Standing Committee on Finance recommends widening the scope of the definition of "accountant"

Mr. M.Gopalakrishnan, President of The Institute of Cost Accountants of India, announced, that the cost and management accounting profession, is getting its due recognition in the Direct Taxation areas , as accepted by the 49th Report of the Standing Committee of Finance chaired by Honourable Shri.Yashwant Sinha ji., M.P. The Standing committee has recommended to the Ministry of Finance to The Ministry may therefore re-consider the suggestion to widen the scope of the definition of accounta

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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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