KSMG EXPERTISE

Comprehensive Review of Business Exemptions & Grants

Systematically assessing your eligibility for various tax exemptions, deductions, government grants, and financial incentives available to businesses in India.

  • Business tax exemption opportunity identification
  • Government grant & incentive eligibility assessment
  • Documentation support for applications
  • Post-approval compliance advisory services

Holistic Assessment Scope

This service offers a combined review covering:

Tax Exemptions & Deductions

Identifying benefits under Income Tax (e.g., for specific zones like SEZs, certain industries, capital gains exemptions) or GST law.

  • Special Economic Zones (SEZ) tax holidays
  • Industry-specific exemptions and deductions
  • Capital gains exemption opportunities
  • GST exemptions and concessions

Government Grants & Subsidies

Assessing eligibility for non-tax financial support schemes offered by central or state governments.

  • Manufacturing promotion schemes
  • Export incentive programs
  • R&D support initiatives
  • MSME-focused financial assistance

Comprehensive Assessment

Our assessment looks at multiple factors to maximize your benefit opportunities:

  • Evaluating eligibility criteria based on business profile
  • Analyzing business activities and operations
  • Considering location-based incentives
  • Assessing investment patterns and opportunities
  • Quantifying the potential combined financial impact of available benefits

Holistic Financial Benefits

Capturing both tax-based and grant-based opportunities in a single comprehensive review.

Tax Exemptions Government Grants Subsidies Incentives

Why a Broad Review is Beneficial

The landscape of government support and tax benefits is fragmented. A holistic review ensures:

  • Comprehensive Coverage: No significant opportunity (tax or non-tax) is overlooked in the fragmented benefits landscape.
  • Synergy Identification: Potential synergies between different schemes are identified to maximize total benefits.
  • Financial Optimization: Businesses maximize available financial support from all relevant sources.
  • Informed Decision-Making: Strategic business decisions are made based on a complete picture of available benefits.

Our Methodical Approach

1

Systematic Diagnostic

Conducting a systematic diagnostic of business operations against known criteria for both tax exemptions and grant eligibility.

2

Comprehensive Benefit Identification

Identifying all potentially applicable tax exemptions and grant schemes, creating a complete map of available benefits.

3

Compliance Advisory

Advising on compliance requirements for claiming each benefit, ensuring all eligibility criteria are understood and can be met.

4

Implementation Support

Assisting in preparing necessary applications or documentation and helping quantify the overall potential financial advantage from all identified benefits.

Uncover All Available Business Benefits

We leverage our combined knowledge of tax laws and government incentive programs to help you discover and capitalize on the full range of financial benefits your business qualifies for.