Govt. strikes off 2.24 lakh companies post demonetisation for remaining inactive

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Govt. strikes off 2.24 lakh companies post demonetisation for remaining inactive

A preliminary inquiry from 56 banks in respect of 35,000 companies, which involve approximately 58,000 accounts, has revealed that over Rs. 17,000
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How New Fed Chair Jerome Powell Will Shape Monetary Policy

With President Donald Trump naming Jerome H. Powell as his nominee for chair of the Federal Reserve on Thursday, many are expecting a continuation of the interest rate and monetary policy established by outgoing chair Janet Yellen.
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Financial engineering needed to ensure bank recap plan doesn't dent economy

Unlike the International Monetary Fund accounting practices, where bank recapitalisation need not be part of the deficit, according to Indian
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Are financial statements still relevant?

Since the time of Fra Luca Pacioli, inventor of the double-entry bookkeeping system that eventually led to the accounting profession, various
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More than two lakh companies de-registered so far: MCA

… an independent body to test check financial statements, prescribe accounting standards and take disciplinary action against errant professionals.
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