India’s lower house of parliament passed the direct tax bill, which aims to reduce tax litigation and settle ongoing tax disputes.
All public and private companies and certain LLPs are required to undergo a statutory audit. In this article we answer some frequently asked questions.
A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.
Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.
Listed companies and certain unlisted public companies in India are mandated to conduct an internal audit. In this article we answer some frequently asked questions.
Companies in the manufacturing, mining, and service sectors in India are mandated to conduct a cost audit. India Briefing answers some FAQs.
Certain types of business entities in India are required to conduct a secretarial audit and prepare their secretarial compliance report as part of the annual audit process.
We write about key documents and compliance requirements that businesses should prepare as the first GST audit in India gets underway.