Chairman's Message  
 
Dear Esteemed Members,
Every journey starts with the vision and has got a denite and dened destination. As I sit down to pen my last communication as Chairperson of this gloriousNagpur Branch, a lot of emotions creep in and a lot many cherished memories of my endeavor at Nagpur Branch gives me immense satisfaction. As I conclude my term as the Chair- person of the decorated Nagpur Branch of the WIRC of The Institute of Chartered Accountants of India (ICAI), I would like to take this opportunity to express my heartfelt grati- tude to each and every one of you for your unwavering support and love throughout my tenure.

Over the past year, it has been an honour and privilege to serve this esteemed organization and its members. Together, we have achieved significant milestones, organized numerous seminars, workshops, and events aimed at enhancing professional knowledge and fostering a sense of camaraderie within our community. Following are a few highlights that we could proudly achieve under my Chair:

1. The Nagpur Branch is now installed with solar panels which is expected to save a lot of energy and electricity consumption bills.

2. The Branch has stayed true to its word of being a tech-savy Branch and has enabled multiple seminars on the same

3. The heights where the Nagpur Branch stands today, is attributed to the tireless efforts of the stalwarts who have led the Chair in the past. We have installed a Chairperson Board in the branch which shows a reflection of all the Chairmen who have led the Nagpur Branch.

4. In the most awaited landmark breakthrough of all, It is proud moment for Nagpur Branch that the new building project of Besa is approved by ICAI Central Council. The infra committee for Nagpur Branch formed by ICAI has discussed the changes suggested by Council and procedure for appoint- ment of Contractor. We are positive that the work of the new building will start very soon under guidance of ICAI.

The Nagpur Branch continues to organize worthy seminars and events in the best interest of the members and January- 24 was another busy start to the calendar year with the Branch hosting multiple seminars.

a. Seminar on IND AS- Overview with Emerging Endless Global opportunities with Speaker CA. Kartik Jindal, Delhi was organized by the Branch.

b. Laced with numerous seminars for CA students, the Branch also organized a programme on Investor Awareness with profound speaker and proven investor from the industry addressing the audience in the form of CA. Anand Rathi Founder and Group Chairman of The Anand Rathi Group.

c. The Branch also conducted a Seminar on Intricacies and Litigations in GST where the Chief Guest was Shri Ananta Rakh Addl. Commissioner of State Tax and the speaker was CA. Brijesh Verma, Agra.

Worthy and informative contributions on deep rooted content have been included in the Newsletter. TCS on Foreign Travel has been the topic of discussion for quite some time. Has such imposition of tax had a discouraging effect on travellers? The topic has been avidly covered by CA. Saket Bagdia, Past Chairman - ICAI Nagpur Branch (WIRC).

Payments to MSME have been another issue of pain-point with multiple confusions surrounding the same. CA Naresh Jakhotia, an expert of taxes has addressed the same with valuable clarications to confusions.

"Audit of Accounting Estimates: Concept" An approxima- tion of a monetary amount in the absence of a precise means of measurement has been covered by CA. Rahul Sharma.

I congratulate and Thank CA Indraneel Dani and CA Uma Bagdia for their wonderful contributions under CA's got Talent section.

I am immensely proud of the strides we have made in promoting the highest standards of professional excellence and ethics in the eld of nance and accountancy. Our collective efforts have not only strengthened the reputation of our branch but have also contributed to the growth and development of the profession as a whole. We have tried our best to bring laurels to the Nagpur Branch in each effort that we conduct. Our efforts bore fruit in the form of Acknowl- edgement from the centre at New Delhi & Region (WIRC) and I am ecstatic to inform you that ICAI Nagpur Branch (WIRC) has been awarded the Second Best Branch all over the country and Best Branch in the Region in Large Branch category. Also, WICASA, our Students Association has been recognized as the Best WICASA not only at the regional level but also at India level the same category.

As I step down from my role, I am condent that the ICAI Nagpur Branch (WIRC) will continue to thrive and achieve much more as together, we shall strive to uphold the principles of integrity, transparency, and accountability.

Before I bid farewell, I would like to express my deepest appreciation to the Managing Committee, the staff, and all members of the Nagpur Branch for their dedication and hard work. It has been a privilege to work alongside such talented and committed individuals. My heartfelt thanks also reaches out to our E-Newsletter Sponsorer - SIDBI for their constant support in this journey and to our Joint Editors; CA Amrita Bagdia and CA Palkesh Khandelwal who have left the members spell-bound with their spectacu- lar work throughout the year.

In closing, I extend my best wishes to the Nagpur Branch of ICAI for continued success and prosperity in the years to come. I am condent that under the guidance of capable leadership, our branch will reach new heights of excellence and make signicant contributions to the accountancy profession.

This being the last edition of our exceptional newsletter, 'वाता ', we hope we have been able to meet the expectations of our members to bringing you the latest updates and opportunities.

It's important to remember that the denition of success is not just dened by how far you have come but also by remembering how long we still need to travel. Let's embrace the opportunities that unfold before us and collaboratively shape a future that exceeds our collective expectations under the new incoming Chair.

Thank you once again for the opportunity to serve as the Chairperson of the most vibrant branch of ICAI. It has been a truly enriching experience that I will always cherish. I would now like to conclude with the following words:



Professionally Yours,
CA. SANJAY M. AGRAWAL

Chairman - Nagpur Branch of WIRC of ICAI

CA. SANJAY M. AGRAWAL - Chairman
Nagpur Branch of WIRC of ICAI