Assistant Manager- Direct Tax- BFSI/FPI at Virtuoso… · Hybrid -…

Job Summary

We are seeking a skilled Direct Tax professional with experience in BFSI (Banking, Financial Services & Insurance) and FPI (Foreign Portfolio Investor) taxation. The role involves providing tax advisory services to financial institutions, investment funds, FPIs, and multinational clients on direct tax matters, regulatory requirements, tax structuring, and compliance.

The candidate will work with clients on complex domestic and cross-border tax issues, including tax treaty analysis, withholding tax, investment taxation, and regulatory advisory.

Key Responsibilities

BFSI Tax Advisory
• Provide direct tax advisory services to clients in the banking, financial services, insurance, NBFC, asset management, and investment sectors.
• Advise financial institutions on corporate tax matters, tax compliance, and regulatory requirements.
• Support tax planning and advisory engagements for BFSI clients.
• Review tax implications of financial products, investment structures, and business transactions.
• Assist clients with tax assessments, notices, and representation before tax authorities.
• Prepare tax opinions, technical notes, and advisory reports.

FPI / International Tax Advisory
• Advise Foreign Portfolio Investors (FPIs), Foreign Institutional Investors (FIIs), and offshore funds on Indian tax implications.
• Provide guidance on withholding tax, capital gains taxation, dividend taxation, and interest income taxation.
• Perform tax treaty analysis and advise on DTAA benefits.
• Review Tax Residency Certificates (TRC), Form 10F, and treaty documentation.
• Analyze cross-border investment structures and tax implications.
• Support clients on regulatory matters involving FEMA, SEBI, and Income Tax regulations.
• Assist in evaluating tax risks and opportunities for foreign investors.