VGNC

  Inventory audit also referred to as stock audit, refers to an accounting process that takes into account a company’s total stock of physical goods. This is especially needed in manufacturing companies where raw materials need to be converted to finished goods and is a quintessential process of maintaining a healthy business and for it to succeed. An  Inventory audit  is considered mandatory for keeping account of the quantity and quality of raw materials remaining in stock. This is because anything more than 70% of product cost involves material cost. Additionally, an inventory audit is absolutely necessary for organizations with multiple branches as they tend to have a massive stock of physical goods. Audit of essential physical inventories is generally conducted at or near the end of the year. IMPORTANCE OF INVENTORY/STOCK AUDIT AND  WHY BUSINESS NEED IT Inventory tends to be the easiest assets to manipulate and hence it’s essential to keep a constant vigil over ...

 For any Financial year, 31 st July is the due date for filing income tax for everyone, No doubt, filling an income tax return is not at all the easiest task in India as the whole system is undergoing changes in the digitized era. In this transitional stage where economic reforms are being carried on looking at the national and international scenario, every responsible citizen has to be aware of some necessary areas which are pivotal to filing an income tax return. Linking Aadhar number to Income Tax :  The finance Act 2017 makes it mandatory for every citizen to quote Addhar while filling incoming tax returns.  Thus it has become necessary to link Aadhar with your Permanent Account Number (PAN). Users simply need to visit www.incometaxindiafiling.gov.in and have to click on the link Aadhar tab.  The link will be verified after confirmation from UIDAI authorities.  Those who do not have Aadhar, have to apply for it immediately and quote the provisional number...

  Good and Services Tax or GST replaced most of the indirect taxes (such as VAT, Excise and Service tax) in 2017. Not only is it newly introduced, but also has been updated many times. It’s time to file GST returns. But filing return can be an uphill task due to confusion regarding rules. Do want hassle-free and easy GST compliance? It is time to reach out reliable  GST auditing services in Delhi NCR . VGNC  is a leading GST audit and account service in Delhi NCR offering GST solutions that meet the needs of your business. We have a skilled and experienced team of experts who pragmatically deliver our GST audit and annual returns solutions. Our experts keep pace with all the latest GST updates. Being renowned a  GST audit company in Delhi NCR , we incorporate proficiency in industry operation and tax filing to offer reliable  GST audit services.  We combine the latest resources to you meet your GST compliance on time by maintaining the mandatory standard of...