ICAI signed pact with Invest India to promote foreign investment

0
80

The Institute of Chartered Accountants of India (ICAI) announced that it has signed a pact with Invest India to promote foreign investments in the country and Indian investments abroad. Invest India is a government agency that promotes and facilitates investment in the country.

The MoU was signed by ICAI President Naveen N D Gupta and Invest India MD and CEO Deepak Bagla. The objective of the MoU is to provide necessary guidance and advice to the potential inbound and outbound investors and promote India as an investment-friendly destination.

The objective of the MoU is to provide necessary guidance and advice to the potential inbound and outbound investors and promote India as an investment-friendly destination.

ICAI, after this initiative, will give necessary assistance to potential investors regarding accounting, taxation, legal, and advisory services and regulatory compliances for investments in India, through its members.

Further, the move will help in promoting initiatives including Startup India. It also aims to facilitate investment across the globe and create job opportunities.