ICAI

Number of UDINs generated has crossed the one million mark – ICAI President

Number of UDINs generated has crossed the one million mark – ICAI President

ICAI President, in his recent message has stated that the number of UDINs generated has crossed the one million mark in the mid 2nd phase.

It is well known that ICAI has made the Unique Document Identification Number (UDIN) mandatory for all the certificates issued by Chartered Accountants in the 3 phases.

UDIN will be made mandatory under 3rd and final phase for all attest and assurance functions from 1st July 2019, 

He has expressed hope that  the development in IT scenario, will enhance the scope of CA professionals too considering their expertise in information system audit.

According to the ICAI President, opportunities for CA professionals are increasing and these may be ceremoniously tapped, provided we accept our times and the paradigm shift in profession as its essential feature.

He has stressed that to be future-ready, CAs will have to re-invent and upgrade ourselves in tune with the challenges from the economy of the country as well as that of the globe.

Complete text of message can be accessed at Click Here >>

Share

Recent Posts

  • Income Tax

Increased exemption limit of Rs. 25 lakhs for Leave Encashment is retrospective – ITAT

ITAT allows benefit of increased exemption limit of Rs. 25 lakhs for Leave Encashment u/s 10(10AA)(ii) In a recent judgment,…

13 hours ago
  • Income Tax

Relief u/s 89(1) available even if arrears received on Voluntary Retirement

Relief u/s 89(1) available even when arrears were received in addition to compensation for Voluntary Retirement - ITAT In a…

19 hours ago
  • RTI

Husband’s income details can not be disclosed to wife under RTI Act

Husband’s income details can not be disclosed to wife under RTI Act being his personal information – High Court In…

2 days ago
  • Companies Act

ABCAUS Excel Depreciation Calculator FY 2025-26 under Companies Act 2013 -Download

ABCAUS Excel Depreciation Calculator FY 2025-26 under Companies Act 2013 as per Schedule-II Version 05.05 The maiden ABCAUS Excel Companies…

2 days ago
  • RBI

Distribution of portfolios of RBI Deputy Governors w.e.f. 04.05.2026

Distribution of portfolios of RBI Deputy Governors w.e.f. 04.05.2026 on assumption of charge by Shri Rohit Jain Shri Rohit Jain…

2 days ago
  • Income Tax

Merely twofold increase in share prices no reason to doubt or disbelieve the transaction

Merely because share prices doubled, it may not have given rise to any doubt to disbelieve the transaction – High…

3 days ago