Institute of Chartered Accountants of India (ICAI) on Tuesday said it is working on a research paper on guiding its members on accounting and auditing standards for cryptocurrency assets. The report will cover taxation implications, valuation and auditing of crypto and other virtual digital assets (VDAs), the premier professional accounting institute said. It will submit…Continue Reading

Indian paper industry urges govt to allow pulpwood plantation in degraded land

NEW DELHI: The Indian paper industry, which is facing inadequate raw material availability, has urged the government to offer degraded forest land and non-forest government land near mills for pulpwood plantation, a move that will also help increase the green cover in the country. Raw material security is necessary for the paper industry to become…Continue Reading