JAIN CHARTERED ACCOUNTANTS FEDERATION

KNOWLEDGE BANK
Year -2022, Volume -3, March 2023

Newsletter
Highlights

MESSAGE FROM
APEX PRESIDENT :
Shantilal A. Kochar, CA SHANTILAL KOCHAR
From the Desk of President Apex,
JCAF, M. 9869419370 EDITORIAL HEAD :
CA JAYESH KALA
I'm thrilled to share with you the THIRD PUBLICATION – JCAF
KNOWLEDGE BANK on AUTOMATION LANDSCAPE
on account of your positive feedback on our previous issues, I
applaud the editorial board's efforts and those of our knowledge
bank contributors. JAIN CHARTERED
We hope that this Knowledge Bank will enhance and contribute to ACCOUNTANTS
FEDERATION
the professional competences of our members as it has always
been a goal of the JCAF to help and support its members to
promote society at large as well as their professional development.
Our profession depends on knowledge, so I am confident that this AUTOMATION
LANDSCAPE
edition of the JCAF Knowledge Bank will help you better
comprehend your digital journey in an era when technology is the
lifeblood of businesses.
This year, JCAF wants to grow, and we encourage our engaged
DUE DATES CALENDAR
members to do so in line with their passions and professional
aspirations.
I want to thank you all again for your support and assistance ACHARYA PAD PRADAN
throughout the years. I will be happy to announce the grand MAHA MAHOTSAV
induction event of our own Borivali chapter on March 19, 2023. I also
BORIVALI CHAPTER
urge all members to attend, so they may meet the JCAF family and LAUNCH
build their networks.
NOSTALGIA

THANKYOU
Thank you and will be back soon.
TESTIMONIALS

3rd Edition, March 2023.

 Jayesh Kala, BOD 21-22, JCAF
Mumbai, M. 9820010113
From the Desk of Editorial Head,

The enormous response to our first two publications has inspired us to do more for the JCAF
Community as a whole, so I'm excited to share with you THIRD PUBLICATION – JCAF
KNOWLEDGE BANK on AUTOMATION LANDSCAPE.
I once again implore all of the members to band together in favour of the JCAF and to get their
Jain friends and family to follow suit. You will receive a summary of some of the knowledge-
sharing projects we have planned for the forthcoming year. Additionally, we are trying to raise
the professional competencies of our members in the workplace and across sectors.
The main goal of this Publication is to help our members become more digitally proficient. I
think that this Publication will be the catalyst for helping you on your digital path in this vibrant
and constantly evolving digital environment.
The editorial staff eagerly anticipates your feedback and will be back soon with fresh materials
to share.
Please send questions, comments, or recommendations to news.jcaf@gmail.com.
Thank You.

JAIN CHARTERED ACCOUNTANTS FEDERATION

Jain Chartered Accountants Federation (JCAF) is a global organization of Jain Chartered Accountants set to
achieve socio-economic empowerment, value-based education, community welfare, practice of compassion,
spread of global friendship and spiritual upliftment of fellow beings.

JCAF, a dream child of Muni Param Pujya Naypadmasagarji, Maharaj Saheb is known amongst all Jain members
as a body which provides services beneficial for all the Jains across the globe started 12 years ago.

With the grace and mentoring of Maharaj Saheb. JCAF is now registered under the Society Registration Act,
1860 under Maharastra Public Trust Act, 1950, under section 12A and 80G of Income Tax Act, 1961.

JCAF Upcoming Activities 2023 19 March 2023

11 March 2023

BORIVALI CHAPTER LAUNCH

ACHARYA PAD PRADAN MAHA MAHOTSAV

3rd Edition, March 2023.

 JAIN INTERNATIONAL ORGANIZATION
The Jain International Organisation ( JIO ) is an
umbrella organization which is working for the
benefit of mankind through Jain community. Today,
JIO has strong presence throughout India through
many of its affiliations –
• Jain International Trade Organization ( JITO )
• Jain Doctors Federation ( JDF )
• Jain Chartered Accountants Federation ( JCAF )
• Jain Advocates Federation ( JAF )
• Jain International Woman’s Organisation ( JIWO )
• Jain International Govt. Employees Organisation
• Jain International Youth Organisation ( JIYO )
• Jain International Engineers Organisation ( JIEO )
• Jain International Samaj Seva Organisation
( Politician )
• Jain International Media Organisation ETC
MISSION
JCAF is committed to achieve socio-economic
empowerment, value based education, community
welfare, spread of global friendship and spiritual
upliftment of fellow beings and to have spiritual
awakening to perpetuate the Jain principles of non-
violence, noble charities and have a peaceful world
with compassion towards all living being and
simultaneously have harmonious, happy and a
healthy humanity.
MOU Signing
3rd Edition, March 2023.
VISION
The vision of JCAF is to establish following core points:
Building enduring business partnerships by making
effective contributions through innovative business
solutions and supportive implementations.
Synergy of strengths through mutual co-operation and
teamwork.
To be channelize business growth through networking
and connectivity.
Acquiring required skills and upskilling in order to work
in technology driven future environment.
Always strive to improve the quality of services driven
by the larger need, internal and external, to improve the
quality of life and the standard of living, for society as a
whole.
To be a globally esteemed business solution provider.
To be contributors and partners for Economic
empowerment.
To provide assistance to new entrants in the profession.
Encouraging aspiring CA’s.
Commitment to incorporate the highest levels of Jain
ethics, principles and good governance in the
profession.
To create and nurture a world-class environment for
knowledge sharing and personality development.
To provide a common platform for representation of
issues on national and international levels.
To play proactive and innovative role in providing legal
aid to charitable Trusts and social organizations.
To recognize the opportunities for the profession in new
and emerging areas.
 AUTOMATION
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can be further reduced by setting up direct
BACKGROUND deposit automatically. Most employees who use
direct deposit frequently discover that their
Concern for enhancing the
paychecks arrive earlier than if they had to wait
workplace environment is
for their checks to be written and then cleared by
growing as the share of
the bank.
knowledgeable employees in a

company rises. Automation software can be useful in
this situation. It is a term used to describe software
that is used to digitally gather, store, and manipulate
office data through a network, which is necessary for
carrying out daily operations. With this software, front
and back office systems and procedures
integrated. Small firms may not require this software
because they often accomplish their work on their
own, but as the organization expands, management
becomes more challenging, making automation
software a useful tool.
Automated voice instruction is another method
that technology has cut down on employee
labour on activities. The requirement for people
to be dedicated to answering the phone has
been decreased, and in some cases eliminated,
are thanks to the usage of prompts, automated
phone menus, and directed calls.
Our profession is changing as a result of
technology, and automation technologies in
particular raise serious concerns about the
future function of chartered accountants.
Automation does, however, open up enormous

PURPOSE prospects and aid financial sections in adding

greater value to their companies. Professional
organizations like ours have a crucial role to play
With the use of technology, businesses can easily
in transferring real-world knowledge of using
replenish their shelves and make purchases. UPC and
these technologies and assisting our members
SKU coding, along with handheld devices, have made
in thriving in the digital age.
it possible to perform many manual operations that
were formerly completed by hand. Automation
Clearly, the most unfortunate people are those
broadens the range of options in the retail
who must do the same thing over and over
environment. Consumers no longer have to wait in
again, every minute, or perhaps twenty to the
line for a staff to process and manually key in the
minute. They deserve the shortest hours and the
credit card data; instead, they can quickly process
highest pay.”, says John Kenneth Galbraith.
their payments using automated credit card
machines.
Office payrolls are now automated, so checks don't
need to be manually cut and can instead be printed
using computer programmes. The manual process

3rd Edition, March 2023.

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AREAS OF AUTOMATION

Finance and Budgeting

Recruitment

Cloud Infrastructure Automation

Security

Task/Project Management

Procurement

SaaS Management

Back-office Automation

Front desk Automation

Communication

Facilities

Analytics and Reporting

3rd Edition, March 2023.

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Here, we discuss Account Automation and Compliance Automation in-depth and from the
perspective of professionals.
Why Accounting Automation?
Accounting automation is a good development. You gain time savings, more time for your team
to complete other tasks, and increased financial control as a result. When you first start out, it's
possible that you won't know exactly how your business will grow or how much work it will require
to keep it running. Also, you're not sure what kind of accounting system will best satisfy your
needs.
Accounting automation enables businesses to exchange data between different systems or
apps by automating repetitive tasks. This makes it possible for you to link accounting software
with other business systems, such CRM, HR, and eCommerce, to make data transfer between
them simpler.
The main advantage of accounting automation is that it facilitates the real-time evaluation of
financial data for clients by accountants and bookkeepers. This makes it simpler for them to
decide wisely on tax planning, billing, and other crucial business operations. Additionally, it
speeds up processes like account reconciliation and report production while assisting you in
being legally compliant.
Here are some suggestions if you're seeking for an accounting automation solution:
1.Think about your needs. You want to automate what? Do you want to concentrate on accounts
payable and receivable or automate invoicing and billing? Are you looking for better ways to
manage your personal money or do you require accounting software to run a full business?
2.Recognize the most important aspects. Some services provide all of the above under one roof,
including payroll services, inventory management, and financial reporting. While shopping
around, be sure to determine what aspects are crucial for your company since some people just
specialize in one area.
3.Seek out a system that has an easy-to-use user interface and doesn't require substantial
training to operate (or learn how to use it yourself!). Everyone of your employees will be able to
access their information fast when they need it most if your programme is simple to use, and
they won't have to wait around while someone else works it out.
4.Consider your spending plan. There are plenty of excellent solutions that just cost a few
hundred dollars per month, and they're well worth it if they make your business run more
smoothly. You don't have to spend a tonne of money up front to discover the ideal answer.

3rd Edition, March 2023.

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An organization scales its actions and resources to meet the needs of an expanding compliance
scope through compliance automation, which involves leveraging technology to reduce as
much human, administrative work from compliance activities as possible. Regrettably, the
compliance teams and control operators of many firms spend an excessive amount of time on
routine administrative tasks.

For instance, a lot of compliance managers still manually send out emails and calendar
reminders to remind staff to turn in the documentation required for audits. They then manually
store these documents until the planned audit in SharePoint or G-Drive.

Compliance managers must download files from their internal systems and upload them to yet
another portal once the formal audit process begins. Additionally, the fact that many
organization follow a rolling audit schedule and undergo a number of security audits annually
(many of which have overlapping requirements) contributes to the perception among business
and IT teams that they spend more time supporting audits than regular business operations.

How does Compliance Automation work?

Organizations can use automated compliance software to support compliance process

activities like self-evaluation, planning remedial actions, and analyzing and testing controls.
Manual spot checks can be replaced by automating these procedures.
The organization's security policies are used to configure compliance monitoring systems. The
compliance automation programme copies industry-specific regulations, configurations,
accounts, inventory, and security measures to find problems. This knowledge base of security
requirements and compliance laws is subject to change or updating at any moment by the
company.

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Why Compliance Automation?
Technology is used in compliance automation to streamline an organization's compliance
procedures. In essence, it does away with time-wasting, laborious, and expensive manual
compliance procedures. You may achieve your company objectives and remain compliant by
putting in place a well-thought-out compliance automation strategy. When it comes to
compliance automation, it's critical to comprehend governance and ethical issues. It's time to set
up the proper routines and tools to assure compliance and track results after you've developed a
compliance strategy. This will enable you to recognize any problems or worries pertaining to your
automated procedures swiftly. It is crucial to create mitigation measures once concerns have
been located in order to prevent them from developing into more serious issues in the future.

Last but not least, incorporating AI into your automated processes will help you keep up with ever
evolving rules, ensuring that your company is always compliant.

Compliance automation improves compliance procedures as a whole

The risk of future legal problems or penalties is reduced by automatic compliance with
regulations by reducing the likelihood of potential legal infractions. Other major benefits are as
follows:
Customers get quicker, more precise responses.
Rapidly spot any potential problems or threats
Improved transparency routine inspection
Reduction in business expenses and manual errors
Compliance with regulations more swiftly and easily

Here are some suggestions if you're seeking for an Compliance Automation solution:
Diagnose the Areas of Compliances -Where is all this regulation coming from?
Use Strategic Compliance Solutions – Select better use of technology to deliver that means At
the least, your compliance technology should automatically alert you when control isn’t
executed or tested in a timely manner, so managers can investigate
Address Challenges Along the Way - This step is important because, without it, you can’t
perform a gap analysis to see where controls don’t measure up; and without that, you can’t
develop a plan for remediation.

3rd Edition, March 2023.

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VIEWS OF TALLY EVANGELIST

Let's have a discussion with our Expert on the Topic CA. Vandana Dodhia, popularly known as Tally
Evangelist who have been working with Technology since last 25 years her core work area includes
creating awareness in client team the fundamentals of office automation journey and its benefits
from an accounting standpoint. As we all are aware Tally is a frequently used accounting tool.
Q. What are your thoughts on Automation tools in Accounting?
Business owners can utilise accounting automation as a powerful tool to address issues with
manual accounting. The concept of computerised accounting is not new, but big data analytics,
robotic process automation, and artificial intelligence (AI) have considerably improved the
capabilities of these systems. Artificial intelligence is used in accounting software to track data
and record transactions.
AI automates data entry and other tedious chores, freeing analysts to focus on more important
responsibilities. Modern technology completes tasks accurately and with little manual labour.
Hence, CA and Accountants can concentrate more on preparing investments and budgets.
Financial experts can execute their responsibilities more precisely and efficiently with the aid of
accounting automation software. Automation is a strategy that businesses are using more and
more to optimise resource use and lower operating expenses. Several operations in your ERP
software can be automated by our robotic process automation (RPA) specialists.
Q. How does automation in accounting programme aid Business?
Quicker Turnaround - The accounting process can be automated to save time and effort. You
may now produce results more rapidly and successfully. Also, it helps broaden your client base
and market.
Data Accuracy- For financial operations and preserving a good client reputation, accurate
data is essential. Accounting automation improves accuracy while reducing the likelihood of
errors.
Cutting-edge Techniques- You can save money by automating administrative activities with
accounting automation software. Automation speeds up and lowers the cost of record
processing.
Thorough Examination - Accountants and AR analysts need pertinent and trustworthy data for
trend analysis, fraud detection, and the development of other financial indicators. Automated
accounting solutions' self-service analytics capabilities let non-IT professionals quickly create
reports and visualise data.
Enhanced Security - Traditional accounting systems require large ledger books, journal entry
records, and other account management documentation. It's possible

3rd Edition, March 2023.

 AUTOMATION
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that some of these papers will disappear. Accounting software makes ensuring that data is
prepared and securely kept either locally or in the cloud.
Data Retrieval - You had to sift through reams of paper in order to find a file or document.
Automation technologies simplify data retrieval and location. Accounting automation systems
save costs and increase the adaptability of data archiving.

Q. How does automation in accounting programme aid CA and Accountants?

For instance, in addition to being an accounting tool, Tally provides business management
solutions such as numerous reporting for MIS, and Data Analysis and Verification under audit
Module. It is simpler to manage your inventory thanks to a variety of reports, including stock
summaries, ageing analysis reports, item-wise profitability, multi-currency support, flexible sales
and procurement administration, multiple billing formats, seamless receivables and payables
management, and much more.

Q. How other software intergration supported by Tally?

TallyPrime has its ability to import data from any other software applications, such as Excel, Ms
Access, SQL etc. There are various options available for businesses to make other software
integrations easier for import in TallyPrime. Developers can create direct integrations, use third-
party tools, or create custom TDL solutions to support Excel files. By choosing the right approach,
businesses can improve their workflow and streamline their accounting processes.

To make other software integrations easier for import in TallyPrime, developers generally
consider the following options:
1. Direct Integration: One of the most effective ways to import data from other software
applications is to create a direct integration between TallyPrime and the other application.
2. Third-Party Tools: Another option for businesses is to use third-party tools. These tools can be
integrated with TallyPrime and configured to automatically convert any reports into the
required format. This can save businesses time and reduce the risk of errors that can occur
when manually converting data.
3. Custom TDL Solutions: TallyPrime offers a customizable platform through TDL (Tally Definition
Language), which allows developers to create custom solutions that can extend the
functionality of TallyPrime to any level

3rd Edition, March 2023.

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How Tally observed the Automation journey?

In 1986, Tally Solutions was established. Tally has continued to be inventive and in the lead when it
comes to adopting technologies that are crucial to their customers, such as the switch from DOS
to Windows, LAN adoption in the MSME sector, or the best user interface for transactional systems,
etc.
Tally also uses cutting-edge technology like cloud, data analytics, and AI/ML to provide its
consumers with the best goods available. SME's have traditionally favoured Tally when it comes to
managing their businesses. Tally has continuously considered the characteristics of its products
over the years, never being bound by technology and always placing a priority on meeting the
demands of its clients.

Q. How tally is ready for Various on site location and Branch Accounting?
Tally Synchronization is a process that allows multiple users to access and update the same Tally
data simultaneously. It is an important feature of Tallyprime that enables businesses to
synchronize data across multiple locations, offices, or branches in real-time.
With Tally Synchronization, businesses can easily manage their financial and accounting
operations across multiple locations without worrying about data discrepancies. It helps to
streamline the accounting process and provides accurate and up-to-date information, which in
turn helps to make better-informed business decisions.
Tally Synchronization is an essential feature for businesses with multiple locations or branches. It
helps to keep financial and accounting data accurate and up-to-date, which in turn helps
businesses to make better-informed decisions.

Q. Accounting Automation: Will It Replace Accountants?

Accounting automation software helps financial professionals complete their tasks more precisely
and effectively. It works similarly to a reliable and consistent automated assistant. As a result, the
company’s data analytics and reporting improve, speeding up the process of making strategic
financial decisions.
In many simple accounting tasks, AI technology is more efficient, effective, and error-free than
human labor. Therefore, this doesn’t imply that AI technology replaces Accountant. However, it will
always be the accountants’ responsibility to evaluate and interpret the data produced by the
software.
In the advancement of technology or the economy, there are always greater opportunities. For
their contributions to making Tally a sufficient tool for business houses, CAs may also consider
becoming Tally Trainer.

3rd Edition, March 2023.

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VIEWS FROM JAMKU SOFTWARE IDEATOR

Let's engage in a Question and Answer session with our knowledgeable professional CA Ashok
Madrecha from Jamku, software that offers an Automatic Compliance Tracking solution, to better
understand the fundamentals of Office Automation adoption and benefits.

It was both a pleasure and an honour for us to conduct this conversation with him.

CA Ashok Madrecha is the mentor and chief ideator of Jamku, a practice management software
for Chartered Accountants. Jamku was launched in 2013 and it is currently India’s largest practice
management solution with over 1800 offices choosing it to manage their practice in India and 17+
countries worldwide. Recently, they have launched India’s first “Automated Compliance Tracking”
solution, named “Jamku Portal”. The software company, Madrecha Solutions, demonstrated an
outstanding track record, setting up business from scratch to taking it to number 1 position in India
while still offering competitive prices. In this interview, let’s hear from him about his journey of
establishing a Software company despite the odds of coming from a Commerce background and
way forward.
Q. What does Jamku helps CA Firms?
Heart of the software is Decision Support System (DSS). It helps in Client & Task management by
tracking all the work assigned to team members. It has features like Geo Location based
attendance, time sheet, segmented billing which helps in tracking team member’s holistic
performance. You can provide access to client to view their tasks and files; thus they can access
their data anytime anywhere. Other useful features include Digital Signature (DSC) location &
expiry tracking, inward outward register, out of pocket expense. It has inbuilt chatting and
notification system for real-time collaboration between team members.
Q. How crucial is practice management for this age?
It is a must, if you wish to scale up your practice. There is a need to transform practice from being
people oriented to system oriented, this can only be achieved by using a full fledge practice
management solution like Jamku.
Q. Can you tell me more about your recent launch of “Jamku Portal”, what problem it solves?
Currently, notices are received by clients and then shared with CA. This means there are many
scenarios where reply to notices can be missed because we simply don’t know about it. Our new
offering fetches data from tax department’s website for all clients in one click and then shows all
the insights in a single dashboard. This is helpful for corporate houses which has many entities to
track for notices. Similarly it is used by CA firms to proactively track all the notices which are
received by their clients.

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What is your burn rate? In today’s world, startups are evaluated based on their Cash
Burn Rate (CBR), what is your take on this?
From day one, we aspired to be cash positive month on month. This meant sacrificing a
high growth rate for stability. We built our team slowly to remain profitable. This also
helped in providing the best customer experience by staying in touch with all users of
the software.

Q. What’s your success mantra?

In the tech industry, the rate of obsolescence is way faster than any other industry. We
wrote Jamku Practice Management software from scratch 3 times. It was humongous
task to re-write such vast software. This gave us a technical edge over others. We were
able to provide a modern, clean interface which is snappier and easy to use.
Not all things we created took off. We created 4 solutions before launching Jamku
Portal. My excitement of winning has always been greater than the fear of losing.

Q. Where do you see the future of Compliances in India?

As the government moves to digitization, we will see stricter implementation and higher
penalties. In this scenario, it becomes quintessential for businesses, especially for
corporates to track and monitor all the notices and communications from the
department. We foresee that every corporate house will need a solution like Jamku
portal to track all.

Q. Considering the finite market that you operate in; how do you expect it to grow
manifold?
Now that we have a commendable customer base, we are looking for inorganic growth.
Our focus lies on tech enabled solutions that can be helpful to Chartered Accountants
and large corporates.

3rd Edition, March 2023.

 Jamku Portal
Compliance Tracking Software with Automateddata

fetching from Income Tax, GST, TDS portal

Income Tax

GST

TDS Traces

Madrecha
Vision Value Virtue

Data fetched from Department websites

✓ Notice
✓ Demand ✓ Adjournment
✓ Proceeding
✓ Refund ✓ Closure
✓ Case details ✓ Returns ✓ Order
Intimation
7208203600 / 9987106585
portal.jamku.app jamku.support@madrecha.com

PDF files
All notice, order, intimation PDF available within software
One Click Sync
No captcha solving, No individual client login
Calendar Dashboard
ForNotice reply due, Closure order, Demand raised, Refund rejection, Adjournment
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Acharya Pad Pradhan Maha - Mohatsav
11th March 2023

3rd Edition, March 2023.

Induction Ceremony
19th March 2023

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
Cricket League

PUNE
Event on 3rd March and 4th March

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
Felicitation of New Chartered Accountants and
Doctors

MARATHWADA

Felicitation of newly passed

Jain Doctors by JCAF
Marathwada

Felicitation of newly passed

Jain Chartered Accountants
by JCAF Marathwada

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
MOU with Central Bank

MUMBAI
।।वंदे श्री ऋषभं वीरं।।

Jai Jinendra Friends

With immense pleasure we would like to inform you that JIO (Jain International
Organisation) has signed a MOU with Central Bank of India to facilitate priority
processing of Loans under various Central Goverment Schemes to deserving,
aspiring and eligible Jain entrepreneurs including professionals.

As JCAF (Jain Chartered Accountant Federation) is the Nodal body of JIO for
implementing the scheme, we invite all Jain Chartered Accountants to get
empaneled for this project.

Get in touch with us to know the nitty-gritty of the schemes and how it could
benefit not only to Jain Shravaks but also to CAs thereby creating win win
situation for everyone associated with the project. Proper training shall also be
provided to CAs who gets empaneled for the project.

Interested JCAF life members are requested to register their interest through the
Form given in the link below:

https://docs.google.com/forms/d/19EG3vZbZTWSa9Ax0dWJDiw8eHdiPOjwY-
y_GxI-wOuE/edit

JCAF Life Membership is available at just ₹1100 at www.jcaf.in

Warm regards,

Team JCAF

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:

Jai Jinendra,
JIO-JCAF's mentor Param Pujya Ganivarya Shri Nay Padma Sagarji Maharaj Saheb will be
conferred "ACHARYA PADVI" on Saturday, 11th March 2023 at Mahalaxmi Race Course, Mumbai.
JAIN CHARTERED ACCOUNTANTS’ FEDERATION is pleased to hold a Video/ Reel Contest with
"THEME: ALL ABOUT JCAF".
All are invited to participate & showcase their talent & Win Bumper Prizes. T&C Apply
MAKE YOUR REEL & WIN BIG!!
Google Form Link: https://tinyurl.com/ReelContest

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
Blood Donation Drive

MUMBAI
On 06th December 2022, Blood Donation Drive was organized by Jain Chartered Accountants’
Federation at Andheri Station. The NSS Students offered their support for the Drive and the
entire team of Nair Hospital Blood Bank were in charge for the Drive.
We thanks to our Sponsors for this noble cause - Ananta Resource Management Pvt. Ltd.,
Ananta Finserve Pvt. Ltd., Monika Jain & Co Money More Consultancy Services Pvt. Ltd.
JCAF Committee member CA Mukesh Solanki (Director- Ananta Resource Management) had
his birthday on same day, he inaugurated the event with
CA Vidhyut Jain (Secretary, JCAF Mumbai) and CA Punit Mehta (Treasurer, JCAF Mumbai)
along with CA Manoj Sethia, CA Gajesh Jain, CA Kaitik Shah, Mrs. Ekta Mehta Solanki
Heartfelt thanks to our JCAF Members CA Mukesh Solanki, CA Mahendra Jain, CA Nimesh
Mehta and CA Abhishek Jain for donating blood.
107 units of Blood Bags were collected at this drive at Andheri Station.
CA Mukesh Solanki

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
Blood Donation Drive

MUMBAI
Donating blood is very important in such blood crisis situation! JCAF is organizing its 16th Blood
Donation Drive on 24th February 2023 at CSMT Railway Station
Thanking Our Sponsor; Elite Group (Share Market Intellectuals) In fond memory of our beloved
friend, Nikunj P Kansara, Rajkot for funding such a noble cause and CA Vidhyut Jain for
arranging the Drive.

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
UNION BUDGET 2023

MUMBAI
Let us have a Panel Discussion on Union Budget 2023 on 2nd February 2023 5:00 pm
onwards.
Venue: Garware Cub House
Wankhede Stadium, Vinoo Mankad Rd, Churchgate, Mumbai, Maharashtra 400020

3rd Edition, March 2023.

 NOSTALGIA – GOING DOWN MEMORY LANE:
UNION BUDGET 2023

MUMBAI
Thank you Srinivas Vakati for leading the Speed Reading workshop and teaching
various tricks to increase our reading speed.
Srinivas Vakati CA Vivek Shah Mrinal Mehta CA Hiral Suresh Shah Palak Parekh Amrit
Porwal

3rd Edition, March 2023.

Dear Sponsors,
We appreciate you giving our request for
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Dear Contibutors,,
We wanted to take a moment to express
our team's gratitude.
We are constantly in awe of the people in
our community who employ ingenuity,
ideas, and service to make a difference
on a local as well as a global scale. We
are motivated. Every time we read or edit
a piece of information, the knowledge
that other people are working to achieve
their same goals of turning challenging
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For us, the goal was to influence the
discourse and share news that advances
positive trends. Thanks to your support,
we are now able to accomplish precisely
that, and we sincerely appreciate it.
To us, community is everything.

Dear Readers,
We appreciate everyone who took the time to read our newsletter. We value you taking
the time to get in touch with us whenever you want. We value the time you spent
considering potential future subjects. We appreciate you speaking up and imparting
your wisdom. We appreciate your reading, as it enables us to write even more each
time you do so and leave a remark.
The procedure is intense, individual, close-knit, and moving. This is what it stands for,
and each day, even when we are worn out, fatigued, and aching from the words, we are
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Without the love and support of our readers, we could not accomplish this. You read the
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Our common experiences link us to one another in an outward-spreading web of
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As contributors, we are aware that our newsletters are only effective when they are
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With much gratitude, we send this tribute from our hearts to yours.

3rd Edition, March 2023.

 JCAF is an incredible
organization where we meet
like minded people.One can
exchange and enhance his
own knowledge n wisdom
.JCAF is also a large platform
serving and bringing together
the esteemed Jain Chartered
I recently had the privilege of joining JCAF, and it has
Accountants feternity.I have
been an incredibly enriching experience for me both
enjoyed and immensely
personally and professionally. JCAF is composed of a
benefited by Joining JCAF. CA
diverse set of individuals who are all experts in their
Anil Pokharna, Mumbai
respective fields, and I have learned so much from them.
Through attending meetings organized by JCAF, I have
gained valuable insights and knowledge that have
helped me enhance my skills and expertise. I have also
had the opportunity to collaborate with other members
on projects, which has been an incredibly rewarding
experience. At JCAF we found an unique
JCAF has a strong sense of community and camaraderie. platform where we get
Additionally, being a part of JCAF has opened up new opportunities to give back to
opportunities for me, both in terms of career growth and society and profession to the best
personal development. of our abilities. We found it the best
Overall, I would highly recommend joining a JCAF to place to come together with like
anyone looking to enhance their skills, grow their network, minded people, network, socialise,
and advance their career. The benefits are invaluable, share knowledge, grow contacts,
and I am so grateful for the opportunities that this JCAF exchange ideas, develop oratory
has provided me. and leadership skills and help
CA Litesh Gada others grow and in the process
ensure growth for self and family.

CA Amrit Porwal

JCAF is PAN India platform for Jain Chartered

Accountants providing a wonderful opportunity for
Networking, to collaborate with others to share
ideas and thoughts on different aspects of
profession. It also provides an opportunity to young
individuals to come forward and take leadership
roles. The collective efforts put in by all Jain CA's
under JCAF will definitely bring a wonderful results
for the society at large. Proud to be a part of JCAF -
Anish Shah, CA, Mumbai

3rd Edition, March 2023.

The opinions expressed in this publication/interview do not purport to
reflect the opinions or views of the JCAF or its members. The
designations employed in this publication and the presentation of
material therein do not imply the expression of any opinion whatsoever
on the part of the JCAF concerning the legal status of any country,
area or territory or of its authorities, or concerning the delimitation of
its frontiers.

The information provided in this newsletter does not, and is not

intended to, constitute legal advice; instead, all information, content,
and mterials available are for general informational purposes only.
Information may not constitute the most up-to date legal or other
information. This newsletter contains links to other third-party
websites. Such links are only for the convenience of the reader, user or
browser; the JCAF and its members do not recommend or endorse the
contents of the third-party sites.

Editorial Committee

CA JAYESH KALA CA MITA KALA CA HIRAL MEHTA CA SHEETAL SETHI CA KAVITA SHAH

Editorial Committee Members

CA Vandana Dodhia CA Mukesh Solanki CA Chintan Shah
CA Nirav Saiya CA Mitul Shah CA Paras Jain
CA Nimisha Mehta CA J K Parakh CA Bhuvan Singhi

3rd Edition, March 2023.