STATE TIMES NEWS
JAMMU: The Institute of Chartered Accountants of India (ICAI) elected CA Naveen N.D Gupta as its President while CA Prafulla P Chhajed as Vice-President for year 2018-19.
ICAI is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI are managed by a Council in accordance with the provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations, 1988. The Council is composed of 40 members of whom 32 are elected by the members and remaining eight are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Ministry of Corporate Affairs, Ministry of Finance and other stakeholders.
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