Like always,

Like never before

ABOUTTHEORGANIZATION

Thefirmcameintoexistencein1992asasoleproprietorshipandin2014,witnessedasignificantscale
up on conversion into a partnership, taking on board partners, who are veterans of the accounting
industry, and whose cumulative experience exceeds 60 years. The firm was renamed in 2014 as
VerendraKalra&Co.,andisnowledbyMr.VerendraKalra,asManagingPartner.Hehimselfcarriesa
professionalexperienceofalmost25years,havingrecentlyretiredasSr.PartnerfromM/sNangia&
Co.,afterputtinginastintofmorethan21yearsasapartnerwiththatfirm.

Our multidisciplinary team has strength of more than 70 personnel and carries rich experience in
almost all areas of professional practice such as Audit & assurance, internal audits, Risk Consulting,
Directtax,Indirecttax,EntryLevelStrategyetc.

We are a multiskilled, multidisciplined firm, offering clients a wide range of industryfocused

businesssolutions.Ourexpertisegoesbeyondthetraditionalareasofservice,whereinweprovideour
clients with integrated, objective advice to help them control costs, increase efficiency, evaluate
opportunitiesandimprovetransactionoutcomes.

At any point in time, there are more than a handful of business issues demanding your attention.
Volatile markets, changing regulations and crossborder issues can create a heightened sense of
uncertaintyandaddnoisetothechatter.AtVerendraKalra&Co(VKC),webringaclearvoicetothe
conversation.

We take pride in our ability to provide quality services whether they are an ownermanaged
business or a large multinational corporation. For your critical needs, well handdeliver the right
professionals with the right industry or service experience. We recruit the brightest and the best
havingspecializationswhichfitthebouquetofservicesprovidedbythefirm.Inpickingtherightteam
foryourjob,westrivetocombinethedynamismandfluidthinkingoftheyounggraduate,withthe
businessknowledgeandinsightoftheseasonedexecutive.

Our differentiation is derived from a rapid performancebased, industrytailored and technology

enabled business advisory services delivered by some of our leading talented professionals. VKC
professionals are grouped by industry focus enabling our clients to deal with industry professionals
who speak their language. Our internally deployed sophisticated information technology and
knowledge management systems enable the delivery of informed and timely business advice to
clients.

Ourunwaveringfocusremainsatalltimesontheclientsneeds.Beforecommencinganyassignment,
wespendasignificanttimeinunderstandingwhatisrequiredofus,bytryingtostepintotheshoesof
our clients. Having done that, the execution strategy is to bring on significant value add, which the
clientdoesnotinternallypossess.Theoutcomesareconstantlybenchmarkedandcalibratedwiththe
initialunderstandingofclientneedssothatwezeroontotherightsolutions.

Ourfirmisempanelledforprovidingassurance&otherserviceswithvariousregulatoryandCentral&
StateGovernmentsbodies,Banks,InsuranceCompaniesetc.inIndia.

CORPO
ORATESTR
RUCTUREA
ANDORG
GANIZATIO
ON

RDOFPARTNERS
1.BOAR
The firms apex decission making body is the
e Board of Partners.
P
Thee Board meeets at regulaar intervals to
t
decideth
heVision,VaalueStatemeent,EthicsPo
olicy,Targetss,DirectionaandtheInte
ernalandExtternalPoliciees
tobeado
optedbythe
efirm.Theb
boardischaiiredbytheM
ManagingPaartner,Mr.V
VerendraKalrawhoisth
he
seniormo
ostandfoun
nderpartnerofthefirm.

ARCHICALSTTRUCTURESCHEMA
2.HIERA
The firm
ms human resources
r
att senior levvels mainly comprise of
o Chartered
d Accountan
nts, Compan
ny
Secretaries,Advocate
esMBAs,an
ndotherproffessionals.Th
hehierarchiccalstructureisasunder:

M
ManagingPa
artner
Partners
Sr.Managgers
Managers
Dy.Managgers
Asst.Manaagers
Qu
ualifiedAssistants
ArtticlesandTrrainees
SupportSttaff

3.DETAIILSOFEXSITTINGSTAFFF
Thefirm hasatpreseent3partnerrseachspecializingindiffferentprofeessionalareaas.Eachparttnerisfurthe
er
supportedby2manaageriallevelffullyqualifiedCharteredAccountant..
ThenumberofCharteeredAccoun
ntantsworkin
ngis10inth
heorganizatio
on.
Other teechnical stafff consists of
o Companyy secretariess, MBAs, Advocates, Financial Exp
perts, Markeet
Research analysts, Financial
F
Reesearch & Management
M
t Consultantts, Informattion Technology experts,
Accountaants,etc.
Each partner providees profession
nal services in their resspective areaa of expertisse. The parttners are alsso
responsib
bleforallocaationofassiggnmentstoeeachteam.

4.OURV
VISIONAND
DMISSION
Ourvisionandmissio
onpermeateesallofwhattwedo,24X
X7.Howwedealourclie
ents;qualitieeswelookfo
or
in peoplee we hire; our
o attitude and committment to exxcel. Our vission constan
ntly remindss us what th
he

purposeofexistenceofVKCis,anditservesastheframeworkguidingindividualandcollectiveeffortson
daytodaybasis.
Ourmissionalignsustowhatourpurposeis:whatwedo,whowedoitforandwhywedoit.

WEBELIEVETHATWEWILLBESUCCESSFULIFOURCLIENTSARESUCCESSFUL

VISION
TOBETHEMOSTADMIREDANDRESPECTEDFIRMINTHEINDUSTRY,INTHESCALEANDSIZE,
WHEREINWEOPERATE.

We envision being the most ethical, admired and respected professional services firm in the industry,
whereclientscomebacktousagainandagainforthepurepleasureofworkingwithourcaringteam,and
are not driven merely by the sense of fulfillment derived from the successful outcomes we constantly
strivetoachieveforthem.
We see a future where VKC is recognized for delivering a service standard so high that it becomes a
benchmarkbywhichourclientsmeasuretheperformanceofothers.

MISSION
LIKEALWAYS,LIKENEVERBEFORE

To achieve the firms vision, we envisage providing our clients with the highest quality of services,
deliveredinatimely,efficientandinnovativemannerbyaprofessionalteamthatclearlyenjoysworking
together to exceed their clients expectations. Enhancing our clients business growth remains our key
objective.
Our mission is very simple. It is to give our 100% to each job, without any dilution or discrimination,
irrespectiveofthesizeoftheclientorcomplexityoftheissuesathand.Ifonehastoexplainourmissionof
renderingservicesinoneline,itisbestcapturedasmentionedabove.
Webelievethatthismissionlivedonadaytodaybasiswillinthelongtermtakeustowhereourvisionis
aimedat,i.ebeingthemostadmiredCAfirmandwhereVKCisvaluedforitsdedicationtoclientservice,
employeeenrichmentandthecommunityitserves.

5.OURVALUES

Integrity: Integrity is at the core of all we do,

smallorbig.

Independence: Independence is about

objectivity, skepticism and constantly avoiding
prejudices and biases, intentionally and more
importantly,unintentionally.Itisthehallmarkof

theauditprofession,attheheartofourvalues,andfundamentaltoeverythingwedo.
Trust:Implicitlytrustingandcreatingtrustthroughtransparentmannerofworking.Fairnessand
transparency are the associated values which guide this core value while taking professional
decisionsandactions.
Passion:BringingPassiontoeverythingwedo.Biggerthechallenge,biggerthepassion.Passionto
deliverqualityservicestoourclients,beatsintheheartofoureachstaff,everymoment.
Commitment:Committedtoensureasuccessfulendtotheassignment,dayinanddayout,24X7.
Anythingshortisnotacceptabletous.

6.OURCULTURE
There is always a bit of ambiguity in many organizations about what their culture is. We took a call to
consciously define it so that each person working in the organization gets aligned to it formally in the
sameway.
CultureisdefinedintheoxforddictionaryasTheideas,customs,andsocialbehaviorofaparticular
peopleorsociety.Keepingthisdefinitioninmind,weintrospectedandfoundthatourculturecanbe
actuallydefinedoncertainimportantparameters,whichstandoutinthebehavioralaspectsofour
organization.

Theyare:
Relationships:Buildingandthennurturingrelationships.Webelieveinthevalueofrelationships.
Wevieweveryclientrelationshiplikeapartnershipandeveryemployeerelationshipaspartofa
largefamily.Webelieverelationshipsshouldbebuilttolastoverthelongterm.

Teamwork:Webelievethatnothinggreatisestablishedwithoutteamwork.Keepingthisinmind,
wefollowadecentralizedapproach,empoweringeveryindividualwithintheorganization,witha
viewtounleashtheirfullpotential.

Excellence:Webelieveinexcellence.Excellenceforusgetsdefinedonlywhenwebringasmileon
thefaceofourclients.

Agility:Webelieveinthevalueoftime,bothforusaswellasourclients.Ifwewillnotvalueour
time,wewillperhapsnevervalueourclientstime.Speedisofessenceinsavingtime,andinturn
moneyandbeingagileisoursecondnature.

Creativity:Ingeniousandoutoftheboxsolutionscanonlycome,wherecreativityiswoveninthe
fabricofanorganization.Thestaffisconstantlyencouragedandtaughttocomeupwithoutof
boxsolutionstocreategroundbreakingvalueforclients.

Empathy:forourclientsandstaffandtheneedforaharmoniouscoexistence,balancingour
personalneeds,theneedsofourclients,ourstaff,variousotherstakeholdersandthesocietyat
large.

SERVICEAREAS
We are committed to providing a comprehensive range of services relevant and practical for todays
economicenvironmentthatwillhelpyourealizeourclientsgoals.
Always attentive to our clients requirements and offering proactive support for business success, we
promise:

Outstandingpersonalservice
Expertprofessionaladvice
Ateamdedicatedtoyourbusinessserviceneeds
Atimelyresponsetomeetyourdeadlinesandstatutoryrequirements
Agreedfeesandservicestandards

Wetakeprideingivingourclientstheassurancethattheassistancetheyreceive,comesfromyearsof
advanced training, technical experience and financial expertise. Our continual investment of time and
resources in professional continuing education, stateoftheart computer technology and extensive
businessrelationshipsisindicativeofourcommitmenttoexcellence.

Wedifferentiateourselvesthroughthepassionandattentionwebringtotheserviceneedsof
eachclient.Ourclienteleenjoysourwarmanddedicatedapproachtodevelopinginnovative
solutionstotheirneeds.

Weconstantlybuildourorganizationfromwithinbyrewardingeffortsandideasandpromotinga
positiveworkenvironmentthatleadstogrowth,learningandpersonalenrichment.

Expertiseofalargefirmcombinedwiththepersonalattentionofasmallfirm.
VKC combines the reach, depth and expertise of the large firms with the personal attention, value for
moneyfocusandrelationshipapproachofthesmallerfirms.Withshorterdecisionmakingchains,more
seniorpersonnelinvolvementanddistinctiveclientservices,weareabletotakeawiderviewandoperate
inacoordinatedwaythatsasfastandagileourclientslookforwardto.
We appreciate that selecting a firm to entrust with your accounting, financial, and business advisory
requirements is an important decision, intensified by rapid economic changes, increases in competitive
pressures,andresourceavailability.Withourbenchmarking,andothertools,VKCiswellplacedtohelp
youmakeaninformeddecision.
Morethanplainvanillaaccountingservices
Ourstrengthalsoliesinourabilitytodrilldownintothedataandpresentinformationthatcanallowyou
to make better decisions. Those decisions affect how you manage your business and how you evaluate
yoursuccess.Thiscanmeantroublefreecompliance,moreefficientoperations(andreductionincosts),
theabilitytoconfidentlypursuenewopportunities,andmuchmore.

1. ASSURANCESERVICES
A comprehensive audit process is essential to extend credibility to the financial information that
stakeholders need to make sound business decisions. Our Audit services extend beyond the

conventional/traditionalfinancialreportingfunction.Wetaketimetounderstandyourbusiness,itsneeds
and blend this with the sectors in which you operate. Seamless integration of business facts with
experience allows us to identify major risks and opportunities that may distinguish between roaring
successandcompletedisaster.
Our deep understanding of regulation and legislation means we can also help with complex reporting
issuesinvolvingINDAS,IAS,USGAAPandInternationalFinancialReportingStandards(IFRS).
Our Assurance Service professionals provide a range of audit and advisory services to assist clients in
achievingtheirbusinessobjectives,managingtheirriskandimprovingtheirbusinessperformance.
Theglobalbusinesslandscapeisbeingreshapedbytransformationaleventsandtrends.Andthatmeans
the financial and reporting environment is also being reshaped, resulting in significant challenges for
management,boards,auditcommitteesandauditors.Wecanhelpyouunderstandandaddresstodays
mostcriticalfinancialandreportingissues.
Weseeauditasmorethanjustnumbersandcompliance.Ourgoalistohelpourclientsbetterunderstand
theirbusiness.Weconsiderit our jobtokeep ourclients informed all yearlong of accounting,financial
andregulatorydevelopmentsthatmayimpacttheirbusiness.
Werenderspecializedservicesinthefollowingbroadareas:
GAAPreview;
Statutoryaudit
Taxaudit
Internalaudit
Managementaudits
Concurrentauditservices
SpecialInvestigativeAuditServices
DueDiligenceReview
CostingandAccountingSystemDesignandReview

2. TAXATIONSERVICES
The changes in the tax and regulatory environment constantly challenge large and growing businesses.
Howyourbusinessmeetsthischallengecanhaveasignificantimpactonyourbottomline.
Drawing on our knowledge and understanding of tax regimes in India and around the world, we offer
timelyinformationandindependentadvicetoyou.
Mostbusinessdecisionshavetaximplicationswhicharecomplicatedinnature.WeatVKC,keepourselves
updatedandworkwithourclientstokeeptheminformedontaximplicationstotheirbusinesses.
We have a rich experience in dealing with Tax and Regulatory matters. We have a team of Tax
Consultants,whichstaysabreastwiththecurrenthappeningsandchangesintheadministration,taxation
regulations. Also, this team has experience of dealing with matters related to domestic as well as
internationaljurisprudence.WeareareliableServiceProvider,offeringthebestTaxationServices.

The business and tax landscapes have changed dramatically, and the pace and complexity of change
continuestoincrease.Wecanhelpyounavigatethisshiftinglandscape.Governmentsaretemperingthe
need for revenue with increased competition for labor and capital. Tax authorities are adapting their
enforcementstrategies,focusandpoliciesinresponsetothechangingdynamicsofbusiness.Companies
arebalancingcompetingpriorities,ensuringtheymaintaincompliancewhileaddingvalue.Wecanassist
youwiththesecriticalissuesintodaystaxenvironment.
Ourtaxationadvisoryrendersthefollowingservices.

DirectTaxes
DomesticStatutorycompliances
Internationaltaxcompliance
Taxplanningandadvisoryservices
LitigationsupportatvariouslevelsincludingITAT,HighcourtandSupremeCourt
Transferpricingaudit,consulting,advisoryservicesandligationsupport
Draftingadvancedpricingagreement

IndirectTaxes
Excise/ServiceTaxVAT/CST
GST(proposed)
Customs
Taxstructuringandplanning
Litigationandrepresentationalservices
Statutorycomplianceservices
Excise/ServiceTaxVAT/CSTRegistrations
Assistanceondepositofperiodicaltaxes
FilingofTaxreturns
Handlingrefundclaims
Auditassistance(VATaudits,specialauditsunderCentralexciseandServiceTax)
ConductingVATauditsasperthestateVATlawrequirements

3.

CONSULTINGSERVICES

We help organizations work smarter and grow faster. You can always reach out to us to build effective
organizations,reducecosts,manageriskandregulationandleveragetalent.
We help you translate visions to reality. Be it help with technology, with strategy, with overall business
performance; we are here to help you achieve results. Our consulting group works closely with you to
deliver measurable/ quantifiable improvement in business performance; drive shareholder value and
createsustainablecompetitiveadvantage.
Webelievethatthereisalwaysabetterway.Webringauniquecombinationofbusiness,functionaland
technical skills to conceptualize and design applications that allow our clients to align their business
objectivesandstrategiesinwaysthatclearlydifferentiatewinners.Oursolutionsarecustomizedbasedon
carefulanalysisofyourneeds,cultureandorganizationalprocesses.

Weofferthefollowingkeyconsultingservices:
Financialmanagementandaccountingoutsourcing
Payrolloutsourcingservices
Accountingprocessreview
Preparationofaccountingmanual
Corporatesecretarialservices
Fixedassetmanagementservices
Technologyintegrationservices

4.
CORPORATELAWSERVICES
Corporate law today is a complex piece of legislation that governs the activities of not only domestic
companies but also that of nondomestic companies setting up shop in India. At every step, corporates
havetocomplywiththeplethoraofprovisionscontainedinlegislationssuchasIndianCompaniesActand
SEBIRegulations,incaseoflistedcompanies.
The firm not only provides advice on ensuring compliance with these regulations but also provides
secretarialsupportwithrespecttoincorporationofCompanies/SubsidiariesanywhereinIndiaandoutside
India.
Ourwiderangeofservicesincorporatelawmatterincludes:
FormationofcompanyinIndia,viz,PrivateLimited,PublicLimited,whollyownedsubsidiary
company,LLPetc.
AllmattersrelatedwithRegistrarofCompanies&CompanyLawBoard
Maintenance&complianceofStatutoryRecords
Merger&acquisitions
Corporaterestructuring
Consultancyinabovematters

5.

CONSULTINGSERVICES

We help organizations work smarter and grow faster. You can always reach out to us to build effective
organizations,reducecosts,manageriskandregulationandleveragetalent.
We help you translate visions to reality. Be it help with technology, with strategy, with overall business
performance; we are here to help you achieve results. Our consulting group works closely with you to
deliver measurable/ quantifiable improvement in business performance; drive shareholder value and
createsustainablecompetitiveadvantage.
Webelievethatthereisalwaysabetterway.Webringauniquecombinationofbusiness,functionaland
technical skills to conceptualize and design applications that allow our clients to align their business
objectivesandstrategiesinwaysthatclearlydifferentiatewinners.Oursolutionsarecustomizedbasedon
carefulanalysisofyourneeds,cultureandorganizationalprocesses.
Ourwiderangeofservicesincorporatelawmatterincludes:
Providingbusinessprocesssolutionsforfinancialmanagement,payrollprocessing
Technologyintegrationincludinginformationmanagementandtechnologyadvisory

6.

FINANCEADVISORY

Our capabilities lie in providing Advisory Services to clients based across the globe with full proficiency.
Thefinancialexpertsemployedbyusprovidesoundadvicespertainingtothevariousaspectsofthefield
offinancetotheclients.Tomeetthisend,theycarryoutextensiveresearchandleveragetheirexpertise
inzeroinginuponthebestfinancialadvicestocatertothespecificneedsoftheclients.

Corporatefinanceadvisory
Mergerandacquisitions
Salesordivesture
CapitalraisingPrivateequityorcapitalmarkets
Strategic&generalcorporateadvice
Projectfinance&publicprivatepartnerships
Businessmodeling
Fundingassistance
Mergerandacquisitiontransactionservices
Reorganizationservices
Advisingunderperformingcompanies
Assistingfinancialstakeholders
Turnaroundmanagement
Exitmanagement
Insolvencyandbankruptcyservices
Insurance

Valuationservice:
Businessvaluation
Intangibleassetvaluation
Tangibleassetadvisoryservices
Disputeresolutionsupport
Fairnessopinion
Financialmodeling
ForeignExchangeRegulationServices
Advising clients on and ensuring compliance with the provisions of the Foreign Exchange
ManagementAct,1999(FEMA).
AdviseonIndianGovernmentspoliciesonforeignInvestmentinIndia.
PreparationofdocumentationandobtainingapprovalsfromtheReserveBankofIndiaforthe
allotment/transferofsharestoforeigncitizensandforeigncompanies.
Establishment/windingup/ extension of and various other matters pertaining to the
operationofLiaison/Branch/ProjectOfficesofforeigncompaniesoperatinginIndia.
Obtaining approvals from the Reserve Bank of India with regard to various transactions
involving foreign exchange like stock option plans, Technology Transfer Agreements, EPC
Contracts,legalserviceagreements,acquisitionofforeigncompanies,foreigncurrencyloans,
supplierscreditsetc.
AdviceonInvestmentStructuringdecisions.
AdviceonOverseasAcquisitions.

ForeignExchangeManagementAct
Weprovideadvisoryandcomplianceservicesencompassingtheentiregamutofforeignexchange
lawasdetailedbelow:
Residentialstatus
InvestmentinBusinessinIndiadirectlyandbyfloatingoffshorecompanies
Settingupabranch/liaison/projectofficeinIndia
PortfolioinvestmentsinIndia
Bankingandremittances
Property
Gifts
Inheritance
Repatriation
DirectinvestmentoutsideIndia
SettingupabranchoutsideIndia
ForeignDirectInvestment(FDI)FacilitationServices
ForeignDirectInvestmentsinIndiainshares/convertibledebentures/preferenceshares
ofanIndiancompanyeitherunderAutomaticRouteorApprovalRoute,withduerespect
tosectorspecificinvestmentlimits.
All statutory compliances such as reporting of FDI inflow, issuance of equity instrument
within 180 days of receipt of FDI, Reporting of issue of shares, issue of rights / bones
sharesandtheirreportingetc.
Valuationofshares/IssuePriceAllproceduralandpolicycompliancesaccordingtoSEBI
guidelines,includingpricingofpreferentialshares.
Transfer of shares and Convertible Debentures Sale / gift of shares by NRI to NRI
investor
Nonresidenttoresidentbywayofgift
BywayofsalebyNonResidentonthestockExchangeandallthereportingcompliances
etc.

CONTACTDETAILS:

HeadOffice
75/7RajpurRoad,Dehradun
T+91.135.2743283,2747084,2742026
F+91.135.2740186
Einfo@vkalra.com
Wwww.vkalra.com

BranchOffice
80/28MalviyaNagar,NewDelhi
Einfo@vkalra.com
Wwww.vkalra.com

Foranyfurtherassistancecontactourteamatkmt@vkalra.com

2014VerendraKalra&Co.Allrightsreserved.
Forprivatecirculationtoclientsonly.Theinformationcontainedhereinisofgeneralnatureandis
notintendedtoaddressthecircumstancesofanyparticularindividualorentity.