Now Hiring: Are you a driven and motivated 1st Line IT Support Engineer?
12NovBusiness compliance in 2023 encompassed various requirements, regulations, and practices to ensure that businesses adhered to local, national, and international laws and standards. Here’s an overview of key aspects of business compliance in 2023: 1. Data Privacy and Security GDPR: Companies handling data of EU residents continued to ensure compliance
28AugThe Indian government is reassessing its plan to mandate joint audits for large companies, a proposal aimed at enhancing audit quality and accountability. Joint audits involve multiple audit firms collaborating to audit a single company, potentially improving financial transparency and reducing risks associated with audit failures. Background In recent years,
28AugCreating a Non-Governmental Organization (NGO) involves several key steps to ensure legal compliance, proper governance, and successful operation. Here’s a detailed guide: 1. Define Your Mission and Vision 2. Choose the Type of NGO 3. Assemble a Founding Team 4. Develop a Name and Branding 5. Draft a Governing Document
28AugThe Income Tax Department frequently runs campaigns and issues clarifications regarding the reporting of foreign assets and foreign income in the income tax return. This indicates that, in the future, the Income Tax Department will take strict action if foreign income and assets are not reported in the income tax
25AugGuide to E-Way Bills in India: Rules, Applicability, and Benefits Introduction to E-Way Bills in India As per Indian regulations, the movement of goods valued over ₹50,000 requires an e-way bill, a mandatory document. In this discussion, we will delve into the benefits of e-way bills, their applicability, the generation
25AugSection 44ADA – Presumptive Taxation Scheme for Professionals The presumptive taxation scheme under Section 44ADA is a simplified method of calculating taxable income for professionals. This scheme is designed to reduce compliance burdens by eliminating the need for maintaining detailed books of accounts and providing a straightforward way to compute
