The Reserve Bank of India had notified that scheduled commercial banks (excluding Regional Rural Banks) shall follow the Indian Accounting Standards...

RBI vide circular No.109/22.10.106/2019-20 dated 13.03.2020 has notified the implementation of Indian Accounting Standards for NBFCs.

The Ministry of Corporate Affairs (“MCA”), by way of notification dated 10.03.2026 published on 12.03.2026, has issued the Companies (Accounting Standards) Amendment Rules, 20261 (“Amendment Rules”) to amend the Companies (Accounting Standards) Rules, 2021 (“Principal Rules”).

Ind AS 11 Construction Contracts and Ind AS 18 Revenue is omitted.

On 20th June 2025, UDIN Directorate of ICAI announced that the information regarding Auditor's Opinion, henceforth, would be required to be filled in, while generating UDIN...

Computation of profits and gains of business on presumptive basis.

India has implemented practices and reformed policies to improve the business climate for all investors.

Earlier this month, .India's Central Board of Direct Taxation (CBDT) had vide notification dated 18 December 2018 prescribed timelines with respect to the furnishing of Country-by-Country Reporting

SEBI, on July 18, 2019, has issued a consultation paper on Policy Proposals with respect to Resignation of Statutory Auditors from Listed Entities.

Ministry of Corporate Affairs ("MCA") vide notification no. G.S.R. 291 (E) dated 7th May, 2025 made amendments in the Companies (Indian Accounting Standards) Rules, 2015.

Taking into consideration, the various representations received from the stakeholders for the extension in the last date of filing, the Ministry of Corporate Affairs (MCA) vide its General Circular No.15/2021...

Action Plan 13 of the BEPS project anchored by the Organisation for Economic Co-Operation and Development (OECD) and G20 had set out an extensive framework for Transfer Pricing Documentation.

In an interesting turn of events, a writ petition has been filed before the Bombay High Court by an investor of Reliance Capital Ltd. (RCap) challenging Regulation 3(2)(b)(i) of SEBI...

The mode of communication channelizes transmission for linking one person to another.

In India, CbCR filings have been made applicable from Financial Year 2016-17, modeled majorly on OECD's recommendations in Action Plan 13 of the BEPS project.

The roles of various gatekeepers of corporate governance, such as auditors, independent directors and credit rating agencies, has increasingly come under scrutiny as a response to the various financial scandals that shook corporate India –

MCA through notification dated 24 March 2021, issued the ‘Companies Amendment Rules, 2021' which effectively amended ‘Rule 11-Other Matters to be Included ..

On October 8, 2020, the Securities and Exchange Board of India amended the SEBI Regulations, 2015 vide SEBI Regulations, 2020.

India is an increasingly favoured business hub offering numerous commercial opportunities.