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CONVERGENCE INDIA 2015
'Salary growing, wealth shrinking': CA explains ‘India's silent middle-class crisis’, says Rs 1.5 lakh salary is same as 10-yr-old payUrban Indian households face a 'silent crisis' as rising incomes fail to keep pace with escalating costs of living, leading to stagnant rea...- Apple hasn't fallen far from iTreeCelebrating 50 years of trailblazing advancements, Apple has transformed the tech landscape and fueled artistic imagination. Its iconic mar...
- G4 nations call for reflecting convergences on UN reforms"The G-4 would like to reiterate its call for reflecting the convergences that have emerged so far and also to include divergent position,"...
- Mission for Green India, MGNREGA will converge to facilitate afforestation on 10 million hectares of landConvergence of the UPA scheme with Green Mission will provide livelihood to three million households through afforestation.
- Budget 2015: Convergence of indirect tax laws into GST important for Make in India successConvergence of the various indirect tax laws into GST would play an important role for the success of the Make in India plan.
- NOFN giving only half of promised 100 mbps broadband speedVillage panchayats connected with the National Optical Fibre Network are getting broadband speed of only 50 mbps.
- Will the New Year be as productive for markets as 2014?The hope-rally that began in early 2014 in anticipation of reforms and growth from the Modi government took the Nifty to all-time highs.
- 'Clean India, Green India' theme of new government calendarModi himself features on the first page of the calendar for the month of January wielding a broom to clean a roadside.
- Global demand for Indian Chartered Accountants: ICAI chief"We want more youngsters to choose global careers. There are lot of opportunities in countries like Singapore," K Raghu said.
- ICAI working on changes to Indian Accounting StandardsAmong the finalised Ind ASs include those related to consolidated financial statements, fair value measurement and employee benefits.
- NACAS to complete IFRS convergence report by November-endChopra said that the panel would complete its report by November-end and the first meeting of the re-constituted committee is expected to b...
- New accounting norms to help attract foreign capital: Ernst & YoungDolphy Dsouza said that to ensure smooth implementation of Ind AS, government should ensure that a tax neutral position is maintained.
- Ministry of Corporate Affairs to hold discussions with representatives of ICAI on new accounting standards tomorrowThe government has proposed implementing the Indian Accounting Standards (Ind AS) that is converged with international norms.
- Not all accounting firms can adopt IFRS from 2015-16 as Budget proposes: ExpertsExperts point out that intervening period may be insufficient for firms to converge with global norms.
- Budget 2014 proposes convergence of Indian accounting standards with IFRSIn his Budget speech FM said that the converged accounting standards will become mandatory from FY 2016-17.
- Set own house in order, implement UNSC reforms: India to UNIndia has said the UN should "set its house in order" and implement the much-delayed reform of the Security Council before it seeks to emba...
- High-level panel to decide on new accounting rules this weekA high-level government panel is likely this week to take a final call on the new accounting norms, that would converge with international ...
- India’s new e-economyGiven current downward trend in the costs of internet access and mobile devices, India is on the verge of an internet boom.
- On PMO advice, corporate ministry to consult companies again on IFRSThe ministry of corporate affairs has called for comments from the more than 300 companies that are required to prepare their accounts acco...
- House panel seeks to push date for IFRS switch by 2 yrsChairman of an influential parliamentary committee has urged the prime minister to delay the rollout of global accounting norms by at least...
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