Report on ICAI's Events
President visited Oman Chapter for Budget Talk

The President ICAI visited Oman on 08th March, 2008 and started his engagements in first meeting with the Chairman of The College of Banking and Financial Studies, the President initiated the discussion on the terms of reference under the MOU signed between ICAI and CBFS. He appreciated the efforts of the office bearers of the Muscat Chapter for taking forward the spirit behind the MOU. The President envisions that this association will go long way in making Omanese adept in performing accounting and auditing roles aptly and work in coordination with each other in other emerging areas in financial and economic sphere. The President advised the Muscat Chapter members to come up with a plan of action for achieving the objectives of MOU. The meeting turned out to be very cordial and affable. Later he visited the College of Banking and Financial Studies and was received by the Dean of the College Dr Ashraf Al Nabhani and was then taken around the premises and was given a presentation on the activities of the College.
 
In the evening Oman Chapter of the Institute of Chartered Accountants of India and Indian Embassy had jointly organized Talk 2008-09 on 8th March, 08 at the Indian Embassy Auditorium focusing on Indian Budget. The said programme was addressed by the President of the Institute of Chartered Accountants of India, Sh. Ved Jain. The programme was attended by a total of about 350 people out of which more than 200 were members. The President, CA Ved Jain while addressing the ICAI member fraternity, important functionaries of Indian embassy and CBFS, and government officers of Oman, had pointed the new budget proposals of quoting PAN for all financial transactions in India. He termed the Union Budget as a relief-oriented budget in which demands of all the stakeholders were touch ed upon with special impetus to provide relief to farmers to improve growth of agricultural sector. He said the budget dexterously balances the need to accelerate the economic growth on one side, keep a tab on the inflation on the other side and also address the socio-economic needs of the nation.
 
The function was attended by The Executive President of the Capital Market Authority of Oman, Mr Yahya Al Jabri, The Deputy President of the state audit institution of Oman, Sheikh Nasser Al Rawahi, The Chairman of Oman Chamber of Commerce and Industry, Excellency Khalil Al Khonji, The Chairman of The Economic Council of The Majlis A’shura Dr Fuaad Jaffer Al Sajwani and other dignitaries.
 
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