Privacy Policy

Last updated: January 1, 2025

Summary: Paras Finance collects only the information necessary to provide our tax and financial services. We never sell your data to third parties. Your financial information is encrypted and handled with the highest level of confidentiality.

1. Information We Collect

We collect information you provide directly when you:

  • Register for our services or fill in consultation forms
  • Upload documents required for tax filing or registration
  • Contact us via phone, email, or WhatsApp
  • Subscribe to our newsletter or updates

This may include your name, email address, phone number, PAN, Aadhaar, business details, financial statements, and tax-related documents. We also automatically collect non-personal data such as IP addresses, browser type, and pages visited through standard server logs and cookies.

2. How We Use Your Information

We use the information we collect to:

  • Provide, operate, and improve our tax and financial services
  • File tax returns, complete registrations, and fulfill other services on your behalf
  • Communicate service updates, deadlines, and compliance reminders
  • Respond to your inquiries and provide customer support
  • Send promotional communications (you can opt out at any time)
  • Comply with applicable laws and regulatory requirements

3. Data Security

We take the security of your personal and financial information extremely seriously. We implement industry-standard security measures including:

  • 256-bit SSL/TLS encryption for all data in transit
  • Encrypted storage of sensitive financial documents
  • Role-based access control — only assigned CAs access your files
  • Regular security audits and vulnerability assessments
  • Secure deletion of documents after service completion (upon request)

Despite our best efforts, no method of transmission over the Internet is 100% secure. We encourage you to use strong passwords and report any security concerns to us immediately.

4. Sharing of Information

We do not sell, rent, or trade your personal information to third parties. We may share your information only in the following limited circumstances:

  • Government Portals: We submit your data to the Income Tax Department, GSTN, MCA, and other government portals solely to provide the services you have engaged us for.
  • Service Providers: We may share data with trusted technology partners (e.g., secure document storage, email services) bound by confidentiality agreements.
  • Legal Requirement: We may disclose information if required by law, court order, or regulatory authority.

5. Data Retention

We retain your personal and financial data for as long as required to provide services and comply with legal obligations:

  • Tax-related documents and returns are retained for a minimum of 8 years as required under the Income Tax Act.
  • GST records are retained for 6 years as required under the GST Act.
  • Inactive account data is reviewed annually and deleted unless legally required to be retained.

6. Your Rights

You have the following rights regarding your personal data:

  • Access: Request a copy of the personal data we hold about you.
  • Correction: Request correction of any inaccurate or incomplete data.
  • Deletion: Request deletion of your data (subject to legal retention requirements).
  • Opt-Out: Unsubscribe from marketing communications at any time.
  • Portability: Request your data in a structured, machine-readable format.

To exercise any of these rights, contact us at privacy@parasfinance.org.

7. Cookies

Our website uses cookies to enhance your browsing experience. These include essential cookies (required for the site to function), analytics cookies (to understand how visitors use our site), and preference cookies (to remember your settings). You can disable cookies in your browser settings, though this may affect site functionality.

8. Changes to This Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. We will post the revised policy on this page with an updated "Last Updated" date. We encourage you to review this page periodically. Continued use of our services after changes constitutes your acceptance of the updated policy.

9. Contact Us

For any questions, concerns, or requests related to this Privacy Policy or your personal data, please contact:

Paras Finance – Data Privacy Officer

📍 123, Finance Street, Connaught Place, New Delhi – 110001

📞 +91 99999 99999

privacy@parasfinance.org