PRESIDENT OF INDIA GRACES THE75TH FOUNDATION DAY CELEBRATIONSOF THE INSTITUTE OF CHARTEREDACCOUNTANTS OF INDIA.

New Delhi, 1.07.23 ( Pratyusha Bureau):The President of India, Smt Droupadi Murmu graced the 75th Foundation Day celebrations of the Institute of Chartered Accountants of India (ICAI) in New Delhi today (July 1, 2023). Speaking on the occasion, the President said that this is a special day not only for the CA community but also for the accounting and auditing profession. The Chartered Accountant community is one such strong pillar of the business sector which gives strength to good governance. She said that they have an important responsibility of reflecting the true health of the economy. Speaking about the increasing number of women Chartered Accountants in recent time, the President said that it is a well-known fact that women are generally skilled finance managers accountants. She added that household saving in India is a tradition and women have a habit of saving for tough times. She was happy to note that ICAI has started a “Financial and Tax Literacy” campaign for women. She said that this campaign is very beneficial for rural areas, especially for tribal areas as poor and innocent people are often deceived with the lure of high interest on savings in those areas. She expressed confidence that this campaign would save those people from such frauds. Pointing to the Vision 2030 Statement of ICAI, the President noted that this Statement resolves to strengthen the profession based on the international standards, transparency and ethics.