Banks set to see higher provisioning on new norms next fiscal
Banks are planning higher provisioning on new norms next fiscal of new accounting norms. It will ask lenders to make higher provisioning for loans.
May 14, 2017, 17:31 PM IST
Companies' P&L accounts to have separate CSR Expenditure head
If a company spends more than the mandatory two percent of profit for Corporate Social Responsibility (CSR), the excess amount can not be carried forward for any set off against future CSR expenses.
May 17, 2015, 15:55 PM IST
New accounting norms to have minimum number of 'carve outs'
Gearing up to implement the new set of accounting standards that are converged with global norms, the government is likely to keep the number of "carve outs" to the minimum.
Jan 18, 2015, 12:30 PM IST
