The Economic Affairs Committee of PHD Chamber of Commerce and Industry organized a Webinar on “Stimulating the Growth Trajectory of Indian Economy on 17^th December, 2020.

Our Managing Partner, Mr. Anil Kumar Chopra, who is the Chairman of Economic Affairs Committee-PHDCCI, organized the said webinar and gave his thoughts and suggestions at the said Webinar.

Shri Hardeep Singh Puri, Hon’ble Minister of State (Independent Charge), Ministry of Housing and Urban Affairs; Minister of State for Commerce & Industry; and Hon’ble Minister of Civil Aviation, Government of India graced the webinar as the Chief Guest

To watch his full address, here is the video:-

Our Firm organised a Webinar on “Impact of Covid-19 on Business Processes & Risk Management and Financial Reporting & Sustainability”

The Technical Session was moderated by our Joint Managing Partner – Mr. Dhruv Chopra and presented by senior professionals of our Firm.

Topics covered in the Webinar:-

• Issues pertaining to Financial Reporting: Highlighting aspects of Indian Accounting Standards (Ind AS) / Accounting Standards (AS) pertaining to financial instruments, valuation of inventory, borrowing cost-expenses vs. capitalisation, Impairment of assets including investments.
• Business Processes and Risk Management: Risk assessment for major impact areas and evaluating risk mitigation measures to ensure adequate processes, control, efficiency and cost optimization.
• Highlighting the necessity of evaluating Financial Sustainability of your business by reviewing your business plan, projections, cost structures, revenue models under different scenario due to a future marred by uncertainties.

The Webinar was well attended and appreciated by the audience.

To watch full recording of the webinar please click on the image below:-

We are pleased to inform that Direct Taxes Committee of PHD Chamber of Commerce organized a Webinar on “Covid-19 Impact on Direct Tax Liability” on 11.05.2020 wherein our Managing Partner, Mr. Anil Kumar Chopra who is Mentor of Direct Taxes Committee of PHD gave the theme address and various suggestions for providing relief from hardship and stimulus to the economy related to Income Tax.

To watch his full Address, Click on the link below:- https://youtu.be/Yh0zpDUHZJs

PHD Chamber of Commerce, a Principal Chamber of Commerce of India, recently organized a workshop on Taxation and Exemptions of Capital Gains including under Joint Development Agreements as well as on Taxation of Start-Ups.

The workshop was chaired by our Managing Partner Mr. Anil Kumar Chopra who is the Chairman of the Direct Tax Committee of the Chamber. The conference was addressed by eminent tax experts in the city and well attended by over 130 delegates including senior professionals and tax executives from major corporates.

PHD Chamber had organized an Annual Conference on “Tax Deduction At Source: Issues, Problems and Recent Developments” on Thursday, 9^th August, 2018 at PHD House, New Delhi. Our Managing Partner, Mr. Anil Kumar Chopra had chaired the conference as Chairman, Direct Tax Committee, PHD.

The conference aimed to promote an informed dialogue on important issues of TDS and focussed on interpretational issues, latest judicial pronouncements as well as procedural and practical issues encountered while filing returns and in assessments under the system

As part of our ongoing efforts to promote information and knowledge sharing at the firm a Knowledge sharing session on Wealth Management was organised for the entire team on 27^th July, 2018 at PHD House, New Delhi. Mr. Amit Saxena, Managing Partner Edelweiss Financial Services Limited was the key presenter and shared keen insights on the financial services industry in India. Senior officials from Edelweiss were addressed the session and interacted with all the participants’ along with Senior members of the leadership team.

As Chairman, Direct Taxes Committee of PHD Chambers of Commerce & Industry, our Managing Partner Mr. Anil K Chopra chaired the Direct Tax Session of the Post Budget Interactive Session on “Implications of Union Budget 2017” on Thursday, 7 February 2017

Mr. Sushil Chandra, Chairman CBDT and Mr. Rahul Lavasa, Finance secretary were among the guests of honor.

In his capacity as the Chairman, Direct Tax Committee, PHD Chamber, our Managing Partner, Mr. Anil Kumar Chopra was the Convener of the “PHD International Tax Conference. The Conference initiated an informed dialogue on important issues in taxation.

The conference aimed to promote an informed dialogue on important issues of TDS with a focus on interpretational issues, latest judicial pronouncements as well as procedural and practical issues encountered while filing returns and in assessments under the present system. The conference was attended by senior government officials as well as eminent tax experts from industry.

Mr. Anil Chopra chaired a Knowledge Sharing Seminar on “Facilitating Ease of Compliance with Taxpayers Rights & Obligations and Removal of Hardships.” The seminar was attended by Principal Chief Commissioner, Income Tax (Delhi), Ombudsman of Income Tax and other senior Tax Officials from the government. It addressed some important concerns & practical challenges faced by tax payers related to Direct Tax Assessments, Appeals, Refunds & Miscellaneous Matters.

Mr. Anil Chopra participated in a select meeting of industry and tax professionals at the invitation of Finance Minister , Mr. Arun Jaitley to discuss the Income Declaration Scheme 2016 in India. The Scheme, which is operational from June 1 to September 30, 2016, allows domestic black money holders to declare unaccounted income & wealth & come clean by paying a tax & penalty of 45%. Mr. Chopra shared his thoughts on & suggestions for the Scheme at this meeting.