https://www.youtube.com/watch?v=1XRpuL2K_rw PM Modi launches the New Chartered Accountancy Course Curriculum
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He called chartered accountants a "big pillar" of the Indian economy and urged them to bring technological innovations to meet global standards.
Addressing CAs at an event organised by the Institute of Chartered Accountants of India (ICAI), Modi sai ..
We will always remember how the community of professionals took a lead during the freedom struggle of India: PM @narendramodi
Like the lawyers did during the freedom struggle, I urge the CAs to take the lead in the journey towards India's economic growth: PM
Govt will take tough action against blackmoney hoarders, not concerned about political implications: PM Modi
In a hard-hitting message to black money hoarders, the Prime Minister told the gathering that if they know anyone with black money, warn them that they would not be spared.
By: Express Web Desk | New Delhi | Updated: July 1, 2017 8:06 pm
A day after launching India’s biggest ever tax reform since Independence, the Goods and Services Tax (GST), Prime Minister Narendra Modi warned black money hoarders that they will face more difficulties when Switzerland begins automatic information exchange with India in two years. “Government is committed to more tough action against firms helping in hiding blackmoney; we are not concerned about political implications,” said PM Modi. Speaking on the Foundation Day of Institute of Chartered Accountants of India, the Prime Minister sent out a clear message to CAs: “Chartered accountants have a big responsibility to ensure that society’s economic health remains good. Just like doctors don’t want people to be ill to get more business, CAs too need to safeguard society’s economic health.”
In a hard-hitting message to black money hoarders, the Prime Minister told the gathering that if they know anyone with black money, warn them that they would not be spared. He also pointed to the latest figures of Swiss banks to indicate the government’s steps to check black money. “Impact of our steps to check is clear from latest figures of Swiss banks, where Indians’ money has dipped to record low: If you know anyone with black money , warn them that they would not be spared,” said PM Modi.
Taking a strong stand against corruption in the country, PM Modi said, “A country where a select few loot, such a nation cannot scale new heights. These select few never want the nation to grow. Those who have looted the poor will have to give back what they have looted.” The Prime Minister also sought to draw focus on the government’s strict action against shell firms who indulged in dubious dealings. “Post-demonetisation, data mining shows that over 3 lakh registered companies indulged in suspected dealings. Government has cancelled registration of over 1 lakh companies and more than 37,000 shell firms have been identified for strong action.”
http://indianexpress.com/article/india/narendra-modi-blackmoney-gst-chartered-accountants-of-india-4730946/
Registeration of 1 lakh cos cancelled, 37,000 shell firms identified: Modi
Modi said that it was a bitter truth that only 32 lakh Indians have declared over Rs 10 lakh income
BS Web Team | New Delhi July 1, 2017 Last Updated at 20:17 IST
Prime Minister Narendra Modi today said that the government is committed to more tough action against firms helping in hiding black money and added that registration of 1 lakh companies have been cancelled while 37,000 shell firms have been identified for strong action. He also pointed to the latest figures of Swiss banks to indicate the government’s steps to check black money.
Speaking about tax evasion that has taken a huge toll on the economy, PM Modi said that it was a bitter truth that only 32 lakh Indians have declared over Rs 10 lakh income, despite crores in high-end professions.
Speaking about tax evasion that has taken a huge toll on the economy, PM Modi said that it was a bitter truth that only 32 lakh Indians have declared over Rs 10 lakh income, despite crores in high-end professions.
"Data mining to track the black money began on November 8, when demonetisation was announced. We haven't made this data public or questioned anyone yet. But we found as many as 3 lakh registered companies whose activities came under suspicion," he said.
Addressing CAs at an event organised by the Institute of Chartered Accountants of India (ICAI), Modi said "You (CAs) take care of the economic health of the country and you are famous world over for your knowledge and financial skills. You are a big pillar of the Indian economy."
In a hard-hitting message to black money hoarders, the Prime Minister told the gathering that if they know anyone with black money, warn them that they would not be spared.
Modi said it was a good coinci ence that July 1 was the foundation day of ICAI and the launch day of the Goods and Services Tax (GST) regime.
Modi launched a new CA course at the event.
"I am hopeful the new course will boost the financial skills of people joining this profession. We need to develop a dynamic system in our institutions and human resources to meet the global benchmarks and requirements," Modi said.
"We will have to see how we can bring technology in the CA field. If chartered accountant firms think of technological innovation, new software, it will open a new market for you."
http://www.business-standard.com/article/economy-policy/registration-of-1-lakh-cos-cancelled-37-000-shell-firms-identified-modi-117070100707_1.html
NEW DELHI: Speaking on Foundation Day of Institute of Chartered Accountants of India, Prime Minister Narendra Modi today said that the government is committed to more tough action against firms helping in hiding black money. He called chartered accountants a "big pillar" of the Indian economy and urged them to bring technological innovations to meet global standards.
Addressing CAs at an event organised by the Institute of Chartered Accountants of India (ICAI), Modi sai ..
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