NFRA SUMS UP MANDATORY AUDIT PROCEDURES FOR VERIFICATION OF REVENUE,WHILE PENALIZING & DEBARRING AUDITORS FOR LAPSES

The National Financial Reporting Authority (NFRA), an independent regulatory body in India, plays a significant role in overseeing the quality of financial reporting and auditing practices. It is tasked with ensuring compliance with accounting and auditing standards in India, including the Standards on Auditing (SAs). One of NFRA’s key responsibilities is to ensure that...

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House Rent Allowance

House Rent allowance also provides for tax exemptions. The sections help the salaried person/individuals, and the self-employed people and also professionals, to make their rent expenditures cheaper, and more pleasing. Salaries of the employees of both private and public sector companies are composed of some minor components as well. HRA or the House Rent...

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Online Payment of Taxes

E-Tax Payment facilitates the payment of direct taxes online. If TAN/ PAN is valid, you will be allowed to fill other details of challan like accounting head under which payment is made, name and address of TAN, and also select the bank through which payment is to be made, etc. To pay your Income Tax dues online, first, you have to log...

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