Hyderabad, May 23 -- Bharat Rashtra Samiti (BRS) Working President KTR on Saturday said that Chartered Accountants (CAs) play a crucial role in India's economic development and termed them the backbone of the country's financial progress, stating that their role has expanded beyond tax compliance into strategic business strengthening and nation-building.

Speaking as the chief guest at the Institute of Chartered Accountants of India (ICAI) Convocation held at the Anvaya Convention in Hyderabad, KTR said the growing complexity of modern taxation systems and the rapid rise of startups have made Chartered Accountants indispensable for both private enterprises and government development programmes.

"The role of CAs will increase further in f...