Navigating Government Scrutiny
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Biz Millennium invites you to a must-attend virtual event on “Navigating Government Scrutiny: A 2025 Blueprint for AP Risk Mitigation & Notice Prevention.” This session is specifically designed for Indian businesses to provide actionable strategies for managing risks, preventing government notices, and ensuring compliance with the latest regulations in Accounts Payable (AP).
Agenda:
⇾ Understanding the Indian Regulatory Landscape:
• Key regulations impacting AP in India, including GST, Income Tax, and MSME-related rules.
• Insights into potential areas of government scrutiny and associated penalties.
⇾ Building a Robust Compliance Framework:
• Strategies to implement strong internal controls to prevent fraud and errors.
• Ensuring accurate and timely GST filings, tax deductions, and adherence to MSME payment regulations.
⇾ Leveraging Technology for Compliance:
• Using AI/ML for real-time risk assessment and fraud detection.
• Automating invoice processing and payments to reduce errors.
• Implementing e-invoicing and e-way bill solutions for improved compliance.
⇾ Best Practices for Risk Mitigation:
• Conducting thorough vendor due diligence and background checks.
• Maintaining accurate, auditable records of all AP transactions.
Key Takeaways:
• Gain a deep understanding of the evolving regulatory landscape for AP in India.
• Develop a practical, step-by-step roadmap for mitigating risks and ensuring compliance.
• Discover how technology can streamline AP processes and enhance efficiency.
• Acquire actionable insights to prevent government notices and minimise penalties.
We look forward to helping you navigate the challenges of government scrutiny with confidence and ease.