Bhubaneswar: The Bhubaneswar Chapter of the Institute of Cost Accountants of India (ICMAI), in association with the Tax Research Department (TRD) of the Institute, successfully organised an Outreach Programme on the New Income Tax Act, 2025, on Thursday at CMA Bhawan, Bhubaneswar.

The programme was part of a nationwide initiative spearheaded by the TRD under the guidance of the Direct Taxation Committee and the Task Force on the Income Tax Act, 2025, in collaboration with the Directorate of Training (DoT), CBDT.

The event was graced by CMA Abhay Kumar Behuria, Director (Finance), NALCO, as the Chief Guest. The programme was also graced by several distinguished Guests of Honour, including Saroj Mahapatra, IRS, Principal Commissioner of Income Tax; CMA Srikant Kumar Sahoo, Director (Finance), OPTCL; CMA Gagan Bihari Swain, Director (Finance), OPGCL; CMA Kshirod Chandra Nanda, Director (Finance), GRIDCO Ltd.; CMA Bibhuti Bhusan Nayak, Immediate Former President of ICMAI and Chairman of the Task Force on the Income Tax Act, 2025; and CMA Arati Ganguly, Chairperson, EIRC.

CMA Sarat Kumar Behera, Chairman of the Bhubaneswar Chapter, delivered the welcome address and highlighted the importance of the new tax regime in simplifying compliance and enhancing transparency.

The technical sessions were conducted by eminent professionals, including CMA Sudhansu Kumar Sahu and CMA Avinas Kotni, who provided in-depth insights into the provisions and implications of the New Income Tax Act, 2025.

The programme witnessed enthusiastic participation from professionals, students, and stakeholders, making it a meaningful platform for knowledge sharing and discussion on recent tax reforms.

The session concluded with a Vote of Thanks proposed by CMA Soumya Ranjan Jena, Secretary of the Bhubaneswar Chapter.