Bookkeeping:

1. Recording Financial Transactions: You will be responsible for accurately recording and categorizing all financial transactions of your clients, including sales, purchases, expenses, and receipts.
2. Maintaining General Ledger: You need to maintain a general ledger, which is a record of all the accounts and their balances. This helps in monitoring the financial health of the business.
3. Reconciling Bank Statements: Regularly reconciling bank statements with the company's records is essential to identify any discrepancies and ensure accurate financial reporting.
4. Generating Financial Statements: You will prepare financial statements such as the income statement, balance sheet, and cash flow statement, which provide a comprehensive overview of the company's financial performance.

Income Tax Filing:

1. Assessing Tax Liabilities: You will analyze your clients' financial data to determine their tax liabilities based on applicable tax laws, deductions, and exemptions.
2. Preparing Income Tax Returns: Based on the assessment, you will prepare and file income tax returns accurately and on time. This includes reporting income from various sources, claiming deductions, and calculating tax payable or refundable.
3. Compliance with Tax Laws: Staying updated with the latest tax regulations and ensuring compliance with all relevant tax laws is crucial. This involves keeping track of filing deadlines, maintaining proper documentation, and adhering to tax payment requirements.

GST Return Filing:

1. Registering for GST: You will help your clients register for the Goods and Services Tax (GST) if they meet the threshold requirements.
2. Collecting and Reporting GST: You will assist in collecting GST from customers and ensure timely and accurate reporting of the collected GST in the GST returns.
3. Filing GST Returns: You will prepare and file periodic GST returns, such as GSTR-1 (outward supplies) and GSTR-3B (summary return), providing details of sales, purchases, and tax liabilities.
4. Reconciling GST Data: Regularly reconciling the GST data with the company's books is important to identify any discrepancies and rectify them before filing the returns.