https://www.taxtmi.com/news?id=15559 The rules maintain a data residency requirement for electronic books with an exception where bilateral or multilateral treaties permit free regulatory access abroad; they reject extension of the transitional exemption from mandatory consolidation of accounts for companies with foreign subsidiaries, require capturing unhedged foreign-exchange exposure in filings, clarify that an "entity" may serve as internal auditor, streamline certain Board's Report disclosures while retaining energy and technology disclosures, recommend omission of Form AOC-2 if financial statements disclose related-party transactions, harmonise remuneration disclosure thresholds, uphold directors' duty to ensure compliance systems, and propose targeted amendments to CSR spending and administrative limits. en-us Tue, 02 Feb 2016 18:55:31 +0530 Tue, 02 Feb 2016 18:55:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15559 The rules maintain a data residency requirement for electronic books with an exception where bilateral or multilateral treaties permit free regulatory access abroad; they reject extension of the transitional exemption from mandatory consolidation of accounts for companies with foreign subsidiaries, require capturing unhedged foreign-exchange exposure in filings, clarify that an "entity" may serve as internal auditor, streamline certain Board's Report disclosures while retaining energy and technology disclosures, recommend omission of Form AOC-2 if financial statements disclose related-party transactions, harmonise remuneration disclosure thresholds, uphold directors' duty to ensure compliance systems, and propose targeted amendments to CSR spending and administrative limits. News - Tue, 02 Feb 2016 18:55:31 +0530 https://www.taxtmi.com/news?id=15559