Statutory Audit for Companies in India: Frequently Asked Questions
All public and private companies and certain LLPs are required to undergo a statutory audit. In this article we answer some frequently asked questions.
Tax Audit for Companies in India: Frequently Asked Questions
A tax audit is mandatory in India for individuals and companies – if their turnover or gross receipts exceeds a specified threshold.
India’s Tax Authorities Demand GST on Non-Compete Fee, Issue Notices to Firms
Firms in India that have entered into non-complete agreements have to pay 18 percent GST on the non-compete fee.
Internal Audit for Foreign Companies in India: Frequently Asked Questions
Listed companies and certain unlisted public companies in India are mandated to conduct an internal audit. In this article we answer some frequently asked questions.
Cost Audit for Companies in India: Frequently Asked Questions
Companies in the manufacturing, mining, and service sectors in India are mandated to conduct a cost audit. India Briefing answers some FAQs.
Annual Secretarial Audit and Compliance Report for Companies in India
Certain types of business entities in India are required to conduct a secretarial audit and prepare their secretarial compliance report as part of the annual audit process.
GST Audit in India Begins for FY2018: What Should Businesses Know
We write about key documents and compliance requirements that businesses should prepare as the first GST audit in India gets underway.
India Mandates Financial, Secretarial Audit for Private Firms with Outstanding Debt
From FY 2020-21, private firms with outstanding debt of INR 1 billion or more are mandated to conduct secretarial and financial audits.