Notification inviting comments or suggestions to amend the Cost and Works Accountants Regulations, 1959

Last updated: 25 August 2023

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The Institute of Cost Accountants of India is proposing amendments to the Cost and Works Accountants Regulations of 1959. They are inviting all affected stakeholders to submit any objections or suggestions they may have. These comments should be sent to the Secretary of the Institute within thirty days of the official publication of the draft regulations in the Gazette of India. The Council will consider all feedback received within the specified timeframe.

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
(Statutory Body under an Act of Parliament)
NOTIFICATION

Kolkata, the 1st August, 2023

CWR(1)/2023.—The following draft of Regulations to further amend the Cost and Works Accountants Regulations, 1959, which the Council of the Institute of Cost Accountants of India proposes to make, is hereby published, as required by sub-section (3) of section 39 of the Cost and Works Accountants Act, 1959 (23 of 1959) for the information of all stakeholders likely to be affected thereby, and notice is hereby given that the said draft regulations shall be taken into consideration on or after the expiry of period of thirty days from the date on which the copies of the Gazette of India in which these draft regulations are published, are made available to the public.

Any person desirous of making any objection or suggestion in respect of the said draft Regulations, may forward the same for consideration by the Council of the Institute of Cost Accountants of India within the period so specified addressed to the Secretary, The Institute of Cost Accountants of India, CMA Bhawan, 12, Sudder Street, Kolkata – 700 016.

Any objection or suggestion received from any person with respect to the said draft Regulations before the expiry of the period so specified will be taken into consideration by the Council.

For Full notification please refer to the attachment

FAQ :

This notification is about proposed amendments to the Cost and Works Accountants Regulations, 1959, and invites comments from the public.

Any person who is likely to be affected by the proposed draft regulations can submit objections or suggestions.

You can forward your objections or suggestions to the Secretary, The Institute of Cost Accountants of India, CMA Bhawan, 12, Sudder Street, Kolkata – 700 016.

Comments must be submitted within thirty days from the date the draft regulations are made available to the public in the Gazette of India.

The Council of the Institute of Cost Accountants of India will consider all objections and suggestions received within the specified period.