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Sai Venkateshwaran

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 »



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