Message of CA. Umesh Sharma – Vitiyagyan

CA. Umesh Sharma

Convenor, Financial & Tax Literacy Directorate

“Har Jan, Har Man, Vitiya Gyan se Sampann” is the motto of Financial Tax and Literacy Group of ICAI which aspires to reach each and every stratum of the society irrespective of their earning potential/ capacity. ICAI firmly believes in the theme of India’s G20 Presidency ie “One earth, One family, One future”. To start with, it is working to ensure that each and every member of India’s family is financial and tax literate. Tax planning and financial knowledge are two things that help in improving the saving and spending habits, resulting in financially well-planned, happy and prosperous lives. I am sure that this collaborative effort will go a long way in shaping India’s present as well as its future, paving way for building an “Aatmnirbhar Bharat”.

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.

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