MCA:
Ms. Anjuly Chib Duggal, IAS (PB:81), Special Secretary. Department of expenditure, Ministry of Finance appointed as Special Secretary, Ministry of Corporate Affairs against the newly created post and as Secretary, Ministry of Corporate Affairs. She was the Additional Secretary, Expenditure at the Ministry of Finance in the Government of India prior to this she was with Ministry of Information and Broadcasting in the Government of India. A Fellow from Cohort 1 (India), she was elected to LEAD International’s Board of Directors in 1998. She is a member of a management cadre in the Government in India and has been a development administrator in the areas of urban renewal, education, non conventional energy, technology promotion, health and welfare.
MCA:
Shri Arun Jaitley, Minister of Corporate Affairs in written reply to a question in the Rajya Sabha said that the Indian Accounting Standards (Ind-AS), based on the International Financial Reporting Standards (IFRS), will be notified for voluntary adoption from the financial year 2015-16 and mandatorily from financial year 2016-17. Banks, Financial Institutions and Insurance Companies may be brought under the purview of the standards at a later date. The class of companies to which these standards will apply are being finalised and would be notified alongwith the Ind-AS.
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