After their completion of multi-skill and massage training for one year and 6 months respectively, it is time for the 15 trainees at B. A to show their fullest potential.
President's Message - January - Share this page: May happiness, peace and prosperity never abandon you and your loved ones! May the New Year bring loads of cheers and keep you free from all worries and fears! May your lives be filled with hope, joy and blessings! ICAI will soon complete the 70th year of its meaningful existence with excellence, anchoring the aspirations and bringing inclusive growth for its stakeholders ever since inception.
Registering a strong presence in India as well as globally, Indian Chartered Accountants have carved out a niche professional standing for themselves contributing to the economies across the globe. With its accounting, auditing, education and ethical standards compliant and benchmarked with the best global standards and practices, ICAI has been producing cutting-edge and competent professionals.
Scaling the heights of professional excellence, ICAI and Tarun gupta profession today is the trustee of public accountability and interest in the country. While Tarun gupta is crucial to work for future, it is equally important to know our past and heritage. We must connect to our roots in order to understand where we stand today and where we would be tomorrow.
Accountancy profession of today is duty-bound to be of relevance and continued value while being on path of a transitional journey to be always remembered as the driver of national economic growth. It has been and would remain a relentless pursuit for our continued contribution to the jurisdictions where we professionally exist.
We must keep intact the trust put in us by society through our professional endeavours in the fields of accounting, auditing, taxation, internal audit, financial reporting, forensic audit, government accounting, valuation, insolvency, compliance audit, forex and treasury management, ERP implementation, systems audit, and so on.
Now, let me brief on some of the significant developments in accountancy profession over the last one month: Elections are one of the most powerful nonviolent tools of democracy. Basically, you vote for your rights, your freedoms and your interests. When voters put their values into their votes, they help the state achieve democracy at governance level and reiterate the commitment to democratic virtues.
Elections to 24th Central Council and 23rd Regional Councils were held successfully on 7th and 8th December, across notified polling booths.
However, polling at 8 notified polling booths in Hyderabad had to be postponed owing to the conduct of general elections to the Legislative Assembly of Telangana at the said identified booths on 7th December Polling at these booths was also conducted on 14thth December A total of candidates, including 83 for Central Council and for Regional Councils, have contested in the elections.
Counting of votes for election to Central and Regional Councils commenced concurrently from 19th December at all respective Regions.
Results of Central Council Declared: By the time this communication goes into print, the results of elections to 23rd Regional Councils would also have been declared. As while it is win for some and loss for some, it is always win for democracy.
I congratulate all the elected members and sincerely hope that they will take our dear profession to greater heights.
At the moment, I take this opportunity to extend my best wishes to all of them.
Further, as you know, this year Women Leadership Committee has been formed at SAFA with the objective to formulate and implement plans, policies and programmes for the development of women professional accountants of the SAARC region and ICAI has been given the responsibility of chairing this newly-formed Committee in its first year.
I am happy to inform that SAFA Board after reviewing the good performance of this Committee in last three months has decided to extend the term of Chair of the Women Leadership Committee for two more years, i. ICAI had also highlighted this issue and submitted a representation on 4th Decemberrequesting for an extension of the due date.
A representation towards permitting the availment of input tax credit under GST pertaining to the financial year till 31st December had been submitted in October and a follow-up representation to this effect was made in November Let me tell you that ICAI had submitted a representation in this regard.
Payment through single-tax ledger, rationalisation of interest calculation, and single authority for refund disbursement are key changes that have been approved in this meeting. You may visit www. To establish mutual cooperation between the two institutions for offering and co-hosting of open-enrolment and customised training programmes exclusively for Chartered Accountants, the MoU will benefit the Chartered Accountants in acquiring management and other relevant skills, and help them in achieving leadership positions in the contemporary digital and business environment.
This will add a new dimension to the field of accounting and management education in the country. Zaware and Central Council member CA.
Dhinal Shah, among others, were also present.Bottomline. Simply put, diners club black credit card saves you 33% on most of your travel & shopping expenses and that being said, its a dream of every credit card holder in India to own this card.
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