Bharat and BCAS – The March Towards a Centenary

It is heartening to note that on 6th July, 2024, BCAS will complete 75 years. Even the CA profession in India is completing 75 years, as ICAI was established on 1st July, 1949. Two years back, India or Bharat completed its 75 years of independence. Therefore, the theme for this special issue is “Bharat and BCAS March Towards Centenary”. At the Government level, the period of 25 years from the 75th anniversary to the 100th anniversary is regarded as an “Amrit Kaal”, with the objective of “Viksit Bharat” which means “Developed India”.

With the above theme in mind, this issue of the Journal contains thought-provoking articles on important aspects of India by leading domain experts in the fields of Law and Judiciary, Education, etc. I hope that the thoughts expressed here will help set India on the road map towards becoming Viksit Bharat.

Turning to 75 years of the CA Profession and looking to the future, we can say that we have a glorious past, are witnessing a difficult present but are hopeful of a bright future. The entire world is passing through a tumultuous transition, and the CA Profession is no exception. Disruptive technologies, disruptive ideas and expectations rule the world. Let us look at two traditional core areas of CA practice: Audit and Taxation. Both these areas of practice have undergone significant changes, which are contin