Minimum stipends have been doubled to between Rs 5,000 and Rs 9,000 per month. such costs are capitalised. For: Preliminary & Mains. In this video lecture IN-DEPTH Analysis of CITIZENSHIP AMENDMENT BILL, 2019 has been done. National Institute of Design (Amendment) Bill, 2019 – Diligent IAS 27/11/2019 – Posted in: Daily News. Context: Protests against the Citizenship (Amendment) Act at Jamia Millia Islamia in Delhi and Aligarh Muslim University, followed by violent clash between students … (b) the change is in the nature of a consequential amendment—it ensures consistency of wording in the requirements of IAS 37. The amendments are designed to support the provision of useful financial information by companies during the period of … What to study? For main: significance of RTI, issues present and measures to address these issues. Earlier application is permitted. Arms Amendment Bill, 2019 Context: Parliament recently approved a legislation providing for a maximum punishment of life imprisonment … Type of offences that the NIA can investigate and prosecute is now expanded. The topic, ‘Important Amendments in Indian Constitution,’ comes under the GS-II syllabus of the IAS Exam. The UAPA – an enhancement on the TADA (Terrorist and Disruptive Activities (Prevention) Act), which was allowed to lapse in 1995 and the Prevention of Terrorism Act (POTA) was repealed in 2004 — was originally passed in 1967 under the then Congress … Finally, it was redrafted with the Motor Vehicles Amendment Bill in 2019. Topic covered: Government policies and interventions for development in various sectors and issues arising out of their … a. INDAS 23 b.IAS 23 c.AS 16. Studying the forces which are in news becomes compulsory. Right to Information (Amendment) Bill, 2019. For prelims: Key features of the bill. IAS 23 Borrowing costs Accounting summary - 2017 - 05 1 Objective Borrowing costs are finance charges that are directly attributable to the acquisition, construction or production of a qualifying asset that forms part of the cost of that asset, i.e. The application of amendments as a result of the annual improvements to the IFRS (Annual Improvements 2015 – 2017) consecutively apply to step business combinations (IFRS 3), joint arrangements (IFRS 11), capitalization of borrowing costs (IAS 23), and income tax consequences of dividend payments (IAS 12). All these amendments have brought significant changes in the course of Indian Polity. Taxation – IAS 12, IFRIC 23 27 Earnings per share – IAS 33 28 Balance sheet and related notes 29 Intangible assets – IAS 38 30 Property, plant and equipment – IAS 16 31 Investment property – IAS 40 32 Impairment of assets – IAS 36 33 Lease accounting – IAS 17, IFRS 16 34 Inventories – IAS 2 35 Provisions and … Constitution on Supreme Court Judges: The organisation, independence, jurisdiction, powers and functions of the Supreme Court are provided in articles 124 to 147 in Part … Continue reading "SUPREME COURT … The Act provides for the erection of a National Memorial in memory of those killed or wounded on April 13, 1919, in Jallianwala Bagh, Amritsar. There is no major difference between INDAS 23 and IAS 23.Therefore, the following descriptions relate to both INDAS 23 and IAS 23. Search Here. The Consumer Protection Act, 2019 is an important topic for the UPSC exam. Statements of Profit and loss and other Comprehensive income, Statement of changes in Equity and Statement of Financial position are the new … However, it was only in 2014 that the National Urban Transport Policy (NUTP) committee proposed a new legislation, incorporating all modes of transportation, multi-modal integration, road safety, etc. Topics covered: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. For prelims: key features of RTI, amendments proposed and the need. AERA (Amendment) Bill, 2019 Archives TOPIC: General Studies 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. For mains: Need for amendments, concerns … There are 104 amendment acts as of January 2020 that are made in the Indian Constitution over time. Towards this, the Aadhaar and Other Laws (Amendment) Bill, 2018 was passed by the Lok Sabha in its sitting held on 4th January, 2019. In news: Lok Sabha has passed Special Protection Group (SPG) amendment bill, 2019 Placing it in syllabus: Security forces and agencies … Title: IASB issues amendments to IAS 19 – plan amendment, curtailment or settlement: PwC In brief Author: PwC Subject: On 7 February 2018, the IASB issued amendments to the guidance in IAS 19, Employee Benefits , in connection with accounting for plan amendments, curtailments and … Implementation matters (Agenda Paper 12) The Board met on 11 December 2019 to discuss implementation matters. National Institute of Design. The Board discussed the effective date for the amendments to IAS 37 Provisions, Contingent Liabilities and … All other borrowing costs are recognised as … POLITY TOPIC: General Studies 2: Government policies and interventions for development in various sectors and issues arising out of their design and implementation. Context: The Right to Information (Amendment) Bill, 2019 that amends the Right to Information Act, 2005 has been introduced in Lok Sabha. Following that, the Road Transport and Safety Bill was drafted in 2014. Part of: GS Prelims and GS-II – Polity. Download Citizenship Amendment Act notes PDF. General Studies 3: Mobilization of resources, growth, development and employment In News: Rajya … 20. The Bill amends the Maintenance and Welfare of Parents and Senior Citizens Act,2007 Key features of the bill Definition of children: In the Act, the term ‘children’ refers to children and … The Citizenship Amendment Act 2019 is intended to help illegal migrants who came to India before 31-12-2014 … In News. Src:CM. Effective for annual periods beginning on or after 1 January 2019. The stipend for graduate apprentices or degree apprentices has been increased to … Onerous Contracts—Cost of Fulfilling a Contract (Amendments to IAS 37) (Agenda Paper 12A). (Amendment) Bill, 2019 The Jallianwala Bagh National Memorial (Amendment) Bill, 2019 was introduced in LokSabha on July 8, 2019. 10th IAS Conference on HIV Science | 21-24 July 2019 | Mexico City, Mexico This will enable NIA to additionally investigate offences related to human trafficking, counterfeit currency, manufacture or sale of prohibited arms, cyber-terrorism, and offences under the … Accordingly, we recommend finalising the amendments to IAS 37 without re-exposure. Context: The Right to Information (Amendment) Bill, 2019 that amends the Right to … Manifest pedagogy: Security forces under Internal Security sections is an important aspect for Mains. Right to Information (Amendment) Bill, 2019 . 126th Constitution Amendment Bill. The Bill replaces the Indian Medical Council (Amendment) Second Ordinance, 2019 which was promulgated on 21 st February, 2019.. In accordance with paragraph 6.23 of Due Process Handbook, we are … The International Accounting Standards Board (Board) has today published for public comment proposed changes to the IFRS Standard for income tax, IAS 12. However, former information commissioners and RTI activists have come out strongly against the move by the central government to amend the RTI Act, 2005. 1 January 2019 Endorsed 4 Amendments to IAS 19, ‘Employee benefits’ – Plan amendment, curtailment or settlement Annual periods on or after 1 January 2019 Not yet endorsed 5 Annual improvements 2015-2017 IFRS 3, ‘Business combinations’ IFRS 11, ‘Joint ventures’ IAS 12, ‘Income taxes’ IAS 23, ‘Borrowing costs’ Citizenship Amendment Act 2019 (CAA) has been passed by both Lok Sabha and Rajya Sabha. This is a part of the polity and governance segments in the UPSC syllabus. The Bill seeks to reduce the time period for supersession of theMedical Council of India (MCI) from three years to two … Property, Plant and Equipment: Proceeds before Intended Use (Amendments to IAS 16) (Agenda Paper 12A) The Board discussed the transition requirements and effective date for the amendments to IAS 16 Property, … 26 September 2019 IASB amends IFRS Standards in response to the IBOR reform. For UPSC 2021 preparation follow BYJU'S Protests against the Citizenship (Amendment) Bill 2019 Daily Current Affairs IAS | UPSC Prelims and Mains Exam – 17th December 2019. IAS 28 is amended to clarify that an entity should apply IFRS 9 as well as IAS 28 to long-term interests in associates and joint ventures that in substance form part of the net investment in the associate or joint venture. Search [wp-night-mode-button] Posted on July 23, 2019 by InsightsIAS. It amends the Jallianwala Bagh National Memorial Act, 1951. Unlawful Activities (Prevention) Amendment Bill, 2019 What to study? Parliament has passed the Indian Medical Council (Amendment) Bill, 2019. The Maintenance and Welfare of Parents and Senior Citizens (Amendment) Bill, 2019 was introduced in Lok Sabha. The International Accounting Standards Board (Board) has today amended some of its requirements for hedge accounting. Know about the background and controversies regarding CAB 2019, and the Indian Citizenship Act. beginning on or after 1 January 2019. Simplifying UPSC IAS Preparation. Source: The Hindu. Search. The reservation given to SCs, STs and the Anglo-Indian community for the past 70 years is to end on January 25, 2020; The 126 th Constitution Amendment Bill seeks to extend by 10 yearsreservation to the Scheduled Castes … Background of Unlawful Activities (Prevention) Amendment Act. Search Here. As per the notified Apprenticeship (Amendment) Rules, 2019, the hiring limit of apprentices has been raised to 15 per cent of total strength of an establishment. What are the changes in NIA (Amendment) Bill 2019? Get the list of major amendments … - IAS 12 - Income tax - IAS 23 - Borrowing costs - IFRS 3/IFRS 11 - Business Combinations 15 March 2019 (EU 2019/412) Yes 1 January 2019 Yes 1 January 2019 Yes 1 January 2019 Amendment to IAS 28 - Investments in Associates and Joins Ventures Clarifications for the investor on how to recognise long-term interests … The amendments clarify how companies account for deferred tax on leases and … National Institute of Design (Amendment) Bill, 2019 . However, before the same could be considered and passed in the Rajya Sabha, the Rajya Sabha was adjourned sine die. Intention to dissent 21. Context: President Ram Nath Kovind gave his assent to the Supreme Court (Number of Judges) Amendment Bill, which will increase the number of Supreme Court judges from 30 to 33. In this article, we give you a brief description of the details of the newly-passed Act, salient provisions of the Act, its importance and associated concerns, for the IAS exam . Citizenship Amendment Act 2019 (CAA) passed by the Indian Parliament has resulted in nationwide protests as many felt the new provisions added by the Central Government are discriminatory in nature. Implementation matters (Agenda Paper 12) The Board met on 22 October 2019 to discuss implementation matters. For main: significance of RTI, amendments proposed and the need IBOR reform main: significance RTI. What to study accordingly, we recommend finalising the amendments to IAS 37 without re-exposure that. September 2019 IASB amends IFRS Standards in response to the IBOR reform IBOR... 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