



25+ Years Experience
99.9% Compliance Accuracy
ICMAI Certified Firm
CMA Chaitanya Kumar Ray, Managing Partner
FCMA, Insolvency Professional, Social Auditor, Independent Director, GST Practitioner, Security System Auditor.
Membership Number: 20201
Welcome to RAY NAYAK & Associates
Ray Nayak & Associates is a leading group of Cost Accountants firm formed with five partners having more than 26 years of experience in our professional fields rendering comprehensive professional services including various types of audits including Cost Audit, Internal Audit, various certifications, Cost & Management Consultancy, GST Audit with GST Practitioners recognised by Govt of India, NSIC – Sarathi with MSME consultants, Income Tax, Capital Market Consultants, Company Law & Management Services, Finance & Tax Consultancy, Representation services in the various authorities/Tribunals/Appellate Tribunals etc., Excise & Customs consultants, Internal Audit, Fixed Assets Audit, Stores and Stock Audit, System Audit, Project Report and Project financing etc. of various banks, companies including public and private sectors/products/services in all over India. We are also appointment as Trustee, Executor, Arbitrator, Valuator, Receiver, Advisor, Administrator, Secretarial Consultant, Consultant in various fields, appointment as representative on behalf of client to appear in the state and central govt., tax authorizes and Tribunal in various matters of various organizations. We have hands on experience in consulting the area of Finance, Foreign Exchange Management, Accounts, Audit, Taxation Commercial Activities, MIS, Costing, Budgeting, Compliance with Company Law and other legal requirements etc
CMA Chaitanya Kumar Ray, Managing Partner of this firm having vast professional qualifications and experience in service providing as Cost Accountant, Insolvency Professional – IP, Empanelled Independent Director in MCA, GST Practitioner, Social Impact Assessor, Security System Auditor-DISSA, MSME & NSIC -Sarathi Consultants authorised by NSIC etc.
Ray Nayak & Associates is a professionally managed firm. The team consists of five distinguished with experienced Cost Accountants as partners, qualified & Semi qualified CMA. The firm represents a combination of specialized skills, which are geared to offers sound financial advice and personalized proactive services. Those associated with the firm have regular interaction with industry and other professionals which enables the firm to keep pace with contemporary developments and to meet the needs of its clients.
Our Expertise
Comprehensive Services
Tailored solutions designed for precision and strategic growth.

Advisory Services
We provide expert advisory solutions on taxation, corporate law, financial planning, regulatory compliance, and business strategy to support informed decision-making and business growth.

Auditing
We undertake various audit assignments including statutory audit, internal audit, cost audit, stock audit, forensic audit, and system audit for corporates, banks, and institutions.

Capital Market Consultants
We offer consultancy services for capital market intermediaries including compliance support, regulatory advisory, and SEBI-related audit and certification services.

Certification
We provide certification services under various laws including GST, Income Tax, Companies Act, and other regulatory authorities for compliance and verification purposes.

Company Law and Management Services
We assist in company incorporation, ROC compliance, corporate governance, secretarial services, and overall company law advisory and management support.

Cost and Management Consultancy
We provide cost control, cost audit, budgeting, management accounting, MIS development, and operational efficiency improvement services.

Finance and Tax Consultancty
We offer comprehensive financial advisory, tax planning, direct and indirect tax consultancy, and business financial structuring services.

GST
We provide complete GST services including registration, return filing, audit, advisory, assessments, e-invoicing, and compliance management.

Income Tax
We handle income tax planning, return filing, assessments, appeals, tax litigation support, and advisory services for individuals and corporates.

Independent Director
We provide services as Independent Directors under Companies Act, ensuring corporate governance, compliance oversight, and strategic guidance.

Insolvency Professional
We offer insolvency and bankruptcy services including CIRP, liquidation, resolution planning, and advisory under the IBC framework.

NSIC Sarathi and MSME Consultants
We provide MSME registration, NSIC-Sarathi consultancy, government scheme guidance, and subsidy advisory services for small and medium enterprises.

Other Miscellaneous Services
We also provide valuation, arbitration, trustee services, receiver services, and various specialized professional assignments as required.

Representation Services
We represent clients before tax authorities, tribunals, regulatory bodies, and government departments for assessments, disputes, and compliance matters.

Sectoral Experience
We have strong experience serving industries such as manufacturing, banking, telecom, infrastructure, MSME sector, trading, and service industries across India.

Social Impact Assessor
We provide Social Impact Assessment services for projects, organizations, and CSR initiatives to evaluate economic and social outcomes effectively.