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        <h1>India Seeks Public Feedback on Draft Amendments to Companies (Indian Accounting Standards) Rules, 2016; Comments Due by March 1.</h1> The Government of India's Ministry of Corporate Affairs has released the draft Companies (Indian Accounting Standards) Amendment Rules, 2016 for public consultation. Stakeholders are invited to submit their comments and suggestions by March 1, 2016. The amendments include updates to the Companies (Indian Accounting Standards) Rules, 2015, such as the introduction of Ind AS 115, which will be applicable from April 1, 2018. Until then, companies should use Ind AS 11 and Ind AS 18. The draft also proposes changes to other standards, including Ind AS 1, 19, 28, 34, 101, 107, and 110, to align with these updates.

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