But India in no hurry to converge with IFRS

Last updated: 26 May 2021

Author : DNA Business Bureau Content : The announcement by the Institute of Chartered Accountants of India (ICAI) in July last year notwithstanding, India may stop short of full convergence with the International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board. Anurag Goel, the secretary, ministry of corporate affairs has said recently that the country will not adopt it blindly. We will retain the rights to look at IFRS, to adopt or adapt it looki
Daily Limit Reached

You have reached your daily limit of 2 Free News

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Community
  • Daily E-Newsletter
  • Unlimited News Access
  • Profile Visitors
  • Link Social Profiles
  • Featured Job Posts
  • Pro Badge
  • Expert GST Guidance
  • Unlimited Forum Replies
  • Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

View all CCI PRO benefits

Already a PRO member? Login here for an ad-free experience. 07941056694



Admin

News posted by

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

View News
Comments :

Recent News :

  1. RBI Clarifies Foreign Exchange Risk Reserve Rules for Authorised Dealers
  2. Central Excise Duty Revised to Rs 2.5 and Rs 8.5 Per Litre from 16th October 2026
  3. CBIC Chairman Discusses 57th GST Council Reforms with Trade Associations in Bengaluru
  4. IDBI Bank Privatisation: Fairfax Group Wins 60.72% Stake Acquisition Deal
  5. ICAI Gives Last Opportunity to Submit MEF 2026-27 Application on 15th to 16th October
  6. FM Sitharaman Open to Hearing Views on LTCG Tax Removal Ahead of Budget 2027-28
  7. UPI MDR on Select Merchant Transactions to Be Implemented After Diwali 2026
  8. EPFO Extends September 2026 ECR Filing and PF Payment Deadline to 31st October
  9. ICSI Seeks MCA Annual Filing Due Date Extension Till 31st Dec 2026 Without Additional Fees
  10. No New GST on Food Delivery Services. Rate Reduced to 5%, Clarifies CBIC

More »

Popular News




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Rahul KulkarniRahul KulkarniPro Member Sri HarshaSri HarshaPro Member Sivanath VVSivanath VVPro Member anand diwakarrao joshianand diwakarrao joshiPro Member Anu RajAnu Raj
Subscribe to Pro
Join an elite circle of professionals


Browse by Category



Latest Job Openings

View all
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details