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Depreciation

Ministry clears the air on reduction schedule

Ministry clears the air on reduction schedule
The changes are made by the Corporate Affairs Ministry to avoid confusion among share holders and bring consistency to its recent guidance. There will not be two classes of companies for reduction purpose as it was mentioned in the new company law schedule for depreciation. The ministry also restored revenue-based amortisation for toll-roads developed under [...] Continue Reading »

New year to bring new life into realty!

New year to bring new life into realty!
Coming new year is expected to bring new life in the real estate sector against last year’s slump in sales. According to a report, there has been a bit of depreciation in the property prices which is healthy for the realty market. Due to which, there has been a upward demand for the properties. In [...] Continue Reading »



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