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Record-Breaking Tax Audit Reports: Over 30.75 Lakh Filed for AY 2023-24

4Oct

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New Release

Record-Breaking Tax Audit Reports: Over 30.75 Lakh Filed for AY 2023-24

The year 2023-24 marked a significant milestone for taxpayers and tax professionals in India. More than 30.75 lakh audit reports, including approximately 29.5 lakh Tax Audit Reports (TARs), were successfully filed on the e-filing portal by the deadline of September 30, 2023. This impressive accomplishment not only demonstrates the commitment to compliance but also reflects the efficiency and dedication of both taxpayers and the tax administration. Extensive Outreach Initiatives To ensure the seamless submission of Tax Audit Reports (TARs) and other audit reports in Form No. 29B, 29C, 10CCB, and more, extensive outreach programs were executed. Over 55.4 lakh outreach efforts were made through various channels such as e-mails, SMSs, and social media. Information messages on the Income...

UIDAI Showcases Enhanced Face Authentication at Global Fintech Festival 2023

In its relentless pursuit of providing seamless services and leveraging the Aadhaar identity platform, the Unique Identity Authority of India (UIDAI) has made significant strides. At this year's Global Fintech Festival in Mumbai, UIDAI unveiled its improved Face Authentication facility, powered by cutting-edge AI and ML engines, developed entirely in-house. This development aligns with their mission to "reimagine Aadhaar #authentication" and make services readily accessible to residents. Under the Volunteer Guideline 2022 initiative, UIDAI has actively encouraged collaboration with industry and fintech partners. Their broader objective is to expedite the adoption of technology and discover superior solutions and products to enhance resident services. One notable collaboration took p...

Apple’s Newest Acquisition Could Mean Changes for Apple Music

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