CHARTERED ACCOUNTANTS ARE ARCHITECTS OF ECONOMY: LOK SABHA SPEAKER
IN SPITE OF DIFFICULTIES, 'ONE NATION ONE TAX' SYSTEM HAS BEEN IMPLEMENTED IN NATIONAL INTEREST: LOK SABHA SPEAKER
CHARTERED ACCOUNTANTS ARE NATION'S FINANCIAL GUIDE: LOK SABHA SPEAKER
LOK SABHA SPEAKER PRESIDES OVER NATIONAL TAX CONVENTION ORGANISED BY ICAI
Kota 02 July 2021: Lok Sabha Speaker Shri Om Birla presided over the National Tax Convention organized by the Central India Regional Council (CIRC) of the Institute of Chartered Accountants of India (ICAI) organized here today. At the outset, Shri Birla congratulated Chartered Accountants on the recent occasion of Chartered Accountants Day which is observed on July 1 every year. Shri Birla commended the ICAI and all its members and affiliates for their outstanding professionalism, dedication and service to the nation.
Shri Birla said that Chartered Accountants work towards economic development of the nation and play a key role in bringing transparency in the economy. Lauding the role of Chartered Accountants as the architects of the economy and nation's financial guide, Shri Birla said that they have made an immense contribution to nation building.
Speaking about the nation’s taxation system, Shri Birla said that Chartered Accountants are the guardians of the nation's economy. He also observed that in spite of difficulties, the 'One Nation One Tax' system has been implemented in national interest and chartered accountants play an important role in this.
Referring to the outstanding service and dedication of Chartered Accountants during the difficult time of the global pandemic, Shri Birla said that despite the damage caused to the economy by the COVID pandemic, they worked diligently to strengthen our economy once again.
He appealed to Chartered Accountants to ensure that the administration of companies is as per the law and that they perform their financial duties in an ethical manner. Observing that chartered accountants are specialists in financial matters, Shri Birla urged them to use their professional skills for the development and prosperity of the nation. He hoped that they continue to be in touch with public representatives and share their knowledge and experience with them. He said that such an interaction will help lawmakers to make an effective contribution towards the enactment of laws in the economic and financial area. He observed that this will, in turn make our taxation system more transparent and uncomplicated for taxpayers and help in economic growth and employment generation in the country.
Shri Birla underlined that under the leadership of Hon'ble Prime Minister Shri Narendra Modi the government has taken many important steps for the economic development of the country. He added that the nation is moving forward with a vision of Reform, Perform and Transform. Shri Birla took the opportunity to appeal to the ICAI to collaborate with the government in its efforts to establish and develop small scale industries in rural areas.
He observed that ICAI has been making outstanding contributions in strengthening our economy, trade and industries. Shri Birla also said that the ICAI has provided the right advice and guidance to the taxpayer, while on the other hand it has also contributed towards the development of new industries and businesses within the country.