Taxation Advisory- Direct, Indirect, International Taxation
The core strength and value addition Optimal brings on table for any organisation is with
its innovative and impeccable Tax advisory. The founders of Optimal have a demonstrated
hands-on experience of unwinding the complexities of Indian Taxation, which has not only
helped the organisations to be compliant with the statutory requirements at various state
and central level of taxation but has also contributed significantly in the bottom lines of
the projects through successful application and implementation of innovative tax
strategies and contract restructuring.
We, at Optimal, have experienced that Taxes account for a significant portion of the
project value and therefore have also been a key driver of cost and profitability of any project. Many a times, wrong application of taxes result either in excessive cost & cash
outflow which could very well be saved without any additional risk; or in serious tax
defaults. Most of the times in our experience, it is found that the management of
companies have their key focus concentrated on material planning, logistic planning,
project/ sales planning, client management etc. and is not present to such losses/ defaults
well in time because the potential of Tax Planning often gets ignored, which is the key
differential between a successful and unsuccessful bid/ project.
Variety of kinds and rates of taxes, having different applications and rates for goods and
services, work contracts, state/ central levels, direct/ indirect and involvement of TDS/
withholding tax makes Indian Tax regime very complex for the businesses. With dynamic
changes in the tax laws and structure in recent times, it has become a very tough
challenge for organisations to optimise the tax cost and comply with the numerous
statutory requirements at the same time. The situation aggravates in contracts with the
requirement of deduction of tax at source (TDS) on Income tax and work contracts as it
adversely affect the availability of much needed cash flow of the projects, which
otherwise could be addressed with innovative tax strategies/ structuring.
Team Optimal specialises in optimising the application of taxes in a project in terms of
cost as well as cash flow and being tax compliant at the same time. We advise on right
from the entity structure for execution of project; undertake proper structuring of various
contracts in the project for appropriate and correct application of applicable direct &
indirect taxes affecting cost (P&L) & cash flow to keep the organisations on right side of
tax laws with minimal taxation.
We have a demonstrated track record of quantifiable contribution in the bottom lines
worth more than USD 100 Million and making huge difference in success of the bids/
viability of the projects through development and implementation of successful Tax
strategies/ structuring in the organisations we have been associated with.