Compliance Overview — Business & Regulatory Services | Savlana Init

Compliance · Overview

Compliance Overview — Every Obligation. Every Entity. Managed.

From company annual filings and income tax returns to FEMA reporting and trust compliance — our compliance services cover every regulatory obligation for every business structure in India.

Regulatory compliance in India is multi-layered: a company must comply simultaneously with the Companies Act (MCA filings), the Income Tax Act (ITR and audit), GST law (GSTR returns), and sector-specific regulations that may include FEMA, SEBI, or trust legislation. An LLP has MCA filings and income tax. A charitable trust has Charity Commissioner submissions, income tax exemption registrations, and FCRA. Getting compliance right across all these layers requires structured oversight and expert guidance.

At Savlana Init, our compliance practice covers the complete regulatory landscape for businesses and organisations in India. We manage annual and event-based MCA filings for companies and LLPs, income tax returns for all entity types, GST compliance, FEMA reporting for cross-border transactions, trust and NGO compliance including 12A, 80G, and Charity Commissioner submissions, and specialised compliance for GIFT IFSC entities. We function as an integrated compliance partner — not just advisors on individual filings.

Our approach to compliance is calendar-driven and proactive. We maintain a detailed compliance calendar for every client, track regulatory changes, and ensure no filing is missed. For businesses with complex compliance requirements spanning multiple regulators, we provide a single point of contact across all compliance domains — reducing the coordination burden on the client's management team.

Our Compliance Overview Services

Company Compliance

Annual MCA filings (AOC-4, MGT-7), board meeting secretarial compliance, DIR-3 KYC, ITR-6, and event-based filings for private and public limited companies.

LLP Compliance

Form 8, Form 11, and ITR-5 filing for LLPs, along with LLP agreement amendments and partner change filings on MCA.

Partnership and Proprietorship Compliance

ITR-5 for partnership firms, ITR-3/ITR-4 for proprietors, GST returns, deed amendments, and ROF filings.

FEMA and Cross-Border Compliance

FC-GPR, FC-TRS, FLA Return, ODI/APR filing, and FEMA compounding — complete RBI reporting for companies with foreign investment or overseas operations.

Trust and NGO Compliance

12A and 80G registration, Charity Commissioner annual returns and change reports, Form 10B, ITR-7, and FCRA compliance for charitable trusts and NGOs.

GST Compliance

GST registration, GSTR-1, GSTR-3B, GSTR-9, and annual return filing — including ITC reconciliation and GST health checks.

Income Tax Compliance

ITR filing for all entity types, TDS return filing, advance tax management, and tax audit under Section 44AB.

GIFT IFSC Compliance

IFSCA regulatory returns, Section 80LA compliance, transfer pricing documentation, and FEMA advisory for GIFT City entities.

Our Process

Compliance Mapping

We map every regulatory obligation applicable to your entity — MCA, income tax, GST, FEMA, sector-specific — and build a comprehensive compliance calendar.

Responsibility Assignment

Each compliance obligation is assigned to a dedicated team member with clear deadlines and escalation protocols to ensure nothing falls through the cracks.

Proactive Execution

Returns, filings, and reports are prepared and submitted well before deadlines — not on the last day. Clients receive advance notice of upcoming obligations.

Regulatory Monitoring

We track amendments to laws, new circulars, and changing compliance requirements — updating the compliance programme proactively as regulations evolve.

Annual Review

A comprehensive annual compliance review is conducted to identify gaps, assess penalty exposure, and plan for the coming year's obligations.

Why It Matters

✓Single point of contact for all compliance across MCA, income tax, GST, and FEMA

✓Comprehensive compliance calendar maintained for every filing obligation

✓Proactive filing — returns submitted well before deadlines

✓Regulatory monitoring — changes flagged and compliance updated automatically

✓Company, LLP, partnership, trust, and NGO compliance all covered

✓FEMA and cross-border compliance integrated with domestic regulatory obligations

✓GIFT IFSC compliance managed alongside Indian regulatory requirements

✓Annual compliance review — gaps identified, penalties assessed, programme updated

Frequently Asked Questions

A comprehensive compliance programme for a private limited company typically includes: MCA annual filings (AOC-4 and MGT-7), board meeting secretarial compliance (4 meetings per year), DIR-3 KYC for all directors, income tax return (ITR-6) with tax audit, GST returns (GSTR-1, GSTR-3B, GSTR-9), TDS returns, and any event-based filings (director changes, share allotments, etc.).

Under a compliance retainer, we manage all specified regulatory filings for a fixed annual fee — tracking deadlines, preparing returns, coordinating audits, and filing on all portals. The retainer scope is defined at the start of the engagement based on the entity type and regulatory obligations.

Non-compliance costs vary by regulation. MCA late filing attracts INR 100 per day per form with no cap. FEMA violations attract penalties up to 3x the amount involved. Income tax penalties range from 100% to 300% of tax in cases of concealment. GST non-compliance attracts 10% to 100% of tax as penalty. The cost of compliance is always lower than the cost of non-compliance.

We maintain state-specific compliance calendars covering GST registration and returns in each state of operation, Shops and Establishment compliance, professional tax, and state-specific labour law filings. Our pan-India reach allows us to manage multi-state compliance centrally.

When a deadline is missed, the immediate priority is to file as quickly as possible to stop the accumulation of daily penalties. Where the violation is significant (e.g., FEMA), a compounding application may be required. We assess the penalty exposure, file the late return, and advise on regularisation steps.

Yes. All MCA, income tax, GST, and FEMA filings are done online through their respective portals. We manage compliance for clients across India and overseas — all document collection, review, and communication is handled digitally. Physical presence is only required for specific Charity Commissioner submissions in certain states.

Looking for a compliance partner who manages every regulatory obligation?

From company filings to FEMA reporting, trust compliance to GST returns — we manage your complete compliance calendar so nothing is ever missed.