« Top Headlines » Open DEMAT Account in 24 hrs  ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?  Full List Of Trump's Reciprocal Tariffs Announced Wednesday  Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025  5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025  March 15 is deadline for last advance tax installment: Know if you must pay «  Date of payment of tax by cheque: Whether tender date or... CAs grapple with tax audit woes... » ICAI refers AS-15 issue to sub group September, 08th 2006 It's interim relief for all PSU banks as the Institute of Chartered Accountants of India has referred the controversial Accounting Standard-15 to a sub group, reports CNBC-TV18. The Aounting Standard deals with accounting for retirement benefits and is being opposed by PSU banks as it could have a big hit on their bottomline. In response to the pressure put by Indian Banks Association, the ICAI sub-group will now discuss this matter with the banks and submit its recommendations to the Central Council of the institute.