The Central Government notified the Indian Accounting Standards (Ind AS) which are in-line with International Financial Reporting Standards (IFRS). Consequently, the Finance Act, 2017, has amended the provisions of section 115JB of the Income-tax Act, 1961 (‘the Act’) for Ind
The Lok Sabha has passed the Companies (Amendment) Bill, 2017 on 27 July 2017.The Bill amends the Companies Act 2013 and the highlights are as follows: Section 2(6)- Definition of ‘associate company’ and ‘Joint Venture’ The Bill proposes amendment providing
On 31 July 2017, the TRAI released the above consultation paper in light of the exponential growth in the broadcasting sector in recent years, resulting in an increased need to ensure the ease of doing business to continue facilitating this
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