-The Hindu The new method provides a more accurate picture of a company's financial position. It is also more complex, expensive and time-consuming. The Controller General of Accounts has asked the government to be careful in adopting the accrual method of accounting considering the costs involved as only a few of its departments can benefit. “We should tread this subject in a careful manner. There is no such thing as a big-bang approach....

-PTI Budget 2016: Finance Minister Arun Jaitley faces a tough task of balancing the needs of farm sector as well as the industry when he presents his third and challenging Budget tomorrow as he seeks to garner resources to boost public spending for higher growth amid global headwinds. On the income tax front, the Budget may continue with the status quo on the tax slabs while it may tinker with the exemptions. Rising...

-Frontline.in An initiative focussed on Kerala’s development experience exposes a worrying trend of rising inequality and proposes a strategy for sustainable and equitable growth. THE fourth international Congress on Kerala Studies, organised by the A.K.G. Centre for Study and Research in Thiruvananthapuram on January 9-10, has generated much interest for its focus on a worrying new trend in Kerala’s development experience: rising inequality and marginalisation of large sections of people despite...

-The Hindu Business Line Going by the experience worldwide, it is unlikely to generate jobs in the formal sector Changes in land and labour laws are the two most important components of the second generation of economic reforms. Since early 1990, a slew of economic reforms have been initiated in almost all sectors. However, the governments in power from 1990 through 2014 did not introduce radical changes in the prevailing land and...

-The Indian Express Building on the Jan Dhan framework, India should move from price to income support Financial inclusion is an important policy pillar of the Narendra Modi government to ensure inclusive development (sabka saath, sabka vikas). What it means, in brief, is to mainstream financial services for the masses, especially credit at affordable costs from institutional sources. This is not the first time financial inclusion is being given a thrust. Various...