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Revisions to the Personal Data Protection Act (PDPA) in Singapore are expected in 2025, including stricter guidelines on the collection, storage, and use of customer data. Increased transparency requirements for data collection and processing. Higher accountability for financial reporting. Potential penalties for non-compliance.
Sales Tax Sales tax is collected on goods and services at the point of sale. Impact on Business: Businesses are responsible for collecting and remitting sales tax to the government. Record Keeping Accurate record-keeping is the foundation of successful tax filing. The rate varies by jurisdiction.
Sales Tax Sales tax is collected on goods and services at the point of sale. Impact on Business: Businesses are responsible for collecting and remitting sales tax to the government. Record Keeping Accurate record-keeping is the foundation of successful tax filing. The rate varies by jurisdiction.
Sales Tax Sales tax is collected on goods and services at the point of sale. Impact on Business: Businesses are responsible for collecting and remitting sales tax to the government. Record Keeping Accurate record-keeping is the foundation of successful tax filing. The rate varies by jurisdiction.
Sales Tax Sales tax is collected on goods and services at the point of sale. Impact on Business: Businesses are responsible for collecting and remitting sales tax to the government. Record Keeping Accurate record-keeping is the foundation of successful tax filing. The rate varies by jurisdiction.
Organizations collect data from various sources to store and gather insights about the market, customers, and competitors. A general accounting ledger includes all the assets, liabilities, expenses, and income to maintain all the financialrecords in one place.
Compliance with these regulations is not only a legal requirement but also essential for maintaining the trust and integrity of financialrecords. Sarbanes-Oxley Act (SOX) Legislation aimed at improving corporate governance, financial reporting, and transparency.
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