๐๐๐๐ ๐ฐ๐น๐ฒ๐ฎ๐ฟ๐ ๐๐ฎ๐ ๐ณ๐ผ๐ฟ ๐๐๐ ๐ถ๐ป ๐๐๐๐ง ๐๐ถ๐๐!
I had attended the GCC Summit conducted by ICAI at GIFT City, where an important announcement was made that opens global opportunities for our profession.
๐ ๐๐ฒ๐ ๐๐ถ๐ด๐ต๐น๐ถ๐ด๐ต๐๐:
๐ญ. ๐ ๐ถ๐ฟ๐ฟ๐ผ๐ฟ ๐๐ถ๐ฟ๐บ๐ ๐๐น๐น๐ผ๐๐ฒ๐ฑ
โข CAs can now set up ๐บ๐ถ๐ฟ๐ฟ๐ผ๐ฟ ๐ณ๐ถ๐ฟ๐บ๐ ๐ถ๐ป ๐๐๐๐ง ๐๐๐ฆ๐ without losing exclusivity of their domestic firms.
๐ฎ. ๐ง๐๐ผ ๐๐ข๐ฃ๐ (๐๐ฒ๐ฟ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ฒ๐ ๐ผ๐ณ ๐ฃ๐ฟ๐ฎ๐ฐ๐๐ถ๐ฐ๐ฒ)
- CAs can now hold ๐๐๐ผ ๐๐ข๐ฃ๐:
โข One in India
โข One abroad (UK, Australia, Canada, New Zealand, etc.) - Earlier, this was not allowed to avoid conflict in RBI & CAG empanelments.
๐ฏ. ๐ฆ๐ฐ๐ผ๐ฝ๐ฒ ๐ผ๐ณ ๐ช๐ผ๐ฟ๐ธ ๐ถ๐ป ๐๐๐๐ง ๐๐ถ๐๐
- CAs can offer ๐๐ผ๐ผ๐ธ๐ธ๐ฒ๐ฒ๐ฝ๐ถ๐ป๐ด, ๐๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด, ๐ง๐ฎ๐ ๐ฎ๐๐ถ๐ผ๐ป & ๐๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐ฟ๐ถ๐บ๐ฒ (๐๐๐ง๐) ๐ฐ๐ผ๐บ๐ฝ๐น๐ถ๐ฎ๐ป๐ฐ๐ฒ ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ globally from GIFT IFSC.
๐ฐ. ๐๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ & ๐๐น๐ผ๐ฏ๐ฎ๐น ๐๐ป๐๐ฒ๐ด๐ฟ๐ฎ๐๐ถ๐ผ๐ป
- This move will create ๐ป๐ฒ๐ ๐ฒ๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐ ๐ผ๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐ in GIFT City.
- Strengthens Indiaโs role as a ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐ต๐๐ฏ ๐ณ๐ผ๐ฟ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฎ๐ป๐ฑ ๐ฎ๐ฐ๐ฐ๐ผ๐๐ป๐๐ถ๐ป๐ด ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐.
๐ ๐ช๐ต๐ ๐๐ ๐ ๐ฎ๐๐๐ฒ๐ฟ๐:
- India currently has ๐ฐ.๐ฑ ๐น๐ฎ๐ธ๐ต ๐๐๐.
- By ๐ฎ๐ฌ๐ฐ๐ณ, demand is expected to touch ๐ฏ๐ฌ ๐น๐ฎ๐ธ๐ต ๐๐๐.
- This reform ensures:
โ Growth opportunities for CA firms
โ Global expansion while retaining domestic practice
โ Stronger positioning of GIFT City as an international financial hub
This reform will be empowering CAs to practice globally, expand through GIFT City, and contribute to Indiaโs vision of becoming a ๐ด๐น๐ผ๐ฏ๐ฎ๐น ๐น๐ฒ๐ฎ๐ฑ๐ฒ๐ฟ ๐ถ๐ป ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐.
