Message from Chairman

From the desk of Chairman

Dear Members,

While I keenly look forward to welcome you all to our 54^th Annual General Meeting, I would like to thank all those who participated in the last AGM by giving their useful suggestions/guidance for the betterment of Society. I hope in the forthcoming AGM too I expect large number of members taking part in the deliberations and contribute to the success of the Meeting.

On the occasion of 54^th Annual General Meeting of our Society, I would like you to ponder over some of the issues concerning us.

After the Demonetisation of higher value Indian currency, our Government implemented the much-debated Goods & Services Tax (GST) in July last year which drastically altered our earlier view of collection of taxes by the government. 􀀦e pros & cons and its impact on trade, industry and business continue to be debated by various forums. We are sure, in due course, all businessmen shall reconcile and adapt to the new Tax regimen.

We as Small & Medium enterprises in Sidhpura are grappling with this new Tax regime and hope matter will settle down after overcoming the initial disruption to our business.

I suggest all our members to get registered with MSME, NSIC, ZED Certifcations on Government of India Portals to take advantage of various schemes like subsidy on machineries, CGMST loan schemes, PF etc.

As many of you are aware the Government of Maharashtra has released the New Development Plan (DP-2034) for the State. It is presumed that new DP will give a boost to the redevelopment activities in Mumbai. Detailed features of the Plan is expected to be released to the public by mid-October'18. We hope this new DP will be helpful in our anticipated Redevelopment Plan of the Sidhpura Society.

A detailed annual activities of the Society is published in this Annual Report for the benefit of members. Any suggestion for improvement is welcome.

Meanwhile I will appreciate confirmation of your at tendance by (email: the.sidhpura.ciel@gmail.com), to make better arrangement at the venue.

With warm regards

Mohammed Saleem Dhukka

Chairman