The Management Accountant - October 2024
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8 The Management Accountant - October 2024
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emphasizing the importance of continuous learning
and leadership in shaping successful careers for those
transitioning through Directorate General Resettlement
(DGR) programs.
I would like to extend my heartfelt congratulations
to the CAT Directorate for their outstanding efforts
under the visionary leadership of CMA Rajendra Singh
Bhati, Chairman (CAT). His dynamic and forward-
thinking approach has been instrumental in ensuring
the continued and fruitful association with the Ministry
of Defence.
Seminar on SAP S/4HANA by Rourkela Chapter
I had the pleasure of participating in the Seminar
organized by the Rourkela Chapter of the Institute on
the topic “
2024: S/4HANA, THE FUTURE
ROADMAP” on 14th September, 2024 at Rourkela. The
seminar provided deep insight into working under S/4
HANA environment coupled with Machine Learning
and Artificial Intelligence capabilities especially
focused on the FICO module. I commend CMA Dr. G
S Dash, Chairman and other members of the Managing
Committee of Rourkela Chapter for organizing a
successful event, fostering knowledge sharing and
professional development.
Annual Students’ & Members’ Meet – 2024 of
South Odisha Chapter
I am pleased to share that I participated as the Chief
Guest at the Annual Students’ & Members’ Meet – 2024
organised by the South Odisha Chapter of the Institute at
Berhampur on 20th September, 2024. The Chapter also
organized a Mega Blood Donation Camp at the venue. I
congratulate CMA Narasingha Chandra Kar, Chairman
and other members of the Managing Committee of
South Odisha Chapter of the Institute on the successful
conduct of the Seminar.
Wishing you a delightful and peaceful festive season.
With warm regards,
CMA Bibhuti Bhusan Nayak
October 4, 2024
Review of the Income Tax, 1961 was held under the
chairmanship of Revenue Secretary, Ministry of Finance
on 18th September, 2024 at North Block, New Delhi.
The meeting was attended by me, CMA Rajendra
Singh Bhati, Chairman, Direct Taxation Committee,
ICMAI, CMA Manoj Kumar Anand, Chairman, PD &
CPE Committee, ICMAI and CMA Shailendra Bardia
and submitted the suggestions of the Institute for
simplification of the language of the IT Act to make it
concise, lucid and easy to read and understand; and to
mitigate litigation, provide tax certainty, bring down the
demand involved in litigation and reduce the compliance
burden.
CAT Course for retiring/ retired Defence Personnel
I am happy that CAT Directorate continued the
Institute’s association with Directorate General
Resettlement (DGR) as two more batches of the
CAT course for retiring/retired JCOs/OR and their
equivalents, in association with the Directorate
General of Resettlement (DGR), Ministry of Defence,
Government of India, as per the approved calendar of
the DGR for the training year 2024-25, commenced on
9th September & 23rd September, 2024 in Bhubaneswar
and Noida respectively. Inaugural Ceremony of the
batch commenced in Bhubaneswar was held on 13th
September, 2024. Col Kirtiman Gautam Mohanty
presided over the ceremony, interacted with the Faculty
& course participants and delivered the opening address.
My Council colleague CMA Rajendra Singh Bhati,
Chairman-Committee for Accounting Technicians
(CAT), in his address ensured the full support and
commitment of the Institute towards the fruitful
and quality learning. CMA Ramesh Chandra Patra,
Chairman, Bhubaneswar Chapter of ICMAI along with
MC members of the Bhubaneswar Chapter and ofÏcials
of the Institute were also present.
Further, on 30th September 2024, an interaction
programme was held at the Udaipur Chapter, where
candidates pursuing the CAT course had the opportunity
to engage with Brigadier Randeep Singh Chatha,
Additional Director General of DRZ (West), DGR,
Ministry of Defence, who addressed them through
the video-conferencing. CMA Rajendra Singh Bhati,
Chairman-CAT also addressed the candidates online and
boosted their morale while ensuring the wholehearted
support of the Institute in their training. The session
provided valuable insights and guidance, offering a
platform for candidates to connect directly with their
senior leadership. Discussions covered key aspects
of CAT course training and future career prospects,
PRESIDENT’S COMMUNIQUÉ
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