income tax

Income tax alert: Hurry up! Advance tax last instalment deadline ends today, March 15

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Income tax alert: Hurry up! Advance tax last instalment deadline ends today, March 15

Income tax alert: March 15 is the due date to pay advance tax. Taxpayers should carefully calculate the advance tax liability. What is advance tax? Advance tax refers to the income tax amount that is required to be paid in installments according to specified due dates, rather than in a single lump sum. Both individuals … Read more

AI-led regulatory action to have human decision-making at core

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AI-led regulatory action to have human decision-making at core

The tech-driven compliance system being put in place by the ministry of corporate affairs with artificial intelligence and machine learning (AI/ML) capabilities will still have designated officials at its core, who will issue notices to errant companies rather than the system sending mass emails on its own. The new compliance module armed with AI/ML will … Read more