Western India Regional Council of
The Institute of Chartered Accountants Of India

Chairman's Communication

Chairman WIRC

Respected Members,
Warm greetings for a Happy and Prosperous 2019. This year promises landmark and progressive changes for us as we welcome the new era and the developments it brings.

2018 also marked the end of the term of the Councils i.e., the change of guard at our apex. ICAI Elections were conducted pan-India and I am pleased to state that the electoral process was well-conducted and concluded smoothly. I compliment members – both in practice and in industry – for their support to this system.

The novel concept of decentralised counting of votes was well appreciated as it saved time and resources, while at the same time many members were able to witness this unique process. I take this opportunity to thank our Hon'ble President CA. Naveen N. D. Gupta and Vice President CA Prafulla Chhajed for their support and encouragement in the new initiative and the overall conduct of our elections at the highest standards possible. the remarkable efforts put in by our Officers and staff was commendable and I appreciate all the efforts put in by everyone to make the entire electoral process a complete success. Here, I also take the opportunity to wish our future leaders all the success for their endeavours and they can be rest assured of our support in every initiative.

We continue to make regular representations and have interactions with the GST Council. We take pride that both proactive bodies continue to work on the same page i.e., towards the systematic development and progress of the nation. Our interactions are landmark indicators of our ever enhancing professional Excellence, Independence and Integrity which is our proud ethos and which we continue to embrace.

The esteemed GST Council has time and again considered our inputs towards the processes to be made easier, less cumbersome and simplified. The efforts to reduce the number of varied rates has already begun and in the near future we will witness a GST which is, in reality, One nation One tax and may be, very soon - One rate. Looking at the overall grid, we can give full marks to the Government for their constant efforts towards fine tuning their landmark reforms for the betterment of all.

It was an honour to meet Mr. Othmar Hardegger, Hon’ble Consul General of Switzerland, Mumbai. He was briefed on the progress India has made towards the ease of doing business across sectors. He was pleased and happy with India’s current socio-economic progress and assured that in the near future the constructive partnerships, conducive to mutual economic growth between Switzerland and India, would increase. This meeting was also a positive networking event, with an enthusiastic delegation of Swiss and Indian entrepreneurs.

It is important to realise that interactions and networking with other professionals are critical for our own growth. Henceforth, let us attend events & seminars with the goal of meeting new people to build a stronger base of professional contacts.

The preparations for the forthcoming budget are progressing steadily and we have put forth our pre-budget recommendations to the Central and State Governments. These professional insights will go far in cementing our commitment towards Nation Building.

We are speedily implementing and executing our plans for taking the education of our students to the next level. 2019 will also see the steady implementation of our new course curriculum, which has received sincere appreciation from all. At the same time, our increased focus on reaching out to colleges and schools is helping to create a clear mandate for pursuing our curriculum.

As we draw open the curtains for 2019, we are once again enthused to make new resolutions in every arena for the upcoming year. Let us move forward by learning from our actions in the past year while making positive resolutions for the year in prospect. Along with my esteemed members in the Council, I pray for good health and prosperity on the professional and personal front for all our members and students. I also extend best wishes to our students for the ensuing results of our exams.

With Best Wishes,
CA. Sandeep K.C. Jain
Chairman

 

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