National News
Saurabh Gadgil launches JYPL 2025, JYPL Auction at a dazzling evening of celebration and competition
It was an evening of pomp and splendour at The White Resort and Spa Pawna, Lonavala to celebrate the launch of Jewellery Youth Premier League (JYPL) Season 8 and kick off the JYPL Auction. It was made all the more special with an icon of the jewellery industry, Dr. Saurabh Gadgil, CMD, PNG Jewellers, gracing the event with his distinguished presence. His heartfelt address at the launch encouraged and motivated the organizers and participating teams.The JYPL Auction was conducted on par with global sports auctions, providing a large dose of excitement and tension.
JYPL Season 8 will take place from March 5-9, 2025 at Central Railway Ground, Parel, Mumbai. The exciting tournament will see 260 players (all owners representing the jewellery industry) and 300+ companies associated with the industry. Over 2500 attendees are expected to catch all the action.
National News
GJEPC, BDB Hold Outreach Session On New Income Tax Regime
New Income-Tax Act, 2025 Introduces A Simpler, More Transparent, Technology-Driven and Taxpayer-Friendly Framework
GJEPC and Bharat Diamond Bourse (BDB) co-organised an outreach programme under the ‘Prarambh 2026’ initiative in Mumbai, on 8 May 2026. The programme focused on the Income-Tax Act, 2025 and Income Tax Rules, 2026, with emphasis on international taxation and transfer pricing.
Nirupama Kotru, IRS, Chief Commissioner of Income Tax (International Taxation & Transfer Pricing), Western Zone, Mumbai, attended as chief guest, while Mohit Jain, IRS, Chief Commissioner of Income Tax, Mumbai, was the guest of honour.
Senior officials from the department included Sanjay Deshmukh, Principal Commissioner of Income Tax (International Taxation); Alok Kumar, Commissioner of Income Tax (Transfer Pricing); Ramapriya Raghavan, Commissioner of Income Tax (Transfer Pricing); Nischay Samaiya, CIT-OSD; and Sanjeet Nair, Additional Commissioner of Income Tax.
The dignitaries were welcomed by Shaunak Parikh, Vice Chairman, GJEPC; Khushboo Ranawat, Western Regional Chairman, GJEPC; Mehul Shah, Vice President, BDB; Mittal Doshi, Convenor – BITC, GJEPC; and Bharat Ghori, Co-Convenor, MSME, GJEPC.
Addressing the gathering, Â Kotru said the new Income-tax Act, 2025 introduces a simpler, more transparent, technology-driven and taxpayer-friendly framework. She said the department launched outreach initiatives to strengthen engagement with taxpayers, encourage voluntary compliance, and build greater trust between industry and government.
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