Retirement Planning and Succession – Vitiyagyan – English

Retirement Planning and Succession

It’s never too early to start planning for continuity, to lead a happy life post-retirement. A proper plan can help one get into the next phase of life seamlessly with stability.

Overview of Retirement and Succession

Learn about the meaning of retirement and succession and how to plan for it.

This article gives an overview of retirement planning and provides details about retirement options offered by the government. This also builds an appreciation on the concept of succession planning.

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Overview of Retirement and Succession

Learn about the meaning of retirement and succession and how to plan for it.

Retirement Planning & Succession Planning Overview

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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.

Visit The ICAI Website

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