National CA Day 2025: Why ICAI was set up in 1949 to regulate India’s accounting profession — all you need to know

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India celebrated the 76th National Chartered Accountants Day on July 1, 2025, commemorating the ICAI's founding. CAs were recognized for their crucial role in upholding transparency and fiscal discipline within India's financial systems. The ICAI, established in 1949, has become a globally recognized body, shaping fiscal policy and promoting sound accounting practices.