For submitting vat returns please read instructions below to simplify your work flow: This user instructions guide will help you understand the key steps to file a VAT Return online through the eServices portal. For each Tax Period, a Taxable Person will be required to submit a VATReturn which contains details regarding the supplies made […]
Tax grouping for VAT purposes is an administrative easement available to businessesand a revenue protection measure for government: Creating a tax group has the effect of registering a single taxable person. A tax group is issued one VAT Tax Registration Number (TRN) for use by allgroup members, and only one tax return is required for […]
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Hey guys, here’s an amazing feature of Gmail. Tired of searching mails? Here’s a one stop solution for the same. Did you know in gmail you can organize your mails? Wow! Won’t that be fantastic. Guess what I am talking about? Yes! Correct its label. It’s too common. But the question is how to create […]
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Let’s say you’re an executive at a large corporation. Your particular responsibilities include making sure that all of your employees have the right hardware and software they need to do their jobs. Buying computers for everyone isn’t enough — you also have to purchase software or software licenses to give employees the tools they require. […]
Accounting is the systematic process of recording, summarizing, analyzing, and reporting financial transactions of a business or individual. It serves as the backbone of any financial system, providing a clear picture of an organization’s financial health and guiding decision-making. Through accounting, businesses can track income and expenses, ensure statutory compliance, and provide investors, management, and […]
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What is Transfer Pricing? Transfer pricing is the setting of the price for goods and services sold between controlled (or related) legal entities within an enterprise. For example, if a subsidiary company sells goods to a parent company, the cost of those goods paid by the parent to the subsidiary is the transfer price. How transfer pricing playing role […]
SUMMARY OF STATEMENT NO. 78CLASSIFICATION OF OBLIGATIONS THAT ARE CALLABLE BY THE CREDITOR—AN AMENDMENT OF ARB NO. 43, CHAPTER 3A (ISSUED 12/83)SummaryThis Statement amends ARB No. 43, Chapter 3A, “Current Assets and Current Liabilities,” to specify the balance sheet classification of obligations that, by their terms, are or will be due on demand within one […]