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FY2021-22 was an uneventful year for the New Tax Regime as no new changes were announced except the relaxation of Income Tax filing for senior citizens over 75 years. [ 26 ] The government's tax policy for the near future was clearly outlined which indicated that all tax breaks will be gradually eliminated while maintaining a low tax rate.
For audit evidence, it is reliable if the auditor has no other means of obtaining evidence. Examples may include situations involving contingent liabilities or off-balance-sheet liabilities . The person issuing the letter should have the appropriate authority or seniority in the organization to vouch on the issue.
The company grows as insurtech technology innovations in insurance company with 200+ global customers, according to its annual report in 2020. [7] In March 2021, property developers Aurum Platz IT acquired the promoter's stake of 14.78 percent in Majesco. It extended an open offer to shareholders to acquire 26 percent more stake in the company. [8]
The PDs, DsG, AsG and PAsG report to Additional Deputy CAG or Deputy CAG. Deputy CAGs are the highest-ranked officers in the service. After training, the Officer Trainees are posted as Assistant Accountant Generals and Assistant Directors at Junior Grade Group A and later promoted to Deputy Accountants General (DAsG) or Deputy Directors (DDs ...
In 2023, Mazars signed an agreement with Forvis to create a new global audit and advisory network under the brand Forvis Mazars, effective June 2024. Through this strategic partnership, US-focused Forvis will have the opportunity to expand into global markets, while Mazars will be able to strengthen its US presence - a market where it has faced ...
SAF-T (Standard Audit File for Tax) is an international standard for electronic exchange of reliable accounting data from organizations to a national tax authority or external auditors. The standard is defined by the Organisation for Economic Co-operation and Development (OECD).
In 2023, he announced that he would replant the living tree following the holiday season. The tree was decorated with “natural and sustainable decorations” such as pinecones, oranges and paper ...
An auditor's report is a formal opinion, or disclaimer thereof, issued by either an internal auditor or an independent external auditor as a result of an internal or external audit, as an assurance service in order for the user to make decisions based on the results of the audit.