volume xxxxi no. 16 dated: october 18, 2016 programme ... · amarjit singh pp gurdip s. deep...

4
` Donations to our Welfare Trust are exempted u/s 80 G of IT Act For Restricted Circulation Only Goods and Service Tax In our regular meeting on October 14, 2016 the chief guest Dr. Col. P.K. Vasudeva and his wife, Lt. Col. Dr. Uma Vasudeva were given hearty welcome by President Rtn. Amarjit Singh. Dr. Col. P.K. Vasudeva PP Rtn. Gurdip Singh Deep introduced the chief guest who is a Columnist on Economic Issues and a Defence Analyst. Col. Dr. P.K. Vasudeva is a soldier who has done PhD in WTO. He has been Senior Executive, TATA Exports and Member of State Consumer Commission, UT Chandigarh. He is Founder Director of AIMT (KU), Past President Chandigarh Management Association, and former Principal - Director of the College of Communication and Management and former Sr. Professor ICFAI University. Presently, he is an Expert Panelist IPR, NISCARE; Senior Vice President, National Adventure Club (India), Visiting Professor, Business School, PU, MG State Institute and National Defence College (NDC), New Delhi. He is Visiting Fellow, Guru Jambheshwar University, Hisar, Consultant Rajiv Gandhi Foundation and Columnist of Daily Post. Giving a very informative presentation on Goods and Service Tax (GST), Col. Vasudeva explained that with GST it is anticipated that the tax base will be comprehensive, as virtually all goods and services will be taxable, with minimum exemptions. GST will be a Welcome greetings from President Amarjit Singh PP Gurdip S. Deep introducing the chief guest Rtn. Arjan Singh thanking the chief guest game changer reform for Indian economy by creating a common Indian market and reducing the cascading effect of tax on cost of goods and services. It will have a far-reaching impact on almost all the aspects of the business operations in the country, for instance, pricing of products and services, supply chain optimization, IT, accounting, and tax compliance systems. Tax payers will have to be GST compliant. The changes would be substantial which requires proactive planning with a time-bound action plan. Giving a roadmap of GST, Col. Dr. Vasudeva discussed the establishment of legal framework, preparation of IT Infrastructure, training of officials/staff, outreach with trade/industry and consultation with them. Passage of the Constitution Amendment Bill from Parliament was completed in the first week of August 2016. Most of the legal formalities have been completed and remaining by 31 st March 2017. GST will be the biggest reform in India’s indirect tax structure, and now it looks set to become a reality as the Government is committed to introduce GST by April 2017. Administration of GST will be the responsibility of the GST Council, which will be the apex policy making body for GST. Members of GST Council will be Central and State ministers in charge of the finance portfolio. Rtn. Arjan Singh presents a memento to Dr. Col. P.K. Vasudeva. Looking on are President Amarjit Singh and Secretary Rtn. Sundeep S. Sawhney Volume XXXXI No. 16 Dated: October 18, 2016 PROGRAMME Understanding the Current National Security Challenges Chief Guest: Lt. Gen. K.J. Singh, PVSM, AVSM (Retd.) Former Army Commander Date: October 21, 2016 (Friday) Time: 6.30 p.m. Venue: Hotel President, Sector 26, Chandigarh

Upload: duongliem

Post on 01-Jul-2018

214 views

Category:

Documents


0 download

TRANSCRIPT

`

Donations to our Welfare Trust are exempted u/s 80 G of IT Act For Restricted Circulation Only

Goods and Service Tax

In our regular meeting on October 14, 2016 the chief guest Dr. Col. P.K. Vasudeva and his wife, Lt. Col. Dr. Uma Vasudeva were given hearty welcome by President Rtn. Amarjit Singh.

Dr. Col. P.K. Vasudeva

PP Rtn. Gurdip Singh Deep introduced the chief guest who is a Columnist on Economic Issues and a Defence Analyst. Col. Dr. P.K. Vasudeva is a soldier who has done PhD in WTO. He has been Senior Executive, TATA Exports and Member of State Consumer Commission, UT Chandigarh. He is Founder Director of AIMT (KU), Past President Chandigarh Management Association, and former Principal -

Director of the College of Communication and Management and former Sr. Professor ICFAI University. Presently, he is an Expert Panelist IPR, NISCARE; Senior Vice President, National Adventure Club (India), Visiting Professor, Business School, PU, MG State Institute and National Defence College (NDC), New Delhi. He is Visiting Fellow, Guru Jambheshwar University, Hisar, Consultant Rajiv Gandhi Foundation and Columnist of Daily Post.

Giving a very informative presentation on Goods and Service Tax (GST), Col. Vasudeva explained that with GST it is anticipated that the tax base will be comprehensive, as virtually all goods and services will be taxable, with minimum exemptions. GST will be a

Welcome greetings from President Amarjit Singh

PP Gurdip S. Deep introducing the

chief guest

Rtn. Arjan Singh thanking the chief

guest

game changer reform for Indian economy by creating a common Indian market and reducing the cascading effect of tax on cost of goods and services. It will have a far-reaching impact on almost all the aspects of the business operations in the country, for instance, pricing of products and services, supply chain optimization, IT, accounting, and tax compliance systems.

Tax payers will have to be GST compliant. The changes would be substantial which requires proactive planning with a time-bound action plan.

Giving a roadmap of GST, Col. Dr. Vasudeva discussed the establishment of legal framework, preparation of IT Infrastructure, training of officials/staff, outreach with trade/industry and consultation with them.

Passage of the Constitution Amendment Bill from Parliament was completed in the first week of August 2016. Most of the legal formalities have been completed and remaining by 31st March 2017. GST will be the biggest reform in India’s indirect tax structure, and now it looks set to become a reality as the Government is committed to introduce GST by April 2017.

Administration of GST will be the responsibility of the GST Council, which will be the apex policy making body for GST. Members of GST Council will be Central and State ministers in charge of the finance portfolio.

Rtn. Arjan Singh presents a memento to Dr. Col. P.K. Vasudeva. Looking on are President Amarjit Singh and Secretary Rtn. Sundeep S.

Sawhney

Volume XXXXI No. 16 Dated: October 18, 2016 PROGRAMME

Understanding the Current National Security Challenges Chief Guest:

Lt. Gen. K.J. Singh, PVSM, AVSM (Retd.) Former Army Commander

Date: October 21, 2016 (Friday) Time: 6.30 p.m. Venue: Hotel President, Sector 26, Chandigarh

Tax evasion will be discouraged. Right now, we have more tax on fewer items. With GST, there will be less tax on more items. GST is the most important reform in India. We are looking forward to an exciting time ahead as GST will have a far-reaching impact on almost all the aspects of the business operations in the country. Double digit growth is expected in near future.

Dr. Col. P.K. Vasudeva presents birthday gift to Assistant Governor PP Rtn. Deepak Sood, accompanied by R’ann Purnima Sood

Dr. Col. P.K. Vasudeva presents birthday gift to PP Rtn. Prem Anand, accompanied by R’ann Indu Anand

Col. P.K. Vasudeva presents punctuality award Rtn. Rekha Sawhney

Wedding anniversary gift for Rtn. Maharaj Baksh Singh and R’ann Patinder. Our get well soon good wishes to her

Dr. Col. P.K. Vasudeva presents wedding anniversary gift to R’ann Parveen & Rtn. Arjan Singh

Dr. Col. P.K. Vasudeva presents wedding anniversary gift to R’ann Ashima & Rtn. Ashutosh Mangla

District 3080 Centennial Cricket Tournament – Another victory for our club

Our cricket players and the ‘cheer leaders’. Standing L-R: Rtn. Salil Bali (captain), Rtn. Shashikant Adokar, Rtn. Kulbir S. Bhatia (vice captain) Rtn. Ashok Puri, President Amarjit Singh, Rtn. Ashutosh Mangla, Rtn. Nitin Kapur, PP Deepak Sood, Rtn. Dr. Sanjay Kalra, PE Dr. Rita Kalra, R’ann

Dipali Adokar, R’ann Purnima Sood and PP Dr. V.J.S. Vohra. Sitting: Rtr. Manish Kumar who scored a century (holding a bat) with Rtr. Vikas, Rtr. Chirag and Rtr. Rahul

After winning the inaugural match against Rotary Chandigarh Shivalik on 12th September 2016, it was the second match of the tournament for Rotary Club Chandigarh Midtown against Rotary Club Chandigarh Central on 16th October 2016. This is a unique tournament being held for a cause as each team contributes USD 1100 to the Rotary Foundation.

The match was played in a true Rotary spirit, with Chandigarh Central President R.S. Cheema taking charge of the fellowship. Both the teams enjoyed the match in a very sporting and cordial manner.

Chandigarh Midtown scored 267 runs for the loss of 5 wickets in 20 overs. Rtr. Manish Kumar scored 117 runs and Rtn. Shashikant Adokar was unbeaten with 84.

Chandigarh Central managed to get 155 runs loosing 9 wickets in 20 overs, resulting in victory for Chandigarh Midtown by 112 runs. Our wicket takers were President Amarjit Singh (3), Rtn. Nitin Kapur (2), PP Deepak Sood (1), Rtn. Shashikant Adokar (1), Rtr. Chirag (1) and run out (1).

AG Deepak Sood presents man of the match award to Rtn. Shashikant Adokar for scoring 84 runs and taking a wicket, and to Rtr. Manish for

scoring 117 runs. Looking on is President Amarjit Singh

Acknowledgements with thanks Sponsoring of fellowship on 14th Oct. 2016 PP Rtn. Deepak Sood PP Rtn. Prem Anand Rtn. Arjan Singh Rtn. Ashutosh Mangla

Punctuality Draw

Won by Rtn. Rekha Sawhney

Birthday of Spouses R’ann Monica Aggsrwal October 21 R’ann Meena Mahajan October 24 R’ann Paramjeet Sihota October 24 R’ann Kadam Bhambri October 26

Wedding Anniversary R’ann Moon Inder & October 24 PP Rtn. Sandeep Sandhu

Keep India Polio Free

120 days rally will be flagged off from Rukhmani Devi Memorial Hall, Ambala Cantt on 24th October 2016 at 9.00 a.m., after Hi-Tea.

All Rotarians with family members are requested to take part in this District 3080 polio

awareness program. Mr. R.C. Mishra, IPS, ADGP Cum Commissioner Police, Ambala and Panchkula, will flag off the rally.

There is no registration charges for this event, hosted by Rotary Club of Ambala.

Intercity - Look Beyond

Sunday, 13th November 2016 Time: 9.00 a.m. onwards

Venue: Hotel MM Continental, Mul lana (NH- 73, A mb ala - Jagad hr i H igh wa y)

Host: Rotary Club Yamuna Nagar Registrat ion up to 2n d November 2016

Rs. 1125/- (Single), Rs. 2250/- (Couple) and Rs. 500/- (Rotaract) On the spot

Rs. 1350/- (Single), Rs. 2500/- (Couple) and Rs. 600/- (Rotaract)

Change of Mobile Number President Elect Rtn. Dr. Rita Kalra - 9878809988