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Archive: 23 April 2020

Posts in 23 April 2020

Pricing of Preferential Issues and exemption from open offer for acquisitions in Companies having Stressed Assets

April 23, 2020 3141 Views 0 comment Print

The objective of this discussion paper on ‘Pricing of Preferential Issues and exemption from open offer for acquisitions in Companies having Stressed Assets’ is to seek comments / views from all stakeholders including listed companies, market intermediaries and public on pricing of Preferential Issues and exemption from making an open offer for acquisitions in listed Companies having Stressed Assets.

Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 & IFRS 16

April 23, 2020 942 Views 0 comment Print

Exposure Draft on Interest Rate Benchmark Reform-Phase 2 (Proposed amendments to IFRS 9, IAS 39, IFRS 7, IFRS 4 and IFRS 16) – (21-04-2020) The Institute of Chartered Accountants of India In 2018, International Accounting Standards Board (IASB) decided to add a project to its work plan to consider the financial reporting implications of the […]

Insurance companies allowed to do KYC through Aadhaar Authentication

April 23, 2020 1599 Views 0 comment Print

To facilitate general public to easily fulfil Know Your Customer (KYC) norms while availing insurance services, IRDAI has recommended for allowing insurance companies to avail Aadhaar Authentication Services of the Unique Identification Authority of India.

Set Off & Carry Forward of Loss under the head House Property

April 23, 2020 89436 Views 5 comments Print

What is set-off of losses means? Set-off of losses means adjustment of losses against the income of that relevant year. Where the losses are not completely set off against income of the same financial year then such losses can be carried forward to the subsequent year or years for set off against income of those […]

Hold on DA for Government Employees amid COVID-19 Breakout

April 23, 2020 2400 Views 0 comment Print

It has been decided that the additional installment of Dearness Allowance payable to Central Government employees and Dearness Relief to Central Government pensioners, due from 1st January 2020 shall not be paid.

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