The International Ethics Standards Board for Accountants (IESBA) has issued a snapshot on 12th June 2026 outlining how ethics and independence apply in an environment where technology…


From PAN, TDS to tax regime: 7 Form 16 checks you can’t miss before filing ITR
For many salaried employees, Form 16 is the starting point of ITR filing. But before you file your return, have you checked whether your PAN,…

ITR Filing 2026: Don’t File Your Tax Return Before Receiving Form 16A; Here’s Why
ITR Fiing: The Income Tax Return (ITR) filing season is all set to begin and taxpayers are already preparing to file their ITR early in…

IASB Issues IFRS 20 to Enhance Reporting for Rate-Regulated Entities
The International Accounting Standards Board (IASB) has issued IFRS 20, Regulatory Assets and Regulatory Liabilities, introducing a comprehensive accounting framework for entities operating in rate-regulated…

Wage Definition under Labour Codes – Emerging Financial Reporting and Audit Considerations
Pursuant to the implementation of The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and The Occupational Safety,…

Ind AS 109 and ECL Modeling Key Judgments and Practical Challenges
Expected Credit Loss (ECL) under Ind AS 109 sits at the intersection of accounting, credit risk assessment, and professional judgment. Its forward-looking framework requires entities…

RBI introduces ECL-based provisioning and EIR framework for banks
The Reserve Bank of India (RBI) has issued the Reserve Bank of India (Commercial Banks - Asset Classification, Provisioning and Income Recognition) Directions, 2026, applicable…

RBI Notifies Amendments to the External Commercial Borrowing (ECB) Framework
The Reserve Bank of India (RBI) has issued the Foreign Exchange Management (Borrowing and Lending) (First Amendment) Regulations2026, dated February 09, 2026, revising the External…

SEBI Mandates Reporting of AIF NAV to Depositories
The Securities and Exchange Board of India (SEBI), vide circular dated 06 February 2026, has introduced a new reporting requirement, mandating Alternative Investment Funds (AIFs)…
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