Dear respected fellow members in the Federation and the learned brothers and sisters in the profession.
Once again I am before all of you after a glorious, ever recollectable and a milestone performance of AIFTP’s 40th Year Foundation Day Programme at Pune on 11-11-2016. The successful journey of the Federation for the past 4 decades has been capsuled for the preservation of the future generation in the form of a document film as well as in a book of history of the Federation, in which all efforts were taken to depict the march of the Federation in several aspects. It is a wonderful experience for the Federation and to me as functioning President to felicitate all our elder predecessors in office as Presidents, Secretaries General, Vice-Presidents and Zone Chairmen, Treasurers and National Executive Committee members. Thus by felicitating all its family member serving the Federation for the past 4 decades, the Federation has felt that it has felicitated itself. Several publications authored by our members were also released. Thus the foundation programme is a house celebrated programme for the sweet memories of the Federation.
As you are all aware the ensuing National Convention at Delhi would also be a great successful one as the efforts for achieving great success are underway and it is hoped that more than 700 participants would attend Convention. Finally the Federation at the National level would certainly be successful in its endeavours to fulfil the wish and desire of the Tax Practitioners for their inclusion in GST Regime for certification or verification of the compliance return. We once again renew our appeal to all our members to renew their subscription for the journal which is a legal voice of the Federation that would benefit the members at large as in GST regime updating knowledge improvement of professional standards to compete with other professional counterparts and to satisfy clientele in serving them.
The Federation as a Apex Professional body extends its full support to the policies of the NDA Government in containing the menace of black money and its adversarial effects on Indian economy. Demonetisation of big notes is really a very firm, decisive and bold step in the rejuvenation of the financial scenario of the country. We from the side of the Federation as a responsible professional organisation, once again suggest to the Government to have the date of validity printed on the currency denomination of whatsoever nature, so that people will not tend to stack or park in unknown places either in country or elsewhere. If the validity date is printed, the value of the currency notes after such date will be nil. This sort of safeguard would take care of all evils. We also simultaneously appeal to the Government to see that public at large are not inconvenienced and appropriate steps may please be initiated for redressal of immediate difficulties and grievances.
Hoping to see you all on 2nd December at Delhi in the 19th National Convention.
Dr. M. V. K. Moorthy