News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax | PPE Safety Kit SITRA Approved | PPE Safety Kit
Service Tax »
 All digital Income Tax refunds: Govt disbursed Rs 62,361 crore as direct tax refunds in April-June
 How to claim income tax deduction for investments made in April - July 2020
 Home loan moratorium can affect tax benefits
 Income Tax Saving options: Invest in these schemes to save money in last minute
 Wish to save tax? Invest in these schemes before June 30
 Companies will have to reverse tax credit availed on goods destroyed due to Covid-19 lockdown
  Online property tax payment finally gaining ground in city
  Here's how income tax is calculated on your salary
 SBI cuts lending rates, India's tax-GDP ratio falls and more
 Income tax return forms for FY 2020-21 notified
 Deadline extension: A golden opportunity for PPF, SSY investors, but not so glittering for tax savers

GST, a challenge and opportunity for accounting professionals
October, 22nd 2016

Introduction of Goods and Services Tax (GST) is a challenge and opportunity for the chartered accountants, according to M Venkaiah Naidu, Minister of Urban Development, Housing & Urban Poverty Alleviation and Information & Broadcasting.

He was speaking at the inaugural session of the ICAI International Conference ‘Jnana Yagna’ held here on Saturday.

The accounting professionals should get ready for making change over to GST a smooth affair. “This is a huge opportunity for all of you to be partners in the progress of our nation,” he said.

India was the fastest growing economy in the world, he said adding that the pace of economic growth is going to even further pick up with various initiatives being taken to enhance the ease of doing business.

The ICAI was striving to align our accounting practices with the International Financial Reporting Standards, he lauded.

Home | About Us | Terms and Conditions | Contact Us | PPE Kit SITRA Approved | PPE Safety Kit
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting