First things first!The income tax is the sum of money that you need to pay in the form of the tax to the Government as per your tax slab that you fall under depending on your salary. To calculate an...
Your ChallengesThe political landscape and recent developments in International Taxation has made both local and international Tax Compliance more challenging. You realise that the Tax Regulatory...
The learned author takes up for discussion a very recent Tribunal decision in which the assesse had made reimbursement of expenditure to a certain party, which the assessing officer treated as payment...
Adoption of new technologies such as analytics, artificial intelligence in information system has enabled the auditor to examine and analyse large volumes of structured and unstructured data related...
The emergence of blockchain technology is trending in the process audit services market. A blockchain refers to a distributed ledger which has the relevant details for every transaction that has ever...
Data analytics helps auditors to manage important aspects of IT systems in larger audits. The extraction of data using fields within the basic data structure is a part of data analytics. For instance...
Internal auditing firms are highly investing on cognitive Intelligence, and robotic process automation (RPA) to help analyze and automate the large inputs of digital data arriving from large scale...
Businesses grow, the number of employees increase and the owners certainly look to achieve new heights with their organization. Ever wondered what fraction of businesses do actually achieve the...
When the tax season is around the corner every business persons starts to get nervous by it. Filing of tax returns is a daunting task and requires lot of knowledge and time. Being an owner you have so...
Taxes are an integral part of every economy. They enable the government to fund important nation-building initiatives and strengthen services in different sectors such as infrastructure, defence...
The Government has notified the effective date of implementation of TCS provisions in GST returns w.e.f. 1.10.2018 (unless extended). This requires E-commerce operators like Amazon, Flipkart, etc. to...
Filing tax returns is a tough task, particularly in the event that you are an entrepreneur and you need to deal with your business assignments alongside documenting your business tax returns. In any...
Offshore asset protection is a way of protecting your interests, either by separating your assets from your local interests or by keeping your already offshore items protected in their local country...
Long distance moving is a big event. The foremost thing that you should keep in mind is that it differs a lot from local moving. In case of long distance, your possession is being in transit for many...
Payroll is that the amount of money that is spent by the corporate for paying the wages of all staff each month. big organizations have their in-house department that produces difficult and long...