The directorate has given 15 days to revenue officers to file their Statement of Financial Transaction (SFT) and correct their financial record, failing which penal action will be initiated against th ...

Between September 28 and October 23 of 2012, 11 EU member countries formally indicated to the European Commission that they wished to proceed with a Financial Transaction Tax using the Enhanced ...

Business decisions are often driven by data, so the accuracy and reliability of financial statements are paramount. One misstep in financial reporting can have far-reaching consequences, eroding ...

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Over the past few years, the tax ...

Do you know all your big financial transactions are tracked by the Income Tax Department? From large cash transactions in bank accounts to credit card expenses, property purchases and sales and ...