The Banking and Financial Services Industry (BFSI) in India includes banks, NBFCs, insurance companies, fintech platforms, mutual fund distributors, and other regulated financial intermediaries. This sector is governed by stringent RBI, SEBI, IRDAI, and income tax laws. Companies must ensure strong compliance across taxation, financial reporting, KYC/AML protocols, and cross-border fund flows. MMG Consulting supports BFSI entities with risk-proof processes, audits, licensing, and reporting frameworks.
Licensing support, ongoing reporting, and advisory for RBI-registered NBFCs, P2P lenders, and SEBI-regulated intermediaries.
Comprehensive audit reports as per RBI/SEBI norms, internal control testing, and risk assessment procedures.
GST on interest, service fees, reverse charge obligations, and input tax credit (ITC) optimization for financial institutions.
TDS management, Form 26AS reconciliation, tax audit reports, and ITRs specific to financial service operations.
Support for foreign investments, ECBs, intercompany loans, and Form 15CA/CB certification in compliance with FEMA regulations.
Due diligence, business valuations, and compliance health checks for financial deals, acquisitions, or investor entry.
Digital lending, wallet services, and API-led platforms structuring, tax planning, and legal registration support.
Understand your business model—regulated financial entity, fintech platform, or advisory firm
Evaluate compliance health across RBI/SEBI filings, tax, audit, GST, and remittances.
Prepare statutory/internal audits, tax filings, documentation for compliance and funding.
Assist in registrations (RBI, SEBI, IRDAI), regulatory submissions, and stakeholder representations.
Provide quarterly/annual monitoring, alerts, and support for any changes in RBI, FEMA, or tax rules.
From RBI and SEBI to FEMA and Income Tax—we handle multi-layered BFSI regulatory mandates seamlessly.
We guide emerging fintechs on P2P lending, digital banking, wallets, and NBFC tech platforms.
Whether you’re raising funds or facing an inspection, we prepare clean, reconciled books and compliant audit reports.
We provide internal control reviews, risk audits, and fraud checks to align with governance expectations.
Avoid juggling between multiple advisors—we handle GST, audit, RBI, SEBI, and tax matters in one place.
Handle remittances, foreign investment inflows, and ECBs with complete documentation and RBI clarity.
Whether you’re an NBFC, insurance aggregator, or lending startup—we provide advisory specific to your operating model.
Due diligence, valuations, and financial compliance for capital raise or acquisition preparation.
Avoid penalties and audits with on-time filings and proactive monitoring of regulatory requirements.
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Consultants
India’s payroll landscape has grown increasingly complex. Organizations must manage Provident Fund (PF), Employee State Insurance (ESI), Professional Tax, TDS…
RBI mandates statutory audits, internal audits, and sometimes concurrent audits depending on the asset size and license type. MMG prepares all formats.
Yes, if they provide lending, wallets, or account access. We help fintechs determine licensing requirements and handle filings.
Yes, if turnover or commissions cross prescribed limits. MMG handles GST, ITR, and tax audit compliance for intermediaries.
FEMA governs foreign investments, returns, and reporting. We assist with FC-GPR filings, pricing compliance, and due diligence.
As an accounting firm, we take pride in being able to assist other companies providing trusted accounting support.
