Tax implications of IFRS to be clarified in the budget


In order to bring about more transparency in the manner in which companies make financial disclosures, the Government had earlier announced that India Inc will have to adopt new accounting norms compatible with International Financial Reporting Standards (IFRS) with effect from April 2011. To begin with firms in the 50 stock Nifty index, companies listed…

This content is for annual and Semi Annual members only.

Log In Register