ICAI notifies norms for 60 tax audits in a year for chartered accountants

– Advertisement – The Institute of Chartered Accountants of India (ICAI), which has over 4 lakh members, has notified norms limiting the number of individual tax audits and these will come into effect from April 1 next year. This limit of sixty shall be the aggregate limit of all tax audits signed by a member […]

Infosys will hire 20,000 freshers this year, the company said this about layoffs

– Advertisement – On the other hand, the country’s leading IT company Infosys is planning to hire around 20,000 graduates this year. Infosys CEO Salil Parekh has confirmed the company’s plan to hire around 20,000 graduates this year. While on one hand Tata Consultancy Services (TCS) has announced to lay off more than 12,000 employees […]

Income Tax Return Assessment year 2022-23: Do not file ITR without seeing TIS-AIS, Income Tax Department will send notice

Income Tax Refund Latest Update: The Income Tax Department has recently introduced TIS (Taxpayer Information Summary) and AIS (Annual Information Statement) which aims to bring transparency and simplify things in ITR filing. You can download both of these very easily from the Income Tax Department website www.incometax.gov.in. The season for filing income tax returns has […]