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Filing Financials Statements with RoC As per Section 137(1) of the Companies Act, 2013, every Company registered in India is required to file e-forms- AOC-4/ AOC-4 CFS/ AOC-4 XBRL/ AOC-4 NBFC/ AOC- ........ View More
Tax Deducted at Source (TDS) is an advance tax mechanism introduced by the Income Tax Department under which, the tax is deducted at the time of receipt of the amount of payment by the assessee. Tab ........ View More
Organizations' complex work structures and processes require a unified solution that assists in managing various aspects of the business. To facilitate the same, an ERP integrates the main functions o ........ View More
What is the Faceless Assessment Scheme 2020? The Faceless Assessment Scheme, 2020 has been launched by the Income-Tax Department to eliminate the interface between the Assessing Officer and the Ass ........ View More
Phase I (Issuance and Preservation Phase) of e-Invoicing was implemented on December 4, 2021, mandating the taxpayers subject to the e-invoicing regulations to restrict the usage of handwritten invoic ........ View More
Under the chairpersonship of the Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman, the 48th GST Council meeting was held on 17th December 2022, through video conference. The 48th ........ View More
Phase 2 or the integration phase of e-invoicing will be implemented from 1st January 2023 and VAT taxpayers with a turnover of more than SAR 3 billion in 2021 will be mandated to generate and issue el ........ View More
The Zakat, Tax and Customs Authority (ZATCA) conducted over 12,000 monitory inspection visits in Nov on markets and shops across the Kingdom of Saudi Arabia. In cooperation with the National Anti-Co ........ View More
Websites are globally accessible sources of information, knowledge, and ideas. By the virtue of its wide reach and easy accessibility, a well-structured website is becoming a necessity for organizatio ........ View More
In a recent news update on November 30, 2022, the Cancellation of Fines and Exemption of Penalties Initiative has been extended for the taxpayers for an additional period of 6 months from Thursday, De ........ View More