My affectionate brothers & sisters in the profession,
I feel it a very blissful blessing to journeying with all of you and its a wonderful experience in life. Comparatively our Federation has been indisputably doing well on all fronts as far as the aspect of achieving excellence in knowledge, ethics & principles which is of course possible only because of the friendly & family sense co-operation. Friends as stated in our earlier message, the much awaited 122nd Constitutional (Amendment) Bill, 2015 has been cleared by the Upper House of the Indian Parliament clearing the decks for introduction of GST regime in our country, whose success would definitely depend upon various factors. Though it’s a political decision still it’s potential impact on Indian economy as well as individual financial tolerance coupled with financial welfare will have to withstand test of times. Nevertheless as professionals in order to show that we are always equally & competitively competent with everyone on the globe, we require to equip ourselves in all respects in which direction we will activate all our zones to undertake study circle meetings every month at all places especially rural or moffusil places to enable the tax practitioner brethren to enrich their professional knowhow & legal acumen. So let all of us be ready to travel with the sovereign as also the society at large & participate in the needed reforms.
Dr. M. V. K. Moorthy.