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.

Data-Driven Leasing: How Tenant Mix Drives Retail ROI

According to data from Cushman & Wakefield, retail leasing across top eight cities has reached about 2.41 million square feet (msf), growing by 7.6% quarter-on-quarter (QoQ) and a massive 45% year-on-year (YoY). The Delhi-NCR region is among India’s top three retail markets, clocking 0.51 msf of leasing - a huge growth of 70% compared to Q2CY25 - led by fashion, food and beverage (F&B) and entertainment. The data further showed that fashion (21%), Food & Beverage (19%), and entertainment (16%) accounted for over half of the leasing activity in the September quarter.

Behind every successful retail destination today lies a quiet layer of intelligence: the science of tenant mix. Leasing teams are no longer relying on conventional wisdom; they’re decoding consumer behaviour in real time. Advanced tools such as Wi-Fi tracking, heat mapping, and loyalty app analytics now reveal how shoppers move, pause, and spend within a space. This continuous flow of insights allows developers to fine-tune their leasing strategy, reshuffling underperforming categories and reinforcing those that resonate with evolving demand clusters. It’s a dynamic, data-informed process that keeps retail environments fresh, relevant, and consistently revenue-generating.

Yukti Nagpal, Director, Gulshan Group says, “Real-time data from parking systems and visitor-tracking apps is enabling a far sharper understanding of consumption rhythms. These insights help us identify under-served segments, refine floor zoning and curate a tenant mix that maximises both retailer performance and overall mall ROI. We consistently observe that when F&B, entertainment and fashion are strategically balanced, dwell time increases meaningfully. Data is becoming the new leasing compass—ensuring every square foot delivers measurable and sustainable value.”

Pankaj Jain, Founder and CMD, SPJ Group, says, “In Gurugram’s high-potential micro-markets, premium retail thrives on understanding the subtle shifts in consumer intent. These neighbourhoods attract a blend of globally exposed professionals and affluent families, and their expectations from a retail space are evolving rapidly. What we see from consumer behaviour is a strong preference for experiential formats: boutique fashion, fine dining, wellness, and curated leisure. This is of utmost importance to study consumers' expectations and buying behaviour patterns, to create a much more desired and impactful brand thereby create the greatest impact.”

Giving views on how data shapes retail strategy, Umang Jindal, CEO, Homeland Group, says, “In high-density markets, leasing is all about precision. Here, data has become essential to shaping a retail environment that truly mirrors the aspirations of the catchment. The audience is younger, tech-savvy, and experience-driven, which means every leasing decision must be backed by clear behavioural insights. Our analytics framework tracks category performance to ensure each tenant strengthens the ecosystem’s overall vitality. Ultimately, data helps us build not just a mall, but a living ecosystem that evolves with its consumers.”

Siddharth Katyal, CEO, Bhumika Realty, said, “Earlier, tenant curation was based largely on intuition and brand relationships. Today, it’s a quantifiable process. We rely on a blend of demographic analysis and performance mapping to identify which categories resonate most with our visitors. For instance, data may reveal a higher conversion potential in F&B or family entertainment for a specific micro-market. The goal is not just to fill space but to ensure a symbiotic ecosystem where anchor brands pull traffic and smaller stores benefit equally. That’s how leasing becomes a value chain, not a random assortment.”

Moreover, data has quietly become the new differentiator in retail leasing - the factor that separates intuitive design from informed precision. Developers are increasingly collaborating with PropTech and retail analytics partners to forecast demand, measure performance, and predict shifting consumer preferences with remarkable accuracy. This analytical foundation enables more strategic brand curation, resulting in stronger synergies between tenants and a healthier revenue mix. 

Ishwin Singh Hora, Director, Reach Group, says, “Retail ROI today is shaped by how thoughtfully a developer interprets and integrates customer insights. Assessing catchment behaviour, footfall variations, and spending patterns helps in curating tenant mixes that maintain a balance between experiential offerings and everyday convenience. This approach fosters consistent footfall and long-term value creation. While data informs our decisions, it complements-rather than replaces-industry experience. The real strength lies in harmonizing analytics with a nuanced understanding of local culture, consumer behaviour, and evolving lifestyle dynamics.”

Ajendra Singh, Vice-President, Sales and Marketing, Spectrum@Metro , says, “In malls, data has become the quiet architect of experience. What we earlier viewed as isolated metrics: peak hours, repeat visits, or category sales now stitches together a holistic picture of how people actually live their day inside a retail space. For us, the goal is not just higher footfall but meaningful engagement. Insights help us create intuitive journeys: placing discovery-led brands where curiosity is highest, or strengthening convenience zones where families gather. When you use data to understand intent, leasing stops being transactional; it becomes a way to design joy, loyalty, and long-term value.”

Therefore, as developers increasingly harness predictive analytics and digital intelligence, tenant mix emerges as the true measure of retail success. Every decision, grounded in data yet shaped by instinct, contributes to creating destinations that are adaptive, enduring, and emotionally engaging, transforming retail into a living, learning experience, one dataset at a time.

The company marks a major step forward in simplifying and digitizing GST dispute management across India’s legal and tax ecosystem. Built with the vision to streamline case tracking, document management, and workflow automation, the platform empowers organizations to handle GST litigation seamlessly - minimizing manual errors, improving coordination, and saving valuable time.

As India’s GST framework continues to evolve, the complexity and volume of litigation are expanding rapidly, creating an urgent need for smarter, technology-driven solutions. Trackase addresses this challenge through a single, integrated platform that automates litigation workflows, centralizes documentation, and provides real-time visibility across multiple jurisdictions and stages of the litigation process.

Commenting on the launch, Mr Aditya Singhania, Founder and CEO, Trackase, said, “The landscape of GST litigation in India is evolving rapidly, and managing it manually has become increasingly inefficient and error-prone. We built this platform to bring structure, transparency, and speed to the entire litigation management process. Our goal is to empower tax and finance professionals with the tools they need to stay compliant and make informed decisions.”

Through intelligent automation and analytics, Trackase serves as a strategic enabler for CFOs, tax heads, compliance officers, and Chartered Accountants, helping them not only manage disputes efficiently but also extract valuable insights from their litigation data to improve strategic decision-making.

The platform is equipped with a suite of powerful features. Its smart case tracking module allows real-time monitoring of GST litigation cases across jurisdictions and authorities. The centralized document management system ensures secure, cloud-based access to all filings and case-related records. A robust workflow automation engine delivers timely alerts, task assignments, and escalation reminders to reduce manual effort. Additionally, data-driven dashboards and analytics help users visualize dispute trends, monitor performance, and make evidence-based decisions.

By combining automation, analytics, and ease of use, Trackase positions itself as a category creator and innovation leader in India’s GST technology space - setting new benchmarks for compliance efficiency and transparency.

L to R: Naman Sarawagi, Co-founder, CEO, Refrens and Mohit Jain, Co-founder and CTO, Refrens
 

According to industry forecasts, the global embedded finance market is projected to exceed $580 billion by 2030, with invoicing and accounting automation playing a pivotal role in driving adoption and differentiation for digital platforms.
 

Mr. Naman Sarawagi, Co-founder of Refrens, said, “Today’s digital platforms demand more than payments - they need complete context-aware financial workflows. With our embedded invoicing and accounting suite, we enable platforms to deliver this seamlessly at scale. The Refrens solution stands out in a competitive market through its developer-first integration, robust global compliance framework, and scalable architecture capable of handling complex, high-volume transactions.”
 

“Embedded invoicing and accounting are real game-changers for digital platforms,” said Naman Sarawagi, Co-founder of Refrens. He further added that the Refrens solution seamlessly integrates into existing business systems, allowing companies to deliver a unified experience to their users without diverting resources to build complex financial workflows in-house. 
 

One of the early adopters of Refrens’ embedded suite is AiSensy, India’s leading WhatsApp marketing and engagement platform. By embedding Refrens’ invoicing and accounting technology, AiSensy has automated billing, onboarding, and payment tracking for its rapidly growing reseller network - reducing invoicing time by 90%, minimizing errors, and enhancing efficiency.
 

“Embedding Refrens Billing & Accounting suite into our platform has transformed the way our resellers operate,” said Gautam Rajesh Shelley, Co-founder & CEO of AiSensy. “Features such as Instant Invoice Generation, Payment Gateway Integration, Real-Time Revenue Recognition, and Automated Reconciliation have enabled our resellers to deliver faster, more reliable service to their clients and scale their businesses with confidence.”
 

Refrens Embedded Suite is not limited to reseller networks but it is built to empower a wide variety of businesses, including Online Marketplaces, Franchise Chains, SaaS Products, Freelancer & Agency Management Platforms.

About Refrens
Refrens is a leading accounting and business operations system that helps over 150,000 businesses across 170+ countries manage invoicing, accounting, payments, compliance, taxes, inventory, expenses, sales, vendors, and more. 
 

The company has attracted investment from some of India's most prominent technology leaders, including Anupam Mittal, founder of Shaadi.com and Shark Tank India judge, Vijay Shekhar Sharma of PayTM, Kunal Shah of CRED, Akash Sinha of Cashfree Payments, and Dinesh Agarwal, founder and CEO of IndiaMART, among others.

About AiSensy
AiSensy is India’s leading WhatsApp marketing and engagement platform, trusted by over 100,000 businesses across 57 countries. As an official WhatsApp Business Solutions Partner, AiSensy empowers brands to acquire, engage, and support customers at scale through AI-powered chatbots, campaign automation, and integrated CRM tools. Meta has recognized the company as the Emerging Partner of the Year 2023 and CTWA Partner of the Year 2024.

BPTP Capital City

Founded by Kabul Chawla, BPTP has consistently championed sustainability in real estate. This milestone reinforces the company’s leadership in creating environmentally responsible developments that balance growth with ecological stewardship.

Recognition of Excellence in Sustainability: The USGBC’s Platinum certification highlights Capital City’s exemplary performance in energy and water efficiency, indoor air quality, waste management, and sustainable operations. By achieving this distinction, the project sets a benchmark for eco-conscious workplaces and strengthens India’s journey toward net-zero goals and global ESG standards.

About BPTP Capital City – A Benchmark in Green Urban Development: Strategically located in Sector 94, Noida, BPTP Capital City is a premier mixed-use destination that combines Grade-A office spaces, leading F&B brands, and thoughtfully designed public areas. Its design and operations place sustainability at the forefront, featuring:

• Energy-efficient systems that significantly reduce consumption

• Smart water management and high-efficiency fixtures

• Comprehensive waste segregation and recycling

• Low-emission materials and enhanced indoor environment quality

• Green landscapes and smart mobility solutions

With seamless connectivity to Delhi, Noida, and Greater Noida, and direct access to the Okhla Bird Sanctuary Metro Station, Capital City offers businesses a prime, well-connected address that integrates work, leisure, and sustainability.

“Sustainability drives every aspect of BPTP’s developments. Capital City’s LEED Platinum recognition is a testament to our long-term vision of building responsibly and enhancing the quality of life for our communities. This milestone reinforces our commitment to creating green, future-ready urban ecosystems that balance growth and environmental responsibility,” said Mr. Kabul Chawla, Chairman & Managing Director, BPTP Ltd.

Mr. Sunil Jha, Chief Sustainability Officer, BPTP Ltd., added, “This certification reflects our sustained efforts in advancing energy, water, and waste management—validating our commitment to sustainable real estate.”

About BPTP Limited
BPTP Ltd. is one of India’s most trusted real estate developers, with a strong footprint in the Delhi-NCR region. Over the past two decades, the company has delivered 25,000+ homes alongside landmark residential and commercial projects known for cutting-edge design, innovative architecture, and sustainable living solutions. Guided by its customer-first philosophy, BPTP continues to redefine urban luxury while upholding values of excellence, transparency, and sustainability.

A comprehensive guide on establishing GCC in India, it offers MNEs insights on investment, compliance, talent, and tax, reaffirming India’s position as a leader in the GCC ecosystem
 

As of FY24, India is home to more than 1,700 GCCs, employing close to 1.9 mn professionals and generating USD 64.6 bn in revenue. This figure is projected to double by 2030, reaffirming India’s position as a strategic hub for global operations. Dhruva’s report comes at a time when global enterprises increasingly shift from transactional models to capability-driven GCCs focused on digital innovation, AI, sustainability, and enterprise-wide transformation.
 

The report covers every stage of the GCC lifecycle - entry strategy, investment structuring, legal formation, operating models, tax planning, transfer pricing, talent acquisition, risk management, repatriation, and eventual exit strategies. It includes detailed comparisons between SEZ, STPI, DTA, and GIFT City frameworks, and provides real-world insights through recent client case studies across banking, insurance, IT, and manufacturing sectors.
 

Commenting on the launch of the report, Mr. Dinesh Kanabar, CEO, Dhruva Advisors, said, The GCC narrative in India has shifted from cost arbitrage to capability arbitrage. Global organisations now see India as a strategic partner in transformation, not just execution. This report offers practical guidance to help multinationals unlock India’s potential whether in entity formation, tax planning, or operating model design. Our aim is to support businesses in co-creating long-term value while confidently navigating India’s complex tax and regulatory landscape. More than a checklist, this report serves as a blueprint for sustainable success."
 

Looking ahead, the future of GCCs in India is poised to be driven by advancements in digital transformation, artificial intelligence (AI), and sustainability. As businesses increasingly adopt AI and automation to enhance operational efficiency, India’s GCCs are evolving into hubs of innovation, driving digital-first solutions across industries. Furthermore, with a growing emphasis on environmental, social, and governance (ESG) goals, GCCs in India are playing a pivotal role in shaping sustainability strategies for global enterprises. These trends are not only redefining the role of GCCs but also cementing India’s position as a leader in the global capability centre ecosystem.
 

It is designed for global business leaders, CFOs, CHROs, legal heads, tax professionals, and policymakers engaged in global delivery strategy, especially across sectors such as BFSI, healthcare, automotive, technology and engineering.
 

The report can be downloaded from here.
 

About Dhruva Advisors
Dhruva Advisors offers an extensive range of services in the tax and regulatory space to clients in India and globally. With a highly regarded team of seasoned professionals, Dhruva delivers well-thought-out strategies and solutions for complex tax and regulatory issues. The firm has advised on some of the most significant transactions and managed several of India’s largest and most critical tax controversies.
 

Dhruva is also recognized for pioneering solutions across various aspects of domestic and international tax, backed by a proven track record. The team brings deep industry expertise across diverse sectors, including Aerospace & Defence, Automotive & Ancillary, Agro & Chemicals, Conglomerates, Energy & Resources, Education, Financial Services, IT & ITes, Manufacturing & Real Estate, Global Capacity Centres, Pharma, Life Sciences & Healthcare, Private Equity, Transport, Telecom and Media.

EZTax's AI-Driven Self-Service ITR Portal Redefines Indian Tax Filing Experience
 

In contrast, most tax applications in India are traditional and resemble data entry forms, but EZTax auto fill capabilities allow most data to be entered in a single click using an OTP from an Aadhaar-linked mobile or a mobile registered with the Government's income tax filing portal. Now with the latest release the AI algorithmic recommendations improve the experience and reduce the errors when filing by yourself.

Suneel Dasari, EZTax's Founder and CEO, noted, "Adoption of tax-tech systems like EZTax is increasing year on year, particularly after the COVID-19 years. More Indian taxpayers are using self-service (DIY) ITR filing services than traditional filing through a tax adviser."

Mr. Dasari further added, “Indian taxpayers are smart and mindful of the significant privacy risks associated with using individual tax advisors as opposed to self-service AI platforms such as EZTax.”

Why is EZTax different from the rest?

1. A comprehensive e-filing portal for income tax forms ITR-1/2/3/4 from the standpoint of the typical taxpayer.

2. A prime authorised ERI with the Income Tax Department of India since 2016.

3. Unlike most services in the market, EZTax's AI capabilities automatically populate data from the government's IT database and advise actions to plan ahead.

4. EZTax offers a true self-filing platform for tax filing, tax planning with “Tax Optimizer”, “Creative-Audit”, “EZ Help”, and “Never-Lost” to ease the tax filing process, as well as other tools to help TDS, GST compliances.

5. One can file complex tax returns using capital gain upload, crypto upload, including computation of profit and loss that is not provided by the crypto brokers themselves, overseas income such RSU, ESOP, Form 67, etc.

6. Highest data security in the Indian tax industry.

7. Quality compliance as a prime motive.

8. Highest Reviewed and connected with NRIs living in 42+ countries.
 

Pricing

Self-Service Tax Filing services for AY 2025-26 (FY 2024-25) begin at Rs. 199 + GST and increase depending on the complexity of the service, such as business, capital gains, crypto income, and stock market trading activities.

Availability

EZTax has been an official e-return intermediary for over 9 years, assisting taxpayers with a variety of tax services. EZTax has authorized e-filing for the current assessment year ITR since June 21, 2025, placing it first among ERIs in India. The current release of its AI software is to compliment the tax filing functionality.

More on Tax Consulting Services

Since 2016, EZTax has been assisting taxpayers and has made tax consultation services an integral part of its service offerings, which include income tax, GST, TDS, business advisory, and compliance. Today, we are helping not only the Indian resident taxpayers but also the NRIs located in 42+ countries around the world. To learn more about the consultation service, speak with an EZTax representative via the chat window and engage or take the service, or schedule an appointment directly through the EZTax.in portal.

More about EZTax.in

EZTax, a tax tech start-up, provides comprehensive, end-to-end tax solutions in the areas of income tax, TDS, GST, accounting, and registrations for both individuals and SME businesses through AI enabled software, apps, and expert services.

EZTax ITR e-Filing Login: eztax.in/self

EZTax Portal Home Page: eztax.in
Press Release material: eztax.in/press-coverage

This initiative reflects LTF's comprehensive sustainability strategy

With this initiative, LTF has demonstrated its leadership in climate accountability, by being amongst the early adopters in the NBFC sector and Banking, Financial Services, and Insurance (BFSI) industry to disclose and measure its financed emissions using the PCAF methodology, for its select retail portfolio. By formally becoming a PCAF’s signatory, the Company aims to further enhance its carbon accounting and align its disclosures more closely with global evolving standards.

Ms. Apurva Rathod, Company Secretary and Chief Sustainability Officer at LTF said, "India is at a crucial juncture in climate transition, with ambitious goals to achieve net-zero emissions by 2070 and reduce the economy’s emission intensity. We believe that financial institutions play a key role in enabling this transition by measuring, managing, and mitigating financed emissions. By becoming a PCAF signatory, we at LTF are reinforcing our commitment to transparency and enhanced disclosures aligned with global standards. We will continue to refine and align our reporting with PCAF’s best practices and strengthen our role towards decarbonisation. This commitment is also part of our broader sustainability strategy, ensuring a data-driven approach to help manage climate risks and opportunities.”

LTF’s Scope 1 and 2 emissions, i.e., direct and indirect greenhouse gas (GHG) emissions, have steadily decreased on a year-on-year basis since the financial year 2021-22. The Company uses energy-saving equipment and undertakes energy assessments of its facilities to ensure optimal energy consumption. Approximately 39% of LTF operations are powered by green energy.

In order to increase carbon sinks, the Company invested in 'Project Prakruti' and planted over 1 lakh saplings in the financial year 2024-25. LTF also earned 14064-2:2019 certification for its Miyawaki plantation and carbon sequestration efforts, demonstrating adherence to international best practices. The plantation has also significantly contributed to supporting local biodiversity.

In addition, the Company has taken several measures to reduce water consumption in its operations, like sensor-based taps, water-saving faucets, and water recycling through Sewage Treatment Plants (STP) at corporate office. Moreover, the Company implemented significant water conservation initiatives beyond its operations, such as constructing rainwater harvesting structures in drought-prone regions. Thus, replenishing more than 50 times the water consumed in its operations back to society. LTF takes various initiatives to ensure it achieves its carbon neutrality target by 2035, as well as helps achieve and maintain its water surplus targets over the years.

About L&T Finance Ltd (LTF)

L&T Finance Ltd. (LTF) (https://www.LTFINANCE.com), formerly known as L&T Finance Holdings Ltd., (LTFH) is a leading Non-Banking Financial Company (NBFC), offering a range of financial products and services. Headquartered in Mumbai, the Company has been rated ‘AAA’ — the highest credit rating for NBFCs — by four leading rating agencies. It has also received leadership scores and ratings by global and national Environmental, Social, and Governance (ESG) rating providers for its sustainability performance. The Company has been certified as a Great Place To Work® and has also won many prestigious awards for its flagship CSR project – “Digital Sakhi”- which focuses on women's empowerment and digital and financial inclusion. Under Right to Win, being in the ‘right businesses’ has helped the Company become one of the leading financiers in key Retail products. The Company is focused on creating a top-class, digitally enabled, Retail finance company as part of the Lakshya 2026 plan. The goal is to move the emphasis from product focus to customer focus and establish a robust Retail portfolio with quality assets, thus creating a Fintech@Scale while keeping ESG at the core. Fintech@Scale is one of the pillars of the Company’s strategic roadmap - Lakshya 2026. The Company has around 2.5 Crore customer database, which is being leveraged to cross-sell, up-sell, and identify new customers.

Facebook: LnTFS, Twitter: LnTFinance, YouTube: Ltfinance, LinkedIn: L&TFinance, Instagram: Lntfinance

About the Partnership for Carbon Accounting Financials (PCAF)

The Partnership for Carbon Accounting Financials (PCAF) was launched globally in September 2019. Currently, more than 500 financial institutions have subscribed to the PCAF initiative. PCAF participants work together to jointly develop the Global GHG Accounting and Reporting Standard for the Financial Industry to measure and disclose the greenhouse gas emissions of their loans and investments. PCAF is a collaboration between financial institutions worldwide to enable harmonized assessments and disclosures of greenhouse gas emissions financed by loans and investments. With more than 500 financial institutions from six continents, the group is rapidly expanding in North America, Latin America, Europe, Africa and Asia-Pacific.

For more information see carbonaccountingfinancials.com.

The acquisition combines Meru Accounting's specialized expertise in Bookkeeping, Accounting and Tax services with Confiance's comprehensive service portfolio, creating a stronger, more versatile organization. This integration will provide clients of both firms access to enhanced capabilities and a broader range of services.

"This acquisition represents a significant step in our growth strategy," said Raj Shah, CEO at Confiance. "Meru Accounting's excellent reputation, complementary service offerings, and presence in key markets make them an ideal partner. Together, we'll provide enhanced value to our clients while creating new opportunities for our combined team."

The integration will be implemented through a carefully planned process, ensuring continuity of service for all clients. The combined organization will maintain its commitment to excellence while leveraging the strengths of both firms.

About Confiance

Confiance is a global leader in delivering comprehensive business process outsourcing and accounting solutions. With over 1,000 employees, the company serves a diverse range of industries. Headquartered in Ahmedabad, India, Confiance has a strong presence in multiple global markets, catering to both SMEs and large enterprises. Known for its commitment to transparency, customer satisfaction, and cutting-edge solutions, Confiance is dedicated to empowering businesses to achieve sustained growth and operational excellence.

Men of Platinum 'MS Dhoni Signature Edition'

This International Men’s Day, enjoy the rare opportunity to not simply echo Dhoni’s immaculate panache but also aspire to stir that same greatness within, with Men of Platinum’s one-of-a-kind limited platinum jewellery collection.

Born of the stars, platinum is found only in select locations across the globe and is a symbol of what is truly rare and precious. What makes this collection even more special is that each piece of platinum jewellery – kada, bracelet, chain, ring or pendant carries a precious piece of India’s sporting legacy, etched in platinum. Whether it is a more formal boardroom look or a casual evening with friends, Men of Platinum’s MS Dhoni Signature Edition, promises to elevate every look across occasions.

Crafted in 95% platinum this collection from Men of Platinum is cast with clean, bold lines with minimalism at its core. It reflects Dhoni’s subtle and timeless signature style, and can easily transition from day to night, adding that dash of oomph to your everyday look, while also serving as a conversation starter at the next networking cocktail or festive soiree.

Elevate your style game, with these top 5 pieces from the MS Dohoni signature edition:

The Platinum Grid Bracelet
Elegance meets strength in this dual tone kada, featuring a sophisticated grid pattern with rose gold accents on the side. This kada is crafted from 95% pure platinum, a metal whose strength remains unwavering through years of wear, making it rare! Bearing the legend MS Dhoni’s signature, this piece is perfect for those who exude quiet determination and strong character. Whether you’re sealing a big deal or gearing up for a celebratory dinner, this platinum kada lets you stand apart.

The Platinum Momentum Bracelet
The alternating bevelled triangles on this bracelet, with a blend of gloss and matte finishes, represent the strength to navigate life’s ups and downs. Featuring MS Dhoni’s signature on a sleek black centrepiece, it’s crafted in platinum—a metal as resolute as the legend who inspired it. Ideal for a social gathering or an intimate family celebration, this bracelet is a reminder that true greatness comes from within.

The Platinum Cube Fusion Bracelet
The alternating brushed matte platinum and glossy rose gold cube links achieve the perfect balance of versatility and durability. Crafted in platinum -a metal that endures through years of wear, making it truly rare –this bracelet, featuring MS Dhoni’s iconic signature on black, is designed for those who strike a balance between staying adaptable and yet true to their values no matter what. Whether you’re dressed sharply for a key meeting or whether you’re gearing up for your best friend’s bachelor bash or suiting up for his wedding, this platinum bracelet is your go-to, adding a touch of style to every moment.

The Platinum Bold Links Bracelet
Bold, interlocking platinum links form a robust bracelet that reflects the power of unyielding resilience. Crafted from 95% pure platinum, it is a metal that remains unfading over time, making it incredibly rare. The bracelet features a solid clasp that carries MS Dhoni's signature, embodying his indomitable strength and unwavering resolve. Designed for men who cherish these values, this piece inspires them to always find strength within. Whether you’re dressed sharply for a key meeting or keeping it casual for an evening out, this bracelet adds a distinct touch of confidence to any outfit.

The Platinum Harmony Chain
Intricate platinum links intertwine to form a seamless, fluid chain, mirroring the harmonious blend of inner strength and outward composure. Crafted from platinum, a metal maintains its natural pristine white over time, never fading or tarnishing. A metal that’s simply rare. With a solid clasp, featuring the legend MS Dhoni's signature, it is made for those who weave together their resilience and calm in the face of life's odds. Whether it is an ethnic look for a wedding function or catching up with friends over the weekend, the platinum chain effortlessly complements every look, adding a dash timeless elegance to every look.

Menof Platinum’s latest MS Dhoni Signature edition is available with key retailers across India.
Facebook: @MenOfPlatinum
Instagram: @MenOfPlatinum

About Platinum Guild International (PGI)
Platinum Guild International (PGI) is a marketing organization with the vision to develop the global platinum jewellery market as a new demand source for platinum. It was formed in 1975 with specialist teams dedicated to growing the global platinum jewellery market through consumer and trade-facing programmes in the four key jewellery markets of China, India, Japan and USA. Since then, jewellery development has demonstrated a strong track record in delivering results.

Through various programmes, both direct-to-consumer and in collaboration with jewellery retailers and manufacturers, PGI creates consumer-ounce demand by first identifying opportunities for platinum in jewellery, and then developing them with partners. It also aims to build an enduring commitment to platinum in jewellery.

PGI’s consumer marketing and educational programmes are focused on developing awareness and an appreciation for platinum’s unique properties as a precious metal for fine jewellery.

In addition, PGI works globally with collaborative partners running extensive marketing programmes in the four main platinum jewellery markets of China, Japan, USA and India. These markets are staffed with strategic planning, marketing, retail, design, and business development experts.

PGI is funded by the leading platinum producers of South Africa, as well as through co-funded programmes with the jewellery industry.

Purity Assurance Program
PGI has partnered with TUV India Pvt Ltd to implement a robust audit programme to ensure the purity of platinum under its programme. TUV is one of the country’s first certification bodies and has been closely associated with the quality revolution in India.

Under Platinum Guild India’s quality assurance programme, each piece of jewellery has an assured purity as high as 95%. And as proof of this assurance, every piece is stamped ‘Pt950’ and comes with a tamper-proof quality assurance card that distinguishes authentic platinum from other jewellery.

Racers ready for action at Buddh International Circuit for the ultimate karting showdown, organized by Galgotias University and ISIEINDIA

The event saw cutting-edge engineering solutions come to life on the racetrack, with students applying their academic knowledge to real-world challenges in automotive technology.

Final Results:

Combustion Vehicle Category (Karting Race)

• Champion: Team Deuce Racers, LPU Punjab

• Runner-Up: Team Hawks 9.5, Yashwantrao Chavan College of Engineering, Nagpur

Electric Vehicle Category (Karting Race)

• Winner: Team Voltrons, LPU Punjab

• Runner-Up: Team Niyudrath Karting, MIT Pune

Formula Imperial 2024

• Champion: Team Screw Drivers, Dhole Patil College of Engineering, Pune

• Runner-Up: Team Ashwamadh, NK Orchid College of Engineering, Solapur

Pushing the Boundaries of Innovation and Excellence
The Indian Karting Race and Formula Imperial 2024 event drew participation from some of the brightest engineering minds, enabling them to take on real-world challenges, innovate, and excel. The event, a combination of engineering, motorsports, and hands-on learning, allowed students to develop, design, and race their own vehicles while applying the concepts they learned in classrooms to tangible outcomes.

Speaking on the occasion, Dr. Dhruv Galgotia, CEO of Galgotias University, expressed his deep pride and optimism for the future of engineering in India. "At Galgotias University, we are committed to creating platforms that challenge students beyond traditional academics. Events like the Indian Karting Race and Formula Imperial, along with hackathons and innovation contests, provide the opportunities that today’s students need. These events give them the chance to apply and grow their learning in ways that a classroom cannot fully provide. It's in these moments of challenge, competition, and collaboration that true learning happens, and students are prepared for the dynamic future of engineering and technology."

Dr. Galgotia emphasized the importance of giving students hands-on experience to bridge the gap between theoretical knowledge and practical application. “Our university thrives on innovation, and we are constantly looking to partner with organizations that can help us create experiences that push the limits of our students' potential,” he added. “Whether it's racing, hackathons, or other engineering challenges, these platforms are essential in shaping the next generation of leaders and innovators."

Empowering the Next Generation of Engineers
The event was a prime example of collaboration between academia and industry, driving students to apply engineering theories in high-pressure environments. It also showcased the potential of ISIEINDIA's commitment to promoting sustainable mobility and fostering innovation among India’s youth.

ISIEINDIA, in partnership with Galgotias University, successfully provided students the opportunity to work on cutting-edge automotive technologies, develop advanced prototypes, and engage in fierce competition, leading to unparalleled growth in their skills and knowledge.

Looking Ahead
With Formula Imperial and Indian Karting Race 2024 setting the stage for future motorsport engineering events, Galgotias University continues its mission to foster an environment that prioritizes hands-on learning, preparing students to excel in both their academic and professional careers.

A big thank you to ISIEINDIA and all the partners, participants, and volunteers for making this event a massive success. Together, we are driving the future of automotive engineering and innovation in India!

About Galgotias University
Galgotias University is committed to empowering students through a blend of academic rigor and real-world relevance. With 200+ programs across 20 schools, including Polytechnic, UG, PG, and PhD courses, and an A+ NAAC accreditation, we prioritize quality education.

Our vibrant community of 40,000+ students and 80,000+ alumni excels globally, with achievements in international events like the Paralympics and national competitions. With 25+ active clubs, one of India’s largest Student Councils offers leadership and collaboration opportunities.

The university fosters entrepreneurship with 100+ student-led startups, supported by the Galgotias Incubation Centre. Ranked Top 3 in India and #1 in UP for patent filings, Galgotias boasts 300+ national and international awards. Cutting-edge infrastructure, experiential learning, and strong industry ties ensure our students are equipped for success. Galgotias University has received the prestigious QS 5-Star rating in Teaching, Academic Development, Innovation, Employability, and Facilities.Website: www.galgotiasuniversity.edu.in.

Facebook: www.facebook.com/GalgotiasUniversity/
LinkedIn: www.linkedin.com/in/galgotias-university-18544b190/
Instagram: www.instagram.com/galgotias_university/
Twitter: twitter.com/GalgotiasGU
YouTube: www.youtube.com/@GalgotiasUniversity_1

Saakar Yadav, Founder of Skorydov

A Game-Changer in Tax Filing

The myITreturn app is transforming the way one handles tax return filing. The myITreturn app is designed with the consumer in mind, eliminating the hassle of paperwork and making tax filing accessible for everyone. With just a few taps on a smartphone, one can complete the tax return from the comfort of one’s home or office. This ease of use is what makes the myITreturn app a real game-changer in the field.

Saakar Yadav, Founder of Skorydov, shared his excitement about the new app, saying, “We are thrilled to introduce this game-changing app to India. At myITreturn, our mission has always been to make tax filing easy, secure, and efficient. This app is a testament to that mission, providing a unique solution that simplifies the entire process while ensuring the safety of user’s data and providing them with maximum possible refund. We believe this app will fundamentally change how Indians approach their tax filing in the coming days.”

Affordable Tax Filing at Just Rs.99!

Skorydov, the makers of the app, said that they are committed to making quality tax services affordable for everyone. That’s why they are offering tax filing through our app at just Rs. 99. This initiative aims to lift any unnecessary financial burden on taxpayers while ensuring they receive top-notch service.

Unmatched Expertise and Trust

Since the beginning, myITreturn has been dedicated to making tax filing simple and stress-free. As pioneers in e-filing, they have built a robust platform that ensures accuracy, efficiency, and compliance with all government regulations. myITreturn (Skorydov) is officially recognized by the Income Tax Department of India, so one can rest assured that personal and financial information is secure and handled with utmost care.

Key Features of the myITreturn App

The app is incredibly user-friendly and guides the user through each step with clear, easy-to-follow instructions. Whether the person is a salaried employee or self-employed, they will find the process straightforward and accessible.

One of the biggest advancements is that one no longer needs to upload multiple documents. The app securely retrieves all necessary information directly from government databases, making the tax filing process virtually paperless and saving valuable time and effort.

myITreturn's backend works tirelessly to ensure that one gets every rupee one is entitled to by identifying all eligible deductions and exemptions. This feature is particularly beneficial if one is not fully aware of all the tax benefits available to them. Other features include importing Form-16 details, shares (capital gains), advanced encryption technologies that safeguard personal and financial information, and a range of services to cater to different tax requirements, from basic Income-tax returns to more complex filings.

Customer Testimonials “Filing my taxes used to be a daunting task, but the myITreturn app has made it incredibly easy and affordable. The platform is user-friendly, and the support team is always ready to help,” Mukesh Ray.

“As a small business owner and self-employed person, I appreciate the efficiency and cost-effectiveness of myITreturn. Their services have saved me both time and money,” Gautam Kumar.

About myITreturn

myITreturn is India’s leading Income-tax e-filing service provider, with a rich history of serving millions of satisfied customers. Registered with the Income-tax Department, myITreturn is committed to delivering top-notch tax solutions that combine expertise, technology, and affordability. Our mission is to simplify tax compliance and make quality tax services accessible to all.

Download the App Today

The myITreturn app is now available for download on the Play Store for both Android and iOS platforms.

For more information and support, visit myitreturn.com/app.

Tally Solutions announces fourth edition of MSME Honors

The nominations will be open for all businesses with an annual turnover less that INR 250 crores and a valid GSTIN number. The entries can be submitted by interested businesses or people who know such businesses via this link: Tally Salutes Small & Medium Businesses | International MSME Day 2024 (tallysolutions.com) by May 31^st.

Over the last three edition ‘MSME Honours’ received around 8,000 nominations across 100 cities, of which nearly 1000 entries were from women led ventures. The fourth edition is likely to expect around 10,000 nominations by MSME owners and the winners will be felicitated on the occasion of International MSME Day celebrated on June 27^th, 2024. In addition to India, the initiative will also invite participation from other regions like the United Arab Emirates, the Kingdom of Saudi Arabia, Bangladesh, Nepal, and Kenya. The categories of MSME Honours 2024 include:

• Wonder Women: Recognizing women who have overcome challenges to establish thriving businesses, inspiring others in the process.

• Business Maestro: Celebrating seasoned professionals whose expertise and resilience serve as guiding beacons for aspiring entrepreneurs, laying the groundwork for enduring success.

• NewGen Icon: Highlighting startups as dynamic leaders in the business landscape, pioneering fresh solutions to age-old challenges and carving out new paths for growth.

• Tech Transformer: Honoring businesses at the forefront of technological advancement, leveraging digital tools to drive efficiency and effectiveness in their operations.

• Champion of Cause: Acknowledging champions who prioritize the global well-being of MSMEs, making significant contributions towards fostering a more sustainable and inclusive business environment.

Speaking on this initiative, Ms. Jayati Singh, Chief Marketing Officer, Tally Solutions, said, “We are thrilled to announce the launch of the fourth edition of ‘MSME Honours’ and aim to bring forth remarkable MSME stories, irrespective of size, geography, or business type. Over the years, we have taken several efforts to augment the MSME economy. This initiative is our humble endeavour to celebrate the relentless efforts and contributions of these businesses, spotlighting their stories of innovation and growth at a hyper-local level and share their stories as an inspiration for others. We have felicitated close to 400 winners across all editions in India, UAE, KSA, Bangladesh, Nepal, Indonesia and west Africa and we are optimistic of a greater participation this year as well.”

The nomination entries will be judged by an esteemed panel comprising of experts from the field of technology, MSME domain and media.

About Tally Solutions 

Tally Solutions Pvt. Ltd. is a pioneer in the business software products industry. Since its inception in 1986, Tally's simple yet powerful products have been revolutionizing the way businesses run. Having delivered path-breaking technology consistently for more than 3 decades, Tally symbolizes unmatched innovation and leadership. With over 2.5 million customer licenses activated worldwide, it caters to more than 7 million users across industries in over 100 countries. The brand has one of the largest partner ecosystems in the country with more than 28,000 partners associated with the company directly to provide a seamless and delightful customer experience. 

Vikas Bhasin, Chairman and Managing Director of Saya Group

The Aqua Line corridor extension, comprising 11 stations, marks a crucial expansion starting from the existing Sector 51 station in Noida and culminating at Knowledge Park V in Greater Noida. The approved DPR introduces slight changes in the alignment, ensuring optimal connectivity for residents and commuters alike.

The project comes as a much-awaited relief for the residents of Greater Noida West, who have long waited for enhanced public transport facilities in the area. The extension set to streamline connectivity along Vikas Marg and the Noida-Greater Noida Link Road promises to alleviate traffic congestion and provide a seamless commuting experience for thousands of daily travellers.

Among the beneficiaries of this infrastructure project is Saya South X, the flagship High Street Commercial Project by Saya Group in Greater Noida West. As the project nears completion, it has excited investors and businesses eyeing the region's consumer base. Saya South X, strategically located amidst a thriving neighbourhood boasting over 5 lakh high-net-worth residents, is poised to emerge as the retail epicentre of the region.

The integration of the Metro line extension into Greater Noida West's infrastructure framework significantly enhances the value proposition of Saya South X. With improved accessibility and connectivity brought by the Metro; the commercial enclave becomes even more enticing for shoppers, businesses, and investors alike.

The Metro's proximity transforms Saya South X into a convenient destination for shoppers, offering easy access to various retail outlets, dining options, and entertainment avenues. The enhanced connectivity ensures visitors can traverse the region effortlessly, amplifying foot traffic and fostering a vibrant retail environment within the complex.

For business owners, the Metro extension translates into heightened visibility and accessibility, drawing in a larger pool of potential customers across the region. With increased footfall driven by seamless Metro connectivity, businesses within Saya South X stand to benefit from heightened profitability and sustained growth prospects.

For investors, the Metro extension catalyzes higher returns on investment, augmenting the commercial viability of Saya South X as a prime real estate asset. The integration of Metro connectivity enhances the property's desirability. It underlines its long-term growth potential, making it an attractive proposition for discerning investors seeking to capitalize on the region's burgeoning real estate market.

The proposed extension of the Metro line to Greater Noida West heralds a new era of connectivity and growth for the region, with Saya South X poised to emerge as a focal point of commercial activity. As the Metro corridor takes shape, its transformative impact on the area's real estate sector and commercial landscape is poised to redefine the region's economic trajectory, ushering in a new era of prosperity and opportunity for residents, businesses, and investors alike.

Dr. Mahendra Reddy, Managing Partner, Reliaable Developers

As Bangalore's real estate landscape evolves, Reliaable Developers recognizes the need to align with contemporary values, technological advancements, and changing consumer expectations. The rebranding effort represents a significant commitment to elevating the overall real estate experience especially in plotted layout development, reinforcing Reliaable Developers' position as a trailblazer in the industry.

Currently, their projects are concentrated in HSR Layout, Electronic City and other places in the heart of the city. They have delivered plots to 10,000+ customers and have millions of square feet of land projects. The brand does not go beyond 20km away from the city for the projects. 

Their renewed identity reflects the company's commitment to modernity, innovation, and reliability. Their face-lift concept symbolizes synergy between traditional values and a forward-thinking approach. It represents more than just a visual transformation; it signifies the brand’s evolution towards a more dynamic and progressive future. By blending time-sensitive values with forward-looking strategies, they strive to set new standards of excellence in the real estate industry.

Taking a huge leap towards betterment and premium projects with the knowledge and experience gained in the last 20 years, the company aims to extend its footprint and collaborate with esteemed partners, including leading malls, hotel chains, and educational institutes. This strategic initiative is designed to enhance efficiency, elevate customer experience, and further establish Reliaable Developers as the foremost choice for quality plotted developments in South India.

By fostering partnerships with key stakeholders, the company seeks to create vibrant, integrated communities that offer unparalleled lifestyle opportunities. In the next 2-3 years, they plan to acquire more land and launch new projects. Reliaable Developers remains dedicated to delivering exceptional value, innovation, and sustainable growth as it continues to shape the landscape of real estate in South India.

Reliaable Developers place a renewed emphasis on customer engagement, business intelligence, introducing interactive features and personalized services. The rebranded approach seeks to build lasting relationships with clients, ensuring their journey with Reliaable Developers is not only successful but also memorable. Millennials and Gen-Zs looking to invest in premium properties are their core target audience. 

Committed to environmental responsibility, Reliaable Developers incorporate sustainable practices in its construction projects. The rebranding reflects the company's dedication to creating eco-friendly living spaces that contribute positively to the environment. 

Dr. Mahendra Reddy, Managing Partner, Reliaable Developers, expressed his enthusiasm for the rebranding initiative, stating, "This marks a pivotal moment for Reliaable Developers. Our rebranding is not just a change in appearance but a commitment to evolving alongside the dynamic needs of our customers, which include millennials and Gen-Zs, in Bangalore. We are excited to continue delivering excellence and innovation in every aspect of our business."

Reliaable Developers was conceptualized by Dr. Rama Reddy and Mr. H.P Rama Reddy. Their exposure to real estate in Bangalore across the years helped them establish a vision of flourishing property business in the city, which fell directly in line with its rapid urbanization, influx, global interest, and emergence as an IT and technological hub. That combined with Government regulations regarding building new plots in 1985, provided a spring well of growth and opportunity,

PFC was bestowed with this coveted Award for its highest level of transparency in accounting practices and for achieving excellence in presenting and disclosing high-quality, relevant, reliable and objective financial statements following the international framework.

Smt. Parminder Chopra, CMD and Addl. Charge Director (Finance), PFC receiving the SAFA Gold Award from Mr. Heshana Kuruppu, Vice-President of SAFA

SAFA was formed in 1984 to serve the accountancy profession in the South Asian Region and uphold its eminence in the world of accountancy. It represents the Eleven Professional Accountancy bodies in Afghanistan, Bangladesh, India, Nepal, Pakistan, Sri Lanka and Maldives. The SAFA BPA Award is considered South Asia's most prestigious financial reporting accolade. PFC last year won the SAFA Gold for the financial year 2020-21, and this is the first time since the inception of these awards in the year 1997 that any Indian Company has won a ‘Gold’ in the category of “Public Sector Entities” for two consecutive years.

It is worth mentioning that PFC had earlier won the ICAI (Institute of Chartered Accountants of India) Gold Award for excellence in financial reporting in the ‘Public Sector Entities’ category for the Financial Year 2021-22. 

Smt. Parminder Chopra, CMD and Addl. Charge Director (Finance), Shri Sandeep Kumar, ED (Finance), Shri R K Malhotra, ED (Finance) and Shri. Mohd. Salim, SGM (Finance), received this coveted Award at an award distribution ceremony held at Ghaziabad.

The Heads of Departments of the CAG at the concluding day of Audit Week at Regional Capacity Building and Knowledge Institute BKC Mumbai

The concluding day of the Audit week was celebrated at the Regional Capacity Building and Knowledge Institute, BKC on 22 November 2023. The occasion was graced by all the HoDs, officers and about 600 staff of the IA&AD. The HoDs comprised Shri Guljari Lal, Shri C.M. Sane, Shri Sandip Roy, Ms. Tanuja Mittal, Shri K.P. Yadaw, Shri Abdul Rauf, Ms. Aastha Luthra, and Shri Shailesh Jakhotiya. The occasion was marked by lighting of the lamp by all the HoDs. This was followed by various cultural activities as well as deliberations on professional excellence of the audit community and their commitment to public service. Further, the winners of the various events were also felicitated.
 

The audit community made a solemn pledge to dedicate itself to the cause of accountability and good governance. While reaffirming the idea of auditors as facilitators of good governance, the audit community maintained that audit should not be viewed as a fault-finding agency. They have proved to be equal partners in implementation of various schemes and projects by pointing out deficiencies and suggesting recommendations for remedial action by the Governments. It is worth noting that the Ministry of Finance, for example, has made three amendments regarding three sections 10AA, 56(2) (vii b), and 142(2A) of the Income Tax Act accepting our recommendations regarding the performance review on Gems and Jewellery.
 

The Hon’ble President of India Inaugurated the 3rd Audit Diwas on 16th November 2023 at the office of the CAG of India, New Delhi. Audit Diwas 2023 is being celebrated to mark the history and heritage of the Supreme Audit Institution of India. This was followed by the 31st Accountants General Conference. The broad theme for the conference was ‘Driving Change 2030: Empowering Actions to Shape Our Future’. Under this, the CAG audit community deliberated on two sub-themes: Familiarization with the Strategic Plan of SAI India for the period 2023-30, and Digital Growth in SAI India and Way Forward.

The network will operate under a single brand worldwide, Forvis Mazars. With around €4.7bn ($5bn) in revenue, Forvis Mazars will be a new entrant in the top 10 global network rankings. Uniquely formed of just two members, the network is designed to be agile, deliver consistency and have the global scale to meet clients’ needs. Both network members will remain owned by their current respective partnerships. Effective 1 June 2024, Mazars USA will join Forvis Mazars in the U.S.

Herve Helias, Chairman of the Executive Board, Mazars Group

“I am really delighted that Mazars and FORVIS have taken this transformational step and am excited about the opportunities it presents for both firms in serving our clients and supporting our people,” says Herve Helias, Chairman of the Executive Board, Mazars Group. “We’re proud to bring a pioneering new network model to our industry and are excited to continue this journey together. At Mazars, we are committed to helping our clients confidently build and grow their businesses, and forming this two-firm network with FORVIS complements our existing international integrated partnership and significantly advances Mazars’ international strategy. We are proud to offer our clients the strength of our international integrated partnership in 100 countries and the benefits of FORVIS’ large national partnership in the U.S. that truly works as one firm across the U.S. It gives us the scale and expanded presence that we have been striving for in the U.S. and marks us out as a top 10 global network with extensive scale and coverage.”

Tom Watson, CEO, FORVIS

“A two-firm network, operating under a single global brand, quickly advances our firms’ shared strategies. It's an opportunity to better serve our clients, especially those with international needs and support our people on a path of continued growth. Our organizations know each other well, with a strong history of collaboration and very similar cultures of putting our people and clients first,” says Tom Watson, CEO, FORVIS. “FORVIS has always been passionately committed to providing an Unmatched Client Experience® and unlocking the potential of both our clients and our people, and this opportunity allows us to do so on a strengthened global platform.”

Mazars, with offices in more than 100 countries and territories, has realised much success, rising in prominence and working with some of the most recognisable brands in the world. FORVIS was built on a 100-year legacy of providing an Unmatched Client Experience^®, becoming a top 10 firm in the United States while looking toward an expanded global platform. At a time of major change for businesses worldwide and shifting market dynamics, the new global network will be agile with the scale, capacity, and coverage to support current and future clients' needs worldwide with the highest levels of consistency and customer experience.

About Mazars

Mazars is an internationally integrated partnership, specialising in audit, accountancy, advisory, tax and legal services*. Operating in over 100 countries and territories around the world, we draw on the expertise of over 30,000 professionals in Mazars' integrated partnership to assist clients of all sizes at every stage in their development.

Visit mazars.com to learn more.

About FORVIS

FORVIS, LLP is a professional services firm with a global reach and a passion to drive businesses forward. The firm’s 6,000 dedicated team members provide an Unmatched Client Experience® through the delivery of assurance, tax, and consulting services for clients in all 50 states and internationally. Ranked among the largest public accounting firms in the United States, FORVIS upholds an unwavering purpose to help those we serve unlock their full potential-including our people, our clients, and our communities.

Visit forvis.com to learn more.

The Institute of Chartered Accountants of India (ICAI) for its initiative Sustainability Reporting Standards Board (SRSB) has been awarded the ISAR Honours 2023 by the UNCTAD (United Nations Conference on Trade and Development) working group on International Standards for Accounting and Reporting (ISAR). ICAI’s initiative SRSB received the highest score in this year's ISAR HONORS session among 70 initiatives from around the world. ICAI has also received UNCTAD ISAR Chair for the 40th session, second consecutive session and CA. (Dr.) Sanjeev Kumar Singhal, Central Council Member from ICAI chaired the UNCTAD ISAR session during the World Investment Forum being held from 16-20 October 2023 in Abu Dhabi.

ISAR Honours recognizes policy, institutional and capacity-building initiatives to encourage and assist enterprises to publish data on their contribution to the implementation of the 2030 Agenda for Sustainable Development and facilitate good practices in this area.

On this occasion CA. Aniket Sunil Talati, President, ICAI said, “We are honored with this recognition, such accolades will further inspire us to work hard to promote and adopt the best sustainable practices in the country. Embracing sustainability practices in business is the need of the hour and ICAI has been at the forefront of leading this movement by setting up the Sustainability Reporting Standards Board in 2020, to formulate standards that are in sync with the Indian economy while being benchmarked to International practices and to enhance the quality of sustainability reporting framework in India.”

ICAI has been active in enforcing sustainability guidelines with the SDGs Agenda at its core. In 2022, ICAI formed a Section 8 Company - ‘The Institute of Social Auditors of India (ISAI)’, with a prime objective of fostering proficient, ethical and world-class social auditors, profession responding to the needs and expectations of the stakeholders. ICAI also issued 16 audit standards on social audits across 16 thematic focus areas, making India the first country in the world to have social impact assessment standards. ICAI is also engaging with key stakeholders and encouraging organizations to adopt a responsible, growth- oriented framework for sustainable reporting. Towards capacity building and creating awareness ICAI is conducting a Certificate Course on Business Responsibility & Sustainability Reporting and an extensive training course on Social Audit for NISM Series XXIII: Social Auditors Certification Examination.

CA. Ranjeet Kumar Agarwal, Vice-President, ICAI said, “We are thrilled to receive this ISAR Honours. This is a historic moment for ICAI and the entire country. Such awards will support our ambition to build a more sustainable economy for the future. ICAI is working in tandem with the regulators and institutions proactively taking all necessary steps to develop and strengthen the Sustainability Reporting framework in India.”

Initiatives like hosting Carbon Neutral WCOA 2022, Sustainability Literacy Drive, ESG round tables, National and International Sustainability Awards and regularly coming out with various technical literature to create awareness and enhance knowledge are key steps towards creating a sustainable ecosystem. Practicing a sustainability as a way of life, ICAI is a leading professional body that has initiated efforts to be carbon neutral in all locations pan India. In addition, towards environmental sustainability ICAI also focuses on reducing paper consumption by encouraging paperless working, promoting e- meetings and e-journals. Institute also actively conducts countrywide Tree Plantation Drives and other sustainable initiatives towards creating a sustainable future.

About ISAR Honours

ISAR is an intergovernmental working group of UNCTAD dedicated to assists member States to improving quality and international comparability of financial reporting and non-financial disclosure, such as environmental issues, corporate governance and corporate social responsibility. Launched in 2018, ISAR Honours aim to raise awareness on national and international best practices on sustainability and reporting on the Sustainable Development Goals (SDGs).

About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation and development of the profession of Chartered Accountancy in India. The Institute, functions under the administrative supervision of the Ministry of Corporate Affairs. With over

8.50 lakh students and close to 4 lakh members, ICAI is the largest professional Accountancy Body in the world, with a strong tradition of service to the nation. Today, ICAI has a wide network of 5 Regional Councils and 171 Branches in India. It has 47 Overseas Chapters and 34 Representative Offices and presence in 81 cities of the World spanning 47 countries.

GI Outsourcing, a leader in the UK Accounting Knowledge Process Outsourcing industry, has announced a significant expansion of its business operations in Ahmedabad. One of the key aspects of this expansion is the creation of over 100 new job opportunities for accounting professionals (including CA’s, ACCAs, CIM’s, and Finance MBAs) over and above their existing operations in Ahmedabad, in the current financial year itself. These additions are expected to strengthen its current 400-plus strong professional accounting teams located in Mumbai, Delhi, Ahmedabad, and London.
 

Vikas Chadha, the Managing Director of GI Outsourcing

“Ahmedabad will play a pivotal role in the company's growth. At GI Outsourcing, we are making a substantial investment in infrastructure and capital expenditure in the state of Gujarat over the next six months,” said Vikas Chadha, the Managing Director of GI Outsourcing.
 

“GI Outsourcing will equip its employees with the latest technology and software, allowing them to upgrade their skills and stay ahead in a dynamic industry. Our company provides multinational exposure and avenues to work in international locations to get first-hand experience of the client's culture and dynamics. GI has technology interventions and various cloud computing and accounting services and solutions which propel the client business for growth and high performance,” added Mr. Chadha.
 

GI Outsourcing has entered strategic partnerships with renowned accounting institutes such as the Institute of Chartered Accountants of India. It already holds gold partnerships with ACCA, UK, and the Chartered Institute of Management accountants and CPAs.
 

GI Outsourcing is renowned for its best employee practices, ensuring a positive work environment, the highest levels of customer satisfaction, and a strong commitment to training and skill development for its employees.
 

GI Outsourcing has been recognized as the "Dream Company to Work For" by Times of India publications for three consecutive years and Mr. Vikas Chadha personally received the prestigious “Udyog Bharti Award.” Vikas Chadha expressed his confidence that these strategic endeavors will solidify GI Outsourcing's position as a preferred employer and continue to drive the company's success in the UK Accounting Knowledge Process Outsourcing industry.
 

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide range of industry experts and accounting specialists to fill in the gaps and help businesses transform unprofitable clients into profitable ones. With over 25 years of experience, they are one of the most trusted leading financial services & and accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management Accounting, Bookkeeping, taxation, cloud computing, virtual CFO, and controllerships. GI has a presence in India and the UK with offices in Mumbai, Delhi, Ahmedabad, and London and a pool of nearly 400 plus finance and accounting professionals working diligently to provide impeccable service to valued customers across the UK, Ireland, USA, UAE, and Canada and planning to further expand into Australia working diligently to provide impeccable service to valuable customers. GI Outsourcing today works with all the major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, CaseWare, and Iris as well as many of the large ERP systems, such as Dynamics, SAP, and Oracle.

For more information, please visit us at www.gioutsourcing.com.

Honorary Doctorate being awarded to Mr Bharat Goenka by Dr. Ashok K Chitkara, Chancellor and Dr. Madhu Chitkara, Pro Chancellor, Chitkara University

Hailed as the "Father of the Indian software product industry" and lauded with the esteemed Lifetime Achievement Award by NASSCOM in 2011, Mr. Goenka stands as an icon of innovation and entrepreneurship in the technology sector. As the founder of Tally Solutions, he has played a pioneering role in revolutionizing the landscape of business management software products, with a global user base exceeding 7.2 million.

The Honorary Doctorate was presented to Mr. Goenka by the esteemed Dr. Ashok K Chitkara, Chancellor of Chitkara University, and Dr. Madhu Chitkara, Pro Chancellor, during a grand convocation that celebrated his outstanding achievements.

Mr. Goenka's journey commenced in 1984 when he received an IBM PC as a gift from his father, setting the stage for a technological revolution that would touch millions of MSME businesses worldwide. His ingenuity gave birth to 'The Accountant', a revolutionary accounting software devoid of complex coding, which later evolved into Tally Solutions in 1999. Soon, Tally.ERP9, the world's first concurrent multi-lingual business accounting and inventory software, marked a paradigm shift, and the latest offering, Tally Prime, continues to set industry standards with its user-friendly interface and seamless experience. Under Mr. Goenka's dynamic leadership, Tally has evolved from a simple accounting package for SMEs to a comprehensive business management software serving enterprises of all sizes and types.

Receiving the Honorary Degree, Mr. Bharat Goenka said, "I feel truly humbled and honoured to receive the Honorary Doctorate of Literature from an esteemed University like Chitkara. I have been blessed to be a part of Tally’s story and witness the unfolding of its magic over the years. It’s been my absolute privilege to meet and interact with the esteemed faculty and the bright students at the Chitkara University."

Dr. Ashok K Chitkara, Chancellor of Chitkara University, Punjab, expressed, "Mr. Bharat Goenka’s legacy as a trailblazer and innovator will continue to inspire future generations, paving the way for a brighter and more innovative future for our nation and the world. The Honorary Doctorate is in recognition of Mr. Goenka’s tremendous contributions to the Indian software product industry, technological innovation, and entrepreneurial leadership. Chitkara University extends its heartfelt gratitude to Mr. Bharat Goenka and confers upon him this well-deserved doctorate."

Dr. Madhu Chitkara, Pro Chancellor of Chitkara University, Punjab, commended Mr. Goenka's exceptional contributions to the software product industry, emphasizing their profound impact on technological innovation and entrepreneurial leadership. She remarked, "Mr. Goenka's relentless pursuit of innovation has ignited a revolution in technology. We honour his pioneering spirit and foresee his legacy inspiring countless future trailblazers."

Mr. Goenka's outstanding contributions have earned him numerous accolades, including the prestigious Padma Shri award, India's fourth-highest civilian honour, recognizing his outstanding impact on trade and industry. His visionary leadership has not only transformed the technology industry but also empowered countless businesses to thrive.

About Chitkara University

Chitkara University, situated near Chandigarh, has emerged as the most vibrant and high-ranking University in North India. It is ranked among the top 5% of higher education institutions in India. The University is awarded NAAC A+ accreditation and has also been ranked by NIRF (National Institute Ranking Framework).

The University offers courses in Engineering and Technology, Business Management, Planning; Architecture, Art & Design, Mass Communication, Sales and Marketing, Hospitality Management, Pharmacy, Health Sciences, Law, Psychology, and Education. Students studying at Chitkara get the best start-up support, world-class research excellence, and many internationally renowned opportunities.

For more information please visit: www.chitkara.edu.in.

Not only insightful speaking sessions, but GFF 2023 was also abuzz with a plethora of other activities including a huge exhibition, numerous investment pitches, master classes and workshops. Numbers speak for themselves. Here is the grand scale of the world's largest fintech conference at a glance: 

• 900 speakers, from 30+ countries

•  Regulatory dignitaries from 100+ countries

•  300+ exhibitors 

• 300+ investors – VCs, angels, PE funds 

• $ 2Bn Investment conversations 

• 100+ product launches 

• 80+ whitepapers released 

• 22 thought leadership report launches 

• 3 hackathons (SEBI, NABARD and SBI) 

• 65,000 footfalls from 100+ countries 

GFF 2023 was supported by the Ministry of Electronics and Information Technology (MietY), the Department of Economic Affairs (DEA), Ministry of Finance, the Reserve Bank of India (RBI), and the International Financial Services Centres Authority (IFSCA) and was organized by the Payments Council of India (PCI), Fintech Convergence Council (FCC), and National Payments Corporation of India (NPCI).

Among the leading international agencies which partnered with GFF 2023 are the World Bank, the Global Knowledge Partnership on Migration and Development (KNOMAD), the Consultative Group to Assist the Poor (CGAP), and Women’s World Banking. Australia, Brazil, the United Kingdom, Germany and Israel were the Country Partners of GFF 2023. 

Mr. Kris Gopalakrishnan, Chairman, GFF 2023 Advisory Board, Chairman, Axilor Ventures and Co-founder, Infosys, in his welcome address, set the context of the conference saying, that the “Mission of the GFF is clear: to provide a unifying platform for fintech visionaries to come together, collaborate and chart the course of the future of our industry.”

GFF 2023 was inaugurated by the Honourable Minister of Finance and Corporate Affairs, Government of India, Smt. Nirmala Sitharaman. In her inaugural address, she commended the Global Fintech Fest for becoming “a very powerful network of experts, both financial and also technological.”

Among other luminaries who addressed the conference were Shri Shaktikanta Das, Governor, Reserve Bank of India; Dr. Bhagwat Kishanrao Karad, Minister of State for Finance, Government of India Smt. Madhabi Puri Buch, Chairperson, Securities and Exchange Board of India (SEBI); Shri Debasish Panda, Chairperson, Insurance Regulatory and Development Authority of India (IRDAI); Shri K Rajaraman, Chairperson, International Financial Services Centre Authority (IFSCA), and Shri Dinesh Kumar Khara, Chairman, State Bank of India.

GFF 2023 was also marked by a significant global presence. Among international stalwarts who spoke at the conference were Mr. Maha Prasad Adhikari, Governor, Nepal Rastra Bank; Ms. Soraya M Hakuziyaremye Vice-Chairperson and Deputy Governor, National Bank of Rwanda; Mr. Aleksi Grym, Head of Fintech, Bank of Finland; Mr. Eduardo Enrique Torres Llosa Villacorta, General Manager, Central Bank of Peru; H.E. Khaled Al Basias, Director Financial Sector Development, Saudi Central Bank; Ms. Doris Dietze, Head of Division, Federal Ministry of Finance, Germany; Mr. Masaki Bessho, Head of FinTech Centre, Payment & Settlement Systems Department, Bank of Japan; Mr. Andy White, Chief Executive Officer, Australian Payments Network (AusPayNet) and Mr. Thomas Kurian, Chief Executive Officer, Google Cloud. 

 
Instituted under GFF, the Global Fintech Awards 2023 recognised and celebrated outstanding accomplishments of individuals and entities in the fintech ecosystem around the globe. The awards were given away at a gala ceremony on September 5 in three categories, divided into 15 subcategories.

To sum it up, GFF 2023 arrived on the international map of fintech conferences with a huge bang, reflecting India’s leadership in the global fintech ecosystem. 

ICAI has consistently led transformative shifts in the financial sphere. Through path breaking initiatives like the Sustainability Reporting Maturity Model (SRMM) 2.0, Social Audit Standards, the Business Responsibility and Sustainability Reporting (BRSR) certificate course, and SSAE 3000, ICAI is steering India toward a new era of robust assurance and reporting in sustainability.

The Sustainability Reporting Standards Board (SRSB) of ICAI has introduced the Sustainability Reporting Maturity Model version 2.0-a structured framework aimed at evaluating and guiding the advancement of sustainability reporting practices across organizations. This model empowers organizations to self-assess their existing practices, identify areas for improvement, and establish benchmarks for progressing in their sustainability reporting endeavors.

SRMM 2.0 will serve as a roadmap for organizations aligned with BRSR guidelines to enhance their sustainability reporting practices over time, helping them move from mere compliance to more strategic and impactful reporting that aligns with their business objectives and contributes to a more sustainable future.

Furthermore, ICAI's establishment of Social Audit Standards provides organizations a systematic method to evaluate and enhance their social impact, bolstering ICAI's mission to encourage responsible corporate conduct.

The launch of the Business Responsibility and Sustainability Reporting (BRSR) certificate course underscores ICAI's commitment to nurturing professionals equipped with practical proficiencies to navigate the evolving landscape of sustainable business practices. This initiative equips individuals to guide businesses toward growth while upholding responsible practices.

Recently, SEBI has revised its Business Responsibility & Sustainability Reporting format and commencing from the financial year 2023-24 foremost 150 listed entities shall mandatorily undertake reasonable assurance of the BRSR Core, which will gradually be adopted by all 1000 reporting companies by the FY 2026-27.

Aligned with its pursuit of credible reporting, ICAI's introduction of SSAE 3000 establishes a benchmark for attestation engagements related to non-financial information, including sustainability reports. This standard assures reliability and consistency in reporting, enhancing investor confidence in the accuracy of disclosed data.

Collectively, these actions emphasize ICAI's dedication to promoting transparency, accountability, and investor protection. This significant effort transforms the investment landscape and highlights India's leadership in the field of non-financial reporting and assurance.

About ICAI

The Institute of Chartered Accountants of India (ICAI) is a statutory body set up by an Act of Parliament under the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountancy in India. The Institute, functions under the jurisdiction of Ministry of Corporate Affairs, with more than 7.83 Lakh Students & over 3.78 lakh members, ICAI is one of the largest professional accounting bodies in the world, with a strong tradition of service to the nation. Today ICAI has wide network of 5 Regional Councils and 168 Branches in India. It has 47 Overseas Chapters and 34 Representative Offices and presence in 81 cities and 47 Countries of the world.

Left to Right - Sridhar DM, Madhu Kiran, Govind, Mohan and the beneficiary Manikya

Mr. Madhu Kiran, Chief Executive Officer, My Finance Wellness said, “The company’s offering enables entrepreneurs who are engaged in income-generating trade activities for earning their livelihood by providing end to end solutions of Financial Literacy, Micro Accounting Platform to track their business finance and Micro Loans.”

Talking about the just launched Micro Business Loans, which is offered to all first to credit, women, tiny, nano & unorganised entrepreneurs, the official said that these loans are provided even if there is no financial track record for customers who often get bypassed by traditional banks for want of documents. Company provides an in-house Made in India Micro Accounting Platform which enables these entrepreneurs to track their business progress and based on the platform usage they will be provided with the business loans. 

Mr. Govind, Head of Strategic Partnerships for the company informed how company plans to work with more and more NGOs in the livelihood and women empowerment areas and make them Aatmanirbhar. 

Mr. Sridhar, Managing Trustee of GRAMA, a NGO, who’s beneficiaries were given loan today, said such tie ups with new age MFIs will help NGOs like GRAMA who are dedicated to help micro entrepreneurs in rural and semi urban areas of the country. 

About My Finance Wellness (MFW) - SIRI Micro Care

The company was formed in the year 2020, head quartered in Bangalore India, works with Tiny, Nano, Women entrepreneurs in tier 2, 3 & 4 areas by providing financial services by way Financial Literacy, Micro Accounting Platform and now starting off with Micro Business Loans. The company’s first in the country, model- B2H (Business 2 Humans) enables customers get digitally transformed with human touch by way of feet on street support. The company believes in solid business practices, transparent customer interactions and need based responsible lending to customers in order to ensure that each one of them is Financially Empowered to lead their business.

You can know more about the company and their business on www.myfinancewellness.com.

The partnership has since inception served more than 25 lac* customers with over INR 3,81,900 Cr.* worth of sum assured to cover their risks. The alliance aims to further strengthen its distribution network, leverage cutting-edge technology and offer differentiated products in the marketplace, as part of their long-term strategy.

Mr. V. Viswanand, Deputy Managing Director, Max Life, said, “As our promoter and a successful Bancassurance partner of 13 years, our relationship with Axis Bank has grown in strength over the years. We are strongly focused on increasing the momentum and are well positioned to capitalise on what we have already achieved. We will continue to build on our vision of strengthening our position as a top leader in the Indian Life Insurance sector and deliver strong value to all stakeholders.”

Commenting on the occasion, Mr. Ravi Narayanan, Group Executive & Head – Branch Banking, Retail Liabilities and Products, Axis Bank, “We truly believe that for any collaboration to be successful the partners need to have not just a shared goal or vision, but also the same values. Our shared values of customer obsession and collaboration have enabled us to strengthen our alliance over the past decade. With the right technology, products and people on our side, we aim to further deepen and build on it.”

The acquisition of 12.99 percent equity share capital in Max Life by Axis Group has further strengthened the shared commitment towards deepening insurance penetration in India. 

About Max Life Insurance

Max Life Insurance Company Limited is a Joint Venture between Max Financial Services Limited and Axis Bank Limited. Max Financial Services Ltd. is a part of Max Group. Max Life offers comprehensive protection and long-term savings life insurance solutions, through its multi-channel distribution including agency and third-party distribution partners. Max Life has built its operations over two decades through a need-based sales process, a customer-centric approach to engagement and service delivery and trained human capital. As per annual audited financials for FY2022-23, Max Life has achieved a gross written premium of INR 25,342 Cr.

For more information, please visit the Company’s website at www.maxlifeinsurance.com.

About Axis Bank

Axis Bank is the third largest private sector bank in India. Axis Bank offers the entire spectrum of services to customer segments covering Large and Mid-Corporates, SME, Agriculture and Retail Businesses. With its 4,758 domestic branches (including extension counters) and 10,990 ATMs across the country as on 31st March 2022, the network of Axis Bank spreads across 2,702 centers, enabling the Bank to reach out to a large cross-section of customers with an array of products and services. The Axis Group includes Axis Mutual Fund, Axis Securities Ltd., Axis Finance, Axis Trustee, Axis Capital, A.TReDS Ltd., Freecharge and Axis Bank Foundation.

For further information on Axis Bank, please refer to the website: https://www.axisbank.com.

*as of 31 March 2023

Over the last three years since its launch, myBillBook by FloBiz has already helped over 70 lakh businesses in India grow by enabling digitization of their day-to-day business operations and management from anywhere, anytime. Built from a customer-first approach, myBillBook is available on Android, iOS and desktop and can be accessed both online and offline, making it convenient for businesses to use in any situation. With its advanced core functionalities such as GST/Non-GST billing, e-Way billing, POS billing, and e-Invoicing, small and medium businesses generate trades worth INR 12,500 Cr. on myBillBook every month, showcasing its widespread adoption and impact on the SMB community.
 

The new capabilities introduced by myBillBook are a result of deep consumer research which are in line with the company's objective of "Building For Bharat" or developing technological solutions for the emerging India. These features and modules have been designed to suit Indian SMBs’ persona in a way that they are intuitive to use, yet powerful and cover the wide spectrum of use cases for different industries. These include:  

WhatsApp Marketing: Users can now promote their businesses through bulk marketing campaigns on WhatsApp and analyze the return on investment (RoI) of these campaigns. The brand-new and easy-to-use templates available on the platform will enable small business owners to announce and publicize various activities such as discounts, promotions, seasonal sales, and festivals.
 

Staff Attendance & Payroll Management: This is a dedicated module which enables business owners to mark the attendance of their employees, add advance payments, and manage staff payroll.
 

Automated Bills: SMBs can now set up recurring invoices for retainer-type services to their clients, thereby eliminating the need for manual invoice creation every month. This saves not just a lot of time for business owners but also removes errors and discrepancies. Users are just required to set services rendered, frequency & reminder schedule and the software takes care of automatically generating & sharing professional invoices to customers and clients.
 

GSTR in JSON: Users can download and email their GSTR1 files in JSON format for easy uploading to the GST portal or sharing with accountants, along with 25 other important reports.
 

Generate E-Way bills on Mobile: This latest feature will provide users the ability to generate e-way bills on mobile phones. This feature has been available on myBillBook’s web app so far but it has recently been integrated into its mobile application as well. This feature makes the bill generation process completely automated, and the user can send error-free e-way bills to the parties of their choice right from their mobile phones.
 

Balance Sheet: With this new capability, SMBs can now generate balance sheets directly on myBillBook and have a comprehensive and consolidated view of their business financials while maintaining compliance of their enterprises.
 

Customer Relationship Management (CRM): Users can set and send service reminders to buyers and sellers, as well as set notifications for upcoming appointments. Features like birthday reminders are also included to enhance customer delight.
 

Loyalty Programs: Business owners can now set up loyalty programs for their customers to support them in retaining customers for a long term by converting loyalty points directly into discounts on future purchases and avoid their customer churn post sales. The exclusive loyalty programs will enhance the relationship of SMBs with existing clients and attract new clients with attractive offers. 
 

Multiple Bank Accounts: Users can now manage multiple bank accounts and payment modes, making it easier to reconcile payments received and made from different accounts.
 

Data Export to Tally: Users can seamlessly export all myBillBook data to Tally, a popular accounting software, making it easier to manage their business data and reports.
 

"Understanding the use cases and solving the pain points of our users through technology-led solutions is core to our philosophy. We're thrilled to launch these new features and capabilities on myBillBook and strongly believe these would prove to be a game-changer for our users. In addition to core functionalities around invoicing, reports, inventory management, payments and accounting, myBillBook now also provides features for customer engagement, marketing, staff management and loyalty. myBillBook is steadily evolving into a one-stop solution and a complete business management software which simplifies operational processes and improves business efficiency on-the-go," said Rahul Raj, CEO & Co-founder, FloBiz. 
 

The new features introduced by myBillBook will help users improve their customer experience through streamlined CRM, service reminders, and WhatsApp Marketing. The addition of features for managing staff attendance and payroll, as well as advancements in accounting features such as providing balance sheets and GSTR in JSON format, will contribute to the acceleration of digitization for SMBs in building robust mobile-first solutions and addressing the pressing problems of the Indian SMB sector, in line with the vision of building an Aatmanirbhar Bharat.
 

About myBillBook

myBillBook has been designed to aid SMB owners to run their operations from anywhere & anytime. It is available on both mobile & desktop and provides a secure platform for business owners to record transactions & track business performance on the go. It is an ideal software for GST registered businesses where invoicing is one of the core business activities. Also, businesses looking to digitise their operations and understand their financial position better can use this software. It helps them create bills (GST & non-GST) and e-Invoices, record purchases & expenses, maintain stock and manage payables/receivables directly from their mobile phones or computers. Also, the app generates 25+ critical business reports that help business owners make effective business decisions. myBillBook is currently available in English, Hindi, Gujarati & Tamil.

Parimatch Invites Cricket Lovers to Celebrate IPL

By exploring new sports, markets, and streams, users can unlock achievements and earn Freebets, Free Spins, Avatars, and much more.

The only thing needed to take advantage of this exclusive gamification is to have passion for sports and IPL.

Thrilling tournaments

The tournament leaderboard features the list of all the most active players who showcase their skills in the adrenaline-fueled events. With four tournaments scheduled throughout the IPL season, each offering 2,000 rewards, including a top prize of Rs. 200,000 Free Bonus, the stakes are high, and the competition is fierce. 

Exciting quests

Users can test their cricket skills and win amazing prizes by participating in numerous thrilling quests, which are a set of tasks like account verification, placing a sports or a casino bet, trying out a new market or betting on a new outcome. It’s also worth mentioning that completing quests influences the progress of getting higher on the leaderboard and sharing the grand prize with other top players.

Remarkable Achievements

By making bets on IPL matches or live casino, users have a chance to gain outstanding rewards. Overall, there are five achievements in PM Gurus: Rising Star, Future Sensation, Curious Mind, Unstoppable Hero, and Legendary Champion. Depending on the achievement earned, users can receive a FreeBet of up to Rs. 7000 or a limited-edition Avatar for their PM Gurus profile. 

Mind-blowing stickers

Another way users can get FreeBets is by filling in a sticker book. It works as follows: user makes a deposit or places a bet on the IPL match, receives a sticker, and fills up their book page by page to earn rewards - Rs. 300 Freebet for each completed page. Completing the entire 3-page sticker book unlocks a Rs. 400 Freebet and a new Avatar for their PM Gurus profile.

Loot boxes full of surprises

The PM Gurus offers loot boxes that users can get by completing quests.

With six virtual boxes offering rewards of different values and purposes like extra tournament points, Freebets, Free Spins, bonuses, and more, there's something for everyone.

Parimatch always strives to bring more excitement and adventure to its users, and that was the driving point for creating PM Gurus. This gamification feature brings the IPL experience to life, providing cricket fans with an extra opportunity to engage with their favorite teams during the ongoing IPL season.

So, whether you're a die-hard cricket fan or just looking for a new adventure, don't miss out on the chance to Win Big with Parimatch!

To begin your IPL journey with PM Gurus, please visit the Parimatch website.

The feature is available throughout the IPL season and expires on May 28, 2023.

About Parimatch

Parimatch is the world-leading betting company founded in 1994 which employs a digital-focused strategy to meet all the challenges of today's reality. The company has come a long way and is continuously developing and improving the quality of its customer experience, which is enjoyed by over 2.6 million users across Africa, Asia, Europe, and Latin America. Parimatch's team of champions includes such stars as Conor McGregor, the living legend of boxing Mike Tyson and Dale Willem Steyn, one of the greatest bowlers of all time. It also includes partnerships with one of the most famous football leagues in the world, such as LaLiga, as well as with the biggest teams in the world: Chelsea, Juventus, Leicester City and Everton.

About PMI

PMI is a service company, engaged in the development and implementation of the expansion strategy for the Parimatch brand in the markets of Africa, Asia, Europe, and Latin America. The company provides the tech, marketing, and communications services for partners in the betting industry. Innovations, new technologies, and the desire to provide the best gaming experience for the customers are what drives PMI forward.

Tom Rosenfeld Founder, President and Chief Executive Officer of CanAm Enterprises

The accounting represents the 5^th time CanAm has retained PKF to conduct an audit of CanAm’s EB-5 track record. It’s viewed as an emblem of quality and integrity, or an EB-5 “Good Bookeeping Seal”, to provide investors and industry stakeholders with credible, third-party verification of the accuracy of the company’s publicly disclosed EB-5 information.

“Investor interest is now resurging following a period of lapse and the enactment of reforms to add integrity and accountability protections for investors in the EB-5 program,” said CanAm President and CEO Tom Rosenfeld. “As we welcome new interest with high-quality offerings, CanAm stands by the tried-and-true values that have defined us for the last 35 years – honesty, integrity and transparency in all we do. That includes subjecting our track record to the stress test of an independently verified accounting of our track record. No other regional center puts its record through the rigors of an independent audit, but investors deserve nothing less,” said Rosenfeld, who is also a Certified Public Accountant.

Other key highlights of the PKF audit show:

• Approval of 99.7% of the USCIS adjudicated immigration petitions for CanAm EB-5 projects (I-526 and I-829 petitions).

• $2,196,989,078 in repayments corresponding to 4,414 investor families.

• Less than 0.3% rate of denials for reasons unrelated to the performance of CanAm-sponsored projects.

“For more than 35 years and across close to 65 projects, CanAm has relied on a simple formula – present investors with high quality offerings from best-in-class partners, and the results speak for themselves – $2.19 billion in project repayments to more than 4,400 investor families, and more than 8,000 permanent green cards issued to family members. CanAm is proud of that record and more importantly for investors, proudly verifies its accuracy,” Rosenfeld said.

Please contact us if you would like a copy of the PKF audit summary.

About CanAm Enterprises

CanAm Enterprises, with over three decades of experience promoting immigration-linked investments in the US and Canada, has a proven track record of success. With over 60 financed projects and $3 billion in raised EB-5 investments, CanAm has earned a reputation for credibility and trust. To date, CanAm has repaid more than $2.19 billion in EB-5 capital from over 4,400 families. CanAm operates eight USCIS-designated regional centers in Philadelphia, Pennsylvania, New York & New Jersey, California, Hawaii, Florida, Texas, Maryland, D.C., and Virginia. 

For further information, please visit www.canamenterprises.com.

 Karthikeyan NG appointed as CTO of TaxNodes
 

Karthikeyan brings more than 14 years of experience in the technology industry and prior to joining the TaxNodes, he was the former Director of Engineering at nference. Karthikeyan has a proven track record of delivering innovative products and services that meet the needs of customers across a wide range of industries.
 

"We are thrilled to welcome Karthikeyan to TaxNodes as our CTO," said Avinash Shekhar, Founder and CEO of TaxNodes. "His extensive experience in technology innovation and leadership will be invaluable, as we continue to develop and deliver solutions, that help our clients in simplifying their tax compliance processes and reduce their risk exposure. We are confident that he will play a key role in driving the growth and success of the product we are building."
 

"I am excited to start this new chapter of my life with TaxNodes,” said Karthikeyan NG. "I look forward to working with the talented team at the company, to create products that will accurately calculate tax liabilities with respect to the compliance, which will further simplify crypto taxation for retail users in India as well as beyond.”
 

TaxNodes is led by a strong team of professionals with deep domain knowledge and combined industry experience of over 40 years. The platform is building solutions for individuals as well as institutions by continuously working with innovative chains, platforms, CEXs, coins, DeFi and asset classes that are emerging every day.
 

About TaxNodes

TaxNodes is a crypto tax platform that aims to simplify the tax computing process in India. The platform was founded in December 2022 and headquartered in Singapore by seasoned finance executive Avinash Shekhar. TaxNodes is launched with the mission to transform the way Crypto profitability, taxation and reporting are handled for retail investors as well as exchanges.

TaxNodes aims to simplify the tax computing process and access individual tax compliance. Additionally, focusing to help crypto exchanges to increase their internal controls and automate reconciliation & accounting. The platform enables retail investors to automate crypto taxation by bringing all of their crypto transactions across multiple exchanges, P2P, private wallets and different blockchains under one roof. TaxNodes focuses on ensuring the completeness of data and its integrity through near real-time profit/loss computation, portfolio tracking, dashboards and analysis.

The company is working towards increasing internal controls and adherence to compliances related to taxation and regulations in the Crypto and Web 3 space. It is also addressing these challenges by providing solutions to exchanges around crypto reconciliation and automation of crypto accounting and integration with traditional accounting systems. Additionally, TaxNodes will help government regulators to increase the ability to ensure tax and other compliance from crypto users and exchanges by providing audit tools, thereby making the entire process efficient and seamless.

For more information, please visit www.taxnodes.com.

 Ramagya Mart

B2B e-commerce has also emerged as an effective means of improved brand awareness and better sales management. In the era of smart manufacturing, the way companies manufacture and distribute their products has completely changed. The companies offering a digital B2B e-commerce platform are attracting more customers and businesses.

Flourished by the higher internet penetration and the advanced payment platforms, the B2B e-commerce has created a revolution in the retail industry. Ensuring the availability of products priced at lower rates they successfully attract more and more customers.

Ramagya Mart is one such B2B e-commerce platform that offers the traditional Indian manufacturing businesses a digital edge to better their distribution reach using its service propellers. As an e-trading marketplace, Ramagya Mart allows e-commerce by enabling manufacturers build their wholesale business e-shop and the brands to have their QR codes.

Meanwhile, the government has rolled out numerous initiatives to foster a vibrant e-commerce ecosystem in the country. It has also notified consumer protection rules for e-commerce. Even the initiatives like Digital India and Start-up India are contributing to the expansion of e-commerce in India.

According to a recent market report, the B2B trade opportunity in India is expected to reach USD 1.2 trillion by 2030 out of which B2B e-commerce will have the 8 per cent share. Obviously, it’s a huge opportunity for the B2B e-commerce players.

Mr. Utkarsh Gupta, Managing Director, Ramagya Mart said, “B2B e-commerce has a bright future and the government has been equally supportive with its policies. In the current scenario, it is vital for every B2B business to be on an efficient e-commerce site like Ramagya Mart that provides its customers automated yet personalised and a hassle-free experience with its smart and steering structure.”

Ramagya Mart is India’s first and only B2B E-Trading Marketplace for Home Appliances that caters to Manufacturers, Wholesalers, Traders, Distributors and Retailers to build their wholesale business e-shop. This new-age ecommerce platform backed by technology enables the manufacturers to reach their targeted wholesale potential without any restrictions or limitations.

It seamlessly creates a community consisting of home appliance manufacturers who can connect with their target audience. A highly intelligent, technologically evolved and secured B2B e-marketplace, Ramagya Mart has been developed to facilitate high levels of customisation. It has earned the trust of manufacturers and sellers via its perfectly designed business model.

Moving fast to achieve rapid growth and market share, Ramagya Mart also offers a special 34-day interest-free credit service. This service is implemented to ease the issues of retailers, resellers, and wholesalers distributors, who wish to buy home appliance products directly from manufacturers listed on the Ramagya Mart portal. At this platform, everything is completed and compiled digitally with instant approvals and disbursements, and the best feature: the loan is collateral free.

For more information, please visit: www.ramagyamart.com.

The Government of India collected Rs. 1.52 trillion as goods and services tax (GST) in October, reporting a 16.6 per cent year-on-year increase, driven by festive spending, better compliance, and higher tax rates. This collection is expected to increase further and exceed FY23 budget estimates by Rs. 1.3-1.4 trillion. Amidst this, Jocata launched its proprietary AI/ML based risk and business intelligence score, SME DNA, which will fast-track priority sector lending for banks and empower MSMEs to review and improve their business performance and get access to timely credit.
 

Prashant Muddu, CEO & MD, Jocata

“The GST framework is a treasure trove of business transactions data and is now beginning to drive financial institutions’ lending decisions, especially to MSMEs,” said Prashant Muddu, CEO & MD, Jocata, a B2B digital lending and compliance fintech.
 

SME DNA comes at a time when there is a growing demand for GST-based analytics. A strong regulatory push, growing GST filing compliance and the recent announcement of GSTN as a Financial Information Provider (FIP) under the Account Aggregator framework is expected to ease access to large volumes of consent-based GST data and grow the analytics outcomes.
 

With the government emphasizing on extending credit term to small enterprises, the SME DNA score will aid underwriters with enhanced 'Go-No-Go' decision within 2 minutes, thereby accelerating lending journey for MSMEs. With predictive insights, the SME DNA score will also spur credit innovation for banks in the form of contextual and targeted lending solutions and products aimed at the MSME segment, including embedded lending, GST bridge loans, sachet loans, BNPL, and cash-flow based loans, among others.
 

During its initial stage, the SME DNA score aided one of the top five private banks in India to build a business model in the small ticket segment of unsecured business loans in the range of Rs. 2 lakh to 20 lakh, and also secured overdraft of up to Rs. 2 crores digitally from the ground up, Muddu said.
 

“The outlook for GST-based analytics is very promising and it can significantly reduce the current problems that bankers face in credit decisioning for the priority sector that stem from a heavy reliance on expert judgement leading to longer decisioning times,” he added.
 

GSTN filings are considered a goldmine of authentic, reliable, digitally available, dynamic data. By leveraging cutting edge data science techniques on GSTN filings, SME DNA can empower underwriters with more transparent insights throughout the business cycle of credit seekers and reduce the Time-to-Credit (disbursal) for MSME borrowers from 2-5 days to less than 6 hours.
 

Jocata’s Data Sciences team has analyzed MSMEs' filing data from GSTN since its advent to develop the score that represents the risk of the MSME business. The score assesses the entity for its propensity to pay tax, checks the health of and (over) dependence on the MSMEs' buyers and suppliers, among other risk factors. It also helps banks’ underwriters and business teams in improving credit decisioning and monitoring, besides identifying early warning signals at entity and portfolio level, which is especially important at a time when banks and financial institutions are facing pressures to reduce Non-Performing Assets (NPAs). This is key to easing the trust deficit financial institutions face in lending to MSMEs and giving transparency and information throughout the business cycle.
 

Jocata has been working with some of the largest financial institutions to power their digital transformation journeys across a suite of fintech solutions including digital onboarding, risk scoring and assessment, credit underwriting, fraud prevention, API infrastructure and management, early warning systems among others. Some of the key banking partners include ICICI Bank, Axis Bank, Bank of Baroda, IndusInd Bank, Kotak Mahindra Bank, RBL Bank, Federal Bank, Standard Chartered, DBS Bank, Tata Capital, Airtel Payments Bank and American Express.

PFC Bags SAFA Gold Award for Best Presented Accounts/Annual Report

PFC was bestowed with this coveted award for its highest level of transparency in accounting practices and for achieving excellence in the presentation and disclosure of high-quality, relevant, reliable and objective financial statements in accordance with the international framework. 

The SAFA BPA Award is considered the most prestigious accolade for financial reporting in the entire South Asian region. This is the first time since the inception of these awards in 1997 that any Indian Company has won a ‘Gold’ in the category of “Public Sector Entities”.
 
It is worth mentioning here that PFC had earlier won the ICAI (Institute of Chartered Accountants of India) award for excellence in financial reporting in the ‘Public Sector Entities’ category for the Financial Year 2020-21. Based upon the quality of financial reporting, ICAI every year selects a few entries out of the awardees of excellence in financial reporting for sending to SAFA, which this year included PFC. The financials of PFC competed against entries from entire South Asian Companies and was ultimately declared the winner by the jury.
 
Smt Parminder Chopra, Director (Finance), Shri. R K Malhotra, ED (Finance) and Shri. Mohd. Salim, GM (Finance), PFC received this prestigious award at the award distribution ceremony held on 18th December 2022 in Kathmandu, Nepal.

Everest Group highlights Nexdigm’s end-to-end F&A service offerings across the entire F&A value chain, catering to multiple areas such as process consulting, F&A business process management, and transformation management.

Per Everest Group, Nexdigm is recognized for its ‘customer-centric approach as well as agility and responsiveness in handling dynamic requirements of its clients. Nexdigm integrates all FAO services with data analytics while strengthening its digital ecosystem with automation and path-breaking technologies. Nexdigm continues to invest in expanding its delivery capacity in the US and Europe, providing a high degree of flexibility in its engagements.

 
“Nexdigm featuring amongst the top 27 global finance and accounting outsourcing providers in the PEAK Matrix demonstrates our capability in bringing value to our clients by providing the right mix of deep domain expertise, technical capabilities, and process excellence,” said Guljit Singh, Group Executive Chairperson, Nexdigm. “In global businesses, Finance and Accounting as a function is seen as a business enabler for organizations. Our teams collaborate with finance leaders as their trusted partners while working diligently to integrate processes, data, and technology to give top-notch solutions to our clients.”

 Everest Group Finance and Accounting Outsourcing (FAO) Peak Matrix Assessment 2022

“Nexdigm provides end-to-end offerings, including operations consulting, managed services, and transformation support across the F&A value chain, with a strong focus on the P2P segment,” said Vignesh Kannan, Practice Director, Everest Group. “Its rich experience in serving SMB clients, especially in the US and APAC geographies, continued investments in enhancing its proprietary and third-party solutions through partnerships, and its focus on customer-centric and collaborative approach came out as key its strengths in Everest Group’s Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2022.”

 
About Nexdigm

Nexdigm is an employee-owned, independent, global organization serving clients from over 50 countries. Harnessing our multifunctional and digital capabilities across Business Services and Professional Services, we provide our customers, both listed and privately held firms, with integrated solutions navigating complex challenges. Nexdigm resonates with our plunge into a new paradigm of business; it is our commitment to Think Next.

At the same event, a new book on '5 Years of The Cob (Web) on GST - Threading the Needle" is going to be released by the Finance Minister of Tamil Nadu, Dr P Thiaga Rajan; Member of the Rajya Sabha, Mr Sushil Modi, former Judge of Supreme Court of India, Justice A K Patnaik and the former Finance Minister of Punjab, Mr Manpreet Singh Badal. The book has been authored by the Founder & CEO of www.taxindiaonline.com, Mr Shailendra Kumar who has also authored two more books in the past - "COVID-19 - Genocide Without Parallel" and 'It's Raining Black' on the issue of black money and tax havens.
 

TIOL Tax Congress 2022 will have four Technical Sessions in which global experts will be joining Indian experts to deliberate key taxation challenges roiling the Indian and global economies. The Secretary of the UN Tax Committee, Mr Michael Lennard, will be joining the session on Digital Economy which has speakers from the CBDT, Jio Platforms, noted senior advocate, former Member of CESTAT and partners of Deloitte which is the knowledge partner for the event. What makes this session relevant for the 'Digital India' driven economy is - with market potential running in trillions of dollars across the world, businesses are poised to be transformed by portals and apps that replace the in-person sales model in favour of digital sales. This has thrown innumerable issues that policy-makers, tax payers and professionals in the arena of both direct and indirect taxes, need to grapple with.
 

The second technical session is on the New Income Tax Code - Is India running behind the clock? Though the DTC report has been put in the cold storage but the general perception about the Income Tax Act is that it has outlived its utility and the shelf life. Six top experts are going to deliberate on various chapters of the Act and take a comprehensive look at the capital gains regime; personal income tax; business income; NRI taxation and many others.
 

The third session is going to be - Automated Tax Compliance - Managing Bid Data. A senior speaker from the World Bank will join the CEO of the GST Network and other experts from the industry and trade and the CBDT to look into the AI and blockchain-driven tools which are being deployed not only to prevent tax evasion but also facilitation of taxpayers. Data analytics has come to play a critical role for all the stakeholders.
 

The fourth session is going to look at the next frontiers of GST which has entered into a critical phase of reforms. The experts, including an international speaker, would be touching on issues relating to the excluded sectors, in particular the energy sector; input tax credit; compliance etc.

About Taxindiaonline.com

Taxindiaonline.com ("TIOL"), established in May 2000, is a reputed and FIRST Govt. of India (Press Information Bureau) recognised ONLINE MEDIA and resource company providing business-critical information, analyses, expert viewpoints, editorials and related news on developments in fiscal, foreign trade, and monetary policy domains. Our business has enabled our growing audience and subscriber-base, comprising of multinational and domestic corporations; service providers such as lawyers, consultants, and accounting firms; Governmental ministries and departments; officials connected to revenue, taxation, and commerce; and a growing number of foreign users who are active or keen to do business with India, to have access to accurate, and understandable analyses of essential but otherwise complicated and difficult-to-obtain information. 
 

TIOL’s salient feature has been its ability to bridge ongoing communication gaps that exist between policymaking, policy interpretation, and policy application. We interpret, simplify, and effectively disseminate in-depth analyses of not only policies and notifications from the various fiscal departments of the Government, but also of precedent-setting tax and trade case judgments from the various courts and tribunals in the country. Due to the widening net of taxation and compliance, ongoing modifications in trade policies, and onerous penalties for non-compliance, the durability of our core business proposition continues to be strengthened. Our business is positioned to grow in tandem with the urgent requirements of a rapidly enlarging audience not only in India, but abroad as well.
 

We are the acknowledged pioneers in our field, regarded as the legitimate online resource provider in our domain. Our credibility and leadership position has been steadily earned almost twenty years since we commenced operations in year 2000, and has been achieved through our proven ability to deliver resource information on a timely basis, along with meaningful editorial content which includes commentaries by a number of high-ranked experts available on TIOL Panel. Our approach emphasizes good ethics, characterized by its neutrality and fairness; this key ingredient has contributed to our loyal viewer-ship, our growing base of customers, and our overall business reputation.
 

Underscoring the value of our business premise is the fact that we have amongst the active users of our services, the Ministry of Finance which sets the fiscal policies for the country, The Ministry of Commerce which sets the trade policies for the country, the Reserve Bank of India which tailors the Monetary Policy, and the Big accounting firms, including the 'Big Four' who subscribe to our information packages and use these as a critical resource tool in order to effectively provide their services. Our services are used by key policy decision makers for inputs on policy-making; by corporate management for airing their grievances caused by flawed policies; and by journalists and other media companies as a research tool.
 

We pride ourselves as a dynamic, adaptive & learning organization. As individuals and as a company we operate within our values, on account of which we have enjoyed our almost two decades journey and have made an impact.

Our values may be encapsulated as follows:
 

• To build and maintain an environment of trust, everyone counts, everyone contributes;

• To drive innovation to results through teamwork.

• To form strategic relationships with partners who share our values, bring intellectual capital to support our vision and ideals;

• Above all, always take the high road.

Before the introduction of a paperless system, tax submissions presented to authorities were heard orally and implemented manually. But the country’s Income Tax regime has evolved in the past decade and has become contactless. It is accurate in cross-referencing the transactions and seamlessly mapping the business ecosystem. However, with the online assessment and appeal schemes, cases are decided mainly based on written submissions provided by the taxpayers. Therefore, it calls for quality written submissions that substantiate claims comprehensively. However, there are significant gaps experienced in communication between the taxpayer and the Income Tax Department. MASIndia is here to fill those gaps and make the submissions accurate, thus eliminating cost and time overruns. 

Ensuring the complete privacy of client data, MASIndia operates in a paperless environment. It uses the latest information technology tools for secure communication, secure uploading/downloading of documents and a secure video conferencing facility over the Internet. The browser-friendly, MASIndia works on all platforms, including MS Edge, Chrome, Mozilla etc. MAS has plans to include other advisory services on this platform in future.

Clients can also take advisory support offline if they wish to. Commenting on the MASIndia launch, Mr. Bharat Dhawan, Managing Partner, Mazars in India said, “We are delighted to launch MASIndia, our unique online platform for businesses and professionals, who are involved in submissions under the direct tax and indirect Tax regime. With MASIndia, we aim to help businesses amplify their growth most efficiently. The guidance from our team of experts and advisors will offer the required mentorship to businesses and tremendously benefit entrepreneurs seeking external help in organizing and expanding their business.”

“With the launch of MASIndia, Mazars aims to help numerous small and big enterprises operating in the country,” Dhawan added. In India, about 58.3 million ITRs have been filed for FY21-22 by the end of 31st July 2022. Over 2.2 million businesses including companies filed their tax returns in AY 2018-19. 

Commenting on the MASIndia offering, Mr. S K Singh, Former Principal Chief Commissioner of Income Tax and Principal Advisor, Mazars Advisory Solutions (MASIndia) said, “I congratulate Mazars Advisory LLP on the launch of MASIndia. Government departments have been increasingly using information technology for tax compliances and regulatory proceedings. However, the enhanced use of technology means submissions need accuracy. Despite digitization, businesses need an expert eye on the evolving compliances. Therefore, submissions should undergo a thorough check and need advisory support to remove errors and make them regulatory compliant. MASIndia brings together a set of experts for businesses, who can comprehensively understand the issues and provide a cost-effective solution.”

About Mazars

Mazars is an internationally integrated partnership, specialising in audit, accountancy, advisory and tax services. Operating in over 90 countries and territories around the world, we draw on the expertise of more than 44,000 professionals - 28,000+ in Mazars’ integrated partnership and 16,000+ via the Mazars North America Alliance - to assist clients of all sizes at every stage in their development.

In India, Mazars has an ambitious growth plan and already has a national presence with a strong team of over 1,000 professionals with 6 offices located in Bengaluru, Chennai, Delhi, Gurugram, Mumbai and Pune. Our professionals have in-depth experience in sectors like Energy, Telecom, BFSI, Automobiles, Technology, Real Estate, Shipping, Services, Manufacturing and Retail.

Find out more on www.mazars.co.in.

Founders - From L to R: Aditya Naik, Rahul Raj, and Rakesh Yadav

The four-minute anthem video gives glimpses of the hopes, aspirations, struggles and the indomitable spirit of India’s MSMEs - the likes of wholesalers, distributors, small-scale manufacturers, general stores, self-owned businesses, service providers, and retailers and encapsulates the narrative of expressing confidence in them for shaping the country's economy. The lyrics for the video are relatable as the choice of words is borrowed from the daily parlance of MSME owners and the visuals showcase the usual business life proceedings and challenges of SMEs and their rigour and undying spirit to keep going.

While the new anthem song instituted by myBillBook drives a larger MSME industry messaging, it also emphasizes the value that digitization and technology could offer MSMEs. The video also champions the cause of amplifying MSMEs reach and business growth by ably helping them to adopt new-age digital and tech tools for business acceleration. It echoes how various stakeholders, the MSME fraternity, and modern platforms could come together for a sustainable future.

The video anthem has been created in association with Great Mountain Picturehouse and will be distributed digitally via streaming platforms like YouTube and social networking platforms such as Facebook, Instagram, and WhatsApp. It will also be available on music streaming platforms like Spotify, Gaana.com, Wynk and a shorter version can also be used as a phone caller tune.

Video Link: youtu.be/9AeBcGVWvVs

Rahul Raj, Co-founder and CEO, FloBiz said, “The MSME Anthem - Tum Kamaal Ho video is our tribute and salute to the spirit of MSMEs who strive hard each day to grow further in their business and simultaneously push India’s Aatmanirbhar Bharat mission ahead. At FloBiz, the International MSME Day is regarded with high reverence. We have done our best to speak to the community directly through our video and it’s a sincere initiative to inspire belief in oneself and the larger industry towards taking the first step in pursuing their dreams of self-reliance. It remains our endeavor through our business as well as marketing campaigns to help the small scale businesses achieve accelerated growth and take pride in their work as much as we do in theirs.”

Pulkit Saboo, Director - Brand Marketing, Flobiz said, “This MSME day, we wanted to speak to the hearts of Indian businessmen. Awards and webinars as a concept lack novelty and are devoid of emotions and clearly do not provide any inspiration. The MSME anthem is a testimony to us being the true champions for MSMEs and we have attempted to emotionally connect with every individual who aspires to start a business or who has already dared to brave the challenges and write his/her own destiny. Multiple teams including the song composers, production unit and our marketing team members have worked day and night with a deep sense of passion to come up with this musical and visual delight. This will effectively enhance our long-term marketing and communication strategies in connecting with our end customers as we sincerely hope that for them this song becomes the daily dose of re-energising and reminding oneself of the fact - Oh Vyapaari, Tum Kamaal Ho!”

About FloBiz

FloBiz is the parent company for myBillBook which has been designed to aid SMB business owners to run their operations from anywhere & anytime. It provides a secure platform for business owners to create invoices, manage inventory, collect payments, streamline account payables & receivables, track business performance and improve overall business efficiency through a simple-to-use yet powerful technology. myBillBook is available on android, iOS, web as well as on offline desktop and generates 25 critical business reports that help owners make effective business decisions. The app is currently available in English, Hindi, Gujarati & Tamil and enjoys the trust and confidence of more than 65 lakh businesses and observes 10 lakh monthly active users who generate monthly trade worth Rs. 12,500 Cr. on the platform.

PKF’s audit report provides EB-5 investors and industry stakeholders with credible, third-party verification of the accuracy of CanAm’s EB-5 track record. This is particularly important for EB-5 investor families who are now making important EB-5 investment decisions in the wake of the Program reauthorization and all the changes brought about by the new legislation. 

“At CanAm, our team truly understands the uncertainty caused by the past two years of COVID, the Program lapse last year, and how the new Program rules will impact them. We hope that our investor families are reassured that our track record confirms the depth of the knowledge, values and experience we have brought to EB-5 over many years,” said CanAm President and CEO Tom Rosenfeld.

“To have more than USD 2 billion in EB-5 capital repaid, including USD 450+ million in 2020 and another USD 228 million in 2021 during the global pandemic from several different projects confirms that we have the experience investors can trust during times such as these. A track record like ours does not happen by accident; it is the result of hard work, attention to detail and business values that always puts the interests of our investor families first,” added Rosenfeld.

Please contact us if you would like a copy of the PKF audit summary.

About CanAm Enterprises

With 35 years of experience sourcing, underwriting and promoting immigration-linked investments in the United States and Canada, CanAm has a long and established track record, and a reputation of credibility and trust. CanAm has financed more than 60 projects and raised more than USD 3 billion of EB-5 capital. To date, more than USD 2 billion of EB-5 capital from more than 4,000 investor-families has been repaid by CanAm sponsored Regional Center Partnerships. CanAm exclusively operates seven USCIS-designated regional centers that are located in the City of Philadelphia, the Commonwealth of Pennsylvania, the metropolitan regions of New York and New Jersey, and the states of California, Hawaii, Florida, and Texas.

For more information, please visit www.canamenterprises.com.

Smart Accountants Aims to Become a McKinsey of India Offering Full Bouquet of IT and Consulting Services

The company offers a wide range of services - from company registration to marketing automation, to 800+ customers in South India. It plans to increase its customer count to 5,000 and cover pan India by 2025.

Founded in 2019 by three chartered accountants with the aim of automating and boosting productivity in accounting operations for organisations, Smart Accountants has diversified its services. It has built a client base for systems integration for ERP solutions. It added regulatory compliance, legal consulting, digital marketing, among others to its services portfolio. The company's team size has increased from four at the time of its inception to 30 now. It is set to increase the headcount to 50 by the end of this year.

Commenting about the company’s growth plans, Mr. N.K. Balachandiran, CEO, said, “Our goal is to become one of the renowned Information Technology-based audit firms in India with competencies matching that of the McKinseys of the world. Our growth enablers always are our responsive team, quick turnaround time, and value for money. We are extremely focused on customer satisfaction, and delivering results with our start-stabilize-scale up approach.”

In his comments, Mr. V Sudarsanan, Chief of Operations, said, “The organisation effectively uses the ticketing system to solve customer problems instantly and in a streamlined manner. It also creates a dashboard for every customer to recognise the business value of its professional services and automation solutions. Since we understand finance and operations of our customers well, we could prove to be their valuable partner in pretty much all other functions such as marketing, and capacity planning,” he remarked.

In his perspective, Mr. M. Gautham, Chief Entrepreneur, said, “Though we offer a diversified set of services, they are essentially business take off solutions. The idea is to help our startup customers hit the ground running and our established customers scale up. Our greatest asset is our young and energetic team who are readily available for consulting and advisory. Internally, our focus lies in resource optimisation: we engage only required resources for a given operation. This saves cost for our customers. Also, we let customers pay as they grow - instead of pay per use.”

He pointed out that a vast majority of companies in India run their operations in an unorganised way. Their operations are man-dependent and not systems-driven. “Hence, before selling our services, we face the challenge of educating the customers about the benefits of embracing a system. It is a prerequisite for IT adoption and running a business with data,” he added.

A majority of the customers of Smart Accountants are from hospitality, telecom, MSMEs, industrial appliances, and construction & infrastructure sectors. Their turnover varies from a few crores to hundreds of crores. Among the key tech solutions the company uses include Zoho, QuickBooks, Tally, SAP ERP, and a host of digital marketing tools. Smart Accountants boasts of a modern workplace that exists amidst a green and eco-friendly environment.

“I am honored that my work has been recognized by an eminent panel of jury of Glory of India award. This award is further testimony to the India’s best-in-class financial & accounting capabilities and the rich talent pool that is helping global clients to achieve strategic outcomes, achieve greater agility and drive new growth areas in this ever-changing business environment,” said, Vikas Chadha, MD-GI Outsourcing on receiving the award, “In this journey, I have been supported by my GI team across India and UK, this award belongs to all of them.”

Vikas Chadha, MD-GI Outsourcing being awarded Glory of India-2021 Award

Being the Managing Director of GI Outsourcing, Vikas aims to make GI a truly Global Interconnected solutions provider by enriching the working lives of others through enhanced efficiencies, automation, and expertise. He has created several pillars in existing lines of business to leverage their strengths on quality and service with existing UK service businesses. He is also adding new lines of business which are complementary and high-value addition, and expanding business to other geographies.

According to ResearchAndMarkets.com, accounting outsourcing service forms a critical function in the overall finance and accounting market. The global market for Finance and Accounting Outsourcing estimated at US$37.9 Billion in the year 2020, is projected to reach a revised size of US$53.4 Billion by 2026, growing at a CAGR of 5.9% over the analysis period.

The report also states that the pandemic has accelerated the demand for F&A outsourcing. Outsourcing service providers would increasingly leverage advanced technologies like machine automation and artificial intelligence for speeding up tasks and increasing productivity for clients. The finance and accounting outsourcing domain is witnessing a pressing need for providers to migrate from archaic pricing models towards automation initiatives to stay relevant and ensure renewal of service contracts.

GI is looking at robust expansion plans and strengthening its footprint globally in various areas of finance and accounting. They are rapidly increasing their reach in India including new offices in Ahmedabad and Delhi NCR to nurture and acquire the best accounting talent in the industry. In terms of market growth, they have been working on a strategy to take GI beyond the UK and Europe into other important markets of the USA, Canada, Australia, and Singapore. This will make GI a global player with the best accounting talent and training.

The Glory of India Awards are a celebration of individual excellence and are presented annually to professionals from diverse fields in recognition of sterling merit, exemplary performance and outstanding contribution to the nation’s growth through their respective professions.

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide-range of industry experts and accounting specialists to fill in the gaps and help business transform unprofitable clients into profitable ones. With over 20 years of experience, they are one of the most trusted leading financial services & accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management accounting, Book keeping, taxation, and cloud computing, virtual CFO and controllerships. GI has a presence in UK and India with offices in London, Delhi NCR, Ahmedabad, and corporate office in Mumbai and a pool of more than 200 finance and accounting professionals working diligently to provide impeccable service to valuable customers. GI Outsourcing today works with all the major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, CaseWare, Iris as well as many of the large ERP systems, such as Dynamics, SAP and Oracle.

For more information, please visit us at: www.gioutsourcing.com or email us at solutions@gioutsourcing.com. 

 "The above initiative will ensure a smoother experience and enhanced customer journey for MSC clients in India," said Liji Nowal, Director, ODeX.

Customers can make all imports invoice payments via ODeX Portal www.odexglobal.com and enjoy several benefits, such as:

• No follow ups on the payments to LINE

• Real time confirmation

• No waiting time

• No need to update UTR

And to top it all, this is a free service via ODeX for the MSC customers.

About ODeX

Founded in 2016, ODeX is India's Leading Online Platform for Shipping Documents Exchange & Payments Facilitation. It’s the Digital Gateway for (all stakeholders), enabling ease of transactions in EXIM Trade.

The services offered by ODeX to EXIM Trade are Electronic Invoices, Payments, Delivery Order, HBL, Shipping Bill, etc. ODeX has more than 20k organizations registered with 30k + users with a daily transaction of 15k+.

POS Billing

Key highlights of myBillBook POS Billing:

• Faster billing using keyboard shortcuts for searching & adding items, adding customer details, saving & printing invoices

• Simple to use billing interface which requires no formal training for salespersons

• Creating and editing multiple bills at the same time

• Barcode scanning, new barcode generation and printing which supports a variety of printers & configurations

• Automated inventory management directly from billing activities

• Business reporting across 20+ PDF & Excel reports

• Support for sending customised bulk promotional SMS to customers

• Affordable pricing compared to traditional solutions in the market

With all these industry-first features, myBillBook aims to simplify the problems that retail businesses face on a daily basis such as slower billing software, manual stock tracking, managing multiple outlets, etc. and provide an affordable POS billing solution.

Talking about the development FloBiz Founder & CTO, Rakesh Yadav, said, “We are very excited about the launch of POS Billing to extend the offerings of our flagship product myBillBook. We have always worked with a customer-first approach to bring technological solutions at an affordable price to digitise and streamline the day-to-day operations of SMBs. With POS Billing, retailers and franchises will now be able to reduce time, improve efficiency and experience a seamless way of billing & inventory management at storefronts. We will continue to develop more features and products to enhance digital capabilities which can help businesses in their growth journeys.”

Sushmita Rawat, Director of Products, FloBiz said, “While our myBillBook app works delightfully for a variety of businesses, there were continuous requests for POS Billing from retail businesses which paved the way for its development. We conducted extensive research across several categories like FMCG, grocery, F&B and fashion and discovered that saving time at counters during checkout requires a quick, seamless and robust solution that can be plug-and-play, with practically no need of training. From scanning items, generating invoices and maintaining inventory to business reporting and staff management, myBillBook POS Billing has been meticulously designed to cater to all the pressing needs of Indian retailers & franchise businesses.”

"myBillBook POS is just the right billing software for my grocery business. It's really fast and it's so easy to use that my staff learned to use it within a few minutes. The support for unlimited barcode generation and printing of barcodes & invoices is really the best part about myBillBook POS. I'm saving time while handling a rush of customers. I recommend all retailers in India to use myBillBook POS,” said Mahadev Jadhav, Owner of Ewish India Pvt. Ltd., who runs a grocery delivery business in Bangalore.

Launched in January 2020, myBillBook is India’s leading GST Billing & Accounting Software available on both Android & Desktop. It helps SMBs record sales, purchases and expenses which automates inventory maintenance, receivable/ payable tracking and business reporting. It has grown rapidly to the scale of over 12 lakh monthly active businesses that record trades worth INR 8000 Cr every month.

About myBillBook

myBillBook has been designed to aid SMB business owners to run their operations from anywhere & anytime. It is available on both mobile & desktop and provides a secure platform for business owners to record transactions & track business performance on the go. It is an ideal software for GST registered businesses where invoicing is one of the core business activities. Also, businesses looking to digitise their operations to understand their financial position better can use this product. It helps them create bills (GST & non-GST), record purchases & expenses, maintain stock and manage payables/ receivables directly from their mobile phones or computers. Also, the app generates 20+ critical business reports that help owners make effective business decisions. myBillBook is currently available in English, Hindi, Gujarati & Tamil. It has been downloaded by 6 Mn+ businesses and enjoys the trust and confidence of more than 1.2 Mn monthly users who generate trade worth Rs. 8000 Cr every month.

About FloBiz

FloBiz is a neobank for small & medium businesses that aims to accelerate the growth of their enterprises through technology. Founded in 2019 by IIT & BITS alumni, FloBiz is a fintech backed by renowned investors like Sequoia Capital India, Elevation Capital, Greenoaks Capital, Beenext and Think Investments. The startup is chasing the mission of digitisation to contribute to the building of an Aatmnirbhar Bharat by solving the most pressing problems of the Indian SMB sector. FloBiz launched its flagship product, myBillBook, in early 2020, and it has become one of the highest rated business apps in India on the Google Play Store.

Artist Management Programme – SURGE to give a big boost to Indie Music in the country

Commenting on the launch of SURGE, Sunil Khanna, Founder of Songdew said, “Music scenario in India is going through a structural change – On one hand the role of music in films is reducing and on the other hand large numbers of talented artists in India are creating outstanding music in various genres. At this point of time artists need support so that they realise their full potential. The launch of SURGE is in line with our strategic objective to support and amplify #PureUncorruptedMusic."

As part of SURGE, select artists will get support in managing their social media, helping them plan launch campaigns, amplification of their music on FM Fever, Radio One, Songdew TV and on the other digital assets of HTML and Songdew. Besides this the dedicated artist management team would help them get revenue generating opportunities. 

Neeraj Saraswat, Business Head Fever FM said, “We have been experiencing huge traction for indie music for some time, and this initiative would help select artists to take their music to the masses. We are launching this initiative in partnership with Songdew and have selected three exciting talents as part of this programme. We shall be adding more artists to this programme over a period of time.”

The three artists who have been selected after a very exhaustive process of scrutiny include Pune based band Fiddlecraft, Singer & Songwriter Harpreet from Mumbai and The Tapi Project from Surat.

“This has been a big moment for us to be part of SURGE. We are extremely delighted to see two major stakeholders in the music industry coming together to support us”, said Gaurav Kadu of Fiddlecraft. “This is destiny changing moment for us, we are humbled that HT Media and Songdew believed in our talent.” commented Yogi, the guitarist and composer of band The Tapi Project. “I am excited to be part of this initiative. It is great to see that finally organisations like Songdew and HT are supporting indie music in true sense,” said Harpreet.

“The selection of the artists for the programme has been a very meticulous and challenging process especially keeping in mind that there is so much talent in the country. As the objective of the programme is not merely to manage an artist but also help them become the next music sensation, we tracked the journey of these artists over a period of more than a year to finally decide on the first three artists to be part of the programme. We jointly with HT Media will keep on tracking the journey of other talented artists as well and add more talent as part of this programme in future,” said Sunil Khanna of Songdew.

Ramesh Menon, CEO – Radio and Entertainment, HT Media Ltd. and Next Mediaworks Ltd. said, "We are simply amazed with the talent of these artists. As our mission is to bring best music to our audience, we are excited to bring the music of these very talented artists to millions of our listeners through our leading brands FM Fever, Radio One, Punjabi Fever & Radio Nasha alongside our digital assets. With SURGE programme, we have set ourselves on a continuing journey to find indie artistes and offer them the right platform to do grow.”

With its latest initiative, HT Media and Songdew have taken another big leap to support India’s high-potential musical community and contributed in the ‘Future of Indian Music’.

About HTML

Hindustan Times is one of India's leading news brands acclaimed for consistently delivering credible content via its print & digital platforms. It is the trusted choice of over 8 Mn. print readers & 93 Mn. digital users for accessing Clear & Credible news anytime, anywhere. The all-new Hindustan Times is a contemporary news brand well poised for the digital age. Readers turn to it for their daily dose of news, in-depth analysis & insights and entertainment. The Fever Network (operated by HT Media Ltd.) comprises of four distinct radio stations – Fever FM, Radio Nasha, Punjabi Fever and Radio One. While Fever FM and Radio Nasha are leaders in the Hindi Contemporary Hit Radio (CHR) and Retro Bollywood space respectively, Radio One is a pioneer in the International format. Punjabi Fever is recently launched and is the first and only Punjabi station in Delhi/ NCR.

About Songdew

Songdew is a new age music company. Its offering Songdew.com is the largest network of musicians in the country. More than 50K+ outstanding musicians distribute, promote and monetise their music through Songdew.com. Songdew TV, a 24x7 TV service showcases best of #PureUncorruptedMusic and reaches more than 200 M HHs through prominent DTH, Cable and OTT platforms.

Manoj Bajpayee the brand ambassador for myBillbook and Rahul Raj, Founder & CEO, FloBiz​
 

FloBiz will release a set of ad films, the first of which launched on 24th Oct 2021, featuring Manoj as a businessman with satirical takes on the day-to-day problems that business owners face while running their enterprises, particularly invoicing, collection of pending receivables and inventory management. The ‘Business Ko Le Seriously’ campaign highlights how digital solutions can improve performance and power growth in a small business. Created by Tilt Brand Solutions, the campaign will go live across several media platforms, including OTT, TV, OOH, social media, websites and mobile applications.
 

Commenting on the association, the renowned Bollywood actor said, “Most of the products and services we consume daily are offered by small and medium businesses in our country. However, these SMBs have been historically underserved when it comes to dedicated digital tools and financial services. And so, I was personally very impressed with FloBiz’s mission to accelerate the growth of SMBs by providing technological solutions and curated services via their product myBillBook. Especially after the COVID-19 pandemic, the need to go digital is paramount for businesses, and myBillBook is easily one of the most suited applications to cater to this need.”

“When the FloBiz team approached me with their ‘Business Ko Le Seriously’ campaign idea, it piqued my interest instantly. The scripts were witty and funny, the production team was reputable, and the company’s mission was sincere. I’m glad to partner with them in promoting their brand,” he added.

“The ‘Business Ko Le Seriously’ campaign is our first step towards creating a relatable and trustworthy brand for myBillBook, targeting ambitious business owners across the country. We’re extremely thrilled to join hands with Mr. Manoj Bajpayee to communicate our mission and the product’s value propositions to the small business community over the next one year."
 

"Manoj’s universal charisma and mass appeal, coupled with the inspiring story of his journey from a humble beginning to critically acclaimed fame, is sure to resonate with the SMBs. The team thoroughly enjoyed working with the incredibly talented artist, who brings such passion and conviction to his work,” said Rahul Raj, Co-founder and CEO of FloBiz.
 

Link to the ad campaign: www.youtube.com/watch?v=IDJlLZfYKj8

Shriram Iyer, Co-founder and Chief Creative Officer of Tilt Brand Solutions, said, “The FloBiz team was very clear about the brief right at the outset. As a brand, they genuinely believe in the power of SMBs and their impact on our economy. However, while these business owners have big ambitions and strong drive, they lack the necessary technological tools that are otherwise available to bigger companies and corporations. This led us to realise that what the SMB owners need is a nudge in the right direction to propel their businesses by adopting a powerful software like myBillBook."
 

"In our series of three films featuring Manoj Bajpayee, we arrived at an articulation to launch the maiden campaign for myBillBook with ‘Business Ko Le Seriously’ as the core theme. Having a stalwart like Manoj on our side, we wanted to ensure that we utilise his inimitable sarcastic self that we know him for. We wanted to tell our audience that it’s no joke to run a business and that to grow the scale of business operations, SMB owners and entrepreneurs must adopt myBillBook to actualise the full potential of their enterprises successfully.”
 

Since its launch in January 2020, myBillBook has been downloaded by over 6 million businesses to digitise invoicing, streamline bookkeeping and automate workflows. This simple yet elegant business software has become the companion of choice for business owners, with more than a million monthly active users who record over $1.1 billion worth of transactions on myBillBook every month. The fast-paced growth trajectory of FloBiz has resulted in two back-to-back fundraises for the company this year - $31 million Series B led by Sequoia Capital India and US-based Think Investments in September 2021 and $10 million Series A led by Elevation Capital and existing investors in March 2021. The company is also looking to triple its engineering, product and data teams within the next six months as it continues to develop and introduce more features on myBillBook.
 

All the ad films featuring Manoj Bajpayee will also be released on all the social handles of FloBiz & myBillBook.
 

About FloBiz

FloBiz is a neobank for small & medium businesses that aims to accelerate the growth of their enterprises through technology. Founded in 2019 by IIT & BITS alumni, FloBiz is a fintech backed by renowned investors like Sequoia Capital India, Elevation Capital, Greenoaks Capital, Beenext and Think Investments. The startup is chasing the mission of digitisation to contribute to the building of an Aatmnirbhar Bharat by solving the most pressing problems of the Indian SMB sector. FloBiz launched its flagship product, myBillBook, in early 2020, and it has become one of the highest rated business apps in India on the Google Play Store.
 

About myBillBook

myBillBook has been designed to aid SMB owners to run their operations from anywhere & anytime. It is available on both mobile & desktop and provides a secure platform for business owners to record transactions & track business performance on the go. It is an ideal software for GST registered businesses where invoicing is one of the core business activities. Also, businesses looking to digitise their operations to understand their financial position better can use this software. It helps them create bills (GST & non-GST), record purchases & expenses, maintain stock and manage payables/receivables directly from their mobile phones or computers. Also, the app generates critical business reports that help business owners make effective business decisions. myBillBook is currently available in English, Hindi, Gujarati & Tamil. 

“India’s tax digitization wave combined with tighter government norms has led to an increased need for technology tools that can manage tax compliance,” said Archit Gupta, CEO and Co-founder, Clear. “Clear GST helps businesses automate return filing with the highest level of accuracy by providing what is needed to maintain GST compliance, manage reconciliation, and optimise input tax credit at scale.”

Clear for GST provides finance and taxation compliance teams with a platform to automate GST return filing with the highest level of accuracy, especially when dealing with multiple goods and service tax identification numbers and a large number of invoices. With the Clear for NetSuite SuiteApp, documents are automatically transferred from NetSuite to Clear for preparation and filing of GST returns. Businesses can also create GST compliant electronic bills and invoices at scale.

“Managing the tax compliance process can be time intensive and cumbersome for any organization,” said Guido Haarmans, Vice President, SuiteCloud Developer Network and Partner Programs, Oracle NetSuite. “This new SuiteApp extends our robust solution for tax compliance and can help NetSuite customers to become more efficient in managing GST compliance through increased automation and accuracy.”

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides partners with the information, resources, and methodology required to help them verify that their applications and integrations meet NetSuite standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps, like Clear GST, have been built to meet these standards.

For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite.

For more information about the integrated solution, please visit www.suiteapp.com. 

About SuiteCloud

Oracle NetSuite’s SuiteCloud platform is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry's leading provider of cloud-based financials/ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built to extend the power of NetSuite.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available and approved SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. 

For more information on SuiteCloud and the SDN program,

please visit www.netsuite.com/portal/developers/overview.shtml.

About Clear

Clear is India’s leading Fintech SaaS company with the mission of simplifying finances for Indian businesses and individuals. We are trusted by over 5 million Indian Taxpayers, more than 1,00,000 tax practitioners, 6,00,000 small businesses and 3,000 large businesses and brands. For small and large businesses, our product suite covers invoicing, GST, range of managed services and credit. For tax professionals, we offer comprehensive GST compliance, ITR and TDS filing solutions. For individuals, we offer tax compliance and wealth management.

Clear has raised $65 Million in equity capital investment since its inception. The company was incubated in Y Combinator and is funded by Silicon Valley investors, including PayPal Co-founders Peter Thiel’s Founders Fund, Max Levchin, and Scott Banister. Clear’s investors include Composite Capital, Sequoia Capital, and SAIF Partners.

Vikas Chadha - MD, GI Outsourcing

The launch embarks the beginning of GI Outsourcing’s expansion plans to regions beyond Mumbai. The outsourcing company plans to create a strong funnel of talented accountants, managers, and leaders while aiming to double itself in terms of size and revenues over the next couple of years.

The Outsourcing company’s growth plans are backed by strong people-centric policies which offer upskills sessions on a timely basis. GI academy here plays a key role in designing performance-led training programs & compensation policies. This makes GI Outsourcing an employer of choice. Through this expansion, the company also plans to increase its strength in terms of recruits. 

Commenting on the expansion, Vikas Chadha, Managing Director, GI Outsourcing said, “The times have been very challenging owing to COVID-19 led crises. During the last 18 months, we have focused on developing strategies that will be beneficial for the brand in the longer run. It is indeed a matter of pride that we are expanding in such tough times. There has always been a dearth of accounting professionals with experience working with KPO and Outsourcing. New Delhi and northern India region holds tremendous growth potential in accounts outsourcing space. GI Outsourcing understands the value of this immense talent and importance of Delhi NCR as a mine for great accounts outsourcing opportunities and talent pool. We wish to attract this talent pool, give them excellent exposure and opportunity to work, grow & evolve with us.”

“We are very ambitious in our growth plans and are working on three pronged approach by increasing our service lines and offerings, by adding high-value products, followed by offering cloud accounting and finally foraying into new geographical boundaries such as United States, Canada, Australia, Singapore, etc,” he added.

GI expansion plan will be home for the many accounting professionals who are looking out for the right kind of opportunities. With the rich talent pool, Delhi NCR has emerged as one of the most sought destinations after for accounting outsourcing business. Working with GI Outsourcing, provides incredible exposure to their employees, and transform into excellent advisors about matters other than bookkeeping i.e. about accounting software, taxation or even financial planning which is a value added advantage for the organisation or start-ups availing such services.

The GI office is strategically located at Connaught Place which is the heart of the business hub of Delhi NCR which makes it easily accessible for the employees.

The company has been recognized with several accolades such as Dream Company to work with & being Best in Class in Operational Excellence and Quality at the World HRD Congress and the “Udyog Bharati “award in the Indian Achiever’s Forum.

GI Outsourcing truly believes in the importance of enhancing the skills of its employees to pave way for a brighter future. To fulfil this purpose, the company has set up GI Academy, an in-house niche learning academy that provides world-class, dynamic structured training program that covers wide range of training courses including UK accounting and technical skills, and access to external professional qualifications through the blend of classroom and online training.

Deftly designed, the program also focusses on innovation and advancement in technology and in this endeavour enhances the skills of their employees pertaining to major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, CaseWare, Iris as well as many of the large ERP systems, such as Dynamics, SAP and Oracle.

Based in the United Kingdom, GI Outsourcing has been functioning for more than two decades providing exclusively innovation solutions to accounting and business owners. It is known to be amongst the top 10 accounting outsourcing brands in India and works with more than 200 accounting firms. The brand will further continue to move towards venturing into other untapped markets across India. 

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide range of industry experts and accounting specialists to fill in the gaps and help business transform unprofitable clients into profitable ones. With over 20 years of experience, they are one of the most trusted leading financial services & accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management accounting, Bookkeeping, taxation, and cloud computing, virtual CFO and controllerships. GI has a presence in India and UK with offices in Mumbai and London and a pool of nearly 200 finance and accounting professionals working diligently to provide impeccable service to valuable customers. GI Outsourcing today works with all the major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, CaseWare, Iris as well as many of the large ERP systems, such as Dynamics, SAP and Oracle.

For more information, please visit us at: (www.gioutsourcing.com) or email us at solutions@gioutsourcing.com.

My Finance Wellness (MFW), the first FinEduTech brand in the country, has recently launched its mobile application for MSME and other nano, tiny entrepreneurs in the country. The app helps the trading and manufacturing community in understanding complex financial concepts in a very simple manner and educating them through short videos and games. Their robotic led easy navigation to the Micro Accounting Platform makes life hassle-free for the micro-enterprises.

My Finance Wellness launch event

Speaking on the launch occasion, Co-founder and CEO Madhu Kiran said, “At My Finance Wellness we educate and empower both individuals and entrepreneurs on various aspects of personal and business finance. This helps in making informed and effective money related decisions. At MFW our exclusive services will help people overcome these very challenges in a structured and organic way. We are putting all our efforts to empower the MSME sector in India in line with Atamanirbhar Bharat initiative. Our online financial health assessment tool is exclusively made for the entrepreneurs in our country. This tool will enable entrepreneurs to understand their current financial status across few key areas. Following are the features of our mobile app for enterprises.”

• Financial Health Assessment for Business - This tool will enable entrepreneurs to understand their current financial status across four areas, such as survival & stability, financial management, access to finance and business compliance.

• Financial and Business Education - Micro entrepreneurs can learn complex finance and business education topics in simple and easy to understand videos and infographics.

• Micro Accounting Platform - The robust micro accounting application in the back end maintains the ledgers, provide trial balance & balance sheet view of the enterprises.

• Hani Hani Money - A structured daily savings plan to save and accumulate money easily.

• Financial Quiz - Check and improve financial knowledge with the help of financial quizzes

• EMI Calculators - Micro entrepreneurs need not browse multiple websites for calculating the interest rates and monthly repayments. All required EMI calculators are in one place within the app.

• Simple Personal Finance Rules - Important personal finance rules to be checked before taking up savings, investments plans

• Goal Setting and Follow up - Micro entrepreneurs shall set their goals and get guidance from our team to achieve them

• Financial Mentoring - Micro entrepreneurs will get necessary mentoring and support from our financial experts

MFW’s flagship products include subscription-based Retail Model for individual customers and Enterprises Model for small entrepreneurs on financial planning & accounting management. The enterprise mobile application is launched today, and I strongly believe that it will help millions of micro-enterprises across the country to become more formalized and eligible for banking services.

Vincent Arokianathan, Co-founder and COO said, “The MSMEs are the bedrock of our societies. India has close to 7 crores micro enterprises across manufacturing, trading & service sector. Around 34% of the overall GDP contributions come from MSME sector. However, for the last two years MSMEs have seen dip in their growth and stalled the production to alarming levels. During these hard times MFW stands along with the Indian enterprises in their speedy recovery. Keeping that in mind, today we are introducing our flagship product which is Made in India and Made for India.”

He added, “We are a team of senior management professionals from diverse backgrounds and with a rich collective experience of 100+ years in India & abroad. Currently the company is funded by the founding group and HNIs. We are planning to go for the next rounds of funding to expand our operations across India, Europe, Middle East, and Africa. We aspire to reach out to 6 million customers in the next 5 years.”

My Finance Wellness is a brand of Indcamb Solutions Pvt. Ltd., with a vision to transform lives through financial wellness. They educate people through “unbiased financial wellness workshops” and provides “quick financial health assessment” to understand one’s financial health. Through the subscription based “one on one financial mentoring” they provide comprehensive financial planning and guidance on personal and business finance aspects. The company is headquartered in Bangalore and planning to expand their operations across India.

For more details, please visit www.myfinancewellness.com.

Vikas Chadha, MD, GI Outsourcing Won Udyog Bharati Award 2021

With this award, GI Outstanding creates another benchmark in the global accounts outsourcing industry. The brand is known for its incredible work for more than two decades. Its achievements are completely based on its ideology and commitment to offer the most innovative solutions through a work culture driven by positivity. The company firmly believes in maintaining a balance between conducting business and fulfilling Corporate Social Responsibilities in all possible ways. 

The company works towards achieving operational excellence by empowering staff with the liberty to make planned decisions by creating goal-oriented personalised paths. The work culture, therefore, encourages productivity and leads to better performance. 

Commenting on the achievement Mr. Vikas Chadha, Managing Director, GI Outsourcing said, “This is indeed a milestone that we have earned. Our initiative to build the brand GI Outsourcing has always been done keeping in mind the growth of our nation. The growth of our business is worth it if the society we are a part of grows. We therefore firmly believe in the integration of business with those of our employee values. Understanding the pulse of our workforce while committing to offer the most innovative account outsourcing solutions has been the recipe for our success. We are happy to have won this award and are looking forward to continuing with our efforts.”

The COVID-19 led Pandemic did pose some major challenges in the functioning of business initially. However, the new-normal practices followed by GI Outsourcing ensured to maintain its bar of client satisfaction. While taking relevant steps to safeguard employee’s health, the company ensured to have procedures and practices in place for employee well-being along with offering continued uninterrupted business functioning.

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide-range of industry experts and accounting specialists to fill in the gaps and help business transform unprofitable clients into profitable ones. With over 20 years of experience, they are one of the most trusted leading Financial services & accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management accounting, Bookkeeping, taxation, and cloud computing, virtual CFO and controllerships. GI have a presence in India and UK with offices in Mumbai and London and a pool of nearly 200 finance and accounting professionals working diligently to provide impeccable service to valuable customers.

 For more information, please visit us at www.gioutsourcing.com or email us at solutions@gioutsourcing.com.

GI has a quality management system system that documents processes, procedures, and responsibilities for achieving quality policies and objectives. It helps us meet the customer and regulatory requirements and implement continuous improvement process. The company has acquired ISO standards for QMS after undergoing an extensive audit process by The British Standards Institution.

The company has Re-invented its SOP’s to focus on business excellence and customer delight. Several technology lead reports have been introduced by the company for monitoring capacity and ensuring work and resource allocation which are in sync to provide high quality output in line with any leading UK accounting practice. 

Vikas Chadha - Managing Director, GI Outsourcing

“The pandemic posed ultimate test of resilience for business organizations globally,” said Vikas Chadha, Managing Director, GI Outsourcing. “Operational excellence is powerful combination of systematic management of operations coupled with customer and employee driven culture. At GI, we ensure Process Excellence by identifying Process gaps and improvements opportunities. We are delighted that GI’s relentless pursuit of business excellence, enabled us to deliver disruptive solutions for business-critical activities for our customers during the time of crisis.”

GI has completed projects on SOP documentation and reducing time spent on asking internal queries by defining and designing an FAQ knowledgebase portal. The company also conducts Information security awareness sessions for all the employees at GI including Management on half-yearly basis. Their QMS and ISMS objectives are aligned to the ISO standards and company objectives.

Striving to achieve high customer satisfaction score, the company has introduced Net Promoter Score this year. It’s a periodic activity with an aim to understand brand loyalty from all GI client database by using online platforms to publish these surveys.  

While operational excellence empowers the GI workforce, it also enables the company to enhance efficiency. The company witnessed an upward trend in overall productivity and efficiency in the process since Sep-20. 

Focused on continuous innovation and advancement in technology, GI Outsourcing today works with all the major cloud accounting software suppliers, including Xero, Sage, QuickBooks, CCH, Caseware, Iris as well as many of the large ERP systems, such as Dynamics, SAP and Oracle.

GI Outsourcing, an ISO 9001 quality management system accredited firm, has received several prestigious accolades, including British Accountancy Awards and 2020 Innovation Awards. GI’s clear focus on understanding client's unique needs, value-creating innovation and empowering clients by helping them develop more agile, adaptive ways of working makes them unique and preferred partner for leading organizations globally.

About GI Outsourcing

Based in the UK, GI is an outstanding outsourcing solution for accountants and business owners. Drawing from a wide-range of industry experts and accounting specialists to fill in the gaps and help business transform unprofitable clients into profitable ones. With over 20 years of experience, they are one of the most trusted  leading Financial services & accountancy firms to deliver the highest quality of work, on time, every time. They provide all aspects of financial services including Management accounting, Book keeping, taxation, and cloud computing, virtual CFO and controllerships. GI has a presence in India and UK with offices in Mumbai and London and a pool of nearly 200 finance and accounting professionals working diligently to provide impeccable service to valuable customers.

For more information, please visit us at: www.gioutsourcing.com or email us at solutions@gioutsourcing.com

• JJ Tax App reduces silver membership cost to Rs. 499

• Team gears up to launch affordable education with JoJo Edtech

JJ Tax App, India’s first chat-based tax App, was launched on May 26, 2020 with a focus on simplifying, streamlining and offering convenient tax solutions to all individuals. Within just 1 year of launching the app, this ambitious team of millennials has revolutionized the way the country approaches taxation.

From Left to Right: Bhavya Mittal (Creative Director), CA J. Jambukeswaran (Founder), CA Rashi Bajpai (Chief Operating Officer) & Ritika Agrawal (Marketing Head)

Key wins in the past 1 year

Today, this team is handling more than 100 chats each day and providing free advice to all members. In the past 8 month, more than 1 lakh members were added on a monthly basis, which resulted in attaining the phenomenal milestone of 8,50,000 members within just a year of launch. This massive number of downloads is unprecedented for a tax app, especially during times of the pandemic.

When asked about the secret behind the team’s stupendous success, Executive Director - Leesha Arya said, “We have recruited enthusiastic individuals who believe in our dream, and we ensure that our staff grows with us. A case in point is Ritika Agrawal, our Marketing Head, who is all set to be promoted as the Chief Marketing Officer. As a startup that believes in fulfilling the most impossible dreams, we reward hard-work with disproportionate growth.”

Coincidentally, majority of the JJ Tax App staff and senior leadership are women. The team relies on in-house marketing initiatives, spearheaded by Ritika Agrawal and Bhavya Mittal, who is the Creative Director.

Challenges due to COVID-19

The team had received a commitment of INR 100 million from a Singapore-based company. However, the second wave of COVID-19 resulted in a delay, and these funds are now expected in September 2021. This delay led to a cut in the team’s marketing budget, and they also had to defer the appointment of some of the tax experts.

From Left to Right: CA Rashi Bajpai (Chief Operating Officer) & Ritika Agrawal (Marketing Head)

Speaking about the challenges faced by the team, Chief Operating Officer - Rashi Bajpai said, “Even last year, when the pandemic threw challenges at us, we turned those into opportunities, and this is what we plan to do this year as well. We are already having discussions with angel investors and VC funds in India, for raising an amount of INR 50 million. These funds will be utilised for our marketing campaigns, for upscaling our staff requirements and to launch the app in multiple languages with chatbot services. We definitely plan to emerge stronger, and I am thankful for the patience our team has shown during these tough times.”

New goals for the triumphant team

After bringing their original idea of simplifying taxation, JJ Tax App plans to target paid memberships for increased growth in revenues. After receiving an overwhelming response to their membership plans, the team has decided to slash the silver membership cost from Rs. 799 to Rs. 499. These prices will be inclusive of the charges for filing IT returns. The team believes this will add more millennial members and help them grow their paid membership base.

The initial success of this App has impelled the team to launch students’ app, named JoJo Edtech, which would be a one-stop solution for education of Commerce, Accounts, Tax and related subjects, with quiz and chat options. Under the able guidance of Chief Advisor and Director - CA J Jambukeswaran, the team hopes to bring affordable education for all, at the fingertips of those who need it the most. Jojo Edtech will have all commerce related subjects, starting from Standard 11 in school to CA/CPA courses. Apart from the academics, the team plans to provide students with comics and short films to make learning easy and fun.

Since the launch of this App last year, the team has had a successful stint, which they plan to continue by bringing their ambitious plans to life in this year. With such a young team of millennials, this team has certainly scripted history within a very short span of time.

Tickmarks, the leading accounting service provider in the USA, has been implementing cloud-based technologies like Azure/AWS to offer smooth and reliable virtual bookkeeping services for small and medium-sized businesses. By enabling virtual accounting and bookkeeping services, Tickmarks hopes to provide organizations with more time for things that matter the most. The company feels that business owners must focus more on the business challenges to seize many new opportunities. "Our end-to-end virtual accounting and bookkeeping services aim to replace all traditional forms of paper-based bookkeeping by transferring all functions into cloud-based systems. This will provide a high-level scalable, reliable, and accessible platform for our clients," said an accountant from the company. "We aim to help thousands of small and medium-sized businesses to spend less time on accounting.” Those who are interested to know more about their services can click the website link given below.

www.tickmarks.net

The company has a skilled and professional team of accountants and compliance experts who spend time researching different technology to make bookkeeping as easy and smooth as possible. "We value open and direct communication and with our clients. All business information on financial performance and position is effectively communicated proactively in simple and plain English. Clear communication empowers business owners to make data-driven decisions that will boost the business performance,ectors," said a spokesperson.

The company has been able to tap the right technology for the job to provide services that are scalable to address your growing businesses and accounting needs. The technology has enabled them to take on more responsibilities and adapt to different needs as their financial operation grows. Cloud-based technology will provide comprehensive data that is well connected and answers most of the business-related questions. "We help companies master compliances, finances and understand the challenges of managing the finances. Ours is a global shared service powered by unmatched technology that provides fast and accurate results. We will give you several different options of accounting software as that will help you choose the right one that matches your business needs." 

The company is aware the data security is important, and the cloud-based technology will help companies keep sensitive financial information confidential. "We use high-end technology to keep all customer-specific data 100% secure. Cloud-based technology helps us provide trustworthy and reliable services at all times. We customize and offer individual solutions for different sectors.", conveys a chartered accountant from the company. The company caters to all types of businesses worldwide and has clients ranging from small businesses to large enterprises. Their services will give you more time to make strategic decisions to address business challenges. "It is our mission to make online accounting more affordable. Cloud-based technology has enabled us to provide seamless end-to-end services that cater to all business needs. Companies will not have to hire, train or maintain in-house accountants, and it will help them save tons of money as virtual bookkeeping services offered by our company are affordable. We have a skilled and efficient team that will help you from the starting of our association. They will take the heavy lifting off your shoulders."

The Press Release is powered by Digital SEO, a leading web design and digital marketing services company in Chennai. Digital SEO is a pioneer in designing optimized websites and content to achieve company goals for business growth. They help companies form strategies to increase their online presence to increase their sales. 

About Tickmarks

Tickmarks is the leading virtual bookkeeping service in the USA, offering trustworthy accounting, bookkeeping, and advisory services that keep your plans and outputs first. The company is committed to your profit and growth. They have the accounting expertise to handle day-to-day accounting information. Their processes adhere to financial compliance and analytic proficiency to provide accurate financial services to maximize growth and profits. Tickmarks has been processing more than 33,800 invoices, 65000 expense reports, 300 invoices, and tested 3000 key controls every year. They also monitor more than 700 employees’ payroll every month.

For further information contact: www.tickmarks.net.