Lakshmi Associates - India

What Lakshmi Associates - India does

Lakshmi Associates is a privately held partnership accounting and tax consultancy firm founded in 2008 by L.K. Verma and headquartered at 478 Arjun Nagar, Gurgaon, Haryana, India. The firm delivers a comprehensive suite of compliance and advisory services to small and medium-sized businesses, startups, corporate clients, and multinationals operating in India. Core service lines include business registrations (Private Limited Company, LLP, Partnership Firm, Proprietorship, Society, MSME, IEC, PAN, TAN, Digital Signature Certificates), GST services (registration, GSTR-1/3B/9/9A/9B/9C return filing, e-Way Bill, LUT, audit, payment), TDS services (Forms 24Q, 26Q, 27Q, 27EQ), income tax return filing for individuals and entities, payroll processing with EPF/ESI registration, and a full range of audit services (tax, statutory, stock, bank, internal, system, revenue, GST audits). The firm also offers part-time accountant staffing for small businesses in Gurgaon.

The firm's core technology is conventional computerized accounting and online service delivery: a content website (lakshmiassociates.in) optimized for local SEO, a client dashboard for project tracking, and WhatsApp-based communication. There is no proprietary software platform; instead, services are executed manually by professionals integrated with government e-filing portals (MCA, GSTN, Income Tax e-filing, DGFT, EPFO, ESI Corporation). The revenue model is fee-based professional services billed at standardized flat rates (e.g., Class 2 DSC at Rs. 549), with no disclosed recurring or subscription contracts. All services are delivered online without physical meetings, allowing the firm to serve clients across India from a single Gurgaon base.

Go-to-market is sales-led and primarily organic: website/SEO, direct client acquisition, and a 'Refer & Earn' program that grants one month of free service per successful referral. The firm has 53 employees and reports over 25 years of cumulative team experience. There is no evidence of external institutional investment, venture funding, subsidiaries, or M&A activity. Founder L.K. Verma, practicing since 2001, remains the sole named principal.

Name

Lakshmi Associates - India

Legal name

Lakshmi Associates

Website

https://lakshmiassociates.in

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Short description

Lakshmi Associates is a Gurgaon-based accounting and tax consultancy firm founded in 2008, serving SMBs, startups, and corporate clients across India with online-delivered GST, TDS, income tax, audit, payroll, and business registration services.

Ownership category

akta.pro rank

Product category

Accounting & Tax Consultancy Services

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412), Offices of Certified Public Accountants (541211)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Indirect Tax (VAT/GST/Sales & Use) Services (BPAHABAJ)

akta.pro secondary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

Keywords

• Tax consultancy services
• Accounting audit services
• Business registration services
• GST compliance filing
• Income tax return filing

Headquarters

HQ city

Gurgaon

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services - Business Registrations: Fee-based services for business entity registrations including Private Limited Company, LLP, Partnership Firm, Proprietorship, Society Registration, MSME Registration, IEC, PAN, TAN, and Digital Signature Certificates.
2. Accounting & Audit Services: Providing comprehensive accounting, auditing, and bookkeeping services to clients. Services include tax audits, statutory audits, stock audits, bank audits, internal audits, and GST audits.
3. GST Consultancy Services: GST registration, returns filing (GSTR-1, GSTR-3B, GSTR-9, GSTR-9A, GSTR-9B, GSTR-9C), GST audits, compliance advisory, and GST payment services.
4. Income Tax Services: Income tax return filing for individuals, proprietorship firms, partnership firms, and private limited companies including tax planning and compliance.
5. TDS Services: TDS return filing including Form 24Q, Form 26Q, Form 27Q, and Form 27EQ for compliance with Tax Deducted at Source requirements.
6. Payroll & Compliance Services: Payroll processing, EPF registration, and ESI registration services for employer compliance.
7. Part-Time Accounting Services: Hiring part-time accountants for small businesses and startups, offering flexible and cost-effective accounting solutions.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Lakshmi Associates is a professional services firm that delivers accounting, tax, audit, payroll, and business registration services to clients in India. The firm files GST returns (GSTR-1, 3B, 9, 9A, 9B, 9C), TDS returns, income tax returns, and handles entity registrations (Private Limited, LLP, Partnership, Proprietorship, Society), MSME/Udyog Aadhaar, IEC, PAN, TAN, Digital Signature Certificates, EPF, and ESI. All services are delivered entirely online, supported by a client dashboard and integrations with government portals (MCA, GSTN, Income Tax, DGFT, EPFO, ESI).

Product overview

Lakshmi Associates is an accounting and tax consultancy firm established in 2008 in Gurgaon, India. The firm provides a comprehensive suite of accounting, auditing, and business compliance services organized as discrete service offerings. Core services include Accounting & Audit Services, GST Consultancy (covering registration, returns filing, LUT, e-Way Bill, and GSTR forms 1/3B/9/9A/9C), TDS Services, Income Tax Return Filing (for proprietorship, partnership, and private limited companies), Payroll Management, EPF/ESI Registration, and Business Registration services (Private Limited Company, LLP, Partnership Firm, Proprietorship, Society). Additionally, the firm offers Digital Signature Certificates, MSME/Udyog Aadhaar, Import Export Code, PAN, and TAN registration services. Part-time accounting staffing and Refer & Earn programs are also available. The services function as individual offerings rather than an integrated software platform.

Differentiator

Problem solved

Functional benefit

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core.

• Ministry of Corporate Affairs (MCA)coreTechnology or IntegrationIntegration with MCA portal for company registration filings, DIN applications, and annual return filings. Digital Signature Certificates used for e-filing with the Ministry.
• GSTN (Goods and Services Tax Network)coreTechnology or IntegrationOnline GST portal integration for GST registration, return filings (GSTR-1, GSTR-3B, GSTR-9, GSTR-9C), and compliance management.
• Income Tax Department / CBDTcoreTechnology or IntegrationIntegration with Income Tax Department for ITR filing, PAN applications, and TAN registrations through the official e-filing portal.
• Directorate General of Foreign Trade (DGFT)coreTechnology or IntegrationIEC (Import Export Code) registration services through DGFT portal for businesses engaged in import/export activities.
• Employees' Provident Fund Organisation (EPFO)coreTechnology or IntegrationOnline EPF registration and return filing services for employer compliance with Employees' Provident Funds Act, 1952.
• ESI CorporationcoreTechnology or IntegrationESI registration services under Employees' State Insurance Act, 1948 for employee social security benefits.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• RegisterKaro: Business registration and compliance services for Indian startups and SMBs including Pvt Ltd, LLP, GST, trademarks, and ongoing compliance — directly comparable to Lakshmi Associates' registration and recurring services bundle.
• Tax2Win: Online income tax return filing and tax planning platform serving Indian individuals and small businesses — directly comparable to Lakshmi's ITR and tax planning service line.
• IndiaFilings: Online platform for Private Limited Company, LLP, GST, trademark, and ITR services — overlapping almost identically with Lakshmi Associates' registration and compliance offerings for Indian SMBs and startups.
• ClearTax: India's largest digital tax-filing and GST compliance platform offering online ITR, GST, TDS, and business registration services — directly competing with Lakshmi Associates across its core SMB compliance stack.
• Quicko: India-focused online tax filing and compliance platform for ITR, GST, and TDS — competing with Lakshmi Associates on self-serve and assisted filing for SMB and individual taxpayers.
• myITreturn: Online income tax return filing service in India with assisted and DIY options — directly competing with Lakshmi's ITR filing and tax compliance offerings for individuals and small businesses.
• Masters India: GST and indirect tax compliance platform offering e-Way Bill, e-invoicing, GST return filing, and ERP-integrated solutions — competing with Lakshmi's GST consultancy and return filing services for SMB and enterprise clients.
• EazyReturns: Specialized GST return filing service for Indian businesses including GSTR-1, 3B, and 9 — a focused direct competitor to Lakshmi's GST return filing product line.

Broad incumbents

• BDO India: Large established Indian accounting and advisory firm offering audit, tax, and consulting services across corporate and SMB segments — overlapping with Lakshmi's audit and tax advisory work but at a much larger scale and broader portfolio.
• Deloitte India: Big Four accounting and consulting firm in India providing audit, tax, advisory, and consulting services — comparable to Lakshmi's tax and audit offerings but operating at vastly greater scale and across enterprise/multinational clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lakshmi-associates---india

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lakshmi Associates - India