CHAIRMAN'S COMMUNICATION

Kill tension before tension kills you.

Reach your goal before goal kicks you.

Live life before life leaves you.

Respected Senior and Dear Professional Colleagues,

The first rains had indeed broken the wrinkles on the faces of the farmers as well as mother earth both of who have been thirsty. The empty lakes, river beds, reservoirs, wells will once again be spilling with the joy of water. I hope that IMD predictions of a normal monsoon will be spot on. The rains will indeed be a great boost for our economy. The heat is also felt by many from other than the weather, with over 35 amendments introduced by the Finance Act, 2016 becoming effective from 1st June. With the 0.5% Krishi Kalyan Cess levy, the services are only to get pricier. The “Google tax” of 6% in the name of equalisation levy is just a starting point which may result in many payments getting covered eventually. There is some respite in the rationalisation of the TDS rates / threshold. A one-time window allowing people with undisclosed income in the country to come clean started from 1st June.

The month of June was hectic and fun filled with the various branch activities being conducted. The seminar on Listing of SME on 04th June was much appreciated and led to opening of new opportunities to the members. The Nashik Branch was honoured with the presence of Hon President CA Devrajja Reddy Sir, CCM & Chairman Direct Tax Committee CA Navin Gupta, CCM CA Prafulla Chhajed, CCM CA Dhiraj Khandelwal and CCM CA Mangesh Kinare for the National Conference held on 18th and 19th June and the same had been possible due to the efforts of CCM CA Anil Bhandari. We also take pride for inaugurating Past Chairman Gallery at Branch and additional students reading room in the heart of the city through the auspicious hands of Hon President. The air conditioned study room will have the capacity for 50 students at a time. Further, the much awaited RRC underwent smoothly and fun filled at Ahmedabad on 25th, 26th and 27th June. The participation of members with kids at Akshardham, Laser Show, Science City and Kankariya Lake had the joyous memories with us to carry for long time. It was immediately being followed by the celebration of CA day as a Cultural Event got overwhelming response by young members and students at Kavi Kalidas Mandir on 30th June which crossed the head count of 1500 numbers. The presence of Marathi actress Ms. Pooja Sawant was one of the main attractions in this event.

As we gear up ourselves to the hard working month of July, I appeal to the members for enthusiastic participation on CA Day (1st July) where the branch has planned various events like Flag Hoisting, Blood Donation Camp, Free Medical Check-up, Literacy Kit Distribution to unprivileged children. Box Cricket, the event which has been a great success in earlier year, is being held on 2nd and 3rd July, for where already the entries have been filled to maximum capacity. I appeal to all the members to actively participate for the same.

As I conclude, I share my deep condolence to the family of CA Mukul Katre for their loss. The loss of one of the CA member at such young age is a loss of the fraternity. I also wish to appeal to all hard working members to be committed to the health and well-being of ourselves, where we try working hard for our clients. The month of July as always will test our working skills and time management, however, let us spare some time in a day for our boy, mind and soul.

“To keep the body in good health is a duty; otherwise, we shall not be able to keep our mind.”

                                                                                                                                                                                                                Your Sincerely,                                                                                                    CA Ravi Rathi,                                                                                                        Chairman