CHAIRMAN'S MESSAGE

Dear Professional Colleagues,

Greetings,

உவப்பத் தலைக்கூடி உள்ளப் பிரிதல்
அனைத்தே புலவர் தொழில்.

 As I pen down this communication for the month of Nov 2017 edition, I am sure that lot of members would have breathed a sigh of relief after the Tax Audit season.  Members ,who have just come out of a  very hectic tax audit season , will now find time to unwind and relax with their family members.

It is my privilege to update the readers on some significant developments that took place over last one month:

The results of the most awaited “1st Batch on ‘Certificate Course on GST” has been declared finally. Kudos to all the Members who have been declared successful in this examination.

Ours is a profession that requires constant upgradation in knowledge  as well as learning and unlearning of topics and techniques.  In this endeavour, we have conducted few study circle meetings during the month of Oct 2017.

Study Circle Meeting on “Filing of GST Returns and Recent Council decisions”  was Conducted on 14.10.2017 .It was very well received by Members . We sincerely thank  CA J Balasubramanian  Sir and CA G Saravana Kumar who have taken time off from their office to share their expertise in this meeting.

Study circle meeting on “Reporting of ICDS in form  No -3CD and Analysis of Section 145A & ICDS II” was conducted on 07.10.2017. I convey my sincere thanks to the Speaker CA Ramamoorthy who have shared his rich knowledge and enriched the members with his presentation.

Kendra vidyalaya has approached us to conduct Parliamentary set up Programme and ICAI has given permission to conduct the programme in our branch premises. Member of Parliament , who addressed the aforesaid programme has promised us to resolve the property tax issue. And Kendra vidyalaya students have very well received about our CA awareness programme.

 

Forthcoming events :

Madurai Branch of SIRC of ICAI  has planned to conduct sports events for members during Dec 2 nd week.

As you are aware that National convention for students  is being organized  by SICASA of MBSIRC of ICAI on Dec 30th & 31st at Raja Muthiah Hall. All the members are requested to disseminate the information to your articled assistants and nominate your articled assistants for this mega conference.  I thank CA Daniel Selvaraj, Coordinator of this conference for his sincere efforts.

As you would have by now realized that the activities of the branch have been synchronized and planned from the beginning of my term as Chairman , and we are conducting all the events in line with our Action Plan.

Finally , I would like to conclude with a quote of Swami Vivekananda “Arise, Awake and Stop not till the Goal is Achieved”  which inspires us to continue in our pursuit till we achieve the goals.

So dear members, let us set our goals high and march towards a prosperous future….

  • Seminars / Workshops / Refresher Courses
  • GST
  • Mega carrier guidance program for students
  • An International family tour for members
  • MBSIRC Website & E - Court

The success of the CA is primarily in updating knowledge. This is for our survival and also for proving excellence.

In the light of this understanding, I have made it a point to run refresher courses, workshops, seminars and conferences on topics of professional interest with a view to help the members keep themselves abreast of the development in the fast changing scenario. This is in addition to the regular CPE Programto be held every Saturday and these sessions will be handled by renowned experts from various fields. Feedback and follow-up of these sessions will be done periodically.

Our prime focus is to deal with the current developments of our profession of which the most important stress will be on GST. As far as India is concerned this is a new step towards taxation and this situation demands a thorough understanding of GST and how it is being worked out at various levels. This in turn requires an in-depth study and further related auditing system as well as our practicing system.

We, Chartered Accountants, should be in a position to offer our suggestions for regulating, stabilizing and exercising the GST law for the benefit of all. For this we need to have a research oriented mind towards analyzing taxation in terms of future possibilities.

I mean to say that our expertise in GST will go a long way in shaping our traditional practice in to accepting the new trends. If we have the proper expertise in these new trends, we will be in a position to consolidate our position as MUCH-WANTED CAs.

For achieving the required expertise, our branch will invite experts of GST law to enlighten us over a period of time. We plan to conduct exclusive seminars in GST throughout this year and an eight-day workshop jointly with indirect tax committee of ICAI. The study group, which we have formed for this purpose, may help us to sharpen our knowledge and we shall make it function more effectively. We also plan to identify experts from our branch and showcase their talents in various forums of other branches, not only in southern region but also in other regions of ICAI. This will help us to promote the recognition of Madurai branch and also the resource persons representing our branch

As a first of its kind, in Madurai I propose that we organize a Mega Carrier guidance program for more than one thousand college students to motivate them to choose chartered accountancy as their carrier choice.

To create a strong and healthy bonding among members, I propose that we come together as a family and go on an International family tour in the month of November2017. As a preliminary to the foreign tour, we shall hold a Passport Mela for our members in our branch itself to facilitate easy and quick process of securing the passport. And we shall initiate an easy installment plan for the tour cost. We also plan to go on short tours to a nearby location and hold a Residential Seminar as well.

With the efforts of Branch IT committee, we have been able to launch our own Revamped Website. I congratulate you all for this accomplishment. This website has been designed to meet the proactive approach adopted by our Institute and shall provide a complete access to its members and students.

As a first time in our branch, Two weeks back we organized to hold a camp court in our branch premises, to achieve the next level in connection with we shall put very strong efforts to establish E-ITAT court at our ICAI bhawan with all your morel support. As the president of ICAI rightly suggested, we shall maximize technology, use and create paperless office to conserve natural resources.

In addition to these we have planned various innovative programs for members and students for this year and I will share with you such programs from time to time. I invite suggestions from all of you to make every program and event a grand success. As the saying goes, coming together is beginning, keeping together is progress and working together is success.

All our efforts are basically on an ongoing process. That means we have to try our level best to reach the ultimate. Until then we will not rest. That is why the theme for this year becomes a driving force. The theme is “Striving for Excellence” 

Our slogan for attending meetings and events shall be “On time Every-time” and our slogan for all our proceedings shall be “First Things First.”
Therefore, I appeal all of you to be punctual and methodological in all our endeavor.

Dear colleagues, I am quite confident that your involvement in various initiatives of the branch will give me inspiration to put in more energy and to take the profession to new heights. This is a joint effort. I seek your support and enterprising ideas to translate the dream into reality.

Let me conclude with these words…
“success is no accident.it is hard work, perseverance, learning, studying, sacrifice and most of all , love of what you are doing or learning to do.”Come on friends, let us achieve further success and mark our significants.

Regards,
CA R Jegadeesh
Chairman, Madurai Branch of SIRC of ICAI
04546 254234,254254 | 0452 2640968
+91 94433 84627
caranajegadeesh@gmail.com | madurai-icai.org
ICAI Bhawan, Old Natham Road, Visalakshipuram, Madurai-625 007.