About Us — NDS Advisors | Chartered Accountants in Panaji, Margao & Vasco, Goa
About NDS Advisors

Fifteen years of turning compliance into clarity.

NDS Advisors was founded in 2009 by two articled clerks who kept hearing the same question from clients: "but what does this actually mean for my business?" Fifteen years on, that question still shapes how we work across Panaji, Margao, and Vasco da Gama, Goa.

"We didn't set out to be the biggest firm in the city. We set out to be the one client calls before making a decision, not after making a mistake."
N. Deshpande Managing Partner, NDS Advisors
How We Started

Two clerks, one ledger, and a lot of late nights.

NDS Advisors opened its first small office in Panaji in 2009, with two founding partners and a handful of clients inherited from their articleship years. The early work was ordinary — tax returns, statutory audits, the odd incorporation. What set the practice apart was a refusal to hand over a filing without explaining it.

That habit is still the reason clients stay. As Goa's business landscape shifted — GST, digital compliance, cross-border structures — the firm grew by following its clients into Margao and Vasco da Gama, building sector expertise in whatever industry walked through the door: tourism & hospitality, mining, real estate, and eventually IT services and startups.

Today NDS Advisors is a 75-person practice, but the founding instinct hasn't changed: read the fine print so the client doesn't have to worry about it.

By the Numbers

A track record built one filing at a time.

7,500+
Clients served across Panaji, Margao, Vasco & beyond
15+
Years working with diverse businesses across sectors
75+
Qualified team members delivering end-to-end solutions
98%
Client retention through consistent advisory excellence
Our Journey

Fifteen years, a few milestones at a time.

From a two-room office in Panaji to a firm trusted across the state — here's how NDS Advisors got here.

2009

Firm founded in Panaji, Goa

Two articled clerks register NDS Advisors and take on their first independent audit and tax clients.

2012

Outsourced accounting practice launched

Growing SME clients ask for more than filings — the firm builds a dedicated bookkeeping and payroll desk.

2015

Margao office opens

A second office follows the firm's expanding trading and real-estate client base in South Goa.

2017

GST transition desk stood up

A dedicated indirect-tax team is formed ahead of GST rollout, retraining every client on the new regime.

2019

Vasco da Gama office opens

The third office is opened to serve a growing base of tourism, hospitality, and port-trade clients in Vasco.

2021

Virtual CFO practice introduced

Startup and scale-up clients gain access to ongoing financial strategy, not just year-end compliance.

2026

7,500+ client files on record

NDS Advisors now serves clients across ten industries from three offices, with a 98% retention rate.

What We Stand For

The principles behind every engagement.

Not a mission statement — a working agreement. These are the standards every file is measured against before a client ever sees it.

01 · Integrity

Explain Before You File

No return, report, or filing leaves the office without the client understanding what it says and why.

02 · Reliability

Deadlines Are Commitments

Every statutory date is treated as fixed the day an engagement begins, not negotiated the week it falls due.

03 · Transparency

Clean Working Files

Workpapers, correspondence, and review notes are documented on every engagement, so nothing depends on memory.

04 · Partnership

Stay After the Invoice

Notices, queries, and follow-up questions are answered as part of the relationship, not billed as a new engagement.

Leadership

The partners who sign off on the work.

Every engagement is ultimately reviewed and signed by one of these six — a small leadership bench, by design, so nothing gets lost between departments.

ND
ICAI Verified

N. Deshpande

Managing Partner

Leads the firm's audit and corporate advisory practice. With NDS since its founding in 2009.

FCA, DISAPanaji
SR
ICAI Verified

S. Rane

Partner — Taxation

Heads direct and indirect tax. Built the firm's GST transition desk and leads appellate representation.

FCA, LLBPanaji
AK
ICAI Verified

A. Kulkarni

Partner — Audit & Assurance

Runs statutory and internal audit delivery across all three offices, with a focus on tourism, hospitality, and real estate.

FCA, DISAMargao
MJ
ICAI Verified

M. Joshi

Partner — Advisory & Valuation

Leads business valuation, due diligence, and the firm's Virtual CFO practice for startups and scale-ups.

FCA, CFAPanaji
RP
ICAI Verified

R. Patil

Partner — Corporate & Regulatory

Oversees company law, FEMA, and NCLT matters — the go-to for anything involving the ROC or RBI.

FCA, LLBVasco da Gama
VS
ICAI Verified

V. Shetty

Partner — Accounting & Outsourcing

Runs the outsourced accounting and payroll desk, now serving over 1,200 retained clients monthly.

FCA, CMAMargao
Registrations & Memberships

On record with the bodies that matter.

ICAIRegistered Firm
MCAEmpanelled Auditor
GSTNAuthorised Practitioner
RBIFEMA Advisory Panel
IBBIRegistered Valuers
"
NDS Advisors brought clarity to a decade of tangled compliance. Their approach isn't just to file — it's to understand the business behind the numbers.
A Long-Standing Client  ·  Hospitality Sector, Goa
Let's Talk

Every long relationship starts with one conversation.

Tell us what you're working through — a filing, a structure, a decision you're not sure about. We'll tell you plainly what we see.

Panaji, Goa · Serving Margao & Vasco da Gama
info@ndsadvisors.co.in
Mon – Sat  ·  10:00 AM – 7:00 PM