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Bengaluru IT Giants Implement Drastic Measures Amid Global Recession Fears

In the midst of apprehension fueled by global recession concerns, leading IT players in Bengaluru are implementing substantial cuts in annual salary hikes and promotions for their employees. Infosys,...

Bengaluru - IT Giants - IT Giants Implement Drastic Measures - Global Recession Fears - Infosys - bangaluru it firms - taxscan
Manu Sharma

Real Threat of AI and Technological Advancement in Economic Offences

In today’s digital era, the rise of artificial intelligence (AI) has brought wide scope and possibilities along with unprecedented threats to economic crime. AI can be a powerful tool in combating...

Economic Offences - Technological Advancement - AI - taxscan
Yogitha S. Yogesh

More Time Needed to Investigate Economic Offence under Corruption Act and PMLA Act in Era of AI Technology: Supreme Court Directs to Conclude Trial in Reasonable Time [Read Judgement]

The Supreme Court of India directed to conclude the trial in a reasonable time even though more time was needed to investigate economic offences under the Prevention of Corruption Act, 1988 and the...

PMLA Act in Era of AI Technology - Era of AI Technology - PMLA Act - AI Technology - Artificial Intelligence - Supreme Court Directs to Conclude Trial in Reasonable Time - Supreme Court Directs - TAXSCAN
Yogitha S. Yogesh

AI in Tax Deviation: Opening New Horizons

As we all know, Artificial intelligence(AI) plays a vital role in the existence of the Modern World. The simulation of human intelligence processes by machines, especially computer systems(AI),...

AI in Tax -Deviation-Opening -Horizons-TAXSCAN
Yogitha S. Yogesh

AI can replace quite a bit of work done by Accountants and Auditors, says Union Finance Secretary

The Union Finance Secretary has recently remarked that, Artificial Intelligence can replace quite a bit of work done by accountants and auditors while giving CA S Hariharan memorial lecture organised...

AI - quite - bit - work - Accountants - Auditors-says Union- Finance -Secretary-TAXSCAN
Manu Sharma

Automated GST Return Scrutiny to be Implemented by Next Week, FM issues Directions to CBIC

To improve taxpayer services in India, Finance Minister Nirmala Sitharaman has directed the Central Board of Indirect Taxes & Customs (CBIC) to introduce automated Goods and Services Tax return...

Automated GST Return Scrutiny to be Implemented by Next Week, FM issues Directions to CBIC
Manu Sharma

'Make AI in India': Budget 2023 proposes 3 Centres of Excellence [Read Finance Bill]

Indian government in the Union Budget 2023 proposed three centres of excellence for Artificial Intelligence (AI) to be set-up in top educational institutions for the vision of “Make AI in India...

budget 2023 - Make AI in India - Centres of Excellence - budget 2023 live - union budget 2023 - nirmala sitharaman budget - nirmala sitharaman union budget - nirmala sitharaman - budget 2023 india - Taxscan
Kalyani B. Nair

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