Ministry of Consumer Affairs, Food & Public Distribution vide press release dated 10 April, 2023, has issued directions to ensure that BIS Certification is enforced on required products for consumer safety. State heads should ensure that BIS Certification is enforced on required products. Greater focus is given to consumer safety in north eastern states.
Revised framework for Treatment of Right-of-Use (ROU) Assets
22 March 2025
RBI has clarified that regulated entities shall not be required to deduct an ROU asset (created in terms of Ind AS 116-Leases) from Owned Fund/
