Audit vs Assurance: What’s the Difference and Why It Matters By KCJM, Chartered Accountants | Excellence in Everything We Do For most businesses, especially those growing in scale or seeking funding, financial accuracy and transparency are non-negotiable. But when it comes to engaging professional services, many business owners often confuse Audit with Assurance. While the...

How Digitalisation is Changing the Landscape of Audits and Tax Compliance in India By KCJM, Chartered Accountants | Excellence in Everything We Do India’s financial and regulatory landscape is undergoing a digital revolution. From e-filing of returns to AI-driven scrutiny, digitalisation is transforming the way audits and tax compliance are conducted. For businesses, staying ahead...

Decoding the Latest GST Amendments: What Businesses Need to Know in 2025 By KCJM, Chartered Accountants | Excellence in Everything We Do In 2025, the Goods and Services Tax (GST) regime in India has seen several significant changes aimed at increasing compliance, simplifying processes, and plugging revenue leakages. These amendments are crucial for businesses to...

GST vs Income Tax: Key Differences Every Business Owner Should Understand By KCJM, Chartered Accountants | Excellence in Everything We Do Every Indian business—whether a startup, SME, or corporation—must comply with a range of tax laws, most notably Goods and Services Tax (GST) and Income Tax. While both are essential, they are fundamentally different in...

Income Tax Notices: Types, Reasons, and How to Respond By KCJM, Chartered Accountants | Excellence in Everything We Do Receiving a notice from the Income Tax Department can be stressful for individuals and business owners alike. However, not all notices mean trouble—some are simply for verification or clarification purposes. As your trusted tax advisors, KCJM...

Understanding the Role of Internal Audits in Strengthening Financial Compliance By KCJM, Chartered Accountants | Excellence in Everything We Do In an evolving regulatory landscape, Indian businesses are under increasing pressure to demonstrate transparency, accountability, and compliance. Internal audits are a powerful tool to achieve these goals, offering more than just compliance checks—they drive efficiency,...