Banking & Finance

How and when to file VAT

VAT Filing

The registered taxpayer shall provide the details of the purchase and sales of the business in the Inland Revenue Department as per schedule 10 of the Act. Details should be submitted monthly or quarterly according to the registration type (compulsory…

Process of ETDS Filling

Process of ETDS Filling

Introduction of TDS & ETDS Tax deducted at source (TDS) means the process of collecting tax from the source of income. TDS is not a separate or new form of tax, but a mode of collection on a current income…

Good Financial Management Practices

Good Financial Management Practices

Introduction Financial management is a process of proper utilization of the funds invested in an organization by planning, organizing, controlling and directing financial activities of any organization, like budgeting, management of funds, determining the sources of funds, allocation of funds,…