V K Patawari & CO - CA Firm

Today, 8th November 2025, we embark 25 years of V K Patawari & Co and the 75th Birthday of V K Patawari Sir.
The man who shaped VKP with his values, Knowledge and Prudence.

It’s the foundation on which we have built trust,
served generations of clients,
and made each financial decision count — ethically and prudently.

Value. Knowledge. Prudence.
Driven by Values | Empowered by Knowledge | Guided by Prudence

Job Title: Chartered Accountant (On‑site, Kolkata)
Firm: V K Patawari & Co.
Contact: [email protected]

About Us:
We are a dynamic Chartered Accountancy firm based in Kolkata, dedicated to delivering comprehensive financial, audit, and consultancy services to a diverse portfolio of clients. We pride ourselves on our commitment to integrity, excellence, and personalized client service.

Key Responsibilities

Statutory & Tax Audits
Plan, execute, and finalize statutory audits, tax audits, and internal audits

GST & Income‑Tax Assessments & Appeals
Handle GST and Income‑Tax assessments; prepare, file, and follow up on appeals

Office Management & Supervision
Oversee all office operations and supervise articles

Client Interaction & Advisory
Build and maintain strong client relationships; deliver tailored financial advice

Qualifications

Chartered Accountant with minimum of 2 years’ audit experience in a CA firm OR newly qualified with strong articleship exposure can also apply

What We Offer

Competitive salary with performance‑based incentives

Structured career development and expert mentoring

Exposure to a wide range of industries and complex assignments

Collaborative, supportive on‑site work environment

How to Apply:
Please send your CV and a brief cover letter to [email protected] with the subject line:

CA Application – [Your Name]

*_🅱️udget Highlight - 2025_*📜

*Focus: Sustainable and inclusive growth driven by key reforms and initiatives across various sectors.*

*Direct Tax Proposals*

👨‍💼 *Personal Income Tax:*
- 면 No income tax on income up to ₹12 lakh under the new tax regime.
- 📈 Revised tax slabs and rates for those earning above ₹12 lakh.
- 💰 Taxpayers with income up to ₹12 lakh from normal income (excluding special rate income like capital gains) will receive a tax rebate in addition to the benefit from slab rate reduction, resulting in no tax payable.

* 🏦 *TDS/TCS Rationalization:*
- ✂️ Reduced number of rates and increased threshold limits for TDS and TCS.
- 👴👵 Limit for tax deduction on interest for senior citizens doubled from ₹50,000 to ₹1 lakh.
- 🏠 Annual limit for TDS on rent increased from ₹2.40 lakh to ₹6 lakh.
- ✈️ Threshold to collect tax at source (TCS) on remittances under LRS increased from ₹7 lakh to ₹10 lakh.
- 📚 TCS on remittances for education purposes removed if the remittance is from a loan taken from a specified financial institution.
- 🛍️ TCS on the sale of goods omitted to prevent compliance difficulties.
- 💳 Higher TDS deduction provisions will now apply only in non-PAN cases.
- ⏰ Relaxation provided in TCS provisions for delayed payment up to the due date of filing the statement.

* ✅ *Voluntary Compliance:*
- 📅 Time limit for filing updated returns extended to four years, promoting voluntary compliance.

* ⬇️ *Reduced Compliance Burden:*
- 🏥 Registration period for small charitable trusts increased to ten years, easing the compliance burden.
- 🏡 Benefit of two self-occupied properties allowed without any conditions, addressing difficulties faced by taxpayers.

* 🤝 *Ease of Doing Business:*
- 📝 Scheme introduced for determining the arm's length price for a three-year block period, aligning with global best practices.
- ⚖️ Scope of safe harbor rules expanded to reduce litigation and provide certainty in international taxation.

💼 *Employment and Investment:*
- 🏭 Tax certainty provided for electronics manufacturing schemes.
- 🚢 Benefits of the existing tonnage tax scheme extended to inland vessels registered under the Indian Vessels Act, 2021.
- 🚀 Support continued for the Indian start-up ecosystem by extending the period of incorporation by 5 years.
- 🏢 Specific benefits proposed for ship-leasing units, insurance offices, and treasury centers of global companies in IFSC.
- 🏛️ Certainty of taxation provided to Category I and Category II AIFs on gains from securities.
- 🗓️ Date for making investments by Sovereign Wealth Funds and Pension Funds extended to 31st March 2030.

*Financial Regulatory and Legal Proposals*

* 💰 *FDI in Insurance Sector:*
- ⬆️ FDI limit increased to 100% for companies investing the entire premium in India.
- 📝 Current guardrails and conditionalities associated with foreign investment to be reviewed and simplified.

📑 *KYC Simplification:*
- 🔄 Revamped Central KYC registry to be rolled out in 2025.

* 🏢 *Merger of Companies:*
- ⏩ Rationalized requirements and procedures for faster approval of company mergers.
🛤️ Scope for fast-track mergers widened and the process made simpler.

* 👨‍⚖️ *High-Level Committee for Regulatory Reforms:*
- 🧑‍🤝‍🧑 Committee formed to review non-financial sector regulations and promote ease of doing business.

* 📜 *Jan Vishwas Bill 2.0:*
- ❌ Proposed to decriminalize over 100 provisions in various laws, enhancing the ease of doing business.

* 📊 *Investment Friendliness Index of States:*
- 📈 Index launched to encourage healthy competition and promote investment-friendly policies across states.

* 🛡️ *FSDC Mechanism:*
- ⚙️ Mechanism under the Financial Stability and Development Council (FSDC) set up to assess the impact of financial regulations and enhance their responsiveness.

*Tax Rates*

*Tax Rates for Assessment Year 2026-27*

* 👨‍💼 *Individual, HUF, AOP, BOI, AJP – New Regime:*
- 💰 Up to ₹4,00,000: Nil
- ₹4,00,001 to ₹8,00,000: 5%
- ₹8,00,001 to ₹12,00,000: 10%
- ₹12,00,001 to ₹16,00,000: 15%
- ₹16,00,001 to ₹20,00,000: 20%
- ₹20,00,001 to ₹24,00,000: 25%
- Above ₹24,00,000: 30%

* 🏦 *Co-operative Societies:*
- Up to ₹10,000: 10%
- ₹10,001 to ₹20,000: 20%
- Above ₹20,000: 30%
- 🆕 Under New Regime: 22%

* 🏢 *Firms:* 30%
🏢 *Local Authorities:* 30%
🏢 *Domestic Companies:*
- Turnover up to ₹400 crore: 25% - New Regime
- Turnover above ₹400 crore: 30%
* 🏢 *Companies other than domestic companies:* 35% (except for income chargeable at special rates)

*Rebate under Section 87A*

* For Assessment Year 2026-27:
- The rebate for individuals under section 115BAC will be increased. The new limit will be ₹12,00,000, with a maximum rebate of ₹60,000.

Thanks and regards
CA Vinay Kumar Patawari
V K Patawari & Co.

Article / semi qualified required for Nadia district, west bengal.
primary work will be concurrent audit of banks. Interested candidates pls dm 9831210219

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