Times of India | Tamil Nadu should offset Tasmac revenue loss through industrial growth: Speakers at Coimbatore Tax Summit

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Tamil Nadu should offset the fiscal shortfall caused by closing Tasmac liquor outlets by fast‑tracking industrial development and drawing large‑scale investment, said speakers at the inaugural session of the two‑day “IPO and Tax Summit 2026” in Coimbatore. Organized by the Bombay Chartered Accountants’ Society and the Auditors’ Association of Southern India, the summit gathered entrepreneurs, chartered accountants, tax experts and startup founders, who highlighted Coimbatore’s rise as one of India’s quickest‑growing entrepreneurial hubs with strong manufacturing, engineering, textile, healthcare, export, IT and startup sectors. They urged companies—especially MSMEs and family‑run businesses—to pursue structured growth, institutional funding, governance reforms and IPO opportunities, noting that awareness of FEMA, GST and other tax regulations is now essential. While welcoming the closure of Tasmac outlets, the speakers stressed that the ensuing revenue loss can be compensated through intensified industrial activity and a focus on strengthening the state’s industrial base rather than expanding welfare schemes.

Read more: https://timesofindia.indiatimes.com/city/coimbatore/tamil-nadu-should-offset-tasmac-revenue-loss-through-industrial-growth-speakers-at-coimbatore-tax-summit/articleshow/131121744.cms

#TamilNadu #Tasmac #BCAS #TAASI #ZubinBillimoria #SVenkatesh #Coimbatore #CharteredAccountants #AuditorsAssociation #

Just went on Reddit and discovered senior managers at big chartered accounting firms are still treating young staff terribly. It seems that nothing has changed since I started as a graduate. For years they have been messing up with people's mental health, churning through employees who had to leave prematurely for their own well-being. Why don't senior people step up and start fixing this?

I am glad that I left after 18 months and found a wonderful mid-tier firm to work at. We were so much more productive and consequently gave our clients great service because we had such a harmonious workplace. A big feature was that we had the choice of when to work our hours. Some chose to start work at 7am and finish at 4pm. Others like me struggled in at 9:30 and worked to 7pm. This meant that our office could handle calls from our clients from 7am to 7pm no problems. The partners did not have to force us to keep the office open for extended hours. They created a great workplace and enabled us to do a great job.

It makes me so sad that big firms continue to be horrible workplaces and potentially mess up young people's lives.

#CharteredAccountants

ICAI President Meets J&K LG: Boosts Revenue, Unveils Centre of Excellence Plans

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https://theasiantalks.com/icai-president-meets-jk-lg-boosts-revenue-unveils-centre-of-excellence-plans/

Former President Ram Nath Kovind to Inaugurate National Conference of CA Students 2025 in Kolkata

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https://tycoonworld.in/former-president-ram-nath-kovind-to-inaugurate-national-conference-of-ca-students-2025-in-kolkata/

📌 MCA Due Date Alert: Form PAS-6 (for Oct '24–Mar '25) must be filed by 30th May 2025. It is a half-yearly reconciliation of share capital audit report for unlisted public companies.

#Compliance #MCA #ROC #PAS6 #CorporateUpdates #CharteredAccountants