Tag: financial reporting
Posted in Economy
Ind AS 118: India Inc gears up for big changes to financial reporting
Mumbai: Audit committees and management teams at India’s largest companies have started preparing for a major change in financial reporting under Ind AS 118, a…
Posted in Economy
Global shocks may hit quarterly growth, but India’s long-term outlook remains strong: PwC’s Rara
New Delhi: Temporary global shocks may affect India’s first quarterly economic performance during financial year 2026-27 (Apr-Mar), but the country’s long-term growth trajectory remains strong…
Posted in Economy
Govt to form panel to align tax, accounting rules and cut India Inc compliance burden
New Delhi: The corporate affairs ministry and Central Board of Direct Taxes (CBDT) will jointly set up a panel by March-end to pursue aligning tax…