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Artificial Intelligence In Accounting- How AI is Transforming the Profession

Artificial Intelligence has profoundly developed, impacting multiple fields such as accounting, healthcare, learning design, technology, manufacturing, and education. One area that AI has significantly impacted is accounting, auditing, and financial reporting The world of accounting has undergone significant transformations over the years, from manual bookkeeping to the adoption of computer-based accounting systems. However, in recent […]
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Key Features of Budget 2023

DISCLAIMER: This document can be treated as reference for brief highlights of the Union Budget 2023 as presented by our understanding from excerpts and details available in public platform. There may be further details in the fine print of the Finance Bill and therefore we would request a perusal of the same before forming an […]
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UAE corporate tax

UAE Corporate Tax – An Introduction

The Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (hereinafter referred to as the “Corporate Tax Law”) was issued by the United Arab Emirates (“UAE”), on 09 December 2022. The Corporate Tax Law provides the legislative basis for the introduction and implementation of a Federal Corporate Tax (“Corporate Tax”) in the […]
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Friends! Don’t you get carried away by the big terms “Mergers” & “Acquisitions”! Well, let us understand in a comfortable way with the easiest of examples such as: When a woman marries a man and they have a baby and become a big happy family, it’s nothing but a merger in corporate terms. Also, therefore, […]
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