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July 2024

BCAS President CA Chirag Doshi’s Message for the Month of July 2024

By CA Chirag Doshi
Reading Time 7 mins

As I pen down this message for the final time as the President of the Bombay Chartered Accountants’ Society, I am filled with a sense of gratitude and pride. It has been an honour to lead this prestigious institution during its 75th year, a milestone that stands testament to our enduring legacy and unwavering commitment to excellence. This journey has been marked by remarkable achievements, collaborative efforts, and the collective vision of our members, all of which have propelled us to new heights and has reaffirmed the Society as a thought leader in the finance/accounting/tax community. As we look to the future, I am confident that the foundation we have built over the years will continue to foster growth, innovation, and a spirit of camaraderie within our community.

Recently, the election results took an unexpected turn when the NDA secured 293 seats, while the INDI Alliance won 234 seats in the Lok Sabha. Despite been a coalition government, the NDA quickly refocused on “Modi 3.0.” The NDA alliance acted in a very mature manner ensuring within just five days, Prime Minister Narendra Modi and his cabinet ministers took their oaths of office. The key expectation of both B2B sector and B2C sector entities are around ease of business, fast track digitisation, digital infrastructure improvements, faster and easier access to credit facilities, better governance and continuous support. Infrastructure dev

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