Tax compliance
A big challenge faced by organisations includes TDS compliance, a survey said, adding simplifying reporting under tax regulations would make reconciliations quicker and more efficient.
Tax teams at large firms spend 70% of time on average on tax compliance and want cross-utilisation of data collected by government agencies to cut down on reporting requirements, a Deloitte survey on 'Income-tax digitalisation in India' said.
The disproportionate amount of time spent by tax teams on tax compliance, more so in larger organisations, is an area of concern and needs to be addressed by way of discussion between the tax administration and taxpayers,” said the Deloitte survey. Tax teams in large, complex organisations, despite their enhanced use of technology in tax, spend a high proportion (around 70 per cent on average) on tax compliance.
Today's Headline in NewsHours
0:00 Intro
2:51 #Microsoft to buy electricity generated from fusion company Helion in 2028
3:26 2.25 lakh mobile numbers deactivated in Bihar, Jharkhand by Telecom Dept
3:55 Twitter rolls out encrypted DMs for verified users
4:21 #Microsoft invests in start-up Builder.ai
4:48 #OpenAI CEO to testify in US Senate for 1st time over AI
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Withholding Tax in SAP |Withholding Tax Configuration | Withholding Tax (WHT) Calculation in SAP
SAP Fico Tutorial:
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Withholding Tax Configuration
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Tax Reporting Cloud Overview | TRCS Intro Session | Oracle Tax Reporting | What is tax reporting?
Tax Reporting Cloud Overview | TRCS Intro Session | Oracle Tax Reporting | What is tax reporting?
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Tax Reporting Cloud Overview | TRCS Intro Session | Oracle Tax Reporting | What is tax reporting?દ્વારા Amit Sharma | 130 અભિપ્રાયો
Make in India : Robust Compliance - a Catalyst for MSMEs
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દ્વારા CII | 1526 અભિપ્રાયો
Oracle ARCS Overview of Reconciliation Compliance Configuration | Oracle ARCS Tutorial | ARCS BISP
Oracle Getting Started with ARCS:
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Oracle ARCS Overview of Reconciliation Compliance Configuration | Oracle ARCS Tutorial | ARCS BISPદ્વારા Amit Sharma | 31 અભિપ્રાયો
Technological Solutions to ease GST Compliance for MSMEs
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દ્વારા CII | 609 અભિપ્રાયો
We can expect a strong compliance culture for Payment Data security in 2021
We can expect a strong compliance culture for Payment Data security in 2021
We can expect a strong compliance culture for Payment Data security in 2021દ્વારા VARINDIA | 64 અભિપ્રાયો
GST COMPLIANCE FOR YOUR BUSINESS
Watch GST COMPLIANCE FOR YOUR BUSINESS With HD Quality
દ્વારા CII | 265 અભિપ્રાયો
Growing importance of PCI DSS Compliance for the enterprises
#pcidss #Axiata #Telenor
PCI DSS Compliance
The Payment Card Industry Data Security Standard (PCI DSS) is a set of information security requirements intended to ensure that all companies that process, store, or transmit credit card information maintain a secure environment. Since almost every business accepts credit or debit cards as a form of payment, PCI compliance has a very real appeal for data security. The control measures laid out in the PCI DSS reduce the risk of credit and debit card data loss. Not only is PCI compliance a requirement to prevent identity theft, but it is also packed full of best practices for detecting, preventing, and remediating data breaches. Any business entity that accepts credit cards, anywhere in the world, needs to comply with the Payment Card Industry Data Security Standard(PCI DSS). One of the mandatory requirements is to protect cardholder information.
As governments look for more ways to reduce costs, electronic payments have become an economical method of purchase. Using credit or debit cards reduces the time it takes to receive funds, is less error-prone and makes it easier for residents to pay. Failure to comply with PCI DSS comes at the cost of fines that may end a business owner’s ability to conduct e-commerce, accept payment cards, accept online payments in the future. In case of a breach event, penalties for non-compliance are huge - ranging from $5000 to $100,000 per month. Also, one can lose their merchant account, which means the company can't accept credit card payments anymore. A company placed on the terminated merchant list, won’t be eligible to have another merchant account maybe for several years.
0:00 Intro
2:14 India achieves 82.7 lakh jabbed in one day
2:50 #Axiata, #Telenor sign $15 bln deal to merge Malaysian telecoms units
3:26 5 arrested for running 3 Fake Ram Janmbhoomi Websites ,says UP Cyber Police
4:15 #Zee Entertainment says no merger wiદ્વારા VARINDIA | 61 અભિપ્રાયો
COTPA compliance in totality demanded
Watch COTPA compliance in totality demanded With HD Quality
દ્વારા ingoanews | 105 અભિપ્રાયો
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AI is used Towards Client AI Processing
#Artificialintelligence is increasingly being used for client AI processing. This means that AI models are being trained and deployed on client devices, such as smartphones, laptops, and IoT devices. This has a number of advantages, including, Reduced latency, Improved privacy and Reduced bandwidth usage.
Traditionally, AI processing has been conducted by massive clusters of servers in the cloud or data centers. This is because AI models can be very large and complex, and they require a lot of computing power to train and run.
AI is used Towards Client AI Processingદ્વારા VARINDIA | 450 અભિપ્રાયો
Can Google’s tools combat online misinformation
#Google's efforts to combat misinformation are important because misinformation can have a negative impact on society. It can undermine trust in institutions, lead to violence, and harm democracy. By developing new tools and initiatives, Google is helping to make the internet a safer and more informed place for everyone.
Google has recently unveiled three new tools to combat online misinformation:
· About this Image: This feature, which was initially unveiled earlier in 2023 and is now available globally to English-speaking users through Google Search, provides information about images, including their history, descriptions by users, metadata, and clear indications if an image is generated by AI. Google's AI-generated images are also clearly labelled.
· Fact Check Explorer: This tool allows journalists to verify images by tapping into information from independent organizations.
· AI-generated source descriptions within the Search Generative Experience: This feature provides original sources and insights from reputable publications, which are accessible through the "More About This Page" section in search results.
Can Google’s tools combat online misinformationદ્વારા VARINDIA | 195 અભિપ્રાયો
Increasing online Frauds
Recent developments in the technology landscape, including the acceleration of automation, artificial intelligence, and the digitization of industries, are transforming the nature of work. These challenges have immediate and far-reaching implications for India's economy, society, and future prospects.
The Tech Tsunami, characterized by rapid technological advancements, has the potential to drive unprecedented growth and innovation. However, if not harnessed effectively, it could lead to job shrinkage, job displacement and job reduction further leading to increased economic inequality.
Today's Headline in NewsHours
0:00 Intro
3:07 Online gaming firms sent tax notices worth INR 1 lakh cr
3:36 Government plans to introduce regulatory sandbox for OTT apps
4:05 #Microsoft pulling the plug on its metaverse project
4:33 #HMD Global to manufacture own brand of smartphones in India in 2024
5:00 #TechMahindra’s CEO designate Mohit Joshi announces restructuring
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Increasing online Fraudsદ્વારા VARINDIA | 190 અભિપ્રાયો
Govt./PSU
IRCTC 11
CRPF signed an MoU with the IRCTC on Railway Reserved e-ticketing system
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NTPC Empowering through Self Employment Opportunities (Updated Version, 11.10.2019)
NTPC is the largest power generating company of India that also works towards enhancing and bringing qualitative changes in the communities around its projects. One of the key focus areas by which NTPC is bringing change in nearby communities is empowering women by providing them training in various areas for self employment .
This is story of Sridevi from Telangana- her transformation from a diligent housewife to a successful entrepreneur.
A success story of empowerment with help of NTPC’s CSR initiative.
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Launch of Gujarat Election Campaign in Ahmedabad
Launch of Gujarat Election Campaign in Ahmedabad.
#CongressNuKaamBoleChe
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My interview with Jan Man India
Here is my interview with Shri Sudhir Raval on Jan Man India Channel.
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India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.
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Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.દ્વારા Bharatiya Janata Party Delhi | 74256 અભિપ્રાયો
ટ્રેડિંગ અત્યારે
Daily Mirror
MP Congress की आज फिर बड़ी बैठक | Jitu Patwari और Vibha Patel रहेंगे मौजूद | Congress Meeting
MP Congress की आज फिर बड़ी बैठक | Jitu Patwari और Vibha Patel रहेंगे मौजूद | Congress Meeting
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All Eyes on Reasi कर रहा Social Media पर ट्रेंड, क्यों है लोगों की इस शहर पर नजर?
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Chomu Raj News | आतंकी हमले में 4 की मौत मामला,मांगो को लेकर तहसील के बाहर धरने पर बैठे परिजन
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