Real estate has always been the Indian investor’s preferred choice, even if it means investing in just a plot of land. The sharp rise in prices of both residential and commercial real estate over the past few years, however, has made investing in property a difficult proposition for most ordinary Indian investors.
This article deals with changes under Ind AS that significantly affect the accounting of revenue by Indian software/technology (IT/ITeS) companies. In addition to revenue recognition, it also deals with recognition of investment income.
India’s macroeconomics variables have improved considerably in the past year and significant measures have been taken recently to revisit the Foreign Direct Investment (FDI) policy, with a view to further ease of foreign investments into the country.
The Global Real Economy is a new bi-annual e-publication, which includes economic and other business insights to reflect the RSM network’s global reach and its ability to provide world-class audit, tax and consulting services to leaders of entrepreneurial, growth-focused companies around the world.