Sowmya G & Associates

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🌍 An Inspiring Experience at SIRC Conference, Chennai 🌍On 22nd & 23rd August 2025, I had the privilege to attend the SIR...
30/08/2025

🌍 An Inspiring Experience at SIRC Conference, Chennai 🌍

On 22nd & 23rd August 2025, I had the privilege to attend the SIRC Conference at Chennai – a power-packed event that brought together professionals, thought leaders, and visionaries from across the accounting world.

One of the highlights was meeting and interacting with Ms. Taryn Rulton, Deputy President of the International Federation of Accountants (IFAC). πŸ’‘
Her insights on the global accounting profession were truly inspiring and gave a broader perspective on how our profession is evolving worldwide.

Seeing Ms. Taryn Rulton, Deputy President of IFAC, occupy such a powerful role reminded me of the growing strength of women in the accounting profession. 🌸

Equally enriching was the opportunity to network with fellow Chartered Accountants from different regions – sharing knowledge, experiences, and
building new professional connections.

Adding to the joy, I was also part of the Souvenir Committee β€” contributing in a small way to the success of this grand event. πŸ“

Grateful for this platform that not only strengthens our technical learning but also connects us to the larger global accounting community. πŸ™

🌟 Back to Where It All Began – Sivakasi 🌟Sivakasi has always been a special chapter in my journey. It is here that I had...
30/08/2025

🌟 Back to Where It All Began – Sivakasi 🌟

Sivakasi has always been a special chapter in my journey.
It is here that I had many firsts:
✨ First employment
✨ First time as faculty for GMCS orientation
✨ First time handling Costing classes
✨ My COP carried Sivakasi as my professional identity
✨ First to take CPE under β€œOther Branch” category

This time, I had the privilege of returning as a Speaker at a Half Day Seminar organized by ICAI Sivakasi Branch. 🎀

Topic: Are You Ready for Peer Review?

An insightful session on applicability, process, and preparation requirements.

What made the day even more memorable? 🌸 It was Janmastami – a day of new beginnings, just like the many that Sivakasi has gifted me throughout my career. πŸ™

Truly a blessed moment to add another milestone here. πŸ’™

✨ Peer Review: Demystified & Simplified ✨🎀 Had the privilege of presenting on Peer Review in front of a vibrant crowd of...
16/06/2025

✨ Peer Review: Demystified & Simplified ✨
🎀 Had the privilege of presenting on Peer Review in front of a vibrant crowd of 66+ professionals in a grand hall – and what an energizing session it turned out to be!

🧩 From decoding documentation requirements to sharing practical checklists and peer review readiness strategies – the session was filled with insights, interaction, and appreciation.

Grateful for the amazing response and the kind words on my presentation and the PPT slides.

The link for my PPT slides is shared https://www.canva.com/design/DAGpqFVx0lk/K3xNlhWulrOOpqtvtes4ZQ/view?utm_content=DAGpqFVx0lk&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=h78beb68dd7

🎀 Spoke. Shared. Inspired.I had the privilege of being invited as a guest speaker at MADITSSIA-BIC’s Awareness Program o...
09/06/2025

🎀 Spoke. Shared. Inspired.

I had the privilege of being invited as a guest speaker at MADITSSIA-BIC’s Awareness Program on Goods & Service Tax (GST) & Income Tax Returns (ITR) held on 6th June 2025.

It was an energizing session where I could simplify complex tax concepts for budding entrepreneurs, MSMEs, and first-time filers. The interaction, the curiosity, and the amazing turnout reaffirmed one thing: Tax awareness is empowerment.

Grateful to MADITSSIA for the opportunity and the warm response from the audience πŸ™
Let’s continue building a financially literate and compliant business ecosystem! πŸ’ΌπŸ“Š

πŸ“MADITSSIA Hall
πŸ“ž Special thanks to the team for the seamless coordination.

πŸ“’ Important Update for All Taxpayers!The Central Board of Direct Taxes (CBDT) has officially extended the due date for f...
28/05/2025

πŸ“’ Important Update for All Taxpayers!

The Central Board of Direct Taxes (CBDT) has officially extended the due date for filing Income Tax Returns (ITRs) for AY 2025-26 from 31st July 2025 to 15th September 2025.

πŸ”„ This extension comes in light of recent structural changes in ITR forms and system updates, ensuring smoother and more accurate filing for everyone.

πŸ—“οΈ New Due Date: 15th September 2025

πŸ’‘ Take advantage of this extra time to:
βœ… Gather necessary documents
βœ… Reconcile TDS credits
βœ… File your returns accurately and stress-free

πŸ“ž For a hassle-free ITR filing experience, get in touch with us today!

Sowmya G & Associates
🌐 www.casowmya.com

06/03/2025

🚨 Attention Business Owners! 🚨

Are you dealing with MSME-registered suppliers? If yes, then Section 43B(h) of the Income Tax Act, 1961 is something you CANNOT ignore! πŸ“’

πŸ’‘ What does it say?
βœ”οΈ Payments to MSMEs must be made within 45 days of the invoice date.
βœ”οΈ If not paid by March 31, 2025, the deduction for that expense will be allowed only in the year of actual payment.

βœ… Who is an MSME?
πŸ”Ή Micro: Investment up to β‚Ή2.5 Cr, Turnover up to β‚Ή10 Cr
πŸ”Ή Small: Investment up to β‚Ή25 Cr, Turnover up to β‚Ή100 Cr
πŸ”Ή Medium: Investment up to β‚Ή125 Cr, Turnover up to β‚Ή500 Cr

πŸš€ Timely payments = Smooth operations + Tax compliance + Goodwill with suppliers!

Don't let compliance slip through the cracksβ€”act now! πŸ’ΌπŸ“Š



πŸ” Want to know more? Visit πŸ‘‰ www.casowmya.com

✨ From a Shy Introvert to a Confident Speaker – My Toastmasters Journey! 🎀✨Today, I had the privilege of introducing Toa...
27/02/2025

✨ From a Shy Introvert to a Confident Speaker – My Toastmasters Journey! 🎀✨

Today, I had the privilege of introducing Toastmasters to the bright minds at Anbil Dharmalingam Agricultural College & Research Institute, TNAU, Tiruchirapalli. 🌱

I shared my own transformation – from a shy introvert who once hesitated to speak up, to confidently addressing a gathering. Toastmasters made this possible. It’s not just about public speaking; it’s about finding your voice, leading with confidence, and growing into the best version of yourself. πŸš€

Watching students resonate with this journey was truly fulfilling. If I could do it, anyone can – all it takes is the right platform and the willingness to step out of the comfort zone. Growth happens when you take that first step!

Grateful for this opportunity and excited to see more young leaders emerge. πŸ’‘

25/02/2025

If your tax liability exceeds β‚Ή10,000 in a financial year, you MUST pay Advance Taxβ€”or face interest under Sections 234B & 234C! 😱

πŸ”Ή Who needs to pay?
βœ… Salaried individuals with extra income (rent, capital gains, etc.)
βœ… Business owners & professionals
βœ… Freelancers earning above the threshold

πŸ”Ή Key Due Dates for FY 2024-25:
πŸ“… 15th June – 15% of total tax
πŸ“… 15th Sept – 45% of total tax
πŸ“… 15th Dec – 75% of total tax
πŸ“… 15th Mar – 100% of total tax

πŸ’» Pay online: www.incometax.gov.in
πŸ“Œ Avoid penalties & interest – Plan ahead!

Need help with tax planning? Let's connect!

πŸš€ Budget 2024 - Insights Unveiled at Maditssia! πŸš€Had an incredible experience presenting the Budget Highlights at Madits...
09/02/2025

πŸš€ Budget 2024 - Insights Unveiled at Maditssia! πŸš€

Had an incredible experience presenting the Budget Highlights at Maditssia Hall on 7th February in front of an engaging audience. Breaking down the numbers, decoding the policies, and discussing the impactβ€”what a fantastic session it was!

For those who missed it, I’m sharing my Budget Highlights PPT here. πŸ“ŠπŸ’‘ Whether you're a business owner, professional, or finance enthusiast, this will give you a crisp summary of the key takeaways. Please click ...

https://budget2025.my.canva.site/

Let’s connect, discuss, and decode the opportunities ahead! Drop your thoughts in the comments. ⬇️

🎀 Decoding Income Tax Updates – Union Budget 2025I am honored to share my insights on the Income Tax updates and reforms...
04/02/2025

🎀 Decoding Income Tax Updates – Union Budget 2025

I am honored to share my insights on the Income Tax updates and reforms introduced in the Union Budget 2025 at the session organized by Maditsia.

My talk will focus on:
πŸ”Ή Key changes in Income Tax policies
πŸ”Ή How these reforms impact individuals and businesses
πŸ”Ή Practical strategies to navigate these updates effectively

πŸ—“ Date: 7th February 2024
⏰ Time: 4:30 PM
πŸ“ Venue: Maditsia Hall

Join me as we break down the numbers and uncover actionable insights to align with the new budget. Let’s turn knowledge into opportunity!

🌟 Vision + Projections = A Winning Formula for 2025! 🌟As the new year approaches, it's the perfect time to dream big and...
30/12/2024

🌟 Vision + Projections = A Winning Formula for 2025! 🌟

As the new year approaches, it's the perfect time to dream big and back those dreams with a solid plan. While vision boards ignite your imagination and keep your goals in sight, preparing your financial projections are the practical backbone that make them achievable.

Here’s why preparing financial projections along with a vision board is a game-changer:
βœ… They turn dreams into numbersβ€”giving you a clear, measurable path.
βœ… They help you stay focused on milestones and timelines.
βœ… They allow you to evaluate progress and adjust strategies when needed.
As I plan for 2025, I’m blending creativity with strategy: dreaming big with my vision board and quantifying those dreams in numbers.

After all, dreams need deadlines to come alive!

What’s your game plan for 2025? Let’s set, project, and inspire each other! πŸ’ΌπŸ“Š

Signing Off as President of Toastmasters Club of Madurai – A Memorable Journey! 🌟As 2024 comes to an end, I’m reflecting...
30/12/2024

Signing Off as President of Toastmasters Club of Madurai – A Memorable Journey! 🌟

As 2024 comes to an end, I’m reflecting on my journey as the President of our Toastmasters Club of Madurai for the term July to December 2024. Leadership, after all, is about service – and it has been my privilege to serve this incredible community.

During this term, we accomplished several milestones together:
βœ… Conducted regular, value-packed meetings
βœ… Celebrated our 25th milestone meeting
βœ… Welcomed 5 new members into our vibrant family
βœ… Launched speaker recognition awards to celebrate every voice
βœ… Embraced technology by introducing digital polls
βœ… Enhanced visibility with a brand-new club standee
βœ… Fostered comfort by ensuring hot beverages during meetings

It wasn’t always easy – there were moments I had to step into multiple roles to ensure the smooth functioning of the club. But these challenges turned into incredible learning opportunities, and they wouldn’t have been possible to overcome without the support of my fellow members.

A special thanks to TM Senthil, whose unwavering support helped make our meetings a success. πŸ™Œ

As I pass the baton and take on the role of Vice President Education (VPE) for the next term, I’m excited to continue contributing to the growth of this dynamic community.

Here’s to inspiring, learning, and growing together in the upcoming year! πŸš€

Address

158, Karpaga Nagar 7th Street, K. Pudur
Madurai
625007

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