About Us
The Central and the State government plays a significant role in determining the taxes in India. which is used to streamline the process of taxation and ensure transparency in the country, the state, and the central governments have undertaken numerous policy reforms in a previous couple of years. One such modification was the Goods and Services Tax (GST) which eased the tax regime on the sale and recovery of goods and services in the country. Accounting is one of the main key functions of almost any business around. It may be handled by an accountant at a small firm, or by sizable finance departments with dozens of staff at large departments. The reports generated by numerous streams of accounting, such as cost accounting and managerial accounting, are invaluable in helping management make informed business decisions.
Benefits Of Accounting Services
- Maintenance of business records
- Preparation of financial statements
- Comparison of results
- Decision making
- Evidence in legal matters
- Provides information to related parties
- Helps in taxation matters
- Valuation of business
Benefits of Taxation
- Money to fund public infrastructure projects
- Improvements in public transport
- Technological progress can be accelerated
- Income tax usually increases with the income of a person
- Mitigation of the wealth gap between the poor and the rich
- Instrument to ensure the financial stability of a country