Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 Unlock Exclusive Savings with Tally Renewal Discounts: All You Need to Know
 MEF 2024-25 Now Open: Submit Your Multipurpose Empanelment Form at MEFICAI.org Before October 7
 Best Tax Saving Investments for Senior Citizens in 2024

Key findings of tax risk survey 2007
December, 15th 2007

Three of the five organisations felt that unpredictable ruling by tax administrator is the most important factor contributing to tax risk challenges in the present scenario.

Nearly three-fourths of the surveyed companies are conservative in their approach and do not want to litigate for settling tax-related issues.

More than half the respondents see image damage as the top concern due to tax risks, surpassing opportunity to save cost and potential levies.

One in two respondents believes that functional departments are primarily managing risk issues across industry sectors.

Effective contingency planning is in place for 87 per cent of multinational organisations, as compared to 69 per cent in Indian companies.

IT/ITeS firms perceive higher risk on account of compliance to tax regulations, accounting procedures and failure in these and transactional aspects.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2024 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting