| |9 June 2018HIGHERReviewCAs can take up additional skills and gain proficiency in a particular field of accountancy or taxationbusiness entities legally compliant. Students who are studying to be a Chartered Professional are subse-quently expected to gain an in-depth knowledge of every subject taught in the curriculum. This makes for a strong foundation of knowledge basis upon which they can build a rewarding career.Even after qualifying as a CA, learning never ends. In the past few months, there have been some no-table tax reforms which have led to the introduction of newer tax laws by repealing the older ones. It means every working tax professional has to constantly unlearn and re-learn in order to update their knowledge. This is the only way they can re-main on the top of their game and be capable of delivering best services to their clients. Apart from learn-ing the latest developments in the field of accountancy, taxation, and laws, chartered professionals these days, are also required to brush up their soft skills in order to facili-tate effective communication with their clients.CAs can take up additional skills and gain proficiency in a particular field of accountancy or taxation. For instance, with the introduction of Insolvency and Bankruptcy Code in 2016, many professionals pursu-ing a career in law and taxes made a switch and became Insolvency professional whereby they provided assistance regarding insolvency of businesses, partnerships, and so on. There has also been a demand in the number of professionals in Forensic Accounting who possess the skills of detecting fraud and embezzlement in the business transactions. In the recent times, India is pro-gressing towards a digital economy where paperless transactions are highly recommended. Various Gov-ernment Departments have switched to e-Filing utilities so that the tax-payers can now file their tax returns electronically, through tax compli-ance software like Taxmann's One Solution to their web portals. This, in turn, makes it necessary for the tax professionals to be well versed with the information technology as-pect of dealing with tax complianc-es. Also, they have to stay abreast of the latest developments in the field of technology so as to maintain the ultimate standards of data privacy and data integrity. For a Chartered professional, learning is a lifelong process. They always face a demand-ing and an uphill task of keeping themselves updated with the latest developments so as to be best in their respective field. An LLM in International Taxation from University of Florida and WU (Vienna University of Economics and Business), Ansh Bhargava had received his LLB degree from O. P. Jindal Global University. Currently, he is holding the chair of Director at Taxmann Publications.Ansh Bhargava
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