The Bhopal Branch of The Institute of chartered Accountants of India has organised a Seminar on 'UNION BUDGET 2019'.
CA Abhishek Gupta, Chairman of the Bhopal Branch has given the inaugural speech. The program has been conducted by CA Anshul Agarwal, Secretary of the ICAI Bhopal branch. CA Abhay Chhajed past chairman Central India Regional Council also present in the program and express views on the budget.
The speakers of the seminar CA Sunil Talati, former president of The Institute of Chartered Accountants of India on Income Tax and CA Navneet Garg spoke on GST Laws.
In the first technical session CA Sunil Talati from Ahemdabad has discussed about the provisions and Implication of Interim Budget on direct Taxes and explains about the new provisions of finance bill. He further explain that the bill has not much changes as it is an Interim Budget and not full budget as it is the election year and full budget shall be placed by new government.
He explains the following important changes which are beneficial for individual assesses, such as Section 54 exemption now available on the second house property, provided the capital gains is less than or equal to Rs 2 crores – to be availed only once in a lifetime.
In the second technical session of the program CA Navneet Garg has discussed about various important amendments of the GST council meetings. finance bill and its implications on individual and Corporates.
CA Mayank Agarwal, Vice Chairman, CA Anshul Agarwal, Secretary and the members of Managing Committee, CA Navneet Garg, CA Zuber Ullah and CA Anup Shrivastava along with guests were present in the program. More then 150 members participated in the seminar.