Skip to content
Start learning
1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Government grant

Accounting

Assistance from government in return for compliance with conditions relating to a company’s operating activities, accounted for under Ind AS 20.

In plain terms

Recognised only when compliance and receipt are both reasonably assured. The standard permits more than one presentation for income-related grants, which is precisely why two companies in the same sector can show the same benefit in different places and both be right.

Read the full lesson →
Indian stock market glossary · Market Vidyalaya