Sr. Team Member - Taxation

About The Organization

Star Union Dai-ichi Life Insurance (SUD Life) is a joint venture formed in 2007 between two major Indian PSU banks - Bank of India and Union Bank of India - and Japan's Dai-ichi Life Holdings.

We have served over 15 million customers through more than 19,500 bank branches across India. Our network includes 1,950 rural bank branches, ensuring insurance reaches remote areas.

SUD Life focuses on creating insurance products that meet different customer needs across all segments of society. With our promoters 100+ years of commitment and combined strengths, we aim to become a leading name in India's life insurance sector while delivering value to all stakeholders.

Established in 1902, Dai-ichi Life is the second largest life insurance company of Japan and is one of the top ten life insurers globally, renowned for sound product knowledge, superior asset management skills, and strong operational capabilities to manage life insurance businesses.

At SUD Life, our customers are our priority. We are committed to providing insurance products that serve our customers unique needs across various strata of society and geographies.

The promoters of SUD Life have a long-term commitment towards their customers and stakeholder. These strengths and values have been inherited by SUD Life, as we make our way to becoming the next rising star in the Indian life insurance business, promising exceptional value to all.

To Know More About Us Please Visit

Our Website: https://www.sudlife.in/

Our LinkedIn Page: https://www.linkedin.com/company/13201422

Our Talent Philosophy

At Star Union Dai-ichi Life Insurance, we will ensure to nurture our people and provide opportunities to learn, succeed and build careers to the best of their abilities, thus creating and unlocking value for self, the organization, and the society at large.

Key Responsibilities

Direct Tax

• Verifying whether TDS has been deducted at correct rates as per the provisions of Income tax Act
• Preparation of monthly workings and making TDS payment to government
• Preparation of TDS returns on a quarterly basis
• Assist in sending the TDS certificated on a quarterly basis
• To prepare and file Income Tax returns on an annual bas
• Preparation of data for submissions to the Tax Officer
• Handle tax Audit
• Assist in Transfer Pricing Audit
  
  

GST

• Calculation of monthly GST Payable and Input Tax credit available for the period
• Detailed workings related to various components of GST liability at policy level and booking relevant entries were required
• Preparation of ITC register and effective utilization of credit for discharge of liability
• Preparation of data for Annual Return
• Preparation and filing of monthly GSTR 1 and GSTR 3B
• Registration of new premises
• To verify the correctness of ITC claimed in the books
• Reconciliation of the ITC as per books and GSTN portal