N. D. Gupta

Narain Dass Gupta is Member of Parliament Rajya Sabha from NCT of Delhi, practicing chartered accountant, and former president of the Institute of Chartered Accountants of India (ICAI). He is a financial policy expert who has written several books on taxation.

N. D. Gupta
Member of Parliament, Rajya Sabha
Incumbent
Assumed office 28 January 2018
Preceded by	Janardan Dwivedi
Constituency	National Capital Territory of Delhi
Personal details
Born	16 October 1945 Sonipat, British India
Nationality	Indian
Political party	Aam Aadmi Party
Spouse(s)	Veena Gupta(m 1971)
Education	Shri Ram College Of Commerce New Delhi,Birla Senior Secondary School New Delhi
Occupation	Member of Parliament Rajya Sabha

He is first Indian to be elected on the Board of International Federation of Accountants, U.S.A (a federation of 164 regulatory accounting bodies of 116 countries). He is an alumnus of prestigious educational institutions since passed B.Com (H) from Shri Ram College of Commerce, Delhi and was awarded Outstanding Alumni Award for outstanding achievement in his sphere of activity thereby bringing honor to his alma mater which was given by the then Prime Minister of India, Sh. Atal Bihari Vajpayee on 30 November 2001. Thorough Philanthropic to his core sharing the nation's concerns over the victims of the devastating Gujarat Earthquake that had shaken the country in January, 2001, mobilized generous support and help from professional colleague, a modest contribution of Rs. 51 lakhs was handed over to then Prime Minister of India, towards Prime Minister's National Relief Fund. He has passed his CA examinations with distinction.

Biography

Narain Dass Gupta was the President of Institute of Chartered Accountants of India(2001–02). He was the candidate of the Aam Aadmi Party for the Rajya Sabha. On 8 January 2018 he was elected unopposed.[1]

Early life

CA N D Gupta was born on 16 October 1945, the third of the seven children of Late Smt Fimo Devi and Sh Rameshwar Dass Gupta. His father Late Sh Rameshwar Dass Gupta was Sarpanch of Village Guhna,Sonipat District of Haryana. His Son CA Naveen N D Gupta has been The President of ICAI.

Positions in Regulatory & Governmental/Semi Governmental Authorities

• President: Institute of Chartered Accountants of India (ICAI), (2001–02)

• Board Member nominated by S.E.B.I. on the Board of Directors of Delhi Stock Exchange and elected by the Board as its Chairman (2003)

• Chairman, Group to identify gaps in compliance of Accounting Standards by Nationalized Banks constituted by the Reserve Bank of India (2002-2003).

• Member, National Advisory Committee on Accounting Standard (NACAS) constituted by the Ministry of Company Affairs, Government of India (2001).

• Board Member, International Accounting Standards Committee (IASC), U.K (2000) (presently known as International Accounting Standards Board)

• Board Member, International Federation of Accountants (IFAC), USA (2001-2004) (First Indian to be elected on the board of the International federation of the 164 regulatory accounting bodies of 116 countries)

• Board Member of Insurance Regulatory & Development Authority, Government of India (2001)

• Member, Working Group on Consolidated Accounting and Other Quantitative Methods to Facilitate Consolidated Supervision, Reserve Bank of India (2001). • Member, Central Direct Taxes Advisory Committee, Ministry of Finance, Government of India (2001).

• Member, Audit Advisory Board, Comptroller & Auditor General of India (2001)

• Member, Committee of Central Board of Direct Taxes, Ministry of Finance to revise and rationalize the Tax return Forms.

• Member, Sales-Tax Advisory Committee of Government of Delhi (2001-2003)

• Trustee, Bombay Port Trust under Ministry of Surface Transport, Government of India (1992-1996).

• Member, Technical Advisory Group of Ministry of Planning and Programme Implementation, Government of India (1996).

• Member, Group for Economic Survey of India, Ministry of Planning & Programme Implementation, Government of India (1996).

Positions held in Educational Bodies

• Chairman, Board of Governors, Motilal Nehru National Institute of Technology, MHRD, Government of India (since 2005- 2011)

• Member, Academic Council (Apex body), Guru Gobind Singh Indraprastha University, Govt. of Delhi (since 2005)

• President: Institute of Chartered Accountants of India (ICAI),(setup under Act of Parliament) (2001–02)

• Member, Governing Body of Deen Dayal Upadhyay College, Delhi University (2001-2003)

• Vice-President: Institute of Chartered Accountants of India (ICAI) (2000–01)

• Chairman: ICAI- Accounting Research Foundation (2001–02)

• Member, Advisory Board for Post-Graduate Diploma in Internal Audit and Management Control Systems by Department of Commerce, Delhi School of Economics, Delhi University (1988)

Books Authored and Articles contributed

• First in India, book on "Indian Accounting Standards IFRS, US GAAP Comparison" published by LexisNexis Butterworths, U.K., authored in 2005.

• Authored Articles & Papers in Professional Journal "The Chartered Accountant":

- Future After Withdrawal of Sec. 10(20A)

- Transformation from Accounting to Management – Indian Perspective

- Governmental Accounting – A Re-examination

- Governmental Accounting Standards - Perspective

- Enterprise Governance & Risk Management

- Insurance – A Booming Professional Opportunity

- Networking

• Editor-in-Chief of the ICAI's journal, "The Chartered Accountant" (2001 - 2002).

Paper Writer and Keynote Speaker in National / International Meets

• Conference of the Government Finance Officers’ Association (GFOA) of United States and Canada, Philadelphia, Pennsylvania, USA, 2001

• Meeting of Board representatives of IASC at Tokyo & London, 2000

• World Congress of Accountants at Berlin, Germany, 1991

• World Congress of Accountants in Hong Kong 2002

• Conference by Confederation of Asian and Pacific Accountants (CAPA) at New Delhi and Macau

• Conference organised by South Asian Federation of Accountants (SAFA) at Pakistan, Bangladesh and Sri Lanka

• IFAC Assembly meeting at Edinburgh, U.K. (2002)

• Participated in several National conferences, Continuing Professional Education

Landmark contributions highlighting Administrative capabilities

• As President of ICAI initiated dialogue and entered into MOU: • The Institute of Chartered Accountants in England & Wales for moving towards mutual recognition of professional qualification and collaboration in areas such as professional development and CPE.

• The American Institute of Certified Public Accountants for collaboration in areas including product innovation and development, development of the Extensible Business Reporting Language project, sharing of technical documentation and expertise, collaborating in CPE, webtrust etc.

• The Institute of Chartered Accountants of Pakistan for closer cooperation in different areas including accounting standards for urban and local self-government bodies, CPE and exchange of students.

• The Institute of Chartered Accountants of Bangladesh for closer cooperation in different areas including accounting standards for urban and local self-government bodies, CPE and exchange of students.

• The Institute of Chartered Accountants of Sri Lanka for closer cooperation in different areas including accounting standards for urban and local self-government bodies, CPE and exchange of students.

• The Institute of Certified Public Accountants of China for closer cooperation in different areas including accounting standards for urban and local self-government bodies, CPE and exchange of students.

• M/s Infosys Technologies Limited, an Indian IT giant for conducting of research work in the fields of accounting and auditing and award of Ph.D. Degree by Guru Gobind Singh Indraprastha University, Delhi.

• The Administrative Staff College of India, Hyderabad for establishment of a Centre of Excellence for providing specialized knowledge and skills in different areas to professional Chartered Accountants as well as corporate and government managers and executives.

References

1. https://timesofindia.indiatimes.com/india/aap-makes-an-entry-into-rajya-sabha-with-three-mps/articleshow/62416813.cms