ICAI invites Comments on Proposed CA Draft Regulations

ICAI - CA Draft Regulations - Taxscan

The Institute of Chartered Accountants of India ( ICAI ) has invited comments on Proposed CA Draft Regulations.

The Draft Amendments in the CA Regulations arising out of the proposed scheme of Education and Training have been in principle approved by the Ministry of Corporate Affairs and is exposed to the public for their comments for 30 days and, thereafter, the same will be considered by the Council.

Once the Proposed Scheme and Draft Regulations are approved, the Implementation Scheme, including Transition Provisions for students of the existing Scheme of Education and Training, shall be formulated.

While formulating the Transition Scheme, reasonable care shall be taken to allow exemption to the students in respect of subjects which have cleared under the earlier Scheme. Hence, till such time, students are advised to continue studying regularly as per the existing course curriculum.

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