic promotional activities and requisite
equipments which has been mentioned in the further portions of the report
respectively.

Being a small – medium scaled activity, immediate yield is assured and


guaranteed since service being the consumer oriented for which returns does
not depend on market volatility. Its one of the basic necessity in
Manufacturing and Service Industry assured returns are certain.
1.

VASHISTA SOLUTIONS PVT. LTD. – PROJECT REPORT

PROJECT BUDGET

Total Budgeted Expenditure estimated to be Rs. 7,60,000/-


(Rupees Seven Lakh Sixty Thousands only) approx
involving the following investments and expenditures.

PARTICULARS Rs.
1. Computer 10 no’s 3,00,000

2. Printer, Fax & Scanner 60,000

3. Furniture & Fixtures 1,00,000

4. Lap Top 4 no’s 2,00,000

5. Supreme Court / High Courts Case law


reference Books and other Tax related Software 1,00,000
etc.

TOTAL ESTIMATED 7,60,000


2.
VASHISTA SOLUTIONS PVT. LTD. – PROJECT REPORT

PROJECT FINANCE

SOURCES

● Directors Fund 5,85,000


● Advances from Banks 1,00,000
● Others 75,000
TOTAL 7,60,000

PROJECT FUNDING SOURCES

PROJECT FUNDING SOURCES

3.
VASHISTA SOLUTIONS PVT. LTD.

PROJECTED INCOME AND EXPENDITURE STATEMENT

2010-11 2011-12 2012-13 2013-14


INCOME

Initial Review Charges 130000 180000 230000 250000

Professional Charges 790000 1095000 1400000 1898000

Bank Loan 100000 0 0 0

TOTAL 1020000 1275000 1630000 2148000


(A)

EXPENDITURE
750000 950000 1250000 1650000
Salary & Wages
50000 50000 50000 50000
Bank Loan Charges
20000 25000 30000 48000
Miscellaneous Expenses
820000 1025000 1330000 1748000
TOTAL
(B) 200000 250000 300000 400000

Estimated Profits A-B


4.

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