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NEW OPPERTUNITIES FOR CHARTERED ACCOUNTANTS. FOLLOWING ARE THE NEW OPPERTUNITIES . DIRECT TAX CODE COMPANY LAW BILL GOODS AND SERVICE TAX ERP XBRL. DIRECT TAX CODE. GOVT OF INDIA GOING TO INTRODUCE NEW DIRECT TAX LAW & NEW COMPANY LAW
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FOLLOWING ARE THE NEW OPPERTUNITIES • DIRECT TAX CODE • COMPANY LAW BILL • GOODS AND SERVICE TAX • ERP • XBRL
DIRECT TAX CODE • GOVT OF INDIA GOING TO INTRODUCE NEW DIRECT TAX LAW & NEW COMPANY LAW • THESE RECQUIRE HUGE AMOUNT OF INTERPRETATION AND CHARTERED ACCOUNTANT IS THE BEST PERSON TO INTERPREAT THE SAME
GOODS AND SERVICES TAX GOVT OF INDIA ALSO GOING TO INTRODUCE ALL GOODS AND SERVICE TAX LAW IN PLACE OF ALL INDIRECT TAXES OPPERTUNITIES • COMPULSION OF SERVICE TAX AND VAT AUDIT • SHIFTING FROM EXISTING SYSTEM TO NEW SYSTEM • GST REQUIRE MORE TRANSPERANCY THAN EXISTING INDIRECT TAX SYSTEM SO INCREASED PROCEDURAL ASPECT
EXTENDED BUSINESS REPORTING LANGUAGE • AS PER MCA NOTIFICATION SPECIFIED COMPANIES HAS TO MAINTAINED AND SUBMIT FINANCIAL DATA IN XBRL FORMAT ONLY • IN FUTURE IT IS EXPECTED THAT ITS MAKE COMPULSORY FOR ALL TYPE COMPANIES
ENTERPRISES RESOURCES PLANNING • THANKS TO SYLLABUS OF CA WE ARE FROM THE FEW PEOPLE WHO HAVE EXPERTISE IN • INTERNAL CONTROL • AND • INFORMATION TECHNOLOGY