Recent changes in Tax laws and IND As requirements.

Question

Accepted Answer

Recent changes in tax laws and IND As requirements have significant impact on indirect taxation.

Introduction of GST has brought significant changes in indirect taxation
IND AS requirements have led to changes in accounting practices and tax implications
Changes in tax laws have impacted compliance requirements and tax planning strategies
Recent changes in tax laws have also led to increased focus on anti-evasion measures
Examples include introduction of e-invoicing, e-way bill, and GST return filing requirements