Your compliance, handled end to end — filed early, explained plainly.
GST, ROC/MCA, income tax, TDS, payroll and cross-border (NRI, FEMA, FDI) compliance for startups, SMEs, NRIs and foreign companies. One accountable person owns your file and tells you, in plain language, what was filed and what is next.
- Fixed-fee proposal before any work
- Clients across India & abroad
- English · ಕನ್ನಡ · తెలుగు · हिन्दी
Which of these sounds like you?
Pick the closest fit to see what applies to you. Cross-border work (NRIs, foreign companies, exporters) is where we go deepest.
Indian startup or SME
Registration to first audit, without hiring a finance team.
NRI building in India
Entity, RBI reporting and tax — right in both countries.
Foreign company entering India
Subsidiary, branch or liaison office — set up and kept compliant.
Exporter or e-commerce seller
LUT, zero-rated GST, refunds and FEMA paperwork.
HNI or family business
Capital gains, foreign assets and family-business structure.
Whoever owns compliance in your business
Founders & owners
Stay compliant without building a finance team. One monthly note tells you what was filed and what is next.
Talk to usFinance & accounts heads
Hand over GST, TDS and ROC filings and reconciliations, and get audit-ready books and MIS on a fixed calendar.
Talk to usHR & admin teams
Payroll, PF, ESI, Professional Tax and LWF handled every month, with Form 16 and inspection support.
Talk to us
A small practice that does fewer things — completely.
Volume compliance shops run on templates and rotating juniors. Ishvaa is deliberately small: the founder scopes your engagement, reviews every filing before it goes out, and stays your single point of contact. Specialists are brought in by domain when your file needs them.
We keep our client list to a size we can serve properly. That is how we protect quality.
- Written engagement letter and fixed fee before work starts
- Every return reconciled to source data and checked against a pre-filing checklist
- Statutory and tax audits signed by an independent Chartered Accountant you appoint
- Your documents held confidentially, with access limited to people working on your file
What happens when you engage us
Understand
We map your structure, registrations, obligations and risk areas before any filing starts — and send you a compliance calendar for the year.
Prepare & file early
Returns are reconciled to your books and bank data, run against our checklist and filed ahead of the due date — provided your documents reach us on time.
Report plainly
You get a short monthly note: what was filed, acknowledgement numbers, what we need from you, and what is due next.
What we handle for you
Tap any area for the full scope.
Business formation
- Private Limited, LLP, OPC, partnership, proprietorship
- DSC, DIN, registered-office documentation
- PAN, TAN and bank account coordination
- Post-incorporation checklist (INC-20A, ADT-1, statutory registers)
Licences & registrations
- GST, Professional Tax, Udyam (MSME), FSSAI
- Trade licence, Shops & Establishment
- Import Export Code (IEC)
- PF, ESI, LWF registrations with renewal alerts
GST & TDS
- GSTR-1, GSTR-3B, GSTR-9 / 9C
- ITC reconciliation with GSTR-2B
- LUT filing and export refunds
- TDS / TCS computation, challans and quarterly returns
- Replies to routine GST and TDS notices
Payroll & statutory benefits
- Monthly payroll processing and payslips
- PF and ESI computation, challans and returns
- Professional Tax — Karnataka and multi-state
- LWF, Form 16 and inspection support
Accounting & MIS
- Bookkeeping in Tally Prime, Zoho Books or Sage
- Month-end and year-end close
- Monthly MIS packs for founders and investors
- Budgets, forecasts and variance analysis
- Schedule III financial statements (for audit)
Internal audit & audit support
- Risk-based internal audit and process reviews
- Internal control testing with actionable findings
- Audit-ready books, schedules and working papers for your statutory auditor
MCA / ROC compliance
- AOC-4, MGT-7 / 7A annual filings
- DIR-3 KYC (now once every three years), DIR-12 changes
- Charge creation, modification and satisfaction
- Event-based forms: INC-22, ADT-1, MGT-14, SH-7, PAS-3
Income tax returns
- Salaried individuals, HNIs and NRIs (ITR-1 / 2)
- Business and professional income (ITR-3 / 4)
- Firms, LLPs, AOPs, trusts (ITR-5 / 7) and companies (ITR-6)
- Advance tax planning and tax-audit readiness
Financial advisory
- Working-capital cycle review
- Cash-flow planning and stress testing
- Investor-ready financial models
- Fractional CFO support (quoted separately)
For funded startups
Part-time CFO
A senior finance lead for a few days a month: monthly MIS, cash-flow planning, investor reporting, budgets and board packs, at a fraction of a full-time CFO's cost.
- Monthly MIS and KPI pack
- 13-week cash-flow forecast
- Investor and board reporting
- Due-diligence readiness for your next round
Monthly service
Payroll & HR compliance
Salaries processed, payslips issued and every statutory payment made on time, so your team gets paid correctly and you stay inspection-ready.
- Payroll processing and payslips
- PF, ESI, Professional Tax and LWF challans and returns
- TDS on salaries and Form 16
- Joiner and leaver compliance; inspection support
Sectors we work with
Each sector has its own traps. We know where they are.
Manufacturing
GST on goods, e-way bills, MSME, inventory accounting
Technology & SaaS
GST on services, Softex, ESOPs, investor reporting
Food & beverage
FSSAI, GST rates on food, trade licence
Healthcare & pharma
Drug-licence linked compliance, GST on pharma, billing
E-commerce & retail
Multi-state GST, TCS by marketplaces, reconciliations
Real estate & construction
Works-contract GST, TDS on property, project accounts
IT services & exports
LUT, refunds, FIRC/BRC, transfer-pricing data
Startups & funded companies
Cap table, ESOP accounting, DPIIT recognition
Indian compliance for global and growing businesses
Cross-border work involves RBI, FEMA, DTAA, transfer pricing and MCA rules at the same time. We coordinate the whole stack, so you deal with one firm instead of four.
NRIs setting up in India
You live overseas and are building something in India. You need the structure right, RBI reporting current, and tax clean in both countries.
- Week 1–2: entity advice, DSC/DIN, incorporation filed
- Week 3–4: certificate, PAN, TAN, bank account
- Within 30 days of allotment: FC-GPR on RBI's FIRMS portal
- Ongoing: monthly compliance and NRI tax return each year
- Entity choice — usually a Private Limited company for NRIs
- Incorporation with an NRI/OCI director and shareholder
- Resident director requirement (Companies Act s.149(3)) planned for
- FDI reporting — FC-GPR and annual FLA return
- FEMA compliance on capital infusion and repatriation
- NRI income-tax return with DTAA relief
- Repatriation paperwork (Form 145, formerly 15CA; CA certificate in Form 146, formerly 15CB, from your CA)
- NRO-to-NRE transfer documentation
Foreign companies entering India
Setting up a subsidiary, branch or liaison office. India's entry compliance is dense; we take you through it step by step.
- Week 1–3: entry-mode decision, subsidiary incorporation
- Week 4–6: FC-GPR, PAN, TAN, GST, current account
- Before first remittance: transfer-pricing framework
- Ongoing: monthly GST/TDS, annual MCA and RBI filings
- Entry-mode comparison: subsidiary vs branch vs liaison vs project office
- Wholly owned subsidiary incorporation with foreign shareholder
- FC-GPR on RBI's FIRMS portal within 30 days of share allotment
- Transfer-pricing documentation and data for your CA's TP certificate
- Withholding tax on payments to the parent (s.393, Income-tax Act 2025; formerly s.195)
- Annual MCA filings with foreign-shareholding disclosure
Exporters & e-commerce sellers
You export goods or services and receive foreign currency. Every inward remittance leaves a compliance trail; we keep it clean.
- Week 1: LUT filed so exports go out without upfront IGST
- Week 1–2: bank liaison, FIRC/BRC process set up
- Monthly: GSTR-1/3B for zero-rated supplies
- Periodic: refund applications and FX realisation tracking
- LUT — export without payment of IGST
- Zero-rated GST returns and refund claims (IGST and ITC routes)
- FEMA compliance on export realisation
- FIRC / BRC / e-BRC documentation
- Softex filing for software exporters
- IEC, RCMC and DGFT scheme paperwork
Indian startups and growing SMEs
Compliance that scales with you — from incorporation to your first audit — without adding headcount.
- Incorporation, GST and Professional Tax registration
- Monthly bookkeeping in Tally, Zoho Books or Sage
- Payroll, PF and ESI as you hire
- Monthly MIS for founders and investors
- DPIIT recognition and startup tax benefits
- Cap table and ESOP accounting
- Audit-ready books when you cross audit thresholds
High-income individuals & family businesses
Several income sources, investments in India and abroad, and a family business to run. We keep personal tax and business compliance consistent with each other.
- Income-tax returns with capital gains (shares, mutual funds, property)
- Foreign assets and income disclosure (Schedule FA / FSI)
- Advance tax planning and estimates each quarter
- Rental income, TDS on property purchase and sale
- Family-business structure review: proprietorship, partnership, LLP or company
- Coordination with your CA, lawyer and wealth manager
Reasons that affect your business every month
7+ years, hands-on
Experience across listed companies, CA practices and CFO services — practical, not theoretical.
One accountable person
The founder owns your file. No internal hand-offs that become your problem.
Checked before it is filed
Every return is reconciled to source data and run through a pre-filing checklist.
Cross-border capability
NRI tax, FEMA, RBI reporting and DTAA — coordinated with your CA and bank where their sign-off is required.
Early filing, with escalation
We work to internal dates ahead of every due date and chase missing documents well before penalties are at risk.
Direct WhatsApp access
No ticket queues. Replies within one working day, usually the same day.
Results our founder delivered in earlier roles
From in-house and CFO-services roles held before Ishvaa was founded. Employer and client names are withheld for confidentiality.
Manufacturer freed ₹1.5 Cr of debt
Profitable on paper, always short of cash. The fixes: debtor terms tightened from 75 days, supplier terms renegotiated and slow inventory cleared.
Listed company got numbers on time
MIS used to arrive weeks after month-end. A redesigned close and standard templates brought P&L, cash flow and operating metrics into the first week.
Penalty notices across GST, TDS, MCA & payroll
Built on a structured compliance calendar, early filing and proactive follow-up with the business.
Past results depend on each business's facts and are not a promise of similar outcomes.
One founder. Direct accountability.
Gosala Subramanyam
Founder & Proprietor · Bengaluru
Gosala scopes every engagement, reviews every filing before it goes out and is the one person you can always reach for a straight answer — on GST, MCA, income tax, payroll or cross-border matters. Specialist support is brought in by domain when your file needs it.
Working with your CA: statutory and tax audits are performed and signed by an independent Chartered Accountant whom you appoint and pay directly. We hand them reconciled books, schedules and working papers.
Indicative fees
Every engagement is scoped individually. You receive a fixed-fee proposal before any work starts — no surprises mid-engagement.
Discovery call
Free30 minutes. We look at where you are today, which obligations apply, and whether we are the right fit.
Domestic compliance retainer
₹8,000 – ₹25,000 / monthGST, TDS, MCA and payroll filings. Depends on transaction volume, employees and number of registrations.
Cross-border & advisory
Quoted per engagementNRI/FEMA, FC-GPR, foreign company entry and CFO advisory. A single cross-border filing can carry more work than a year of domestic compliance.
Government fees, stamp duty and fees of independent professionals (e.g., your CA) are billed at actuals. Applicable taxes extra.
Questions we get asked
Is Ishvaa a Chartered Accountancy firm?
No. Ishvaa Consultancy Services is a finance and compliance consultancy (a proprietorship). Work reserved by law for Chartered Accountants — statutory audit, tax audit and certifications such as Form 3CEB or 15CB/146 — is performed and signed by an independent CA whom you appoint directly. We prepare the books, schedules and data they need.
How is pricing structured?
Two tiers. Compliance retainers (GST, TDS, MCA, payroll) typically run ₹8,000–25,000 a month depending on volume. Cross-border work and strategic advisory are quoted per engagement. You get a fixed-fee proposal before anything starts.
Is the first consultation free?
Yes. The 30-minute discovery call is free with no obligation. You pay only after you accept a scoped proposal.
Do you work with businesses outside Bengaluru?
Yes. GST, TDS, MCA and payroll compliance can be handled fully online. We work with clients across India and overseas.
I am an NRI. Can you handle both the Indian and cross-border side?
Yes — company formation, RBI/FEMA reporting, NRI income-tax returns, DTAA relief and repatriation paperwork, coordinated in one place.
We already have an accountant. Can you work alongside them?
Yes. We often act as an extension of in-house teams, taking statutory filings, MCA compliance or audit preparation off their plate. Responsibilities are defined in writing so nothing overlaps or falls through.
What if a deadline is at risk?
Every client has a compliance calendar with internal dates ahead of the legal due dates. If documents are late, we escalate early — usually weeks before a penalty could apply — rather than filing at the last minute.
Can you help a foreign company set up in India from scratch?
Yes — entry-mode advice, incorporation, FDI reporting to RBI, PAN, TAN, GST, banking, transfer-pricing documentation and ongoing compliance, including withholding-tax guidance (s.393 of the Income-tax Act 2025, formerly s.195).
Which ITR form applies to me?
ITR-1/2 for salaried individuals, HNIs and NRIs; ITR-3 for business or professional income; ITR-4 for presumptive taxation; ITR-5 for firms, LLPs and AOPs; ITR-6 for companies; ITR-7 for trusts and institutions. We track CBDT due dates and extensions each year — for AY 2026-27, audit-case returns were extended to 21 November 2026.
How do you protect my documents and data?
Access is limited to people working on your file, accounts use multi-factor authentication, and we follow India's Digital Personal Data Protection Act, 2023. See our Privacy Policy for details and how to exercise your rights.
Guides worth downloading
Practical, plain-language guides. Tell us where to send deadline alerts, or just download.
Startup compliance checklist
Every registration, filing and deadline a new Indian business faces in year one.
NRI business setup guide
Entity type, RBI reporting, banking and tax for NRIs and OCIs.
Foreign company entry guide
Subsidiary vs branch, FDI, FEMA and transfer pricing for overseas companies.
GST compliance calendar
Monthly and quarterly GST due dates in one page.
Download: Startup compliance checklist
Finance & compliance notes for founders
GST changes, MCA deadlines, RBI/FEMA updates and practical startup-finance tips, once a month.
Free 30-minute compliance review
No obligation and no sales pitch. If there is a fit, we tell you exactly what the engagement looks like and what it costs. If not, we say so.
- Phone+91 70193 82275
- WhatsApp+91 70193 82275
- LocationBengaluru, Karnataka · meetings online or by appointment
- HoursMonday–Saturday, 9 am – 7 pm IST
What the call covers
- Your current structure and where compliance gaps sit today
- Which of our nine practice areas actually apply to you
- A fixed-fee proposal within the ranges above
- A straight answer on whether we are the right fit