Which ITR Should You File?
The act of filing the income tax return is an official notification to the IT department of all of the sources of income and the tax that has been paid on that revenue.
How Technology is changing the role of the CFO?
In this day and age of Ever-Changing business models, products are giving way to services, customer outreach is becoming more direct, and customer expectations are rising. As a result, the entire enterprise is on an ever-changing transformation journey powered by data and digital experiences. The CFO has emerged as a key figure in this seismic …
What can an AKSSAI Chief Financial Officer (CFO) Do for You?
The CFO role may have been defined by large public companies, but the position is becoming more common in midsize and even small businesses. Recent job postings for full-time CFOs on job-search websites include a 94-bed community hospital in Hawaii and an emerging air mobility design and manufacturing company in Massachusetts with fewer than 20 …
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11 Benefits of Estate Planning & Important Details About Them
Time is an important thing when it comes to estate planning. Even if you’re a natural procrastinator, put your dithering aside and get to work. You can live freely knowing your loved ones will be safe and comfortable if the unexpected happens if you have a solid estate plan in place. In this article, we’ll …
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What exactly is mortgage refinancing and how does it operate?
While rising interest rates make refinancing less appealing, you should consider it if you want to access the equity in your home. If you’re thinking about refinancing, here’s how it works and what are options you will have. What exactly is refinancing? When you refinance your mortgage, you are replacing your existing loan with a …
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Your Complete Guide to Automated Invoice Processing
An automated invoice processing solution streamlines businesses’ accounts payable operations by automating tasks such as data extraction from invoices, data validation, and data entry into a database for further analysis and processing. Processing invoices is one of the most time-consuming tasks, but it cannot be overlooked because it is directly related to the business’s finances. …
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CFO’s role in advancing Digital Transformation
CFOs are in a good position to play a key role in driving digital transformation because of their position at the center of the process of strategic planning and financial disciplines. Over the past ten years, Chief Financial Officers’ (CFOs’) duties and responsibilities have changed dramatically. While the CFO’s primary responsibility in the past frequently …
How a CFO can help you improve your financial position?
A chief financial officer (CFO) is in charge of carrying out several responsibilities at work. In addition to producing regular financial reports, they are also responsible for budgeting, public disclosure, managing the organization’s workforce, and keeping an eye on its financial objectives. Duties of the controller Analyzing, presenting, and reporting timely financial information about the …
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8 Financial Accounting Skills For Success In Business
Finance and accounting will undoubtedly impact your career, regardless of your industry or role. If you’re a business professional, your performance is most likely measured by the value you bring to your company. If you work for a non-profit, your salary is determined by the organization’s budget. Financial accounting is how investors gain insight into …
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How can a business get credit in the easiest manner?
To determine a company’s capacity to pay back its debts and other financial commitments, its financial history is summarized under the term “business credit.” Lenders can use it to assess a company’s eligibility for a particular loan product. Credit is how businesses manage their cash flow. To purchase raw materials, manufacturers take out loans. There …
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Central Board of Direct Taxes (CBDT) notifies Form 29D to get refund of tax deducted under section 195
The Finance Act 2022 inserted a new Section 239A providing that a taxpayer may file an application before the AO to get the refund of tax deducted under section 195 on any income (other than interest) if no tax deduction was required. Now, the Central Board of Direct Taxes (CBDT) has notified that such application …