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The Central government is considering amendments to the laws regulating Chartered Accountants (CAs) to ease restrictions on advertising by professionals and their firms, as per reports. According to officials familiar with the matter, the proposed changes are expected to help CAs promote their serv
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FAQ :
The central government is considering amendments to the laws regulating Chartered Accountants (CAs) to ease restrictions on advertising by professionals and their firms.
The proposed changes are expected to help CAs promote their services more effectively, win new assignments, and drive business growth, particularly for small and mid-sized firms looking to expand their reach and compete globally.
Currently, under the Chartered Accountants Act, 1949, professionals are allowed to advertise only in a limited manner through "write-ups" that must follow strict rules regarding font size, photographs, and presentation.
No, the ICAI has clarified that while certain relaxations are being considered, such as in the use of technology and font size, ethical standards will continue to remain intact.
The Chartered Accountants Act initially prohibited any form of advertising by CAs. Limited permissions were introduced in 2006, allowing restricted advertisements through write-ups.
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