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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
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
Learning Efficient Tax Planning with Prakash Lohana, Ascent Financial Solutions Pvt. Ltd.
Prakash Lohana, Managing Director & CFP, Ascent Financial Solutions Pvt. Ltd. teaches us all about Efficient Tax Planning at the ET Wealth investment Workshop in Ahmedabad, held on march 8, 2019. Listen in!
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Watch Learning Efficient Tax Planning with Prakash Lohana, Ascent Financial Solutions Pvt. Ltd. With HD QualityBy The Economic Times| 135 views
Wealth Investment Workshop: Tax planning
The big issue of investment being an integral part of tax planning gets addressed at the ET Wealth Investment Workshop, held in Mumbai on August 24, 2018. The speaker at the session was Vishal Dhawan, Founder & CEO, Plan Ahead Wealth Advisors.
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