Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: form 3cd :: VAT RATES :: VAT Audit :: list of goods taxed at 4% :: TDS :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ACCOUNTING STANDARDS :: empanelment :: cpt :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
ICAI »
 Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration
 Exposure Draft of Transfers of Investment Property, Amendments to Ind AS 40, Investment Property
 Next batch of the Certificate Course on Valuation at Delhi/Noida from 22nd April, 2017.
 Supplementary Notification of Common Proficiency Test scheduled to be held on 18th June, 2017 (Sunday).
 Regarding Inviting application by MCA for filling of 12 posts of Technical Member in National Company Law Tribunal under Section 408 of the Companies Act, 2013
  Certificate Course on Forex and Treasury Management - forthcoming batches at Mumbai, Chennai & Noida.
 Constitution of Group for formulating the Detailed Action Plan - Ministry of Corporate Affairs
 CPE Events 20th March - 25th March 2017
 Invitation for contributions to Question Bank in respect of Information System Audit-(Assessment Test (ISA-AT) (New Syllabus)
 Reconstitution of Group for Rohini Land at Delhi
 Group to review the Terms of Reference of Infrastructure Development Committee

Gujarat CM kicks off golden jubilee celebration of ICAI's Ahmedabad branch
July, 03rd 2012

Kicking off the golden jubilee celebration of Institute of Chartered Accountant of India's (ICAI) Ahmedabad branch today Chief Minister Narendra Modi said that chartered accountants are capable of putting a stop to corruption and black money. They should come out for fulfill their obligation towards the nation and bringing transparency in the economy.

The Ahmedabad branch of ICAI has at present about 5000 members. Congratulating the Ahmedabad branch for completion of 50 years Chief Minister said that realization of the true potential of chartered accountants (CA) can bring a huge change in nation's economy. He underscored the importance of CAs' role in financial management and economic discipline.

Chief Minister said that there was a time when the number of CAs was very less. At present there are around 10,000 CAs in Gujarat but, he said, considering the growth of Gujarat, about 25,000 more CAs will be added in near future. The demand for CA will keep growing in coming years, he said.

Mr. Modi said that it has become an established truth that Gujarat means growth'. The total volume of all the past 11 five year plans was two lakh thirty thousand crore, while the volume of 12th five year plan alone is two lakh fifty one thousand crore. But how those with negative mentality could see this difference, he questioned.

Speaking about qualitative change that occurred in plan and non-plan expenditure during past ten years Chief Minister said that earlier in 2001 non-plan expenditure was double than the plan expenditure. While today the plan expenditure of Gujarat is 65% against the non-plan expenditure of 35%. Gujarat has become a revenue-surplus state out of a revenue-deficit state. From past twenty years, entire nation is struggling to achieve an agriculture growth rate of 4%, but it has only managed to reach a rate of mere 2.5% on average. While in the midst of the periods of draught Gujarat has continuously achieved an agricultural growth rate of around 11%. The once loss-making PSU companies of power sector have been turned into profit-making companies.

When the nation and the world was stuck in financial turmoil, Gujarat challenged the recession by organizing Vibrant Gujarat Global Investors' Summit in 2009 and attracted investments worth billions. In the times of recession if India will serve as a market for other countries, it will not survive from the downturn. This nation of 120 crore people has a potential to make other countries as its markets. The made in India' products with zero manufacturing defect will enable us capturing world markets, he said.

About 65% of nation's total population is comprised of youths below 35 year of age. The youth of India has potential to compete with China if they are provided proper training of various skills. Gujarat government has chalked out about 976 vocational courses which are based on various skills that a man required during his lifetime from birth to death.

Mr. Modi suggested the CAs to undertake a study on Gujarat's Mission Mangalam project which is aimed at the empowerment of poor rural women.

During last decade, Gujarat's power generation capacity has increased from 4600 mw to 20,000 mw. Gujarat has also chalked out policy for optimum use of natural resources for power generation. Gujarat alone has capacity to contribute about 700 mw of solar power in country's total solar power generation. The project of Delhi-Mumbai industrial corridor alone will make Gujarat as India's gateway of prosperity. Gujarat will need a huge number of CAs to serve its rapid growth, he said.

Chairman of the branch Jainik Vakil and CAs in large number were present on the occasion.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - We Bring IT. Offshore software outsourcing company. We use Global Delivery Model (GDM) and believe in Follow The Sun principle

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions