## Report on Amendment to the Cost and Works Accountants Regulations, 1959
**1. Executive Summary:**
This report analyzes an amendment to the Cost and Works Accountants Regulations, 1959, as published in the Gazette of India on April 25, 2025. The amendment, titled "Cost and Works Accountants Amendment Regulations, 2025," changes the reference to "Calcutta" to "Delhi" in regulation 89. This report details the background, rationale, and implications of this change. The key finding is that this amendment aligns the regulation with current nomenclature and administrative practices.
**2. Introduction:**
This report aims to provide a comprehensive overview of the amendment to the Cost and Works Accountants Regulations, 1959, published on April 25, 2025. The analysis is based solely on the provided policy text.
**3. Policy Overview:**
* **Original Policy:** Cost and Works Accountants Regulations, 1959.
* **Core Objective(s) (Inferred):** The original policy likely aims to regulate the profession of cost accountancy in India. The core objective of *this specific amendment*, inferred from the text, is to update the regulations to reflect current place names.
**4. Background and Rationale:**
* **Amendment Rationale:** The amendment addresses an outdated reference within the original regulations. The text mentions that "Calcutta has been renamed as Kolkata vide The West Bengal Capital City Change of Name Act, 2001". The amendment likely intends to modernize the regulations and remove outdated references. Although not explicitly stated in the immediate amendment text, it is reasonable to infer that "Calcutta" being replaced by "Delhi" indicates a potential shift in administrative responsibility or location relevant to the regulation being amended. This change implies a need for the regulation to reflect the current administrative reality.
**5. Key Provisions / Changes:**
* **Specific Part of Original Policy Changed:** Regulation 89 of the Cost and Works Accountants Regulations, 1959.
* **New Rule/Provision:** The word "Calcutta" is substituted with the word "Delhi".
* **Difference/Effect of the Change:** The change replaces the outdated reference to "Calcutta" with "Delhi". It's reasonable to infer this reflects a shift in the location or administrative function associated with Regulation 89. This change ensures the regulation reflects current place names, and potentially a more accurate location of function, avoiding confusion.
**6. Target Audience and Stakeholders:**
The target audience and stakeholders directly affected by *this specific change* include:
* The Institute of Cost Accountants of India.
* Cost Accountants governed by the regulations.
* The Central Government (as the amendment requires their approval).
* Potentially, any administrative body now located in Delhi that has a function related to Regulation 89.
**7. Implementation Aspects (Inferred):**
* **Responsible Agency/Bodies:** The Council of the Institute of Cost Accountants of India and the Central Government.
* **Timelines or Procedures:** The amendment came into force on the date of its publication in the Official Gazette (April 25, 2025).
* **Implementation Aspects related specifically to the changes:** The Institute is responsible for updating its records and procedures to reflect the change from "Calcutta" to "Delhi" in Regulation 89.
**8. Expected Outcomes / Impact of Changes:**
The likely intended outcome of this specific change is:
* Modernization of the regulation by using current place names.
* Clarity and reduced ambiguity for stakeholders interpreting and applying Regulation 89.
* A reflection of current administrative realities within the context of the regulation.
**9. Conclusion:**
The amendment to the Cost and Works Accountants Regulations, 1959, represents a minor but important update. The change from "Calcutta" to "Delhi" reflects updated location information and ensures the regulations remain current and relevant. This amendment, while seemingly simple, contributes to the overall accuracy and clarity of the regulatory framework governing cost accountancy in India.
Key Entities Referenced
Cost and Works Accountants Regulations, 1959: Regulations amended by the current notification.
Cost Accountants Act, 1959: Act of Parliament under which the regulations are made.
section 39: Section of the Cost Accountants Act, 1959 that provides the power to make regulations.
Gazette of India, Extraordinary, Part III, Section 4: Official government publication for notifications.
Council of the Institute: Governing body of The Institute of Cost Accountants of India.
Cost and Works Accountants Amendment Regulations, 2025: Title of the amended regulations.
The Institute of Cost Accountants of India: Statutory body under an Act of Parliament.
CWR12025: Notification number related to the amendment.
CWR1 2024: Notification number related to the previous draft regulation.
The West Bengal Capital City Change of Name Act, 2001: Act which renamed Calcutta as Kolkata.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-25042025-262695
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CG-DL-E-25042025-262695
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असाधारण
EXTRAORDINARY
भाग III—खण्ड 4
PART III—Section 4
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 314] नई ददल्ली, िक्रु िार, अप्रलै 25, 2025/ििै ाख 5, 1947
No. 314] NEW DELHI, FRIDAY, APRIL 25, 2025/VAISAKHA 5, 1947
भारतीय लागत लखे ाकार सस्ट्ं थान
(ससं द के अजधजनयम के अतं गतग साजं िजधक जनकाय)
अजधसचू ना
नई ददल्ली, 25 अप्रैल, 2025
फा. स.ं सीडब्लल्यआू र (1 ) /2025 .—िबदक लागत और संकमग लेखापाल जिजनयम, 1959 में और संिोधन करन े
के जलए प्रारुप जिजनयम, लागत लेखापाल अजधजनयम, 1959 (1959 का 23) की धारा 39 की उप-धारा (3) की अपेक्षा के
अनुसार, भारत के रािपत्र, असाधारण, भाग III, खंड 4, ददनांक 8 अक्टूबर, 2024 में अजधसूचना संख्या सीडब्लल्यूआर (1)
2024, ददनांक 7 अक्टूबर, 2024 द्वारा प्रकाजित दकए गए थ,े जिसमें उक्त अजधसूचना संबधी रािपत्र को िनता के जलए
उपलब्लध कराए िाने की तारीख से तीस ददनों की समाजि से पूिग, उससे प्रभाजित होने की संभािना िाले व्यजक्तयों से आपजिया ं
और सुझाि आमंजत्रत दकए गए थ;े
और िबदक उक्त रािपत्र की प्रजत 8 अक्टूबर, 2024 को िनता को उपलब्लध करा दी गई थी;
2761 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC.4]
और िबदक उक्त प्रारुप जिजनयमों पर िनता से प्राि आपजियों और सुझािों पर इंस्ट्टीट्यूट की पररषद द्वारा जिचार
दकया गया ह;ै
अब, अत:, लागत लेखापाल अजधजनयम, 1959 की धारा 39 की उप-धारा (1) द्वारा प्रदि िजक्तयों का प्रयोग करत े
हुए, पररषद, केंद्रीय सरकार के अनुमोदन से, लागत और संकमग लेखापाल जिजनयम, 1959 में और संिोधन करने के जलए
जनम्नजलजखत जिजनयम बनाती ह,ै अथागत:् -
1. (1) इस जिजनयमन को लागत और संकमग लेखापाल (संिोधन) जिजनयम, 2025 कहा िाएगा।
(2) ये िासकीय रािपत्र म ेंइसके प्रकािन की तारीख को प्रिृि होंगे।
2. लागत और संकम ग लेखापाल जिजनयम, 1959 म,ें जिजनयम 89 म,ें "कलकिा",* िब्लद के स्ट्थान पर "ददल्ली" िब्लद
प्रजतस्ट्थाजपत दकए िाएंगे।
डी. पी. नंदी, सजचि (कायगिाहक)
[जिज्ञापन-III/4/असा./46/2025-26]
नोट:- मलू जिजनयम भारत के रािपत्र, असाधारण, भाग III, खंड 4, तारीख 25 मई, 1959 म ें अजधसूचना संख्या 10(13)
इंस/59 तारीख 25 मई, 1959 द्वारा प्रकाजित दकए गए थ ेऔर अंजतम बार अजधसूचना संख्या सीडब्लल्यूआर (1) 2014,
तारीख 12 निंबर, 2014 द्वारा संिोजधत दकए गए थे।
*प म बंगाल रािधानी िहर (नाम पररितनग ) अजधजनयम, 2001 के तहत “कलकिा” का नाम पररिर्तगत करके
श्चि
“कोलकाता” कर ददया गया ह।ै
THE INSTITUTE OF COST ACCOUNTANTS OF INDIA
(Statutory Body under an Act of Parliament)
NOTIFICATION
New Delhi, the 25th April, 2025
F. No. CWR(1)/2025.—Whereas the draft Regulations further to amend the Cost and Works Accountants
Regulations, 1959, was published, as required by sub-section (3) of section 39 of the Cost Accountants Act, 1959
(23 of 1959), in the Gazette of India, Extraordinary, Part III, Section 4, dated the 8th October, 2024, vide notification
number CWR(1) 2024, dated the 7th October, 2024, inviting objections and suggestions from persons likely to be
affected thereby, before the expiry of thirty days from the date on which the said Gazette containing the notification was
made available to the public;
And whereas the copy of the said Gazette was made available to the public on the 8th October, 2024;
And whereas the objections and suggestions received from the public on the said draft regulations have been
considered by the Council of the Institute;
Now, therefore, in exercise of the powers conferred by sub-section (1) of section 39 of the Cost Accountants
Act, 1959, the Council, with the approval of the Central Government, hereby makes the following regulations further
to amend the Cost and Works Accountants Regulations, 1959, namely:-
1. (1) This regulation may be called the Cost and Works Accountants (Amendment) Regulations, 2025.
(2) They shall come into force on the date of its publication in the Official Gazette.[भाग III—खण् ड 4] भारत का रािपत्र : असाधारण 3
2. In the Cost and Works Accountants Regulations, 1959, in regulation 89, for the word “Calcutta”,* the word “Delhi”
shall be substituted.
D. P. NANDY, Secy. (OFFICIATING)
[ADVT.-III/4/Exty./46/2025-26]
Note:- The principal regulations were published in the Gazette of India, Extraordinary, Part III, Section 4, dated the
25th May, 1959 vide Notification Number 10 (13). Ins/59 dated the 25th May, 1959 and lastly amended vide
Notification Number CWR (1) 2014, dated the 12th November, 2014.
* The name “Calcutta” has been renamed as “Kolkata” vide The West Bengal Capital City (Change of Name) Act, 2001.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.