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FM urges Company Secretaries to ease taxpayers' compliance burden

By TIOL News Service

NEW DELHI, OCT 05, 2021: COMPANY Secretaries should look beyond their existing set of responsibilities and partner with the Ministries and the Regulatory Authorities in easing compliances for the tax paying citizens. This was said by Union Minister of Finance & Corporate Affairs, Nirmala Sitharaman, at the 53 rd Foundation Day celebrations of the Institute of Company Secretaries of India (ICSI) here yesterday.

Ms Sitharaman appreciated the ICSI for attuning the celebration with Azadi Ka Amrit Mahotsav and choosing the theme “Powering Atmanirbhar Bharat through Entrepreneurship and Innovation” in tandem with this vision.

The Finance Minister expressed her delight while complimenting the Company Secretaries for their commendable job during the COVID-19 pandemic and further urged the youth of the country to join this profession as this role will expand further in the future in Sunrise Sector.

Dr. T.V. Somanathan complimented the Institute for doing a remarkable job in promoting Good Corporate Governance in the last 53 years. While discussing about the importance of the role of Company Secretaries he said, “You are the experts of compliances and your exemplary advice will help corporates in getting rid of extra compliance”.

 


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