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ACCOUNTING NOMENCLATURES
When a small footnote is used as a tool to make a weak balance sheet look strongThis is the uncomfortable truth about company accounts. A number on a balance sheet is not always cash that will return, and a liability tu...- Agentic AI adoption drives stronger governance oversight, risk controlsIndian companies are prioritising local AI rules over international ones. They are focusing on ethics, identity, and privacy as AI adoption...
- Cockroach Janta Party has 80% Pak-Bangladesh followers, claim netizens; 94% are Indians, says Abhijeet DipkeCockroach Janta Party followers: A new Gen-Z group, Cockroach Janta Party (CJP), has rapidly gained millions of Instagram followers, surpas...
- India’s brandy boom still feels uncool. Liquor cos want to give it a makeoverBrandy, a spirit deeply entrenched in South India's culture and cinema, is now undergoing a national makeover. Despite being India's second...
- New labour code: Can higher gratuity and social security costs under Social Security Code, 2020 be offset by employers by salary restructuring ?The recent notification of the Social Security (Central) Rules, 2026 under the Code on Social Security, 2020 marks a significant shift in I...
- India's Apple component exports to China surge to record $2.5 billion under ECMS schemeIndia's electronics exports to China are experiencing a significant surge. Apple's component manufacturing scheme is driving this growth. I...
- 7 rules for child education allowance eligibility: Ministry clarifies criteria for central government employees to get CEA benefitThe Department of Posts has issued new FAQs clarifying child education allowance rules for central government employees. These clarificatio...
- 4 new PAN card forms in FY26-27: Which form to use- 93, 94, 95 or 96? Old vs newStarting April 1, 2026, new PAN application forms are in effect. Four distinct forms, 93, 94, 95, and 96, cater to specific applicant types...
- Sebi mulls relaxations in reporting requirements for stock brokersTo boost ease of doing business, markets regulator Sebi on Friday proposed additional relaxations to reporting norms for stock brokers, inc...
- Quarterly earnings: How some companies use selective slicing'n'dicing to show performance numbers at their bestTo show earnings at their best, companies often break down performance numbers selectively, instead of in conventional terms. This results ...
- IIFL Securities shares jump 14%, hit 52-week high after SAT sets aside SEBI orderEarlier the market regulator had alleged that IIFL Securities failed to segregate client funds, and mixed its own funds with client funds, ...
- RBI to regulate payment gateway providers: Digital payments likely to get saferThese gateways can be expected to become more transparent and accountable in their working thereby benefitting common people using them for...
- Vote-on-Account likely to be made a 'full-fledged Budget'BJP leaders are of the view that the Vote on Account should be like any full-fledged budget.
- IIM Bill introduced in Lok SabhaOnce the bill is passed and the act is in place, all existing IIMs would become a body corporate.
- Key bill to bring IIMs at par with global standardsAlthough the IIMs have high credibility in South Asia and are recognised as centers of quality business academia by Indian companies, there...
- RBI committee suggests changes in accounting of central bank balance sheetAn RBI appointed technical committee has recommended that the central bank's repo transactions be treated as lendings and borrowings and no...
- RBI should make balance sheet more transparent: CommitteeThe Reserve Bank should make its balance sheet more transparent by including information such as employee cost and expenses on printing of ...
- RBI replaces 'no-frills' account with basic savings accountRBI today asked banks to drop the 'no-frills' tag from the basic saving accounts as the nomenclature has become a stigma.
- Revamped HSN comes into forceTHE Updated 2002 version of the Harmonised System of Nomenclature for Customs Tariff has come into force with effect from January 1, 2002, ...
- Govt updates commodity nomenclatureTHE GOVERNMENT on Tuesday updated commodity classifications under the internationally accepted 'Harmonised System Nomenclature' while ensur...
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