Billing server solution for black money
The Government's approach to dealing with black money has traditionally revolved around Policing and Policying (formulation of policies). Business and financial transactions are subjected to various types of audits and subsequent assessment of tax liabilities by the revenue department. The current practice is of businesses maintaining their books of accounts in-house, after which an independent audit is carried out. Thereafter, these audited accounts become the investigation subject material for the assessment authorities.
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