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The Institute of Chartered Accountants of India, abbreviated as ICAI, is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India.
The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, viz. The Chartered Accountants Act, 1949 (Act No.XXXVIII of 1949) for regulation and development of the profession of Chartered Accountants in the country.
ICAI - The Institute of Chartered Accountants of India set up by an act of parliament. ICAI is established under the Chartered Accountants Act, 1949 (Act No. XXXVIII of 1949)
Oct 13, 2023 · Learn all about Institute of Chartered Accountants of India (ICAI), check out how it function, feature and benefits of having certification.
Aug 16, 2023 · Established on July 1, 1949, under the Chartered Accountants Act, 1949, ICAI is the national professional accounting body in India. It operates under the Ministry of Corporate Affairs, Government of India, and serves as the regulatory authority for the chartered accountancy profession in the country.
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Taxation. With a number of taxes on the statute book, current and continuing tax information has become vital to the effective economics of business management. The assessment of taxes is very closely linked with financial accounts.
In India, a Chartered Accountant is a qualified accountant of the Institute of Chartered Accountants of India. Chartered Accountants have knowledge of various subjects like accounting, auditing, corporate laws, costing and various aspects of direct and indirect taxation. [1]
