Nanhaagyan Foundation to Host Third Annual Umeed Awards
Pune, India – August 7, 2024…
The Nanhaagyan Foundation is proud to announce the third installment of its annual Umeed Awards, a celebration of the extraordinary achievements of individuals with disabilities. The event will take place on August 10th from 10:00 AM to 1:00 PM at the Ishanya Symbiosis Auditorium in Viman Nagar, Pune.
Renowned social activist Padma Shri Murlikant Petkar, India’s first Paralympic gold medalist, will grace the occasion as the Chief Guest, embodying the spirit of resilience and excellence that the Umeed Awards seek to highlight.
In Association with Aulixo Clinic and Dr Pravin Dhole, a trusted provider of holistic care for individuals with Autism.
The Nanhaagyan Foundation will honor 50 exceptional awardees who have made significant contributions and demonstrated unwavering determination in overcoming challenges. Their inspiring stories serve as a testament to the boundless potential within each individual, regardless of their physical, intellectual, or neurological differences.
Mrs Romal Surana an Organiser, Founder Nanhaa Gyan Foundation shared, “The Umeed Awards are not just about recognition; they are about inspiring hope and showcasing the incredible strength of individuals who refuse to let their disabilities define them. We believe in a world where everyone’s unique abilities are celebrated and valued.”
The Umeed Awards are a reflection of the Nanhaagyan Foundation’s unwavering commitment to empowering individuals with disabilities. By recognizing their achievements, the foundation aims to foster an inclusive and supportive environment where everyone has the opportunity to thrive.
The community is invited to join the celebration and witness the transformative power of human resilience. Together, we can create a world where individuals with disabilities are celebrated for their unique abilities and contributions to society.
Event Details:
Date: August 10, 2024
Time: 10:00 AM to 1:00 PM
Venue: Ishanya Symbiosis Auditorium, Viman Nagar, Pune
ISB-JPMorgan Chase host Analytics Convergence Summit 2024
7th August, Hyderabad: The Analytics Convergence Summit 2024, organized jointly by the ISB Institute of Data Science (IIDS) and JPMorganChase, was held at the Indian School of Business (ISB) Hyderabad campus. The event gathered a diverse group of experts, industry leaders, and academics to explore the latest advancements in Analytics and Artificial Intelligence. Their expertise and enthusiasm energized the summit, fostering an atmosphere of innovation, collaboration, and idea exchange.
The summit provided a platform to delve into critical topics such as generative AI, industry adoption of AI, video analytics, and ecosystem intelligence etc. In his welcome speech, the Executive Director of IIDS emphasized the summit’s role in fostering collaboration and innovation within the data analytics community.
“The Analytics Convergence Summit stands as a pivotal event where academia meets industry, propelling discussions on data analytics and its transformative potential. Our aim is to drive forward the discourse and foster meaningful connections,” remarked, Prof. Manish Gangwar, the Executive Director of IIDS.
Subba Perepa, Managing Director, JPMorganChase, delivered the keynote address, offering insights into the future of data and its implications across various sectors.
“Data is not just about numbers; it’s about deriving actionable insights that can drive progress and innovation. We must look to harness this power effectively for future advancements,” stated Subba Perepa.
The summit featured engaging panel discussions and workshops on a range of topics. These included the exploration of generative AI innovations and their applications, the risks and responsibilities associated with industry adoption of AI, advancements in Video Analytics, and the role of Ecosystem Intelligence in shaping industry practices. Additionally, attendees participated in a hands-on workshop focused on the applications of generative AI.
The Analytics Convergence Summit 2024 provided a significant opportunity for networking, learning, and collaboration- reinforcing its role as a key event in the data science and analytics calendar.
PSC and Finjuris Host 13th Edition of Budget Talk 2024
New Delhi, 7th August 2024: PSC, a prominent firm of Chartered Accountants, in collaboration with Finjuris LLP, a full-service law firm, successfully conducted the highly anticipated Budget Talk 2024 at the India International Centre. This prestigious event, designed for high-ranking professionals, attracted an impressive audience including CEOs, CFOs, Director Generals, Senior Managers, Chartered Accountants, and Advocates from leading establishments such as Infogain Corporation, Bata India, Honda Motors, Oriflame India, Portronics, PVR Cinemas, Taj Hotels and many more.
The event featured distinguished guests Dr. Shiv Kumar Agrawal, Regional Coordinator-SACRP, Gautam Bhartiya, a veteran Chartered Accountant, Pushpendra Dixit, V.P. & Global Taxation Head, PVR Limited, Sachin Sinha, Partner, PSC, Prakash Sinha, Partner, Finjuris LLP, Prashaant Kumar, Associate Director, Womeki Group and many others. The discussion was centered on various critical aspects of the Union Budget 2024, including Benefits for the Agriculture Sector, Advancements for Women, Support for the Industry Sector and Strategies for the MSME Sector.
Prakash Sinha, Partner at Finjuris LLP, remarked, “Our focus was on several pivotal measures impacting everyday life. Notably, the new tax regime offers individuals enhanced benefits such as a higher standard deduction and increased fund contributions. A significant aspect is the TDS contribution under Section 192”.
“This annual budget seminar is an opportunity to review proposals and address our associates’ questions and concerns”, added CA Prakash Sinha.
Sachin Sinha, Partner at PSC, offered his evaluation, “We rate this budget around 8 to 8.5 out of 10. It’s a moderate budget, not overwhelmingly positive or negative. Some reductions observed may be detrimental to small investors.”
Dr. Shiv Kumar Agrawal praised the budget’s focus on agriculture, stating, “This budget is effective in advancing agricultural research, which will help bridge the gap between supply and demand for various commodities. With a significant portion allocated to agriculture and initiatives promoting gender balance, the budget addresses the needs of farmers and young entrepreneurs, enhancing production, creating value chains, and generating employment.”
Veteran CA Gautam Bhartiya highlighted the shift in investor mindset. “The message to the investor community is clear—earn first, then pay taxes. India is undergoing a revolutionary phase, evident in the stock market’s performance. This budget aligns well with this transformation.”
Prashaant Kumar, Associate Director, Womeki Group said “We are happy to support this knowledge session on the Union Budget 2024, which had gracious presence of professionals who delved into the current budget’s implications and explored its impact on our economy and communities. This event provided a vital platform for dialogue and understanding, and we are proud to support such an important discussion.”
The event concluded with a vote of thanks delivered by CA Vikas Kejriwal, Partner at PSC.
The Budget Talk 2024 was supported by Womeki Group and PR Partner Communication Casa and powered by Eventory.
GD Goenka University Pledges 1 Crore In Sports Scholarships If Neeraj Chopra Wins Gold
New Delhi, August 07, 2024: GD Goenka University, one of the distinguished educational institutions in India, is delighted to announce a remarkable Rs 1 crore in scholarships to students excelling in sports if the country’s iconic athlete, Neeraj Chopra, secures a gold medal in the Paris 2024 Olympics.
With the final of the Men’s javelin throw scheduled for August 08, 2024, all eyes are on India’s Golden Boy, Neeraj Chopra, to clinch a gold medal and make the nation proud again.
In view of this, GD Goenka University is ready to celebrate his success and support excellence in sports with an exceptional Rs 1 crore scholarship based on the sports achievement of students.
“At GD Goenka University, we are committed to celebrating and nurturing exceptional talent in every field. Our Rs 1 crore scholarship in honour of Neeraj Chopra’s potential gold medal win at the Paris 2024 Olympics reflects our dedication to supporting and inspiring the next generation of sports stars. By recognizing Neeraj’s remarkable achievements, we aim to encourage young athletes to pursue excellence and reach their full potential. We are thrilled to contribute to their journey and celebrate their success,” said Mr. Nipun Goenka, Managing Director, GD Goenka Group.
Moreover, GD Goenka University’s PhD scholar, Divya Jain, is at the Paris Olympics as part of the Indian athletics support team, underscoring the importance of mental health in sports. Her presence highlights the university’s commitment to holistic athlete support.
In addition to this unprecedented pledge, GD Goenka World School, Sohna is also hosting the prestigious Subroto Cup, delivering a significant platform for young athletes and students to demonstrate and share their passion for football.
New LTCG Tax Options Boost Real Estate Market
Anuj Puri, Chairman – ANAROCK Group
The government’s revised budget announcement allows taxpayers to pick between a 12.5% Long-Term Capital Gains (LTCG) tax rate without indexation and a 20% rate with indexation, for properties purchased before July 23, 2024. This will have a very profound impact on both homeowners and aspiring homebuyers.
Homeowners: This change gives homeowners flexibility in their tax liabilities when they sell their property. For properties held over a long period, where inflation has majorly raised the property’s value, opting for the 20% tax rate with indexation would be beneficial. Indexation adjusts the purchase price for inflation, potentially reducing the taxable gain and overall tax liability. For properties held for shorter periods or in low-inflation periods, the 12.5% rate sans indexation could be more beneficial and result in a lower tax burden.
Homebuyers: This revision can potentially stimulate the residential property market because it provides clarity and implies potential tax burden reduction. Homebuyers’ sentiment will improve as they have flexible options for addressing their future capital gains tax burden. This will result in higher demand, particularly in markets where property values have been seen to rise significantly.
Also, the anticipation of these changes can potentially cause some homeowners to sell properties sooner to benefit from the new tax regime. This will raise the overall supply of housing units available on the market, helping to keep prices in check.
As per ANAROCK Research, H1 2024 saw total sales of nearly 2.51 lakh units across the top 7 cities, 9% more than the same period last year (H1 2023). Given that Q2 2024 saw sales tapering due to the election heat and the increased prices across cities, the new tax imposed by the government in the budget was considered a dealbreaker for many. Now, with the government giving these options to the homebuyers, housing sales momentum will continue unimpeded.