Chairman's Communique Jan-2017


Chairman's Communique . . .

Dear professional friends,

Hon'ble Prime Minister Shri. Narendra Modi aptly made a remark that CA profession can be compared with that of Doctors. Doctors take care of human health, but we CAs take care of societal health paving way for the economic well-being of our great nation.

I am very happy to say that we Bangalore Branch conducted innumerable programmes on topics of professional interest safeguarding the interest of our profession in the year 2016 with the unstinted support of my colleagues in the managing committee and all my professional friends. 2016 year has come to an end. As we welcome 2017, I take this opportunity to wish you and your family a happy, peaceful and prosperous new year 2017.

We all know that every now and then, numerous changes are taking place in different areas of service and we should be able to turn these changes into opportunities. Therefore, let the year 2017 be an empowering and rewarding year for us and let us put in all our efforts to materialise this dream.

The month that was - Dec 2016

We are aware that implementation of GST Law in the month of April 2017, enable India to compete globally paving way for further economic growth and development of our great nation. To have a smooth transition, as per the guidelines of IDT Committee, ICAI and all the branches and Regional offices are conducting programmes on GST Law. Jan 2017 has been declared as GST month by ICAI. I am very much pleased to say that we Bangalore Branch is very proactive in this respect and many programmes were conducted on GST to make our members to know more about GST Law. The two day conference “GST: Parivarthan – Embracing the Change” was organised by Bangalore Branch on 17th & 18th Dec 2016 and it was a resounding success.

UTKARSH - National Convention for CA students – Elevation to excellence was very well received by the student delegates. Around 1600 students across the country attended the event. We have to appreciate Chairman – SICASA CA Raveendra S Kore, team of student volunteers for their efforts to ensure that no stone is left unturned to make this event a grand success. As a whole, December was an eventful month with lot of activities which was a real value addition to Members and students.

The Month ahead - Jan 2017:

The first ever Technology Summit with the theme: Adapting Disruptive Digital Technologies CAs- leading the change is being organised by Bangalore Branch on 7th Jan 2017 at Hotel Chancery Pavilion inviting leading exponents of Technology as paper presenters which I am sure will add great value to the Members attending the Conference.

As per the guidelines of IDT Committee, ICAI, 8 day Workshop on GST will be conducted from 16th Jan to 25th Jan 2017 to make our Members to know more about the various issues pertaining to GST, the details of which are given elsewhere in this newsletter. Schedule will be uploaded in Bangalore Branch website very soon. 

As the days go by, in this competitive global business scenario, we have to continuously strengthen our esteemed CA profession. ICAI is always very keen in its effort to maintain the quality of our profession. Hence a one day Seminar on “Young Member Empowerment” is being organised by YMEC of ICAI and hosted by Bangalore Branch of SIRC of ICAI on Friday 27th Jan 2017 at Bangalore Branch for the benefit of Members, mainly about the challenging opportunities to be made use of especially by young CAs.

I deem it a pleasure to inform you that as an annual feature of Bangalore Branch, a special awareness programme: Analysis of Union Budget 2017 will be conducted on 2nd Feb 2017 at Christ University Auditorium, for the benefit of Members, students and the public at large.

Thereafter on 10th & 11th Feb 2017 Clause by Clause Discussion on Union Budget 2017 on Direct & Indirect Taxes also will be held, by our eminent and eloquent Resource persons.

Further I would like to inform you that the compliance of CPE hours for members has been extended up to 31st Jan 2017 by CPE Committee, ICAI.

While once again wishing all my professional friends an empowering and rewarding year 2017 and Happy Makara Sankranti Festival, I appeal all of you to attend the programmes in large numbers and get benefited.

With warm regards

CA. Pampanna B.E