Calcutta Chamber of Commerce: the oldest chamber of commerce in IndiaCalcutta Chamber of Commerce: the oldest chamber of commerce in India

Major Events 2018-19
December 09, 2018
Land for Chamber's Office premises

The Office bearers of the Chamber deliberated on the matter.

December 09, 2018
2018 Indo Korean Taekwondo Cultural Festival & International Award Ceremony, Opening of GCS Center in Kolkata organized jointly by Taekwondo Cultural Festival Committee & Calcutta Chamber of Commerce

The Festival was graced by Shri Abdur Razzak Molla, Hon'ble Minister of Horticulture & Food Processing Industries, Govt. of West Bengal, Organizing President, Mr. Seok Jae Kang, Secretary General, GCS International, Seoul & Senior Director for Social Responsibility of World Taekwondo Federation (WTF), Shri Debashis Sen, IAS, Additional Chief Secretary, & CMD of WBHIDCO Ltd., Govt. of West Bengal, Great Grand Master Kim Kyung Duk, President of Gyeonggi-do Taekwondo Association, Prof.(Dr.) Debasis Bhattacharyya, Ex-Officio Secretary, Dept. of Health & Family Welfare, Govt.of West Bengal, Shri B.B. Basu, IPS (Retd.), Hon'ble Vigilance Commissioner,Govt. of West Bengal, Shri Satyam Roy Choudhury, CMD, Techno India University, Shri M.K. Saharia, Hon. Consul General of Indonesia and Shri O. P. Agarwal, President, Calcutta Chamber of Commerce.

It was a dazzling display of taekwondo demonstration by world taekwondo exponents at Biswa Bangla Convention Centre. The 30 minute long taekwondo demonstration was performed by a Korean delegation taekwondo team that included a show of taekwondo flying kicks, breakings and taekwondo dance. A memorandum of understanding was signed between Roy's Taekwondo Academy, India and GCS International, Seoul, a United Nations organisation on the occasion for promotion of world peace through the art of taekwondo. Seok Jae Kang, secretary general of GCS International, Seoul and taekwondo Hall of Fame recipient Grand Master Pradipta Kumar Roy signed the MOU on the ocassion. A MOU was also signed between Roy's Taekwondo Academy and Techno India Group to set up a Centre of Excellence for Taekwondo Training. The two day festival was organised by Roy's Taekwondo Academy in association of a number of organisations including Gyeonggi-do Taekwondo Association which is the largest sports association in Korea under Gyeonggi province government and Korea Taekwondo Association under government of South Korea.

December 06, 2018
Talk & Interactive Session on Present Focus of Government on unearthing of Black Money

The Session was addressed by Shri Pranab Kumar Das, IRS, Director General of Income Tax (Investigation), East, Shri Ashish Verma, IRS, Principal Director of Income Tax (investigation), Kolkata, Shri Arvind Kumar, IRS, Principal Commissioner of Income Tax-4 & Shri Jinesh. S. Vanzara, Sr. Chartered Accountant.

Shri Pranab Kumar Das called for a common platform for various agencies to unearth black money and for seamless investigations. He said, “Implementing authorities like Income tax, Customs and Excise, Enforcement Directorate and others have to work together, hand in hand. There are many angles of the investigation, which cannot be dealt with only one agency and others might also be required. There is a need for common platform," .He stressed that making policies and acts alone would not be enough to tackle the menace of black money. The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015, along with the introduction of Benami Transaction Act and the amendment in Income Tax Act, have been facilitating the agencies to curb generation of black money. He added, "Due to technologies, we are flooded with information about various transactions by persons. We can identify the track of transactions," he said, adding that more than 100 shell companies were raided in the city, based on the information.

Principal Director of Income Tax (Investigation), Kolkata, Shri Ashish Verma said that I-T officials are getting information from abroad through improved policy initiatives. Hailing the demonetisation move, Verma said note-ban initiative corrected the generation of black money through real estate transactions.

Shri Jinesh. S. Vanzara, Sr. Chartered Accountant questioned the effect of a reopening of assessment even after various court judgments. A number of intricate issues cropped up during the reassessment proceedings. In spite of various guidelines laid down by courts, the department constantly disobeys the same leading to harassments of the assessees, which is not desirable.


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