A Registered Valuer is certified under IBBI to value one or more specific asset classes. A Chartered Engineer is certified to assess technical and engineering matters including asset condition and remaining life. A Registered Valuer under the Income Tax Act, 2025 (Section 514), commonly called an Income Tax Valuer, is registered specifically under that Act for tax purposes such as capital gains valuation. These are the three real designations in Indian valuation; there is no single official credential called “Government Approved Valuer” or “Government Registered Valuer,” despite how often the phrase is searched. Axium Valuation Services holds IBBI Registered Valuer status (Land & Building and Plant & Machinery, under Entity Registration IBBI/RV-E/04/2021/144), and Axium's partners individually hold Chartered Engineer and Income Tax Valuer status.
Certified under IBBI, authorised to value assets in one or more of three defined classes: Land & Building, Plant & Machinery, or Securities & Financial Assets. Required under Section 247 of the Companies Act 2013 and IBC proceedings. Registration is class-specific.
Certifies technical and engineering matters: asset condition, remaining useful life, and replacement cost estimation. Complements, rather than replaces, a Registered Valuer's certified valuation opinion, particularly for plant and machinery.
Registered under the Income Tax Act, 2025 (Section 514) for the department's own statutory purposes, most commonly capital gains valuations. A separate designation from IBBI registration.
| Credential | Issuing body | What it authorises |
|---|---|---|
| Registered Valuer | Insolvency and Bankruptcy Board of India (IBBI) | Valuation of a specific asset class under the Companies Act and IBC |
| Chartered Engineer | Institution of Engineers or equivalent professional body | Technical assessment of engineering assets, condition, remaining life, replacement cost |
| Income Tax Valuer (Section 514) | Income Tax Department | Valuation for Income Tax Act purposes, e.g. capital gains valuation |
The purpose of the valuation determines which credential is actually required, and the requirement varies by lender, department and asset type. See our dedicated pages on what an IBBI Registered Valuer is and Chartered Engineer & Valuer credentials for more detail on each.
There is no single official designation called "Government Approved Valuer." A Registered Valuer is certified under IBBI for specific asset classes; the credential people usually mean by "government approved" is Income Tax Valuer (formally, Registered Valuer under the Income Tax Act, 2025, Section 514), a separate department-specific registration.
Yes, the two credentials are independent and can both be held by the same professional; Axium's partners hold both.
This varies by lender and asset type; IBBI Registered Valuer status covers the statutory basis most banks recognize for Land & Building and Plant & Machinery collateral.
Not always. The purpose of the valuation determines which credential is actually required; a firm holding multiple credentials can often handle overlapping requirements under one assignment.
Have questions first? Call +91-8939-891329
Not ready yet? Browse our Resources for guides on IBBI registration and fee schedules.