President’s Message | July 2024
My dear KSCAA members,
It is a pleasure to reconnect with you through this monthly newsletter.
After general election, the newly formed Government brings with it a sense of hope and anticipation for the future. The vision of “Viksit Bharat” encompasses aspirations for growth, innovation, and inclusive development. Having a woman as the Finance Minister for a consecutive term is a remarkable achievement, reflecting the progress towards gender equality and empowerment in leadership roles.
July is exceptionally burdensome for our members due to Income Tax and GST deadlines. Additionally, CBIC issued 16 GST circulars in a single day, demanding in-depth study and interpretation. Furthermore, the upcoming Budget may introduce new changes to the taxation laws.
This edition will encapsulate the achievements and progress made over the past 11 months of my term. As we look ahead, I am pleased to inform you that our Annual General Meeting is scheduled for 12th August 2024. This AGM will provide us with an opportunity to review and reflect on our accomplishments and set the stage for the future endeavors of our association. I request all members to participate actively in the AGM and contribute to the discussions that will shape the path forward for our esteemed association.
I was delighted to be part of the CA Day 2024 celebration, representing KSCAA at the event organized by Tally Solutions Pvt Ltd. The topic, “Navigating the Future of Chartered Accountancy: Embracing AI, Tech Innovation, and Skilling,” allowed me to express my views on collaboration and networking, resonating with this year’s theme, “Recraft Yourself.”
Events at KSCAA:
- Representation committee submitted 5 representations during the month of June:
- DGTS, CBIC,BZU organised a webinar in association with KSCAA on GST Registration and maintenance of records.
- The Corporate and allied laws committee organised a webinar on New Labour
Stay updated on our programs by following us on WhatsApp and visiting our website.
Let me conclude with a key takeaway from India’s T20 World Cup. The triumph exemplified how effective leadership skills like decisiveness, understanding team strengths, analytical thinking, empathy, and team building could contribute to success.
Thank you
Best Regards,
CA G Sujatha | President