Giving and receiving gifts is an integral part of India’s cultural heritage. While in most cases, the value of such presents is nominal, but in some cases, the value of...
Posted by | April 12, 2024
In an era of digital transformation, the Revenue Department has introduced significant changes in the delivery method of notices and orders related to GST. Here is an overview of these...
Posted by | April 5, 2024
In the realm of finance, where numbers reign supreme and transparency is paramount, one aspect stands out as a critical focal point for maintaining organizational integrity: accounts payable internal controls....
Posted by | March 29, 2024
As the financial year-end approaches, accountants in India play a crucial role in ensuring that corporate companies adhere to essential checks and balances for a smooth transition into the new...
Posted by | March 22, 2024
The Ministry of Corporate Affairs (MCA) has mandated all companies, regardless of size or complexity, to incorporate an audit trail feature in their accounting software, aiming to bolster accountability and...
Posted by | March 15, 2024
Background: As per the Income Tax law, employers are required to calculate the income tax for each employee based on the chosen tax regime (Old or New) and deduct TDS...
Posted by | March 8, 2024
In their efforts trying to promote growth of Micro Small & Medium Enterprises, Government has brought about amendment effective from 1st April 2024 which requires all business entities, including companies,...
Posted by | March 1, 2024
In today’s dynamic business operations, strategic asset management stands as the cornerstone of organizational excellence. Whether its machinery, equipment, or digital assets, keeping track of these resources is essential for...
Posted by | February 23, 2024
As we boldly stride into the Digital Age, India advances towards a cashless future! In a sweeping transformation, India’s digital payment ecosystem has surged forward, propelled by a synergy of...
Posted by | February 16, 2024
Managing a business requires meticulous attention to numerical data, requiring constant monitoring to achieve success. As we step into 2024, let's talk about some important trends in accounting that business...
