Ind AS Rules 2025: Major Changes in Classification of Liabilities, Supplier Finance Disclosures & Pillar Two Taxes

Ind AS Rules 2025: Major Changes in Classification of Liabilities, Supplier Finance Disclosures & Pillar Two Taxes

The Ministry of Corporate Affairs (MCA) recently shared a notification on August 13, 2025 in powers given by section 133 read with section 469 of the Companies Act 2013. the Central Government, in recent discussion with the National Financial Reporting Authority (NFRA), makes the below-mentioned rules further to change the Companies (Indian Accounting Standards) Rules 2015.

1. Short title and commencement

• These rules will be known as the Companies (Indian Accounting Standards) Second Amendment Rules, 2015.
• They will come into effect on the date of their publication in the Official Gazette.

2. In the Companies (Indian Accounting Standards) Rules, 2015, in the “Annexure“, under the heading “B. Indian Accounting Standards (Ind AS)”-

To know complete details, refer to the official notification: