Indirect taxes are booming. As they work to bring public finances under control, governments around the world are increasing VAT, excises and other indirect taxes. In the past, companies could afford to see indirect tax as an administrative issue. But the scale of the challenge has now become so great that many are rethinking this approach. A critical element of this change is ensuring that there is much closer coordination between the tax function and the business.
All Direct and Indirect taxes accompanied by tax laws, accounting, auditing and tax returns, can be abolished if a new tax system called “TOP Tax system” is adopted and implemented by all nations. Ultimate economic reforms will relieve 7 billion people of the world from the cobweb of ambiguous and complex tax structures, plethora of tax laws, mandatory and cumbersome accounting, auditing, tax returns and consequent quagmire of all tax related cases. http://taxationreforms.com
we can handle our customers’ complete requirements related to central and state indirect taxes including central excise, customs, service tax, VAT, luxury tax, entertainment tax, DGFT, indirect tax compliance audit, etc. http://www.s3solutions.in/indirect-taxation-services/
#RealtyFacts The main expectation GST is to abolish all indirect taxes & only GST would be levied. It will implement a “single taxation” system for the nation. www.metrogroupindia.com #realtyfacts #GST #realty #estate #news #regulations #rightmove #builders #property #homes #BHK #betterliving #afforablehomes #mumbai #betterIndia
Spending on outsourcing of accounting and finance functions is expected to reach over 25 billion around the world this year, according to a new report. The report by KPMG and HfS Research found that 90% of finance and accounting business process outsourcing engagements have been consistently meeting their cost-reduction targets and initial delivery performance.
We offer our services in respect of handling litigation related matters, in respect of central indirect taxes such as service tax, central excise duty and customs, State indirect taxes such as VAT, entry tax, luxury tax, etc., and the direct taxes such as income tax.
As part of our services, we can handle our customers’ complete requirements related to central and state indirect taxes including central excise, customs, service tax, VAT, luxury tax, entertainment tax, DGFT, indirect tax compliance audit, etc. http://www.s3solutions.in/indirect-taxation-services/