Date: 30.09.2025
Time: 10:50 am to 12:00 pm

Venue: East Block, 2nd Floor, Room 208

SRM Institute of Science and Technology, Ramapuram Campus, Chennai

EVENT ORGANIZER: Dr.T.V.Ambuli

Head, Department of Commerce (General Shift I)

EVENT CONVENERS: Mrs U Karthigai Selvi Assistant Professor, Commerce, (General Shift1), Mrs L Monisha Assistant Professor, Commerce, (General Shift1)

SUMMARY OF THE EVENT:

The Department of Commerce, Faculty of Science and Humanities, SRM Institute of Science & Technology, Ramapuram Campus, organized a Guest Lecture on the topic “Recent Amendments in Indian Income Tax and Their Implications.”

The lecture was delivered by Mr. Haresh Ramaselvakumar, an alumnus of the 2017–2020 batch and currently serving as an Internal Auditor at Hinduja Leyland Finance.

The session was held on 30th September 2025 (Tuesday) from 10:30 AM to 11:30 AM at East Block, Room No. 209.

The speaker provided valuable insights into the latest changes in Indian income tax laws and explained their practical implications for businesses and individuals. The session enhanced participants’ understanding of contemporary tax practices and encouraged interactive discussions.

The event was well received by the students and faculty, offering them an opportunity to bridge academic learning with real-world tax regulations.

Takeaways:

The guest lecture provided the participants with an in-depth understanding of the recent amendments in the Indian Income Tax Act and their real-world implications. Students learned how the updated tax provisions impact individuals, salaried employees, and business entities, making them aware of the practical challenges and opportunities that arise from these changes.

The speaker emphasized the importance of compliance with tax regulations, highlighting the need for timely updates and accurate filing to avoid penalties. By sharing examples from his professional experience as an Internal Auditor at Hinduja Leyland Finance, Mr. Haresh illustrated how theoretical knowledge of taxation is applied in day-to-day financial decision-making within organizations.

The session also inspired students by offering insights into career opportunities in taxation, auditing, and finance, demonstrating the relevance of academic learning in shaping a professional path. The interactive discussions and Q&A segment further enhanced understanding by addressing specific queries raised by participants, making the session not only informative but also engaging. students with practical insights and a forward-looking perspective on taxation and compliance.

SUSTAINABLE DEVELOPMENT AND GROWTH MAPPING:

  • SDG 4 – By offering up-to-date knowledge on tax laws and practical applications, the lecture advanced the goals of SDG 4 (Quality Education). It gave students access to current and relevant information beyond textbooks, enhancing their academic foundation and preparing them for professional challenges in taxation, auditing, and financial management.
  • SDG 8 – The speaker’s insights on how taxation policies influence business decisions, investments, and employment linked the session to SDG 8 (Decent Work and Economic Growth). Participants understood how a fair and transparent tax system supports a stable economic environment, encourages entrepreneurship, and ultimately creates more equitable opportunities for work and growth.
  • SDG 9 – Discussion on the role of taxation in promoting innovation, funding infrastructure, and supporting businesses connected the lecture with SDG 9 (Industry, Innovation, and Infrastructure). Students were able to see how effective fiscal policies can accelerate industrial progress and innovation by providing the necessary resources and incentives.
  • SDG 11 – Finally, by highlighting how tax revenue supports sustainable urban development and public services, the session resonated with SDG 11 (Sustainable Cities and Communities). Participants learned that compliance and ethical financial practices not only strengthen institutions but also contribute to the creation of inclusive, resilient, and well-resourced cities and communities.