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Core Purpose

This notification publishes the draft of the Chartered Accountants (First Amendment) Regulations, 2025, proposed by the Council of the Institute of Chartered Accountants of India, to amend the Chartered Accountants Regulations, 1988.

Detailed Summary

The Institute of Chartered Accountants of India, through Notification No.1-CA(7)/227/2025 dated 26th June, 2025, published a draft of regulations, titled the Chartered Accountants (First Amendment) Regulations, 2025, to further amend the Chartered Accountants Regulations, 1988. This publication is made as required by sub-section (3) of section 30 of the Chartered Accountants Act, 1949 (38 of 1949), for public information and inviting objections or suggestions. The Council will consider the draft regulations after thirty days from the Gazette's publication date, allowing any person to forward objections or suggestions to the Secretary at ICAI Bhawan, Indraprastha Marg, New Delhi – 110 002 within the specified period. The proposed amendments to Regulation 204 of the Chartered Accountants Regulations, 1988, include omitting the word 'and' after 'International Taxation' and inserting the words 'and Forensic Investigation' after 'Management and Business Finance'. These draft regulations are set to come into force on the date of their final publication in the Official Gazette. The principal regulations were initially published on 1st June, 1988, vide number 1-CA(7)/134/88 and were last amended on 21st June, 2023, vide Notification No.1-CA(7)/201/2023.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-28062025-264222 EXTRAORDINARY PART III—Section 4 PUBLISHED BY AUTHORITY No. 460] NEW DELHI, FRIDAY, JUNE 27, 2025 THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA NOTIFICATION New Delhi, the 26th June, 2025 No.1-CA(7)/227/2025.—The following draft of certain regulations further to amend the Chartered Accountants Regulations, 1988, which the Council of the Institute of Chartered Accountants of India proposes to make, is hereby published, as required by sub-section (3) of section 30 of the Chartered Accountants Act, 1949 (38 of 1949) for the information of all persons likely to be affected thereby; and notice is hereby given that the said draft regulation shall be taken into consideration after the expiry of a period of thirty days from the date on which the copies of the Gazette of India, in which these draft regulations are published, are made available to the public; Any person desiring to make any objection or suggestion in respect of the said draft regulations, may forward the same to the Council of the Institute of Chartered Accountants of India within the period specified addressed to the Secretary, the Institute of Chartered Accountants of India, ICAI Bhawan, Indraprastha Marg, New Delhi – 110 002: Any objection or suggestion which may be received from any person with respect to the said draft regulations before the expiry of the period so specified shall be taken into consideration by the Council. Draft Regulations 1. (1) These regulations may be called the Chartered Accountants (First Amendment) Regulations, 2025. (2) They shall come into force on the date of their final publication in the Official Gazette. II. In the Chartered Accountants Regulations, 1988, - In Regulation 204, (i) After the words, “International Taxation”, the word “and” shall be omitted. (ii) After the words, Management and Business Finance, the words, “and Forensic Investigation” shall be inserted. CA. (Dr.) JAI KUMAR BATRA, Secy. [ADVT. III/4/Exty./193/2025-26] Note: The principal regulations were published in the Gazette of India, Extraordinary, dated the 1st June, 1988 vide number 1-CA(7)/134/88 dated 1st June, 1988 and lastly amended vide Notification No.1-CA(7)/201/2023 dated 21st June, 2023.

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