A Minimum Balance is the minimum amount of money needed in a bank account to avoid any fee.
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 regulating the profession of Chartered Accountancy in the country. The Institute, functions under the administrative control of the Ministry of Corporate Affairs, Government of India. The ICAI is the second largest professional body of Chartered Accountants in the world, with a strong tradition of service to the Indian economy in the public interest.
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 constitutes of 40 members of whom 32 are elected by the Chartered Accountants and the remaining 8 are nominated by the Central Government generally representing the Comptroller and Auditor General of India, Securities and Exchange Board of India, Ministry of Corporate Affairs, Ministry of Finance, and other stakeholders.
Notifications are a great way to receive updates on articles, knowledge base or newsletters. We don’t spam inboxes.
Thank You for subscribing to our learning material. Details have been shared on your email-id.
Register As Resource Person / Volunteer
Students, Professionals are encouraged to share their articles. The articles will be reviewed by the Content Committee on a monthly basis and they reserve the right to publish (or not publish) the article. The articles must be original contribution and must not have been published elsewhere.
Thank You for showing your interest for volunteering as resource person and/or to contribute to learning material, this is subject to declaration and vetting by subject matter expert.