Chartered Accountant, Valuation and Insolvency Professional. Trained 10k+ CA Students. TNBJP State VP Thinker’s Cell. Treasurer @ Chennai Citizens Forum
Apr 17, 2022 • 5 tweets • 1 min read
In the year 2002 - 2004 under the leadership of GN Bajpai, SEBI introduced Corporatisation of all Stock Exchanges. BSE / NSE etc all become a separate listed company. Public can hold its shares, Traded in other SE except on its own platform.
During 2005-2008 Capital Issue Guidelines, including provision on misuse of P-Notes was introduced when Shri Damodaran was it's Chairman.
International best practices introduced in revamping Capital issue Guidelines, notably reducing timelines for IPO, ASBA during Bhave's period.
Apr 17, 2022 • 9 tweets • 4 min read
The Securities and Exchange board of India, namely SEBI formed on 4th April 1992 by the enactment of SEBI Act, 1992.
It made great initiatives in regulating Brokers, and other market Intermediaries. Contributions of Shri Dave, Chairman of erstwhile CCI who played a crucial role in setting up the office in Mumbai is commendable
Jan 24, 2021 • 11 tweets • 3 min read
How FDI us beneficial:
Assume there are 40 individuals in an island. They have no outside connection. They start business and trade among themselves. The existing money will keep rotating in the small economy.
Now to increase the size of the economy, we need new money, new ideas and new skills flowing into the island. This is done through FDI. FDI inflow supplements domestic capital, as well as technology and skills of existing companies.
Ex: Kia Motors invests Rs. 400 crores in India
Jan 23, 2021 • 4 tweets • 2 min read
@RahulGandhi
Claimed today in his speech in tamilnadu MSMEs that he will raise issues when in opposition:
Congress leader Rahul Gandhi has not attended a single meeting of the Parliamentary Standing Committee on Defence since its formation as part of the 17th Lok Sabha last year
In fact, BJP has 44 names among the top 50 MPs with highest attendance. Congress,on the other hand, has zero.According to PRS india, in 2014-19, No.of questions raised by RG=0. He has participated in 14 debates in total as against National Avg of 67 debates & UPs MP avg of 109.
Dec 29, 2020 • 6 tweets • 3 min read
Dear @IncomeTaxIndia
While we are thankful for the timely update, request you not to compare two inappropriate data & give false impression. 1.Tax Audit due date for FY 1819 is 31st Oct. 2. Non tax audit due date for FY 1819 was extended to Sept. @nsitharaman
2/4 3. With the data like 2.45 crs ITR 1 returns, can you give how many took advantage of new tax scheme and benefitted useful for public to appreciate.
4. Can you also share how much tax amount collected. How many paid online. How many manually through banks?
Sep 30, 2020 • 5 tweets • 3 min read
@cbic_india@nsitharaman@FinMinIndia@narendramodi
While we respect your process, making a last minute announcement, not sure you are going to do one, you are not showing lessons to CAs, you are disrespecting the tax payers of the country.
Due to corono/ while MCA takes a stand to extend the AGM time limit, understanding the difficulty in completing the audit, the Ministry Officials are still contemplating is there any difficulty at all , is the way we can assume things.
Jan 20, 2020 • 4 tweets • 4 min read
Coverage of pgm on CAA by Media at Chennai.Chennai Citizens'Forum
At the Chennai Citizens' Forum's India China relation event. Precursor to Mamallapuram visit of Hpn PM Mr Modi and Hon President Republic of China Xi Jinping.
Sep 24, 2019 • 4 tweets • 2 min read
Good opportunity to give presentation on Analysis if Financial Statements for the Gst Audit officers of madurai #of
Dec 9, 2015 • 4 tweets • 2 min read
@nsitharaman request to consider extn of adv tax due 15thDec for TN.Many small Businesses require immediate funds for restoration of damages
@nsitharaman request you again to consider extension of Advance Tax payment for the state of Tamilnadu
