N. D. Gupta
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Narain Dass Gupta is an Indian Politician and chartered accountant who is serving as member of parliament Rajya Sabha from NCT of Delhi and previously served as the president of
Institute of Chartered Accountants of India The Institute of Chartered Accountants of India, Abbreviation, abbreviated as ICAI, is India's largest professional accounting body under the administrative control of Ministry of Corporate Affairs, Government of India. It was established on ...
(ICAI). He is a financial policy expert who has written several books on taxation. 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 passed B.Com (H) from
Shri Ram College of Commerce Shri Ram College of Commerce (SRCC) is an Indian higher education institution in the fields of commerce, economics and business management. A constituent college of the University of Delhi, it was founded in 1926 by seven leading businessmen na ...
,
Delhi University The Delhi University (DU, ISO 15919, ISO: ), also and officially known as the University of Delhi, is a collegiate university, collegiate research university, research Central university (India), central university located in Delhi, India. It ...
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.


Positions as member of parliament, Rajya Sabha (2018–24)

• Chairman : Parliamentary Standing Committee on Information & Communication Technology Management in Rajya Sabha • Member : Parliamentary Standing Committee on Petroleum & Natural Gas • Member : Parliamentary Standing Committee on Energy • Member : House Committee Rajya Sabha • Member : Parliamentary Consultative Committee of Commerce & Industry • Member : Standing Committee on Rules • Member : General Purposes Committee


Positions held

Narain Dass Gupta has been elected 2 times as
Rajya Sabha Rajya Sabha (Council of States) is the upper house of the Parliament of India and functions as the institutional representation of India’s federal units — the states and union territories.https://rajyasabha.nic.in/ It is a key component o ...
MP.


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 The Aam Aadmi Party (AAP, ) is a List of political parties in India, political party in India. It was founded on 26 November 2012 by Arvind Kejriwal and his then-companions, following the 2011 Indian anti-corruption movement against then gover ...
for the
Rajya Sabha Rajya Sabha (Council of States) is the upper house of the Parliament of India and functions as the institutional representation of India’s federal units — the states and union territories.https://rajyasabha.nic.in/ It is a key component o ...
. On 8 January 2018 he was elected unopposed. He was renominated for his second term in Council of States by Aam Aadmi Party on 5 January 2024 and declared elected unopposed on 12 January 2024. He was the second member of parliament in Rajya Sabha to take oath in the New Parliament Chamber inaugurated by Hon'ble Prime Minister of India Shri Narendra Modi.


Early life

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


Positions in Regulatory & Governmental/Semi Governmental Authorities

• Trustee : National Pension Fund System, Pension Fund Regulatory & Development Authority ( 2015–2017) • President: Institute of Chartered Accountants of India (ICAI), (2001–02) • Vice President: Institute of Chartered Accountants of India (ICAI), (2000–01) • Chairman, Group to identify gaps and implement Accounting Standards in Banks constituted by the Reserve Bank of India (2002–2003). • Board Member of Insurance Regulatory & Development Authority, Government of India (2001–2002) • Board Member, International Accounting Standards Committee (IASC), UK (2000–2001) (presently known as International Accounting Standards Board) • Board Member, International Federation of Accountants (IFAC), USA ( 2001–2004) • Member, National Advisory Committee on Accounting Standard (NACAS) constituted by the Ministry of Company Affairs, Government of India (2001–2002). • 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 (1996–98) & (2002–2004) • Member, Working Group on Consolidated Accounting and Other Quantitative Methods to Facilitate Consolidated Supervision, Reserve Bank of India (2001–2002). • Member, Central Direct Taxes Advisory Committee, Ministry of Finance, Government of India (2001–2002). • Member, Audit Advisory Board, Comptroller & Auditor General of India (2001–2002) • 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 (1996–1997). • Member, Group for Economic Survey of India, Ministry of Planning & Programme Implementation, Government of India (1996–1997).


Positions held in Educational Bodies

• Chairman, Board of Governors, Motilal Nehru National Institute of Technology, MHRD, Government of India (2005–2011) • Member, Academic Council (Apex body), Guru Gobind Singh Indraprastha University, Govt. of Delhi (2005–2008) • President: Institute of Chartered Accountants of India (ICAI) (2001–02) • Member, Governing Body of Deen Dayal Upadhyay College, Delhi University (2001–2003) • 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, International Accounting Standards Committee (IASC), U.K (2000) (presently known as International Accounting Standards Board) • 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 (1988–1992)


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).


References

{{DEFAULTSORT:Gupta, N. D. 1945 births Living people Aam Aadmi Party politicians from Delhi Rajya Sabha members from Delhi Rajya Sabha members from Aam Aadmi Party