Major GST Update: GSTR-3B to Become Non-Editable from July 2025
Major GST Update: GSTR-3B to Become Non-Editable from July 2025 06/25/2025 The Goods and Services Tax Network has issued a very important update that will significantly alter the GST compliance starting July 2025. Businesses filing GSTR-3B from the month of July, the monthly return summarizing outward supplies, input tax credits (ITC), and tax payable i.e […]
What Is the Difference Between Audit and Assurance?
What Is the Difference Between Audit and Assurance? 10/26/2024 In this complex world of finance and compliance, understanding the nuances between the terms “audit” and “assurance” is essential for every business. These Terms are often used interchangeably by every non finance guy, these terms represent distinct concepts that serve unique purposes in financial reporting to […]
All About Mandatory Audit Trail in Accounting Software’s for The Companies with Effect From 1st April, 2023
Mandatory Audit Trail in Accounting Software from April 2023 The Ministry of Corporate Affairs i.e. MCA has made it mandatory to maintain audit trials of all their transactions in their accounting softwares. The main reason for introduction of maintenance of Audit Trail in Accounting Software’s in to increase more transparency and accountability into the business […]