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CA Rahul V Adake, Chairman, Belgaum ICAI
CA Rahul V. Adake

Respected Colleagues in the profession, students and all other sections of the Society who are privy to this website,

It is my proud privilege to communicate to you as the Chairman of Belagavi Branch of SIRC of ICAI. In this area of Digital India, speedy, accurate and reliable access to data is the most vital cog in the wheels of the Economy, Finance and also Administration as a whole. The Institute of Chartered Accountants of India, A premier Accounting and Assurance Body of India, functioning as an Autonomous Institution directly under the Ministry of Finance of the Government of India. I am extremely proud of the fact that I belong to this August Profession and again doubly fortunate to head the Belagavi Branch of SIRC of ICAI for FY 2020-21. I may also point out that- The Institute of Chartered Accountants of India is the biggest accounting body in the world. The current membership of ICAI boasts of more than 3.5 lakh- members and 8.00 lakh students and counting.

Coming to Belagavi Branch, the Belagavi branch of SIRC of ICAI was established in 1974 and was just the 2nd branch established in Karnataka after Bengaluru. We are also the Sponsoring Branch when we helped Hubballi Branch to establish. In that sense, our Branch is the parent branch of Hubballi Branch of SIRC of ICAI. We boast of a membership base of nearly 340 out of whom nearly 250 are Practicing in Belagavi and growing day by day. We also boast of the CA Examination Centre at Belagavi itself from the year 1974 itself. About 600 students take the CA examinations here, twice a year. We are a very active and vibrant branch, having a very healthy atmosphere and understanding amongst the members, with a great mix of young and elderly professionals. It is a matter of pride for all of us that, we are fortunate to have the Oldest practicing CA in Karnataka and probably in the country at 92 years of age.

On the achievements front, Our Branch first won the National Best Branch Award of ICAI in 2002-03. We are also proud of the fact that for the last three consecutive years, our Branch has been adjudged as the Best branch at the Southern India Regional Council, for the years 2017-18, 2018-19 and 2019-20. We have also received the Best branch at the Southern India Regional Council, for the Students Section activities for the year 2003-04.

Taking a brief view of our City, Geographically we are the second largest district in Karnataka and also the second Capital of the state with the building of the grand and picturesque “Suvarna Vidhan Soudha” where every year winter sessions of the State Legislature are held. Belagavi is at an equidistance of 500 km from important cities of the country Mumbai (Financial Capital of India), Bengaluru (IT hub of India) and Hyderabad (Cybercity of India) and near to Tourist attraction of the country, Goa which is just about 120 km away.

Belagavi is one of the biggest Educational Hubs in India boasting of very noteworthy and prestigious Educational Institutions disseminating quality education in the varied streams of Engineering, Medical, BBA, MBA, Ayurvedic, Homeopathic and Law Profession colleges, wherein students from all over the country come for studies. We are the home of not one or two but three Universities,

  • Visvesvaraya Technological University which is the Central University of Karnataka wholly controlling all Engineering Institutions of the state,
  • Rani Channamma University which controls the Arts, Commerce and Science colleges of North Karnataka and
  • KAHER – a deemed Health University sponsored by the KLE Society, Belagavi

The KLE Society, Belagavi headquartered at Belagavi, celebrating its Centenary year is also the biggest Educational Society disseminating education through around 270 Institutes spread across three states.

Similarly, Belagavi is also an Industrial belt with Industries like foundry, cast iron, hydraulic, Valves, Sugar, Aerospace Engineering, Helmets and sarees. Belagavi is also famous for a milk-based sweet – Kunda and is aptly also called Kundanagri. Due to good climatic condition with ample rainfall, the Belagavi district is also famous for rice, cotton, pulses and vegetable farming.

Belagavi is also having Airforce and Army base and having a good climate, water, a pollution-free environment and covered by dense forest areas rich in natural resources. It is the first city in Karnataka to be developed as a smart city and is well connected by roads, National Highway NH4 under Golden quadrilateral and well connected by Rail and Air. Air traffic is second highest in Karnataka.

Services rendered by our members are in the field of Income-tax, GST, Appellate matters, Prof. tax, labour laws, Corporate law, International taxation, Internal audits, bank audits, cooperative audits, Trust matters, Project financial consultancy, Management and financial consultancy services.

Our branch conducts various activities for members and students, like Continuing Professional Education (CPE) seminars and conferences to enrich the knowledge. We also organize games and health fitness activities to keep members healthy, arrange a family get-together to develop not only closer professional but also family relations as well, organize trips to keep all refreshed and re-energized. We conduct various events on topics of interest and benefit to the Society at large like Union and State Budget analysis, GST, Income tax, etc. for citizens of Belagavi. Many programmes are also conducted along with Government Departments like Income Tax, CBEC, Co-Operative Dept etc. We also carry out other social responsibility activities like blood donation, environment watch, a donation to old age homes, orphanages etc. to mark days of national importance.

I think I have covered pretty much everything in this address. Although trying to describe our City, Institute and our Belagavi Branch in these many lines was like trying to fit an elephant in a basket. I also once again take this opportunity to thank each and every member for having posed their faith and trust in me to take charge of the branch for the year 2020-21 and I expect full cooperation and support to keep the branch active and vibrant as usual.

– C.A. Rahul V. Adake

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