![]() Finance Minister, day by day government is taking steps to simplify tax compliances, to simplify returns, to reduce dependency on experts, etc. Earlier, around 5K CAs were clearing per annum but in the past 1-2 years, it has been seen that around 30K candidates are becoming CA on yearly basis.īased on the latest budget speech by Hon. of candidates clearing CA Final examination is increasing day by day. But now a days, even after clearing CA exam, people are thinking what's next? Why such a change in perception?Īs per the records, no. They are blaming the institute (ICAI) that they are discriminating among CAs by publishing ranks.Įarlier, clearing CA itself was enough to live the life in a financially sound manner. Of Attempts and Rank either by prospective employee or employer. I have seen a few posts today wherein people are blaming that it is discrimination in the field of Chartered Accountancy to mention No. All the benefits are there for Small and Micro enterprises, then what is the requirements of certifying Medium Enterprises?īusiness of MSME must be encouraged but that should not be at the cost of other corporates and other fraudulent persons who claims to be MSME but they are not.Īfter every announcement/relaxations, compliance part should also be looked after by the government in the same manner. ![]() Along with that notification, one more notification should also be issued that all the existing registered person must renew their certificate qualifying revised limits.ģ. ![]() Govt has recently revised the definition of MSME. Even though the enterprise is no longer MSME, they continue to get benefit of the sameĢ. Once certificate is issued, they are not revalidated after certain period. There is no validity in the certificates issued to MSME enterprises. It was really good concept by the government to push the business of small enterprises and grow them for achieving #MakeinIndia objective.īut as every coin has 2 sides, con's side should also be looked after:ġ. #MSME requirements #smesector #justathoughtĪlthough MSMED Act was enacted in 2006, the government is concentrating a lot on the same since couple of years. won't serve the purpose as the same is not governed by ICAI and degree of CA is not pre qualification criteria. It might increase the chances that society will get "Knowledgeable CAs".ĭegrees of CMA, CFA, etc. It might also solve the issue of employers who wants CAs with good knowledge of specialized needy areas. It might solve the issue of discrimination based on marks and attempts. Why there should not be degrees like CA with Income Tax, CA with GST, CA with IndAS, etc in addition to CA? Looking at the bulk no of passed out CAs, diversification of job requirements of CA and decreasing trend of good job opportunities, Why the same cannot be applicable in the field of Chartered Accountancy also? (The same diversification is there in the field of engineers) Generally, the one who has done only MBBS course earns lower money and respect than other doctors comparatively. #AUTOMIZE HON SKIN#But there should always be healthy comparison which inspires to do better.ĭifferent Doctors have specialization in different skills like ENT specialist, skin specialist, Cardiologist, Dentist, Orthopaedic, Oncologist, etc. I have often heard comparison between CAs and Doctors especially on 1st July. Ministry needs to wake up its alarming, media needs to report its for our own citizen & country energy security ![]() ![]() How far it is sutainableĥ) Fabricated news of only Rs.10-12 loss is just " the tip of the iceberg" All private refiner are diverting most of their petroleum supplies out of country to make profit, other oil companies are reducing supplies since they cant sustain such heavy losses.Ĭompanies like IndianOil Corporation (energy of India)ġ) Borrowing heavilly at higher cost to maintaining supply of energy productĢ) Importing petroleum product at high prices to compansate reduced supplies by privite refiner and other OMCs (transportation & other elements which includes transportation, risk, international energy market changes has increased cost at many fold)ģ) Buying from private refiner at International market cost (who are not willing to sale petroleum product at Indian retail cost in our indian market) & selling same product to out citizens at loss.Ĥ) Unfortunately none is reporting correct picture of such companies which are keeping citizen first approach. ![]()
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