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Vice-President, ICAI
CA. Naveen N. D. Gupta, Vice-President ICAI
2017-2018

A man of professional wisdom, vision and strong organisational skills with a firm belief in all-inclusive growth of Indian accountancy profession, CA.Naveen N. D. Gupta is the new Vice-President of The Institute of Chartered Accountants of India (ICAI) for the term of 2017-18. He has been elected Vice-President of ICAI by the 23rd Council of the Institute on 12th February 2017.

An all India Rank Holder and a member of the ICAI since 1996, CA. Naveen N. D. Gupta is widely commended and credited for his facilitating role in making the Income Disclosure Scheme, 2016 a success, in close coordination with the Government of India which was acknowledged by the Finance Minister through tweet.

CA. Naveen N. D. Gupta has always amazed his fellow members with his youthful and down-to-earth approach towards profession. A resident of New Delhi, CA. Gupta has been elected by for a straight third term of the Central Council of ICAI (2016-2019), the earlier terms being 2010-13 and 2013-16. As a Council Member, he has served the ICAI as Chairman of various committees including Direct Taxes Committee, Public Relations Committee; Committee on Economic, Commercial Laws & WTO, Peer Review Board; and Committee for Capacity Building of CA Firms and Small & Medium Practitioners. He has also been appreciated for his distinguished contribution as Vice-Chairman of Audit & Assurance Standard Board, Professional Development Committee, Internal Audit Standards Board, Continuing Professional Education Committee, and Board of Studies.

An articulate professional and contributor, he has effectively served the cause of accountancy profession as member of several ICAI committees during his tenure as Council Member so far, which include Disciplinary Committee (under Section 21B), Accounting Standards Board, Examination Committee, Committee on International Taxation, Expert Advisory Committee, and Committee on Public Finance & Government Accounting.

Known for his technical contribution in many subjects, he steered the drafting of IFRS compliant Schedule III to the Companies Act , 2013, Ind- AS compliant Schedule III for NBFC, Ind-AS -114 on Regulatory Deferral Accounts and Guidance Note on Accounting for Rate Regulated Activities as Convener. He was also Convener of ICAI Group to assess Impact on business of moving to New Finance Year for submitting suggestions to Acharya Panel of Government of India. He is also credited for initiating and starting two Certificate Courses on “Intellectual Property Rights” and “Anti Money Laundering Laws” for ICAI.

He represented ICAI in many important committees constituted by the Government Ministers/ Regulators and contributed important suggestions for the overall benefit of the economy. He represented ICAI on Committee for Preparation of Manual for the guidance of Official Liquidators of Ministry of Corporate Affairs (MCA), Bimal Jalan Report Implementation Technical Committee of MCA to advise Government of India on ownership and governance of Market Infrastructure Institutions (MII), Standing Committee on TDS, Central Board of Direct Taxes to advise Government of India on improving compliance of TDS provisions and also Member of high powered Group under Chairpersonship of Additional Secretary (Revenue) to make the legislative and administrative framework of the country more effective and capable of handling the new evolving threats to prevent money laundering including black money and shell companies and countering financing of terrorism.

Having multifarious skills, CA. Naveen ND Gupta has been widely commended for exhibiting professional brilliance at all assigned tasks and responsibilities at national as well as international levels. Towards enhancing branding and recognition at global arena he is instrumental in organising India – African Partnership: Conclave with Ambassadors / High Commissioners of African Continent Nations wherein representatives of various African countries have participated, and also organized Global Exhibition on Services which provided an effective platform to showcase Indian Accounting Profession. A proponent of putting Indian accountancy profession on global map, he has passionately represented the profession on international circuit at a number of global platforms including Committee on Harmonization of Fiscal & Tariff Regimes at South Asian Federation of Accountants, IFAC’s International Accounting Education Standards Board as an observer, International Congress of International Institute of Administrative Sciences, Mexico, Annual Congress of European Federation of Accountants & Auditors in Amsterdam, and Annual congress of Global Reporting Initiative in Amsterdam, WTO Public Forum at WTO Headquarters at Vienna.

Widely known for his professional acumen and technical expertise, CA. Gupta has addressed and contributed to numerous national and international seminars and conferences on the issues of professional interest.

As the Vice President of the ICAI, CA. Naveen N. D. Gupta is now the Vice-Chairman of all Standing Committees of the ICAI including Executive, Finance and Examination Committees, and the ex-officio Member of all Non-Standing Committees of the ICAI and Joint Editor of The Chartered Accountant journal. He is also Director on ICAI-Accounting Research Foundation and XBRL India.

     
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