CA Manish Goyal
Dear professional colleagues,
This October we had a chance to celebrate and wish many of our friends and well-wishers Happy Festivities. Statutory obligations in the form of Tax Audit have though taken a toll on many of our professionals, however opinions differ, but the underlining statement is that we have lived up to the challenges of change and would continue to do so inspite of all the pressure and deadlines.
I am sure that you would have celebrated Diwali in the true spirit of the festival. Diwali is referred to as the “Festival of Lights” where the lights or lamps signify victory of good over the evils within every human being. This has a great significance for all human beings and more so for the members of our esteemed profession. We professionals face the delicate dilemma of meeting the current needs of business entities and yet adhering to established ethical values. The duet is the same compared to facing these challenges with short-term objectives while giving due regards to ethical values and the spirit of law. As Chartered Accountants we have always followed the path of Justice and it is imperative that in these days of troubled times we stick to our traditional path with renewed commitment. With this positive outlook of the future, we also counsel our clients and business leaders in these tough times. In this scenario if there is a profession, which can lead the World, it is our profession. As members of ICAI, it should be possible for us to advise business leaders and ensure that the flag of our beloved Institute keeps flying aloft.
We at the Regional Council and also at Institute are all aware that under what immense stress and pressure, our professionals must be busy with their assignments for the Tax Audit Returns in this new GST regime and even with the due extension of date, it has become near to impossible to complete the tasks even after burning the midnight oil. Taking cognizance of the same EIRC has given its representation to the Central Council to take up case appropriately, however full relief though not granted, we have received some breather and hope we can complete our tasks by due date. At the same time let us always remember that “God helps those who help themselves” To recall our plight, may we quote the famous saying :-
“Life is not easy for any of us. But what of that? We must have perseverance and above all confidence in ourselves. We must believe that we are gifted for something, and that this thing, at whatever cost, must be attained.” — Marie Curie
There have been quite a few upgradations as far as technology is concerned. The EIRC Mobile App is coming up with new updates on a regular basis. The EIRC website has been refurnished and more updates are lined up soon. These would be a step solution to all member queries in the future. In this light, we are happy to introduce a new number 90519-30000 for sharing information and important updates about EIRC & ICAI. I urge upon the members to kindly store this number on their mobile so as to enable us connect with you at ease.
Networking and connecting with fellow members in very crucial in this era and the biggest opportunity for the same is just around the corner. The annual biggest event of the region, the 42nd Regional Conference, scheduled on 22nd & 23rd December 2017 is expected to have a plethora of intellectual minds to come together and share their wisdom and experiences. The preparations of the same are at its brim. The theme for the Conference is ‘Transcending Transformation’. The Theme is about gearing up oneself to face the upcoming challenges, in spite of all odds, move forward, prove your mettle and thereby adapting to deal with a new situation. We urge upon the members to block their diaries for this mega event and join hands to make it a grand success.
My column would not be complete without a single advise and suggestion for my dear students i.e., you all must develop one important ingredient in your life whether personal or professional. The final examinations are approaching. Your hard work and dedication will surely reap the success of your earnest efforts. May I state that we develop our character through experiences of trial. It is through our experiences, we gain. Wish you all the best for your Examinations. Our vision gets cleared, ambition inspired and we achieve success. Hard work, perseverance and struggle prepare us to welcome success. Remember, the finest steel comes out of the hottest furnace. A winner is not one who never fails, but one who never quits.
To reiterate and also for myself, we have to understand that “Excellence” is something, which is necessary in today’s world, more than Perfection. “Perfection” makes you reach even the goal which otherwise would never have been reachable. Excellence is a journey which always takes you onward and onward and I personally believe that, excellence in every sphere in what one should always attempt to achieve.
With Warm Regards