April 20, 2025
Intangible Assets

CII Calls for Intangible Assets Reform

New Delhi: Industry body CII on Wednesday urged for comprehensive review for recognition of intangible assets for keeping pace with expansion of the digital economy. It also said that intangible assets have long been the engines for value creation in the world’s developed economies. “As India is transitioning towards a digital economy, the importance of

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Intangible Assets

Comprehensive review required for recognition of intangible assets for keeping pace with expansion of digital economy: CII

New Delhi [India], January 22 (ANI): The Confederation of Indian Industry (CII) has called for a comprehensive review of the recognition and accounting of intangible assets as India transitions towards a digital economy. According to CII, intangible assets are crucial for value creation in modern business models, especially in sectors like Software as a Service

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