PIB- Indian Accounting Standards

Posted: 18/12/2012 in News, PIB
Tags: ,

After extensive stakeholders’ consultation on IFRS standards, the converged Indian Accounting Standards (IND-AS) have been placed on the website of the Ministry of Corporate Affairs for wide dissemination and familiarization with the new standards. Implementation of IND-AS could however be considered once tax and other related issues are resolved. This information was given by Shri Sachin Pilot, Minister of Corporate Affairs, in written reply to a question in the Rajya Sabha today.

Source: Press Information Bureau.

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