PM Modi seeks CAs' help to spread tax knowledge

He was addressing chartered accountants after launching a new course introduced by ICAI

Prime Minister Narendra Modi on Saturday said days before the roll-out of the goods and services tax (GST), the Registrar of Companies had deregistered about 100,000 firms for irregularities. He also said data mining of money deposited in banks following demonetisation had revealed irregularities in transactions of 300,000 entities.

He was addressing chartered accountants after launching a new course introduced by the Institute of Chartered Accountants of India (ICAI).

Finance Minister Arun Jaitley, who also addressed the event, said, “Why are some traders protesting against the GST when customers, who have to pay the tax, are not?”