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Panel Proposes Regulatory Regime for Financial Services in GIFT IFSC

A committee proposes a comprehensive regulatory regime for bookkeeping, accounting, and taxation in GIFT City's IFSC, aiming for global finance hub status....

What Is eGramSwaraj App And Website?

On Friday, Prime Minister Narendra Modi launched a new portal called eGramSwaraj on the occasion of National Panchayati Raj Day. The website (https://egramswaraj.gov.in/) and a supporting app aims to monitor and organise events for the Panchayati Raj Institutions (PRIs). The official ...

Railways To Shift To Accrual-Based Accounting System By 2019

Indian Railways, one of the important means of transportation in the country will pilot its old system of accounting procedure which it has been following since the time of Independence. Railways will revamp with respect to reporting financial statements and will ...

What does mark-to-market mean?

Mark-to-market is an accounting concept is used for reflecting current fair market worth of an asset or a fund. The accounting method implemented on a day-to-day basis factors in movements in the price of different assets such as stocks, bonds etc ...