It gives me immense pleasure to communicate with you again with the festive season around starting with Mahashivratri and followed by Dev Deepavali.
Friends, I am sure we must have completed our Tax Audit work within the recently concluded due date and must be busy with our deadlines relating to filing of GST Audit and Income Tax Returns.
Friends, Our Honorable Finance Minister Smt. Nirmala Sitharaman presented her Budget in the Parliament on 1st February, 2022. Kindly join me in congratulating her for presenting a dynamic budget which will ensure reforms and development and not falling to the Political pressures on account of the impending elections. The announcement of the introduction of India’s own digital currency is a welcome move and the provisions relating to taxation of digital assets would certainly put all speculations relating to the same to rest.
I would also like inform that as per the International Monetory Fund’s World Economic Outlook Update for January, 2022 India’s GDP has grown at the rate of 9% in 2021 as against -7.3% in 2020 and it has further projected a growth of 9% for 2022 and 7.1% in 2023, making India the fastest growing economy in the world surpassing China. It is a good opportunity for the professional brethren to expand our areas of practise in view of the positive economic outlook.
I had the occasion to connect personally with the Office Bearers at the recently concluded Budget Analysis session cum felicitation hosted by the Eastern Zone. I am glad that all the zones are doing their best in conducting local seminars both physically and virtually and have ensured imparting of continuous education to our members as is the motto of our Federation.
The First NTC with NEC is proposed to be held in Kolkata on 26th and 27th February, 2022 along with a Ganga Sagar Tour, The East Zone Chairman, Mr. Sanjeev Anwar and Conference chairman Mr. Achintya Bhhatacharya and Conference Secretary Mr. Vivek Agarwal along with the Eastern Zone team have put in their best efforts to make it successful and I have also been informed that the response as far as registration goes is also tremendous. I look forward to meeting you at Kolkata.
The Second NTC with NEC is proposed to be held at Surat in April, 2022, the details will be shared shortly by the Western Zone team lead by Mr. Mitish Modi, Chairman, Western Zone. The International Tour Committee led by Mr. Sanjay Kumar is also actively working on finalising a venue and the tour schedule and the Tour would tentatively be held in May or June, 2022.
I once again wish that you all enjoy a good festive season and join us in celebrating “AZADI KA AMRIT MAHOTSAV”
With Best Wishes
D. K. Gandhi
National President, AIFTP