Back

Can anyone tell how AI can enhance the work of Chartered accountant, how can a group of tech enthusiasts help to build a tool that really be an useful tool for all Chartered accountants. required a detail about : what can be automated in this role a

See More
Anonymous

Anonymous 2

Hey I am on Medial • 6m

In the US, there is a real problem with filing and paying for taxes. You have to do your own calculation and check before you send and they will do their own due deligence and send you either a notice or a fine or both sometimes but will not tell you how much taxes you are supposed to pay. There are companies like Intuit there, trying to solve for this. Here in india, the CAs are stuck with doing their own math and filing and working on excel with folmulas and checking and rechecking. There are no systems in place. Every firm has their own and it is very disorganised so there is opportunity there for sure. Maybe it lies in checking and rechecking different fields of info where info is filled and they have to check if things are done correctly before submitting things forward to govt agencies or to their clients so there is no notices of bad filling or docs missing etc. Just a thought.

1 replies1 like
Replies (1)

More like this

Recommendations from Medial

Image Description
Image Description

Anu Sarveshu

Elemental like atom • 11m

There are so much legal processess in India for a buisness to grow and huge taxes

2 replies4 likes

Jack734 MAniac

Hey I am on Medial • 11m

Where are you from? Just checking if there is a bias here on Medical ?

0 replies1 like
Image Description
Image Description

Ronak Patel

Here you go! • 8m

"Perfectionists are their own devils" ~Jack Kirby

5 replies6 likes
Image Description
Image Description

Ayush Maurya

AI Pioneer • 2m

Why politicians are launching their own memecoins $TRUMP

6 replies9 likes

Aashish Gondhali

Founder/ CEO at bvis... • 6m

We are committed to supporting startups at every stage of their journey. From filing intellectual property (IP) to designing, developing, and marketing products both digitally and offline, we offer comprehensive assistance tailored to your needs.

0 replies8 likes
Image Description
Image Description

Havish Gupta

Figuring Out • 10m

Intresting Question! For eg, we are filing for taxes and our tax due is 50 Lakhs, so do you think there should be an option for us to select where that money will go? Like we can choose 10 Lakh for Space Mission, 5 Lakh for military, 10 lakh for hea

See More
12 replies11 likes

Suman Meghwal

Wealthseeker • 1m

(millionaire fastlane) Jobs constrain learning, offer modest income growth, and exchange time for money, all of which reduce wealth. Workers are subject to office politics, pay high taxes, and have no influence over their income. Since there are so f

See More
0 replies3 likes
Image Description
Image Description

MK

Hey I am on Medial • 2m

The founder and CEO of Bombay Shaving Company, Shantanu Deshpande, boldly stated that 2,000 Indian families own 18% of the nation’s wealth while paying only 1.8% of taxes.

3 replies1 like
Image Description
Image Description

Havish Gupta

Figuring Out • 1y

Many of you have know that only less than 5% population in india, pays taxes. But there is reason for it. According to this economic times report, only 1.8 crore people earn more than 5 lakhs annually (~2%). And if you earn less than 5 lakhs, you leg

See More
7 replies18 likes

Hemant Prajapati

 • 

Techsaga Corporations • 9m

Is there anyone who have their own serverless mongodb plan?? If yes, how's it?? What about the billing and how much users can it handle??

0 replies4 likes

Download the medial app to read full posts, comements and news.