A.S.Gholkar & Co , Chartered Accountants

25/06/2026

Our firm, with 28 years of experience serving clients, is currently hiring article assistants

31/05/2026

Many investors are investing in US stocks and ETFs but they are ignoring the risk of Estate Tax.

Indian residents are increasingly investing in US markets through direct holdings in US listed shares, ETFs, mutual funds, and real estate. However, a significant and often overlooked risk attached to such investments is the US estate tax.

Estate Tax:
Under US law, a non-resident alien (NRA) — i.e., a person who is neither a US citizen nor domiciled in the United States — is subject to estate tax on “US-situated assets” upon death. The tax rate can go as high as 40%.

US-situated assets generally include:
Shares of US companies
US domiciled ETFs and mutual funds
Real estate located in the US
Certain brokerage and investment accounts

Exemption:
For US citizens and domiciliaries, the estate tax exemption currently stands at approximately USD 13.61 million. However, for NRAs, the exemption is restricted to a mere USD 60,000.

Wrong assumptions:
Many investors assume that estate tax applies only to US citizens or residents. That is not correct. Even foreign nationals holding US assets may fall within the scope of the US estate tax regime.

Further, India presently does not have an estate tax treaty with the United States that grants meaningful relief in such situations.

Consequently, several investors explore alternative structures to mitigate US estate tax exposure, including:
Offshore holding structures
Trust arrangements
Diversification into non-US situs assets

However, such planning must be undertaken carefully after evaluating Indian tax implications, FEMA regulations, succession laws, reporting obligations, and anti-avoidance considerations.

26/05/2026

Hiring for our firm A S Ghholkar & Co. , Chartered Accountants

23/05/2026

*Filing of return is mandatory in the following cases:*

1. Foreign assets, foreign bank signing authority, or beneficiary interest outside India.

2. Deposit exceeding Rs. 1 crore in one or more current bank accounts.

3. Foreign travel expenditure above Rs. 2 lakh during the financial year.

4. Electricity consumption expense exceeding Rs. 1 lakh in a year.

5. Business turnover or gross receipts exceeding Rs. 60 lakh.

6. Professional gross receipts exceeding Rs. 10 lakh.

7. TDS/TCS of Rs. 25,000 or more (Rs. 50,000 for resident senior citizens).

8. Aggregate deposits of Rs. 50 lakh or more in savings bank accounts.

01/01/2026

Happy New Year 🎊

31/12/2025

Hiring
We are a CA firm based in Kothrud , Pune and have been practicing in the areas of Taxation , Audit and Accounts for more than 25 years . We are looking at hiring resources who have an experience of 2-3 years working with a tax consultant or a CA firm with experience in GST Returns filing , Income Tax Returns filing , TDS and other accounting software.
Candidates who have completed their articleship or who have done their CA ( Int) or pursuing CA ( Final ) will be prefered
Please send your resume on [email protected] or call Devangi 9881378176

22/12/2025

20/05/2024

Hiring

We are a CA firm based in Kothrud , Pune and have been practicing in the areas of Taxation , Audit and Accounts for more than 25 years . We are looking at hiring resources who have an experience of 2-3 years working with a tax consultant or a CA firm with experience in GST Returns filing , Income Tax Returns filing , TDS and other accounting software.

Candidates who have completed their articleship or who have done their CA ( Int) or pursuing CA ( Final ) will be prefered

Please send your resume on [email protected] or call Devangi 9881378176

14/01/2024

Articleship Opportunity in the area of Corporate Taxation and Audit

Company Name: A S Gholkar & Co. Chartered Accoutants
Location: Kothrud , Pune

About Us:
A. S Gholkar & Co is a full services firm which provides services in various domains to its clients for more than 25 years . We specialize in corporate taxation and audit, and our team is dedicated to delivering tailored solutions to meet our clients' diverse needs. As part of our commitment to nurturing talent, we are excited to announce articleship opportunities in the area of Tax and Audit.

Responsibilities:
· Assist in conducting statutory , internal audits and tax audits for a variety of clients.
· Work closely with seniors in the team in recurring compliance of TDS , GST , PT or coordination for other regular compliances .
· Support the preparation of tax returns for individuals and businesses .
· Work with Senior team members in various certifications , 15 CA / CB certifications for remitences
· Work with seniors on special assignments as per client requirements.

Qualifications:

·Must have cleared at least 1 group of CA ( Inter ) / IPCC
Strong analytical and problem-solving skills.
· Excellent communication and interpersonal abilities.
· Detail-oriented with a commitment to accuracy.
· Basic understanding of accounting principles and tax regulations.

Benefits:
· Hands-on experience in tax and audit processes.
· Exposure to diverse clients and various sector of clients .

How to Apply:
Interested candidates should submit their resume to [email protected] . Please include “Articleship Application" in the subject line. You can call Devangi on 9881378176 or whatsapp your resume for a quick chat .

Join us for an enriching internship experience and take the first step towards a successful career. We look forward to welcoming passionate and strong Fire in Belly candidates to join us to be a seasoned Chartered Accountant.