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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.
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#TaxCompliance #TaxLaws #CompliantTaxpayers #TaxFiling #TaxRegulations #IRSCompliance #TaxAudit #TaxPenalties #TaxEnforcement #TaxCompliance #TaxRegulations #TaxObligations #IRSCompliance #KnowYourTaxes #TaxFilingDeadline #TaxLaws #CompliantTaxatBy VARINDIA| 23 views
GST काउंसिल की 49वीं बैठक की तारीख हुई तय....
GST काउंसिल की 49वीं बैठक की तारीख हुई तय....
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Income Tax Amendment for May 2020 & June 2020 Exam | CA Raj K Agrawal
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Watch Income Tax Amendment for May 2020 & June 2020 Exam | CA Raj K Agrawal With HD QualityBy CA Raj Agrawal| 2055 views
Lip Balm Maker Builds Giant Theater Pipe Organ News Video
One of the largest theater pipe organs in the country is being built in an unlikely place: a lip balm warehouse in southern Wisconsin.
By Nidhi| 364 views
NY Congressman Pleads Guilty to Tax Evasion News Video
Republican Congressman Michael Grimm from New York City admitted Tuesday to federal tax evasion, pleading guilty to charges he had fought as he won re-election this year but that now leave his congressional future in question.
By Nidhi| 3327 views
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India observes Independence Day with patriotic fervour
Prime Minister Narendra Modi
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India observes Independence Day with patriotic fervourBy PMOfficeIndia| 248620 views
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Soniya Bansal slams Isha Malviya’s relationship with Abhishek-Samarth & Vicky Jain’s toxic behaviourBy Bollywood Bubble| 75 views
Press Conference by Union Minister of Jal Shakti Shri Gajendra Singh Shekhawat at BJP HQ.
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