Industries
Manufacture
The Prime Minister of India, Mr Narendra Modi, had launched the ‘Make in India’ program to place India on the world map as a manufacturing hub and give global recognition to the Indian economy. Through this program, India is expected to become the fifth largest manufacturing country in the world by the end of year 2020. We, at MAAS, excel in working with various such manufacturing sectors such as Glassware, Renewable Energy Resources (Solar Panels), Batteries, Pharmaceuticals, and Textiles.
Retail
The Indian retail industry has emerged as one of the most dynamic and fast-paced industries due to the entry of several new players. It accounts for over 10 per cent of the country’s Gross Domestic Product (GDP) and around 8 per cent of the employment. India is the world’s fifth-largest global destination in the retail space. We as a firm of Charted Accountants excel in Tax Audits, Income Tax Cases, and Accounts Advisory Services, in the retail domain. We have experience of over 30 years in Automobile Trading, FMCG Goods, Jewelleryand many more.
Real estate
The real estate sector is one of the most globally recognized sectors. In India, real estate is the second largest employer after agriculture and is slated to grow at 30 per cent over the next decade. The construction industry ranks third among the 14 major sectors in terms of direct, indirect and induced effects in all sectors of the economy. We have worked with all four real estate sub sectors namely Housing, Retail, Hospitality, and Commercial.
Healthcare
Healthcare has become one of India’s largest sectors - both in terms of revenue and employment. The Indian healthcare sector is growing at a brisk pace due to its strengthening coverage, services and increasing expenditure by public as well private players. Our firm has experience in providing Tax Consultancy and Audit services to key players in the Healthcare sector comprising but not limited to renowned Hospitals, Medical Equipment Providers, Medical Tourism, and Health Insurance.
Charitable Trust
India’s development needs are vast; the resources to meet them are not. We not only provide Business Advisory services to Charitable Trusts and Societies but also specialised services in Audit and Taxation to enable the organizations to achieve their social objectives in an efficient manner.
Education & Training
India holds an important place in the global education industry. India has one of the largest higher education systems in the world. Around 35.7 million students were enrolled in higher education in India during 2016-17. We have immense experience in preparation of financial statements, filing of returns, and registration of the Education trusts across India.
Agriculture & Allied Industry
Agriculture plays a vital role in India’s economy. Over 58 per cent of the rural households depend on agriculture as their principal means of livelihood. Our firm deals in appropriate tax planning activities and consultancy services for the agriculture sector of our Indian Economy.
Banking and Financial Sector
As per the Reserve Bank of India (RBI), India’s banking sector is sufficiently capitalised and well-regulated. The financial and economic conditions in the country are far superior to any other country in the world. Credit, market and liquidity risk studies suggest that Indian banks are generally resilient and have withstood the global downturn well. We, at MAAS, have vast experience in Bank Audits and have served as the primary Auditors of myriad Public and Private Banks spread across India, over the past two decades.
