Whether serving public sector organisations, owner managed businesses, private individuals or listed companies with overseas operations, our goal is to help our clients achieve their ambitions.
Whether serving public sector organisations, owner managed businesses, private individuals or listed companies with overseas operations, our goal is to help our clients achieve their ambitions.
India Budget 2023 - Publication
We are pleased to enclose herewith our publication viz. 'India Budget 2023 – Highlights' wherein we have analysed the Union budget tax and other Regulatory Proposals announced on 1st February 2023.
The union finance minister has presented the budget proposals on 1st February 2023 which would provide for the fiscal and tax roadmap for the year ahead.
India is the second most populated country in the world after China with an approximate population of 1.39 billion. Out of this, approximately 10.36% are aged 60 years or above i.e. ~ 144 million constituting a substantial part of the Indian demography and thus significantly driving the growth of the country.
There are more than 80 million taxpayers in India and of which besides corporates, salaried class taxpayers form a significant chunk. The annual budget exercise is one of the keenly awaited regulatory announcements by the salaried class as any reliefs / deductions or changes in tax rates directly impacts their finances and budget.
RSM India: Giving back to the local community
Goal 3 – Good health and well-being
To give back to local communities, RSM India has engaged in a number of fundraising activities such as donating to worthwhile causes or volunteering to help the underprivileged and society at large.
Encouraging well-being and sustainable practices at RSM India
Goal 12 – Responsible consumption and production
RSM India has committed to a number of initiatives in order to reduce the Firm’s carbon footprint and wastage, as well as to promote well-being.
SA 701 Communicating Key Audit Matters in the Independent Auditor’s Report has been applicable from audits for financial statements of listed companies since past 2-3 years. This auditing standard requires the statutory auditor to identify and report key audit matters (KAM) arising during the course of the audit.