XBRL is a modern tool for the digitalized disclosure of business and financial information of the business houses. And it is the reporting trend emerging around the world. This new tool removes almost all pitfalls of traditional format of financial reports such as paper-based, pdf, HTML, word...

Indirect tax is the economic backbone of the central government since from independence there are several developments have been taken place among that introduction of GST is served as historical unimaginable reform in indirect tax arena of India. Goods and services tax now serving as a greater...

Business is one of the members of the society because it starts and ends its operation within the society so it has to consider its obligations and responsibility towards the society in which it is established. Business organisations having a special interest in the society along with its...

The whole world is experiencing a digital revolution. Everything is becoming digital. We read the newspaper digitally and we do not use cash because we all have debit or credit cards. Likewise, every aspect of life day by day is becoming simpler with the help of digital revolution. But still,...

Income computation and disclosure standard is one of the competent standards which minimizes the divergence between accounting income and tax income. This standard does not require any additional books of accounts to be maintained by the business organizations but only the thing is the manner of...

XBRL is a very dynamic and modern financial reporting language which is being used around the world to communicate the results of operational and financial performance of the business organizations. It ensures accuracy, reliability, timeliness and decision usefulness to various stakeholders. The...

Ease of doing business rank indicates the way in which the government of a particular economy managing business-friendly environment by creating the policies and rules which support productive activities and generates more revenue. Further, it provides feedback to improve the business...

Today all the business organizations working in the dynamic environment in which the stakeholders are having a dynamic information need. So the information so communicated to stakeholders is not only related to the present scenario but it also related to past and future prospect of the business...

Traditional reporting pattern was only relying upon financial information but due to the dynamic changes in the environment, the information needs of the stakeholders are also shifted from static financial information need with dynamic integrated reported information which means they need both...

Digital economy is the new platform to transform India into a digitally empowered society and knowledge economy by using the power of digital technologies. Now a day's digital technologies are being increasingly used in our day to day lives. The concept of Digital Economy is most favourable in...