All posts by Sai Krishna

AICPA and CIMA to Convene India's Finance and Accounting Leadership in Bengaluru for Summit Series in May

The Association of International Certified Professional Accountants, representing the American Institute of Certified Public Accountants (AICPA) and The Chartered Institute of Management Accountants (CIMA), will convene senior finance leaders, global experts and strategic partners in Bengaluru from May 12 to 14, 2026, for a three-day series of engagements focused on how the accounting and finance profession will evolve in the years ahead. Hosted at The Ritz-Carlton, the events will bring together decision-makers from across finance, public accounting and policy sectors to examine shifts in governance, capital allocation, skills and regulation, and to define what the profession must do to continue to lead.
 

AICPA and CIMA to Convene India's Finance and Accounting Leadership in Bengaluru for Summit Series in May

Mark Koziel, CEO, AICPA and CIMA
 

The programme will be led by Mark Koziel, CEO, AICPA and CIMA, whose India visit includes keynote addresses across all three days, alongside participation from global and regional leaders including Tom Hood, Executive Vice President, Business Engagement and Growth, AICPA and CIMA; and Venkkat Ramanan, Regional Vice President Asia Pacific, AICPA and CIMA.
 

Offering a broader view on the convening, Mark Koziel, CEO, AICPA and CIMA noted, “India stands at a point where finance leaders are expected to interpret complexity with precision and act with conviction. Bringing together senior professionals and global perspectives in Bengaluru allows for candid exchange on risk oversight, performance measurement and the application of emerging technologies in finance and accounting. These engagements are designed to shape and develop the profession’s capabilities to meet emerging business and client needs.”
 

Venkkat Ramanan FCMA CGMA, Regional Vice President Asia Pacific, AICPA and CIMA added, “Every conversation I have with our members in India comes back to the same thing – they want to lead, not just keep pace. That ambition reflects the right mindset, and AICPA and CIMA are primed to match it with the relevant skills the profession now demands. These events will drive this further.”
 

The Bengaluru convening is part of AICPA and CIMA’s ongoing engagement with the Indian market, working with members, employers and institutions to support the profession’s development and respond to shifts in technology, regulation and business models. Central to this is RISE2040, a global, multi-year initiative combining research, thought leadership, digital platforms and practitioner networks to shape how the profession will evolve over the next 15 years, building on programmes like the CPA Vision Project and Horizons 2025 to strengthen its role in strategic decision-making and long-term value creation.
 

Three days of seniorlevel engagement in Bengaluru

The series opens on May 12 with the CFO Summit, a closed-door working session for CFOs and senior finance leaders in India, structured as a tightly choreographed research and foresight programme focused on producing measurable decisions, governance models and new metrics of value for participants to take back to their organisations. The afternoon will begin with a keynote by Koziel setting the global context for the profession’s shift from historical measurement to decision intelligence, followed by moderated roundtable discussions on how finance functions are becoming forward-looking, how capital is being managed through economic and technological transition, and how fiduciary responsibility is expanding across ethics, regulation and artificial intelligence. Discussions will address themes including anticipatory finance, data governance as a control framework, valuation in transition environments, sustainability-linked financial metrics and emerging regulatory expectations, concluding with a curated dinner to strengthen relationships across India’s senior finance leadership community, with around 50 senior leaders expected.
 

On May 13, the RISE2040 Conference will bring together members, employers, public accounting leaders and partners for a full-day exchange on the future direction of the profession. The event is positioned as AICPA and CIMA’s flagship gathering in India. The conference will focus on how the profession is preparing for the next decade, with emphasis on capability, market structure and the evolving role of finance, opening with a keynote from Koziel and recognition of leading employers in India contributing to finance talent. Sessions will examine how artificial intelligence is reshaping finance roles and decision-making, and take a detailed look at the Global Capability Centre ecosystem in India and its next phase of growth. The agenda will further address developments across auditing, accounting and tax from a US–India perspective, alongside discussions on advocacy priorities and the long-term capability agenda.
 

The final day, May 14, will feature the Major Firms Group Partner Council Meeting, a focused engagement with a select group of strategic partners. The session will include a keynote address by Koziel and facilitated discussions aimed at aligning priorities, strengthening collaboration and advancing shared objectives for the profession. The day will also include media interactions, leadership briefings and meetings with accounting firms and employers, forming part of the broader engagement during the India visit.
 

About AICPA and CIMA

The Association of International Certified Professional Accountants, representing the American Institute of Certified Public Accountants (AICPA) and The Chartered Institute of Management Accountants (CIMA), is one of the world’s largest professional bodies for accounting and finance professionals. Formed in 2017, it brings together the capabilities and legacy of both organisations to support the profession across more than 150 countries and territories, with a combined network of over 580,000 members, candidates and registrants.
 

AICPA is the world’s largest member association for the CPA profession, responsible for setting ethical, attestation, and private company auditing standards in the United States and for developing the Uniform CPA Examination. CIMA is the world’s leading professional body of management accountants and works closely with employers to equip finance professionals with the skills required for business leadership and strategic decision-making. Together, these organisations contribute to a global framework that supports both public accounting and management accounting disciplines.

AICPA and CIMA to Convene India's Finance and Accounting Leadership in Bengaluru for Summit Series in May

Ai+ Smartphone Nova 2 Goes on Sale on Flipkart Starting April 14

Ai+ Smartphone has announced the commencement of sales of its latest device, Nova 2, as part of the newly launched Nova Series. Designed for everyday reliability and expressive personal style, the Nova 2 is available exclusively on Flipkart and select retail outlets starting April 14.

 

Ai+ Smartphone Nova 2 Goes on Sale on Flipkart Starting April 14

Ai+ Nova 2 goes on sale


The Ai+ Nova 2 will be available at the following pricing:
4GB + 64GB | Rs. 8,999
6GB + 128GB | Rs. 10,999


The Nova Series is our strongest expression yet of what Ai+ stands for, technology that is accessible, reliable, and built for real everyday use. With Nova 2, we wanted to make sure that users who are upgrading for the first time or switching to Ai+ find everything they need without compromise. We are excited to open sales on April 14 and bring more users into the Ai+ ecosystem,” said Madhav Sheth, CEO, Ai+ Smartphone and Founder, NxtQuantum Shift Technologies.


Performance That Powers Your Day
The Nova 2 is equipped with a 6000mAh battery designed to keep up with a full day of streaming, browsing, gaming, and multitasking. It runs on Android 16 with NxtQuantum OS, delivering a smooth and optimised experience straight out of the box. Featuring a 6.745-inch HD+ display with a 120Hz adaptive refresh rate and HBM support, the Nova 2 delivers fluid visuals and seamless scrolling whether users are consuming content or navigating everyday tasks.


A Camera and Design Built for Everyday Life
The smartphone comes with a 50MP rear camera designed to capture sharp, natural images across lighting conditions, along with an 8MP front camera for clear selfies and video calls. The Nova 2 further features a refined build with IP64 resistance and a side-mounted fingerprint sensor, available in five distinct colours – Purple, Green, Pink, Blue, and Black – each designed to reflect a different personality.


About NxtQuantum Shift Technologies
NxtQuantum Shift Technologies is a deep-tech Indian company building secure, sovereign digital platforms for a digital-first world. Founded by Madhav Sheth, the company develops NxtQuantum OS, India’s first sovereign operating system, and is committed to building technology that is authored in India and globally competitive.

Ai+ Smartphone Nova 2 Goes on Sale on Flipkart Starting April 14

Gola Sizzlers Created History: Won 6 Awards at the Times Food and Nightlife Awards

Gola Sizzlers Created History:

The first restaurant to win six awards in one night, setting a new benchmark for culinary excellence

New Delhi: Gola Sizzlers, a legendary name in the dining world, created history by becoming the first-ever restaurant to win six prestigious awards in one night at the Times Food and Nightlife Awards 2025. These accolades reaffirmed its position as a leader in the Delhi NCR food and hospitality scene, celebrated for its innovation, culinary brilliance, and commitment to excellence.

The restaurant was crowned the best across multiple regions, including North, West, and East Delhi, as well as Ghaziabad. Its vibrant bar experience earned it recognition in East Delhi. Adding to the glory, Chef Shaurya Veer Kapoor was named Chef of the Year, honoring his creativity and passion for curating exceptional dining experiences.

Chef Shaurya Veer Kapoor expressed his gratitude, saying, “This recognition is truly humbling. At Gola Sizzlers, every dish is a labor of love, and this award is a testament to our dedication to delighting every customer. It motivates us to keep innovating and pushing the boundaries of culinary artistry.”

Since its establishment in 1988 by Mr. Naresh Kapoor, Gola Sizzlers built a legacy of excellence over three decades. Renowned for its iconic sizzlers and diverse menu featuring Chinese, Continental, Mughlai, Italian, and Japanese cuisines, the restaurant combined tradition with innovation to offer a feast for the senses.

Rajat Kapoor, Director of Gola Sizzlers, added, “Those awards are not just for us but for our entire team, whose hard work and passion made Gola Sizzlers what it is. We are excited to continue our journey, setting new milestones in the world of fine dining.”

Manik Kapoor, Director of Gola Sizzlers, reflected, “Winning six awards in one night was a dream come true. It was a reflection of the love and trust our patrons showed us for over 36 years. That moment has inspired us to continue creating unforgettable dining experiences.”

Previously, Gola Sizzlers had been honored with awards like the HT City Best Sizzler Award, Best Multi Cuisine Restaurant, and the Times Hospitality Icons 2023 Concept Restaurant of the Year. That historic win further cemented its reputation as a beloved institution in Delhi NCR, celebrated for delivering excellence in every bite.

UPSC Champions Return to Inspire: VisionIAS Hyderabad Hosts Topper’s Talk with GS Foundation Classroom Topper’s

UPSC Champions

Mr. Uday Krishna Reddy (AIR 350) & CH Sowmya (AIR 951) UPSC CSE 2024 attends Vision IAS Classroom Students Topper’s Talk seminar in Hyderabad

Hyderabad, 25th April 2025: Vision IAS, Hyderabad, hosted a seminar on 23rd April 2025 featuring several successful UPSC aspirants sharing their journeys. One such inspiring story of Uday Krishna Reddy who started his journey from police constable to IPS officer 

Uday Krishna Reddy hails from Prakasham District. His early life was marred by tragedy as he lost both of his parents at attender age. Raised by his grandmother Ramannamma he had faced numerous hardles but remained determined to carve out a brighter future, His Journey started From Police Constable to UPSC Topper.

Speaking at the Press meet Mr.Uday Krishna Reddy (AIR Rank 350 ,UPSC CSE 2024 ) and Ms. CH SOWMYA (AIR RANK. 951, UPSC CSE 2024

Ch. Sowmya has made her mark by clearing the prestigious UPSC Civil Services Examination 2024, securing an All India Rank of 951. Sowmya is an alumnus of the Indian Institute of Technology (IIT) Guwahati, where she completed her B.Tech. Her achievement is a testament to her relentless dedication, intellectual depth, and consistent hard work.

Working as Vision IAS faculty member, Sowmya holds a Master’s degree in Anthropology. Her passion for education and mentorship has inspired many aspirants, and she continues to be a guiding force in the UPSC preparation community.

Speaking on occasion Mr. Krishna Singh (Branch head VISIONIAS- South Region) We are conducting a seminar on UPSC preparation, strategy by our GS Foundation Classroom Topper students who secured All India Rank 350 and 951 on 23 April 2025 at VISIONIAS, Hyderabad.

CCiRE-Shaping Future of CRE through synergistic collaboration with Corporates

Bengaluru 25th April, 2025– Through Research & Education on the Subjects of Corporate Real Estate, Facilities management and Data science. A First-of-its-kind Initiative creating a Thought Leadership Platform Set to Bridge the Gap between Industries’ sectors and sectoral gaps. A cohesive effort to bring Fraternity, Academia & Policymakers together. Introducing CCiRE – Catalyzing Transformation in Facility Management and Corporate Real Estate.

CCiRE-Shaping Future of CRE

 In a groundbreaking move to address the widening talent gap in the ever-evolving sectors of Facility Management (FM) and Corporate Real Estate (CRE), a pioneering platform – CCiRE (Consortium of Corporates in Research and Education has been launched to unite industry leaders, academia, and policymakers.

With reports from NASSCOM indicating that 95% of Indian graduates are deemed unemployable due to a significant skills mismatch in certain industry sectors, the need for focused, future-ready solutions has never been more urgent! CCiRE positions as an innovation driven kind of initiative designed to deliver tangible outcomes through interactive forums, industry interactions, in the process of creating research and transformative education.

Why CCiRE?

India’s evolving economic landscape demands a workforce that is not just skilled but strategically aligned with industry needs. CCiRE aims to be the bridge that connects knowledge with practice and thought with action!

The CCIRE Approach: Actionable Solutions through Two Core Pillars 1. Research: Driving Innovation & Policy Impact Hosts high-impact forums – monthly, quarterly, and annually – bringing together CEO’s, Industry leaders, change makers, policymakers, and academic leaders. Focuses on delivering real-world solutions, including: • Policy white papers • Corporate best practices • Scalable and sustainable models for growth 2. Education: Building Future-Ready Talent For Blue-Collar Workers: Accelerated certificate programs designed to foster career advancement.

In collaboration with various Education institutions in Mangalore and Bangalore, with a plan to expand in other cities sooner, CCiRE plans to offer Diplomas, bachelor’s degree, FY 2025-26 including some short-term Foundation-Courses. CCIRE is not just a platform, IT is a movement towards transforming how India thinks about Employability, Innovation, and Industrial growth. By integrating Research, Education, and Policymaking under one roof, CCiRE aims to redefine the talent pipeline for FM and CRE, ensuring a future where India leads with Skill, Strategy, and Sustainability. Sharing his insights into the same Jayaram S Govindaiah, Founder of CCiRE, said, “As industry experts we feel that there is a dearth of talent & the requirements are not part of the curriculum in any university. We feel there is a specialisation which is needed to address the industry challenges; hence we are propagating custom made courses & even degree in the domain. This will enable employment ready talent while industry will gain big time”. 

India’s largest jewellery retail brand from the house of Tata, Tanishq, opens two new stores in Hyderabad in SunCity and Kokapet

Hyderabad, 23rd April 2025: Tanishq, India’s largest jewellery retail brand from the house of Tata, has expanded its retail footprint with the launch of its grand store in Suncity and Kokapet, Hyderabad.

The Suncity store was inaugurated by Mr. Swadesh Kumar Behera, Chief People Officer and Mr. Ajay Dwivedi, Regional Business Head -South.

Later Mr. Vasudevara Rao, Regional Business Manager; Mr. Venkata Subba Reddy, Business Partner; Mr.Ajay Dwivedi, Regional Business Head -South; Mr. Swadesh Kumar Behra, Chief People Officer addressed a press conference.  A mini fashion show was organised showcasing the lastest collection

Both new stores showcase an exquisite range of jewellery, including gold, diamonds, Kundan, Polki, and contemporary designs, as well as an exclusive wedding collection to suit every taste.

Suncity store spanning 7500 sq. ft and Kokapet store spanning 8500 sq. ft., presents an extensive selection of iconic Tanishq jewellery designs across dazzling plain gold, exquisite diamonds, kundan and polki. Alongside, the store offers an exclusive range of mangalsutras, ‘Dor’, inspired by sacred elements of the Hindu wedding.

Furthermore, the store also houses ‘Aarna’, an exclusive Varamahalakshmi collection inspired by the goddess herself & her various forms.

Additionally, the store presents an exclusive jewellery line for men, ‘Aveer’, along with stunning jewellery pieces from ‘Rivaah’, a dedicated wedding jewellery sub-brand of Tanishq. Rivaah is meticulously crafted to align with the fashion preferences of women from various regions across India and has evolved as a one-stop destination for wedding shopping.

Speaking on the inauguration, Mr.Ajay Dwivedi, Regional Business Head -South, said, “As one of India’s most beloved jewellery brands, Tanishq remains dedicated to providing exceptional service to our customers.

All Tanishq stores are equipped with the Karatmeter, which enables customers to check the purity of their gold most efficiently. The Tanishq retail chain currently spreads across 500+ exclusive boutiques in more than 300 cities, the press release stated

Hyderabad, 23rd April 2025: Tanishq, India’s largest jewellery retail brand from the house of Tata, has expanded its retail footprint with the launch of its grand store in Suncity and Kokapet, Hyderabad.

The Suncity store was inaugurated by Mr. Swadesh Kumar Behera, Chief People Officer and Mr. Ajay Dwivedi, Regional Business Head -South.

Later Mr. Vasudevara Rao, Regional Business Manager; Mr. Venkata Subba Reddy, Business Partner; Mr.Ajay Dwivedi, Regional Business Head -South; Mr. Swadesh Kumar Behra, Chief People Officer addressed a press conference.  A mini fashion show was organised showcasing the lastest collection

Both new stores showcase an exquisite range of jewellery, including gold, diamonds, Kundan, Polki, and contemporary designs, as well as an exclusive wedding collection to suit every taste.

Mr.Ajay Dwivedi, Regional Business Head -South

Suncity store spanning 7500 sq. ft and Kokapet store spanning 8500 sq. ft., presents an extensive selection of iconic Tanishq jewellery designs across dazzling plain gold, exquisite diamonds, kundan and polki. Alongside, the store offers an exclusive range of mangalsutras, ‘Dor’, inspired by sacred elements of the Hindu wedding.

Furthermore, the store also houses ‘Aarna’, an exclusive Varamahalakshmi collection inspired by the goddess herself & her various forms.

Additionally, the store presents an exclusive jewellery line for men, ‘Aveer’, along with stunning jewellery pieces from ‘Rivaah’, a dedicated wedding jewellery sub-brand of Tanishq. Rivaah is meticulously crafted to align with the fashion preferences of women from various regions across India and has evolved as a one-stop destination for wedding shopping.

Speaking on the inauguration, Mr.Ajay Dwivedi, Regional Business Head -South, said, “As one of India’s most beloved jewellery brands, Tanishq remains dedicated to providing exceptional service to our customers.

All Tanishq stores are equipped with the Karatmeter, which enables customers to check the purity of their gold most efficiently. The Tanishq retail chain currently spreads across 500+ exclusive boutiques in more than 300 cities, the press release stated

City Entrepreneur and Pharma Packaging Entrepreneur Addresses Europe’s Premier Pharma Congress

AVPS CHAKRAVARTHY

Hyderabad, April 22, 2025Chakravarthi AVPS, a distinguished pharma packaging entrepreneur from Hyderabad and an internationally recognized pharmaceutical packaging expert, was invited to deliver a keynote address and moderate a high-level plenary session at just just-concluded PHARMAP 2025, Europe’s premier pharmaceutical manufacturing and packaging congress, held recently in Berlin.

The congress brought together over 300 senior decision-makers from global pharmaceutical leaders, including Bayer, Roche, Johnson & Johnson, AstraZeneca, Novartis, Novo Nordisk, Pfizer, and Takeda. The event focused on cutting-edge advancements in packaging, supply chain management, and digitalization of pharma manufacturing, with sustainability, blockchain, IoT, and AI as key themes.

Chakravarthi’s keynote address, titled Safe Medicines: A Global Way Forward for Securing Pharmaceutical Integrity and Patient Safety,” struck a powerful chord. Citing historic tragedies such as the 1982 Chicago Tylenol incident and highlighting today’s fragmented global supply chains, he emphasized the critical importance of traceability, regulatory harmonization, and packaging innovation.

“Every medicine must be genuine, traceable, and safe,” he stated, spotlighting the pivotal role of advanced technologies such as RFID, blockchain, and serialization.

He proposed two strategic pathways to address global challenges:

  1. Digital Traceability for Developing Nations – Through scalable technologies and public-private partnerships.
  2. b– By aligning with international standards like GS1 and ICH, and fostering mutual recognition without compromising national interests.

As moderator of the insightful plenary session, Navigating Disruption: Innovation in Pharma Supply Chains, Chakravarthi led a robust discussion with experts from Takeda, LEO Pharma, New Bridge Pharmaceuticals, and the European Co-Packers Association. The session explored AI-powered planning, ethical automation, and the rising role of third-party logistics (3PL) in creating resilient supply chains.

The congress showcased groundbreaking trends such as digital twins in manufacturing and eco-conscious packaging solutions, reflecting the industry’s shift toward connected, data-driven, and patient-centric models.

Chakravarthi’s active presence underscored a resonant message: resilience, innovation, and ethical collaboration are the cornerstones shaping the future of global pharmaceuticals.

Arya Omnitalk Leads the way with Next-Gen Toll Management solutions for National Highways

Arya Omnitalk Leads

Pune, 21st April 2025: Gone are the days when toll collection processes were manual. Arya Omnitalk, leader in intelligent transportation system and toll management system solutions, is taking a step towards redefining the future of tolling with its Advanced, AI-driven modern technologies that enhance efficiency, security, and revenue. Designed for highways & expressways at far remote toll locations, Arya Omnitalk’s robust, rugged and scalable solutions ensure seamless trouble-free operations with the highest reliability, reduced congestion and efficient working above 200%+ capacity when demanded.

With a strong commitment to automation, real-time data analytics, and mandatory compliances, Arya Omnitalk’s Toll Management system integrates seamlessly with national electronic toll networks, offering a superior experience for road operators and commuters alike. It enables FASTag-based cashless tolling by reducing waiting time at toll booths and ensuring a queue-less smooth traffic flow. While doing so, its fully automated Toll Management System (TMS) ensures real-time transaction processing, revenue tracking, and fraud prevention, delivering an unparalleled level of accuracy and transparency in the toll collection operation with no loss of revenue.

At Arya Omnitalk, we believe in harnessing the power of technology to create smarter, more efficient toll collection systems that not only improves revenue assurance and management but also enhances the overall commuter experience,” said Mr. Anuresh Sharma, COO HTMS, Arya Omnitalk. “Our AI-powered Automatic Number Plate Recognition (ANPR) and Vehicle Classification (AVC) systems ensure precise toll collection, while our Weigh-in-Motion (WIM) technology helps to enforce overloading regulations seamlessly. These innovations are empowering toll operators with real-time data, enabling them to make quick & informed decisions to streamline toll plaza operations when demanded.”

Arya Omnitalk’s Electronic Toll Collect system supports both electronic and manual payment mode thus, it offers flexibility for diverse traffic conditions.

Arya Omnitalk Leads

Furthermore, lane management & traffic monitoring capabilities provide intelligent congestion management, which ensures vehicles move efficiently even during peak hours. Taking into consideration the strong loopholes in the existing system, a strong focus on integrated security surveillance enabled by the company’s CCTV system, cyber protection, and AI-driven fraud detection systems, these all add multiple layers of safety and compliance.

A testament to Arya Omnitalk’s excellence in large-scale event management was its recent success at Lalanagar Toll Plaza during Mahakumbh 2025 in Prayagraj, Uttar Pradesh. The religious gathering witnessed a staggering 450 million visitors between January 13 and February 26, with over 70,000 vehicles movements recorded across 14 lanes during peak days with uninterrupted operation for almost 45 days or more. Arya Omnitalk’s AI-powered predictive analytics, FASTag integration, dedicated VIP and emergency vehicle lanes, and a centralized monitoring system with 24/7 x 365 days technical support ensured uninterrupted toll operations. The result was an optimized toll collection process with the highest ever revenues, setting a new benchmark for toll management during large-scale events.

Our experience during Mahakumbh 2025 reinforced the critical role of scalable, AI-driven toll management solutions in handling unprecedented traffic volumes,” added Mr. Sharma. “The success of this project highlights our ability to deploy intelligent systems that adapt to real-time conditions, ensuring zero downtime and enhanced efficiency.”

Arya Omnitalk continues to drive the transformation of India’s toll management system landscape with its future-ready modular solutions, ensuring compliance with evolving regulations and seamless integration with electronic toll collection system infrastructures. As the country moves towards a smarter transportation ecosystem, Arya Omnitalk remains a trusted partner for government agencies, concessionaires and infrastructure developers looking to optimize toll collection operations and improve road user experiences.

Easter Delights at ITC Royal Bengal and ITC Sonar

Easter Offerings at Nutmeg The Gourmet Shop, ITC Sonar

As spring blooms, so does the celebration of Easter. Join us for a lavish Easter buffet brunch at the Grand Market Pavilion, ITC Royal Bengal, on April 20, 2025.

Delight in a variety of salads and dressings, featuring an Easter special cheese mousse, Motley vegetable terrine, red and green spinach, walnut salad, Canadian potato salad, and Easter Waldorf, complemented by an assortment of international cheeses and homemade dressings like buttermilk Ranch, fruity vinaigrette, Key lime, Balsamico, and Caesar among others, creating an exquisite gourmet experience.

Satisfy your palate with Roast Tom Turkey and its chestnut stuffing, complemented by cranberry sauce, baked Virginia ham in a Midori raisin sauce, meat Fricadelles with sauce Choron, honey-glazed sweet potatoes, and a selection of Easter treats, such as chocolate bunnies, coloured eggs, cinnamon and hazelnut buns, and gourmet pies. Enjoy the symbols of Easter, like the rabbit, which represent abundance, joy, happiness, and growth.

The Nutmeg by Gourmet Couch at ITC Sonar presents a delightful Easter collection, offering a range of exquisite signatures perfect for the festivities. Treat yourself to our Easter box of cupcakes, an assortment of goodies, and a delicious mango and apricot Charlotte to enhance your celebrations!

Join us for a thoughtfully curated spread of delectable food amidst the grandeur of Kolkata’s most iconic luxury destination. With a vibrant Easter ambiance and elegant décor, this promises to be more than just a meal.

Grand Market Pavilion Easter Brunch

Date: April 20, 2025

Time: 1:00 PM – 3:30 PM

Nutmeg by Gourmet Couch  

Hours: 10 AM – 10 PM

Available until: April 22, 2025

The Benefits of the New Income Tax Bill Will Be Reduced Complexity, Increased Compliance, Liberal Tax Rates, and Minimised Legal Disputes” – Ms. Mitali Madhusmita, Principal Chief Commissioner of Income Tax, Andhra Pradesh & Telangana

Dr Suresh Kumar Singhal seen welcoming Mitali Madhusmita, Principal Chief Commissioner of Income Tax, AP & Telangana

Hyderabad, April 17, 2025: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) hosted an interactive overview meeting on the New Income Tax Bill & Finance Act 2025 (ITB 25), featuring Ms. Mitali Madhusmita, Principal Chief Commissioner of Income Tax, Andhra Pradesh & Telangana, as the Chief Guest.

Addressing the gathering, Ms. Madhusmita highlighted the government’s commitment to promoting voluntary compliance, enhancing the ease of doing business, and progressing towards a $5 trillion economy, a vision laid out by Hon’ble Prime Minister Shri Narendra Modi.

“The government is moving towards decriminalising minor tax offences, including delays in TDS filings and minor IT return issues. These were historically seen as areas of fear and friction, and the shift from prosecution to penalty is a welcome move,” she said.

Simplified & Modern Legislation

The Income Tax Bill, 2025, introduced in the Lok Sabha on February 13, 2025, aims to replace the Income-Tax Act, 1961, while retaining its core provisions. The new bill simplifies the structure, reducing over 700 sections to 536, and introduces the concept of a unified “Tax Year”, replacing the existing “Previous Year” and “Assessment Year”.

“This bill is designed to be simple, clear, and predictable, guided by global best practices and tailored to modern economic needs,” Ms. Madhusmita explained. “It empowers taxpayers, reduces litigation, and ensures better digital compliance.”

The act has consolidated chapters from 47 to 23, minimising ambiguity, which previously led to nearly 4,000 amendments over the years. “The old act left a lot to interpretation, benefiting only legal professionals. This reform brings clarity,” she added.

Regional Impact & Participation

Ms. Madhusmita also shared that direct tax collections from Andhra Pradesh and Telangana have increased significantly — from ₹1 lakh crore last year to ₹1.19 lakh crore this year — reflecting the region’s growing compliance and economic activity.

Around 150 participants attended the session.

FTCCI’s Role and Industry Contribution

In his welcome address, Dr. Suresh Kumar Singhal, President of FTCCI, emphasised the chamber’s proactive role in analysing the bill and submitting constructive feedback to the Finance Ministry, including corrections, simplifications, and suggestions to resolve technical challenges.

Mr. Sudhir VS, Chairman of the Direct Taxes Committee at FTCCI, added that nearly 200 man-hours were invested in reviewing the bill and compiling insights that were shared with the government.

Technical Sessions

The event also featured three in-depth technical sessions:

  • Session 1: Overview of Finance Act, 2025 – Speaker: Alka Zanwar | Chair: Gopalakrishnan N
  • Session 2: Income Tax Bill, 2025 – Speaker: Rajendra Prasad | Chair: T. Ramdev Bhutada
  • Session 3: Overview of Appeals, Prosecutions, Penalties, Assessments, and Reassessments under ITB 2025 – Speaker: GS Prashanth | Chair: Poorna Chander Rao M

The program aimed to familiarise tax professionals and industry stakeholders with the key changes and ensure smooth adoption of the new tax regime.