What finance & accounting functions does Virtual CFO Consultancy handle?

We handle your entire finance department: daily bookkeeping, bank reconciliation, GST filing, TDS compliance & returns, income tax filings, annual MCA/ROC filings, payroll processing, PF/ESI compliance, financial statements, MIS reports, and audit support.

How much does virtual CFO service cost in India?

Our virtual CFO services are available on flexible retainer models — Starter, Growth, and Enterprise — tailored to your business stage. Book a free consultation to discuss pricing and scope.

Do you handle TDS compliance and income tax filings?

Yes, TDS compliance, TDS return filing, income tax filings, and annual MCA filings are included from our Starter plan itself at ₹1,00,000/month.

fdi

India's Data Protection Law: DPDP Act Impact on Foreign Companies

How India's Digital Personal Data Protection Act affects foreign companies processing Indian citizens' data.

Accountify Editorial Desk

Finance Expert

12 August 2024

1 min read

2908 views

DPDP Act: India's Data Protection Law

The Digital Personal Data Protection Act, 2023 is India's first comprehensive data protection law. It applies to all entities processing personal data of individuals in India.

Key Provisions

Clear, informed consent required for data processing
Cross-border transfers allowed except to restricted countries
Data Principal rights: access, correction, erasure
Penalties up to 250 crore for significant violations

Impact on Foreign Companies

If you process data of Indian customers or employees, you must comply. This includes having a Consent Manager, Data Protection Officer, and proper breach notification procedures.

Contact Accountify for a compliance assessment.

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Tags:

#DPDP Act India

#data protection India

#data privacy India foreign company

#digital personal data India

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