Frequently Asked Questions
Clear answers about the practice, engagement guidelines, and advisory services.
About the Practice
Finavrit is a professional financial advisory firm offering tax, structuring, CFO, and economic consultancy services to domestic and international clients.
Yes. Finavrit has a robust portfolio of international clients, particularly NRIs and overseas businesses based in the USA, UK, UAE, Singapore, Canada, and Australia. Advisory and compliance filings are processed efficiently through secure online workflows.
Traditional CA practices focus on volume compliance (simply filing forms). Finavrit is designed as an advisory-first practice. I focus on understanding your business model, growth goals, and economic environment to offer strategic judgment alongside standard filings.
Finavrit is designed to offer both the personalized focus of a boutique advisory and the execution strength required for comprehensive compliance, audit, and tax matters.
Services & Scope
I work with all forms of business entities: Sole Proprietorships, Partnership Firms, Limited Liability Partnerships (LLPs), Private Limited Companies, early-stage and venture-backed startups, and foreign subsidiaries establishing operations in India.
Yes. Most corporate and business clients engage Finavrit for full-scope compliance retainers covering monthly/quarterly GST returns, TDS compliance, advance tax, and annual corporate income tax returns, coupled with ongoing strategic financial reviews.
Yes. I provide comprehensive litigation and notice support, which includes parsing department notices, drafting detailed legal responses, and representation before Income Tax and GST appellate authorities, CIT(A), and ITAT.
Yes. I advise on the optimal entity selection (LLP vs Private Limited) based on your funding and growth plans, manage the incorporation process, establish initial tax registrations, and implement compliant accounting structures from day one.
Process & Communication
Every engagement starts with a free 30-minute consultation. We review your requirements, after which I supply a written scope of work and fee proposal. Work commences immediately upon execution of the Engagement Letter and receipt of the advance retainer.
For formal records and task management, email is our primary medium. For day-to-day operations and urgent clarifications, we maintain communications via WhatsApp and schedule regular progress reviews over Zoom or Google Meet. Physical consultations are available at the Bengaluru office by appointment.
Strictly. Professional confidentiality is a core obligation under the ICAI Code of Ethics. All client data, bank records, and financial statements are stored in encrypted environments and are never disclosed to third parties without prior authorization.
Pricing & Payments
To ensure billing transparency, I operate on a fixed-fee or monthly retainer model for defined scopes of work. Special advisory projects or litigations are quoted on a lump-sum basis following detailed scoping, eliminating surprise bills.
I accept payments via Bank Transfer (NEFT, RTGS, IMPS), UPI, and secure international wire transfers for foreign and NRI clients.
Yes. In compliance with the CGST Act, a standard GST rate of 18% is applicable to all professional fees charged for CA advisory services.