"Around 10 years of rich and varied experience in the field of Auditing, Corporate Accounting and Team Management. Possess excellent communication, inter-personal, liaison & problem solving skills; ability to work in multi cultural environment. Specialties: • Statutory Audits • Tax Audits • Team Management • Forecasting, Budgeting • Client Servicing • Planning • MIS • Statutory Compliances • Corporate Accounting "
1. The airline industry is a product of the Aviation Industry – Did you know that the airline industry and the aviation industry are not the same? The airline industry generally has four business models. Full-service carriers, low-cost carriers, charter airlines, and cargo airlines. Whereas, the aviation industry includes aircraft manufacturers, research organizations, regulators, and […]
Article discusses about Proposed Changes vide Fiannce Bill 2020-21 in Tax Rates, Concessional Tax Scheme, Changes in Provisions related to Residential Status, Changes in Tax Provisions related to Provident Fund, New TDS Provisions under Section 194O/194J and other Important Changes in TDS, Due date for filing of Form 3CEB, Important Filing Dates for the Year […]
India had another tryst with freedom, though of a different kind, at the midnight hour on July 1, 2017. Freedom from multiplicity of taxes, as Goods and Services Tax (GST) emerged, subsuming 17 different taxes on goods and/ or services. The one nation one tax dream became a reality.
Currently, accounting treatment of various indirect taxes varies based on their nature and point of levy. Under IND AS, excise duty is included in revenue, since it is a production-based tax. Sales tax and VAT is not included in revenue, since it is levied at the time of sales.
It was found that Indians work for 8.1 hours every day, more than the average figure for the entire developed world and individual countries like the UK, Australia, France, Italy and Germany.
An audit provides the highest level of assurance. An audit is a methodical review and objective examination of the financial statements, including the verification of specific information as determined by the auditor or as established by general practice. Our work includes a review of internal controls, testing of selected transactions, and communication with third parties. Based on our findings, we issue a report on whether the financial statements are fairly stated and free of material misstatements.
