26th August 2015

- The Hindu

ON TAX REFORMS - SKC

The Department of Management Studies of Sri Kaliswari College, Sivakasi, organised a two-day national-level conference on ‘Tax reforms in India – opportunities and challenges,’ with S. Natanagopal, Chartered Accountant, as the resource person.

In his address, Mr. Natanagopal explained the roles and responsibilities of people and organisations and planned and unplanned expenditure. He also elaborated on direct tax and indirect tax calculation procedures on products and services.

He advised the participants to read the newspaper daily and keep themselves abreast of the latest business happenings. In his presidential address, A. P. Selvarajan, secretary, spoke on the various types of taxes in India. S. Krishnamurthy, Principal, in his address, said that the conference should discuss solutions for tax reform issues in India. P.K. Balamurugan, Vice-Principal, offered felicitations. N.R. Nagarajan, convener of the conference, welcomed the gathering. P. Venkatesh Kumar, Assistant Professor of Management Studies, proposed a vote of thanks.

In the technical session, K. Vaitheeswaran, advocate, highlighted the need for tax reforms. He pointed out the lapses in multi-layer tax system which imposed hardships on trade and commerce and anchored the need for the introduction of GST.