Tag Archives: Audit

Audit: Nevada education reforms promising, need more data

February 16, 2017 Comments Off on Audit: Nevada education reforms promising, need more data

Copyright 2015 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP IMAGES SHOW CAPTION CARSON CITY (AP) – Independent auditors say Nevada’s 2015 education reforms seem to be on a successful trajectory, though it’s too soon to determine whether they will significantly affect the state’s bleak scores. Analysts Chad Buckendahl and Gwen ... Read More »

Presumptive Taxation: No Audit For Turnover Of Up To Rs 2 Crore

July 21, 2016 Comments Off on Presumptive Taxation: No Audit For Turnover Of Up To Rs 2 Crore

New Delhi: The Finance Ministry on Monday said small businesses with a total turnover of up to Rs 2 crore will not be required to get their accounts audited if they opt for the presumptive taxation scheme. “The higher threshold (up to Rs 2 crore) for non-audit of accounts has been given only to assessees opting for presumptive taxation scheme ... Read More »