India notifies rules to protect green energy investments

NEW DELHI: In an attempt to soothe investor concerns amid a logjam over power supply contracts with Punjab, Gujarat and Andhra Pradesh, the union government has notified rules for ensuring “timely recovery of costs due to change in law.” “The... Read more

Govt notifies new accounting standard that comes into effect on April 1

Companies will have to adopt more detailed revenue recognition ways from April 1 as the government has notified a new accounting standard. The corporate affairs ministry has notified Indian Accounting Standard (Ind AS) 115 which would be effective from the... Read more