Black sheep can be found in any walk of life, but their few numbers can hardly justify condemning an entire group or profession.
In the nearly hour long speech that Prime Minister narendra Modi delivered on the ‘CA day’, on July 1, 2017, which also happened to be anniversary day of the establishment of the Institute of Chartered Accountants of India (ICAI), it is said, with utmost respect, that the PM has been unduly harsh towards Chartered Accountants of India (CAs) and their apex body, which, undoubtedly, is an important profession and helps the government and the economy to proceed successfully in their onward journeys. When I am penning these lines, I am not holding any brief for the errant and uncouth CAs, who defame the profession by their misdeeds. Black sheep can be found in any walk of life, but their few numbers can hardly justify condemning an entire group or profession.
PM’s observations regarding CAs were:
*CAs are the prime facilitators of black money generation;
*They were extremely busy during the demonetisation period. Some of them even cancelled their foreign holiday trips and worked round the clock to facilitate conversion of black money into white money. He expressed wonder as to what exactly kept them busy?
*He said rather in a threatening way that evidence against three lakh firms has been obtained through data mining and that one lakh companies have been struck off the register of companies. He wondered as to who could facilitate such activities and certified such companies’ accounts?
Denne historien er fra August 2017-utgaven av gfiles.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra August 2017-utgaven av gfiles.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
RTI Act Amendment: Killing One More Institution?
The issue of RTI Act Amendment basically is: Should the truth about the arbitrary, autocratic, corrupt and opaque functioning of government and its instrumentalities be brought in the open and made accountable? When the government is killing the Information Commission it is expressing its own fear of the truth and is projecting a false image before the public.
Rob Peter To Pay Peter
PSUs were assiduously built from the blood and sweat of the taxpayers. Their sales were controversial and scandalous. Some were sold to other PSUs at high prices, they were purchased by private players at ridiculous prices, and the government used the proceeds largely to lower its looming fiscal deficits
India Inc. In Distress
A fear psychosis has pervaded India Inc. unleashed by a mountain of bad corporate loans and a dictatorial insolvency law. Alam Srinivas explores how financial terror has gripped the country.
Hamster On A Wheel
The demand to ban TikTok and break the encryption technology of WhatsApp highlights the challenges that rapidly evolving digital technologies pose for India. The absence of data protection laws further exacerbates the problem, leaving millions of Indians vulnerable to behavioural manipulation by vested groups. Vivek Mukherji reports.
Bengal At Peril, Naturally
Bengal is staring at all round environmental disaster, from north to south. But nobody except some environmentalists is concerned
The Future of China-India Relations
China and India are rising almost simultaneously.
Should IAS Be Discredited?
There is unspoken anguish and agony among those who came into the IAS as a mission and not mercenary service. Some of them are imploding and this could turn into explosion if not promptly addressed and remedied
Honey Trap Scandal - MP Power Elite Exposed
Shocking disclosures of a middle-aged woman’s perverted ingenuity has brought to the fore the debauched underbelly of bureaucracy and politics of Madhya Pradesh.
Adhir Chowdhury - A Local Phenomenon On A National Stage
Adhir Chowdhury, the Congress leader in this Lok Sabha, has led a controversial life. he decimated the Left in his constituency Baharampur in Bengal and soon became a strongman of the region. Charged with a number of cases, it remains to be seen how Chowdhury fares at the national level
The New Logistics Messiah
Karnataka cadre officer N Sivasailam has been creating ripples with his no-nonsense approach to the critical logistics department. he’s the single window bureaucrat blue-pencilling the logistics matrix to take the economy to the uS$5 trillion trajectory over the next five years
