Guidelines on Accounting with respect to Indian Accounting Standards (IND AS) (February 04, 2022)
SEBI vide notification dated January 25, 2022 amended SEBI (Mutual Funds) Regulations, 1996, which, inter-alia, mandated that the AMCs shall prepare the Financial Statements and Accounts of the Mutual Fund Schemes in accordance with IND AS with effect from April 01, 2023. In this regard, SEBI has specified that the Mutual Fund Schemes shall prepare the opening balance sheet as on date of transition and the comparatives as per the requirements of IND AS. Mutual Fund schemes may not be mandatorily required to restate the previous years published perspective historical per unit statistics as per requirement of IND AS for the first two years from first time adoption of IND AS.
CBDT
More than 43.34 crore Permanent Account Numbers (PANs) linked with Aadhaar till 24.01.2022 ( February 7, 2022).
As on 24-01-2022, the total number of Permanent Account Numbers (PANs) linked with Aadhaar is 43,34,75,209. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Lok Sabha. It has been further stated that the time-limit as extended by the Government for linking all PAN cards with Aadhaar cards is 31-03-2022.
Market Summary
Stock Market Indices (as on 08.02.2022)
BSE Sensex 57808.58 (+187.39)
Nifty 50 17266.75 (+53.15)
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