Skip to main content

Posts

Showing posts with the label business advisory firm

GST Audit Company in Delhi NCR

  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...

INTERNAL AUDIT

  WHAT IS INTERNAL AUDIT? Internal audit is an independent, objective assurance and consulting activity designed to add value to and improve an organization’s operations. The role of this audit is to provide independent assurance that an organisation’s risk management, governance and internal control processes are operating effectively. An internal audit may be used to assess an organization’s performance or the execution of a process against a number of standards, policies, metrics, or regulations. Internal audits  may include examining a business’s internal controls around corporate governance, accounting, financial reporting, and IT general controls. Auditors may cover all areas of an organization or specialize based on their skill-sets. In simple words we can say Internal audits evaluate a company’s internal controls. WHAT ARE THE TYPES OF INTERNAL AUDITS? Some types are: Compliance Audit IT Audit Operation Audit Performance Audit This allows the company’s Board and manage...

INTERNAL AUDIT

  WHAT IS INTERNAL AUDIT? Internal audit is an independent, objective assurance and consulting activity designed to add value to and improve an organization’s operations. The role of this audit is to provide independent assurance that an organisation’s risk management, governance and internal control processes are operating effectively. An internal audit may be used to assess an organization’s performance or the execution of a process against a number of standards, policies, metrics, or regulations. Internal audits  may include examining a business’s internal controls around corporate governance, accounting, financial reporting, and IT general controls. Auditors may cover all areas of an organization or specialize based on their skill-sets. In simple words we can say Internal audits evaluate a company’s internal controls. WHAT ARE THE TYPES OF INTERNAL AUDITS? Some types are: Compliance Audit IT Audit Operation Audit Performance Audit This allows the company’s Board and manage...

RBI HOLDING TAX RATES; NATIONAL FLAG EXEMPT FROM GST

On June 7, RBI is going to keep policy rate unchanged when the 6 member MPC headed by RBI Governor Urjit Patel will meet for the second bi-monthly monetary policy statement for 2017-18.  Interestingly, the inflation trajectory, foreign reserve and liquidity aspect is rather stable. From industry quarters there has been a call for rate cut especially after 7.1 % GDP in 2016-17, bit lower from 8% in the previous fiscal. No doubt, lower GDP in the last economic year has been mostly due to the demonetization move in last November. Very recently the World Bank has mentioned that successful demonetization will help India to multiple its revenues in the long run.  As far as the weather forecast is concerned, India is expected to have normal monsoon this year. This will definitely help in achieving the stipulated target in food grains and crops estimation. As far as the statistical details obtained, inflation in the country decelerated to 2.99% from 3.89% in March. As far as retail in...