Accountancy Bill gets approval
Lok Sabha on Wednesday approved a bill to revamp the functioning of the institutes of chartered accountants, cost accountants and company secretaries, with Union minister Nirmala Sitharaman asserting that the changes will not impact the autonomy of these bodies. The Chartered Accountants, Cost and Works Accountants and Company Secretaries (Amendment) Bill seeks to appoint non-Chartered Accountant, non-cost accountant and non-company secretary as the presiding officer of the disciplinary committees of the respective institutes.
Lok Sabha on Wednesday approved a bill to revamp the functioning of the institutes of chartered accountants, cost accountants and company secretaries, with Union minister Nirmala Sitharaman asserting that the changes will not impact the autonomy of these bodies. The Chartered Accountants, Cost and Works Accountants and Company Secretaries (Amendment) Bill seeks to appoint non-Chartered Accountant, non-cost accountant and non-company secretary as the presiding officer of the disciplinary committees of the respective institutes.
New safety norms for vehicle users
As many as 13,022 lives could have been saved in the country in 2020 if there were functional