Tax Compliance in India

Tax Compliance in India

March 11, 2023Posted inAdvance AccountingNo Comments
Tax compliance in India refers to the process of fulfilling one's legal obligations under Indian tax laws and regulations. It involves meeting the various tax-filing and reporting requirements set out by the Indian government, such as filing tax returns, paying taxes, and keeping accurate records.
5. What is Tax Planning and Its Compliance

What is Tax Planning and Its Compliance?

March 10, 2023Posted inAdvance AccountingNo Comments
Tax planning and compliance refers to the process of minimizing tax liability by taking advantage of all available tax laws and regulations. Tax planning is the process of organizing and arranging financial affairs in a way that minimizes tax liability. Tax compliance, on the other hand, is the process of ensuring that all tax laws and regulations are followed correctly and on time.