Cos with net worth of Rs 500 cr to follow new norms
Companies with a net worth of Rs 500 crore or more will have to follow new Indian Accounting Standards (Ind AS) from April 1. The shift to the new standards will make Indian corporate accounts comparable internationally and transparent.
Other Policy Videos
GDP growth: Indian economy to grow at 7.3% in FY24, govt releases first advance estimate data
Q2 GDP growth data: Indian economy grows at 7.6% in Sept quarter, beats analysts' expectations
Jerome Powell at Jackson Hole symposium: US Fed ready to hike interest rates to bring down inflation
GDP data: Indian economy grows at 6.1% in Q4, FY23 growth better-than-expected at 7.2%
Shaktikanta Das on fate of Rs 2000 notes: Will continue to be legal tender, procedural elements post-September 30 will be decided accordingly
