The Chandigarh Chapter of NIRC of Institute of Company Secretaries of India(ICSI) along with Chandigarh-Panchkula Chapter of the ICWAI & PHD Chamber of Commerce and Industry held seminar on Budget,2011 at PHD House, Sector -31, Chandigarh. Mrs. Sudha Sharma, IRS, Former Director General, Income Tax and Shri H.K. Thakur, Commissioner, Central Excise & Service tax were the Chief Guest. Shri Atul Gandhi, CA, Executive Director, KPMG and Shri Harpreet Singh, CA, Associate Director, KPMG were the key Speakers. Shri Mukesh Sharma, Chairman of the Chandigarh Chapter of ICSI introduced the topic and welcomed the Chief Guests and the Speakers.The Speakers explained the highlights of the Budget along with the macro analysis of economic policies of the country. The current and future scenario of the Indian economy viz. the Global economy was discussed. It was noted that Budget might not help the “Aam Aadmi”, but if the features were studied thoroughly, one can feel it as a “growth oriented Budget”, which gives a road map for the GST and DTC. There are many changes in the service tax regarding point of taxation, accrual method of paying service tax, so to bring it in line with GST provisions have been appreciated in general.
It was an interactive seminar and the participants shared their views with the learned speakers by seeking various clarifications.
The seminar was attended by more than 150 professionals. Shri Puneet Abrol, Shri K.V.Singal, Ms. Meena Rohila were also present.