Partial relaxation with respect to electronic submission of Form lOF by select category of taxpayers in accordance with the DGIT (Systems) Notification №3 Of 2022.
Under Section 143(3)(i) of the Companies Act, 2013 (2013 Act), an auditor of a company is required to state in his/her audit report whether the company has an adequate internal financial controls (IFC) system in place and the operating effectiveness of su...
If you’re a business owner, you know that time is money. You also know that being organized and efficient can make all the difference when it comes to running your business.
The best Accounting Dashboards let accounting and finance professionals save time by tracking key KPIs, reducing massive, real-time data down to vital insights at a glance, and customizing reports for an instant, robust financial understanding. With the r...
All businesses must adopt efficient expense tracking and reporting system to bring financial discipline across the management team.
During 2019 and 2020, as many as 29 labour laws amalgamated, simplified, rationalized into 4 labour codes as below:
Starting a business and managing it is very challenging. Small businesses at their nascent stage have a host of issues to manage.
All growing businesses have financial challenges that cannot be addressed by Accountant or expensive CFO. Most Start-ups or SME fall behind in the first thirty-six months of operation due to financial incompetence.
Once you decided to outsource, the next step should be to choose an outsourcing company that will be a great fit with your goals and objectives, but most importantly, would be able to match your needs and requirements.
The journey of every small business in the first five years is generally saddled by effective funds management. Put simply, not enough money is seen coming in to pay employees or cover other expenses.
The advent of technology has revolutionized businesses and has done away with paperwork in offices. A lot of space has been saved as files are now stored in electronic gadgets and virtual storage.
The rapid of globalization & advancement in technology which led to rise in internet-based applications, leading to the emergence of a new concept of virtual cloud-based accounting.
As the old verse goes, “make new friends, but keep the old. One is silver while the other is gold”. It is well recognized that this applies to the business domain as well as it applies to the personal domain. And, Financial Accounting Outsourcing (FAO) in...
As an entrepreneur one will come across various challenges in managing a business, however, financial aspects top the list and rank most critical. One needs to pay utmost care and attention in carefully planning and monitoring aspects that affect the fina...
Business organizations today are very vast and complex. If keeping track of their daily activities itself is a challenge, managing their daily activities is an even greater challenge.