CCI Business Bulletin 30/03/2019-05/04/2019
CCI Business Bulletin 30/03/2019-05/04/2019

Government notifies new accounting standard on leases
Government has notified a new accounting standard Ind AS 116 that will bring in more transparency in recognition and disclosures about leases in companies' balance sheets. Indian Accounting Standard (Ind AS) 116 is expected to have a significant impact on various industries, including aviation where airlines mostly operate planes on lease.

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