The Doha Chapter of the Institute of Chartered Accountants of India (ICAI) recently organized a seminar on India’s “Union Budget 2022”, which was followed by the Annual General Meeting (AGM ).
The event was held virtually and brought together over 250 attendees, including chapter members who are finance professionals from leading organizations and students.
Mahavir Singhvi, IFS, Assistant Secretary, Ministry of External Affairs, Government of India, was the chief guest, who was introduced by outgoing President Nirlep Bhatt.
Singhvi congratulated the Doha Chapter of ICAI for being awarded the “Best Chapter” in Category 2. He described the Union Budget 2022 as the foundation of India’s future at the occasion of its 100th anniversary, with a focus on creating infrastructure, a digital economy and a ‘green economy’. He added that this is a progressive and growth-oriented budget.
Former ICAI President Amarjit Chopra congratulated the outgoing Excom team for winning the Best Chapter award. He said the budget is “a very progressive budget and has not been skewed” despite the upcoming election.
Chopra hailed the “one station, one product” concept in the budget, which will boost MSMEs and create more skilled labor at each station. He said this will not only increase productivity but also create an exportable surplus.
The general meeting discussed several important matters, such as the adoption of the accounts and the election to the new management committee.