LIVE TELECAST OF THE "UNION BUDGET 2025"

 

On 1st February 2025 (Saturday), the P.G. Department of Commerce & Management of PCM SD College For Women, Jalandhar, in collaboration with Committee for Competitive Examination of PCM SD College For Women, Jalandhar, organized a live telecast of the Union Budget 2025 in the Smart Room for students of B. Com and M.Com. This served as an opportunity for students to get deep insights into the country's financial planning, policy decisions, and economic strategies.

Finance Minister Nirmala Sitharaman presented the Union Budget 2025 in Parliament on February 1st, 2025, at 11:00 AM, and the live telecast was broadcasted via Aaj Tak News YouTube Channel. The budget covered key areas such as revised income tax slabs, infrastructure development, and increased funding for rural development and education.

The live telecast not only served as a good platform for students to stay updated on the latest economic developments but also as a chance to learn from the experts and gain a deeper understanding of the budget's implications on the country's economy.

The budget's most significant highlight is the revolutionary new tax structure designed to provide substantial relief to middle-income earners. Individuals earning up to ₹12 lakh annually will now be completely exempt from income tax, with a carefully structured progressive tax rate ranging from 0% to 20% for higher income brackets.

The budget unveiled a comprehensive suite of economic initiatives designed to boost growth, support entrepreneurship, and address key developmental challenges. The Prime Minister Dhan-Dhaanya Krishi Yojana has been launched to provide targeted support to agricultural communities, demonstrating the government's commitment to rural development. The Kisan Credit Card loan limit has been significantly increased to ₹5 lakh, offering farmers enhanced financial flexibility. Additionally, special credit facilities have been introduced for microenterprises, women entrepreneurs, and marginalized communities, reflecting a holistic approach to economic empowerment. By attending this live telecast, students gained valuable insights into the budget and develop their financial acumen, stay informed about government initiatives, and enhance their academic knowledge. The session was attended by around 48 students and all faculty members of the P.G. Department of Commerce & Management.

NATIONAL SEMINAR ON INTRODUCTION TO RESEARCH METHODOLOGY

On 06th May, 2025 the PG Department of Commerce & Management in collaboration with Research Advisory Committee organised a National Seminar on – “Introduction to Research Methodology” via Google Meet App. The Resource person for the seminar was Dr. Gaganpreet Kaur, a freelance Researcher in the field of labour law in construction companies, workplace flexibility and Doctorate in Human Resource and labour law from Amity University, Noida and also has Scopus Indexed registered research papers and is a recipient of Best Research Papers under many publications. The objective of the seminar was to motivate the students to enhance their research skills and raise awareness with regards to research process and research field.

The resource person initiated the seminar by discussing in about the Research and its importance. She said research plays a crucial role in policymaking by providing evidence based insights for effective governance. Furthermore, it contributes to societal progress by challenging existing paradigms and expanding human knowledge. On a personal level, engaging in research develops critical thinking, analytical skills, and intellectual discipline.

Later, she gave an overview of the research process, emphasizing that effective research typically progresses through several interconnected phases. She explained that it begins with identifying a problem or question, followed by conducting a thorough literature review to understand existing knowledge and identify gaps. This foundation enables researchers to formulate precise research questions and develop appropriate hypotheses when applicable.

She highlighted that hypothesis is a testable statement or prediction about the relationship between variables or potential outcomes of a study. It serves as a proposed explanation for observed phenomena based on existing knowledge and theoretical frameworks. Hypotheses guide the research process by providing clear, specific statements that can be empirically tested. They typically follow an "if-then" structure, suggesting that if certain conditions exist, then specific outcomes will follow. Next, she discussed the formulation of research questions and hypotheses, followed by designing an appropriate methodology after which the researcher then collects data through various techniques such as experiments, surveys, or observations.

She further stressed on the importance of selecting suitable research designs based on the nature of inquiry, whether quantitative, qualitative, or mixed methods. She gave vivid details on data collection techniques, with discussions on the merits of surveys, interviews, experimental designs, and observational methods. Data analysis strategies were covered extensively, with the seminar highlighting both statistical approaches for quantitative data and thematic analysis for qualitative information.

 

COMMERCE CLUB FELICITATION CEREMONY FOR THE SESSION (2024-2025)

 On 26th April 2025, the PG Department of Commerce and Management of PCM SD College for Women, Jalandhar conducted a Felicitation Ceremony of the Commerce Club for the session 2024-25. The Felicitation Ceremony was organized to honour and recognize the outstanding achievements of our students and celebrate the remarkable accomplishments of the prize-winning students, acknowledging their hard work and dedication. Dr. Mrs. Pooja Prashar, Principal, graced the occasion and presented trophies to the students for their hard work and year-round contribution to the PG Department of Commerce & Management.

A total of 131 trophies and certificates were given to the achievers and winners comprising - 47 office bearers and executive members, 25 Inter-College Competition winners, and 59 achievers of various Competitions like - Theme-Based Poster Making on Viksit Bharat: India 2047, Digital India, and Your Startup Dreams, Slogan Writing on World Tourism Day, and Visual and Virtual Marketing Bonanza, which included – Collage Presentation on ECommerce, Sales Promotional Tools, E-Posters Designing, and E-Logo Designing. The students who participated and brought laurels to the Department in various Inter-College Competitions were also felicitated. It is worth mentioning that the students of the PG Department of Commerce & Management have achieved a remarkable feat by winning the overall trophy at HMV Utsav for the second consecutive year. This back-to-back championship demonstrates our department's consistent excellence and dedication to success. Madam Principal encouraged the students to always remember the values that the college has instilled in them, which will help them fetch a life embellished with success. Exhorting the students to continue with their pursuit of excellence, Head of Department, Mrs. Alka Sharma, congratulated the members of the Commerce Club. Overall, the ceremony was an enjoyable and motivating experience for the students.

INTER COLLEGE BUSINESS PLAN AND GROUP DISCUSSION COMPETITION

 

The students of PG Department of Commerce and Management participated in in Inter College Business Plan & Group Discussion Competition 2025" as held at Lyallpur Khalsa College Technical Campus Jalandhar on 04th April 2025 and secured third position. They presented environment friendly business idea of Lumi-Core Phone case-cum solar energy-based charger.The business idea was very well presented using a self-explanatory PowerPoint Presentation.

Our team for the competition comprised of:

Business Plan

Himanshi Bedi (M.Com. Sem – IV) and  Urvi Chauhan (M.Com. Sem – IV)

Group Discussion

Harmanpreet Kaur (M.Com. Sem – IV) and Muskan Kalia (M.Com. Sem – IV)

The students' remarkable performances were a testament to their creativity, critical thinking,and persuasive skills. They demonstrated exemplary teamwork and dedication, earning accolades from the judges and audience alike.

INTER COLLEGE COMPETITION "HMV UTSAV 2025"

 

The students of PG Department of Commerce & Management of PCM SD College for Women

brought laurels to the college by winning the overall Trophy. And various other prizes at Inter College Competition HMV Utsav held at HMV College on 29th March 2025. 05 students

participated in various events and won many prizes in different events. The prizes were:

Overall Trophy.

Ist Prize in Debate.

Ist Prize in Poster making.

Ist Prize in Idea pitching.

All the students of Department of Commerce participated in the prestigious Inter-college

competition entitled ‘HMV Utsav’, held on 29th March,2025, and emerged as winners,

clinching the coveted Overall Trophy. The students showcased their exceptional talent and dedication, securing top honors in various competitions:

Our teams for the competition comprised of:

Debate - Harmanpreet Kaur (M.Com. Sem – IV) and Muskan Kalia (M.Com. Sem – IV)

Idea Pitching - Urvi Chauhan (M.Com. Sem – IV) and Himanshi Bedi (M.Com. Sem – IV) Poster Presentation- Manmeet (M.Com. Sem – IV)

The students' remarkable performances in the various competitions were a testament to their creativity, critical thinking, and persuasive skills. They demonstrated exemplary teamwork and dedication, earning accolades from the judges and audience alike.

WORKSHOP ON GST

On 20th March 2025 the PG Department of Commerce & Management in collaboration with Committee for Competitive Examination organised a practical workshop on GST. The workshop was conducted by ICA Edu Skills Pvt. Ltd., working in partnership with National Skill Developmental Corporation under the Ministry of Skill Development & Entrepreneurship (MSDE), Government of India. The resource persons for the workshop were Mr. GS Multani, Col. (retired), presently Director, ICA Edu Skills Pvt Ltd., Jalandhar, and Ms. Ritika Verma, MBA (Finance, Marketing, and UGC-NET) from ICA Edu Skills Pvt Ltd., Jalandhar. The objective of this event was to give students hands-on experience on GST.

The resource person initiated and explained that GST is a value-added tax (VAT) levied on most goods and services sold for domestic consumption. She also deliberated that GST is paid by consumers, but it is remitted to the government by the businesses selling the goods and services.

The students were given hands on training of practical aspects of GST, ranging from GST Registration to GST Return Filing were also deliberated using Simulation Software as created by ICA. She also explained GST Returns GSTR-1 Return for outward supplies, filed by the 11th of the next month, GSTR-2A Return for inward supplies, auto-populated from GSTR-1, GSTR-3B: Summary return for outward and inward supplies, filed by the 20th of the next month, GSTR-4 Quarterly return for composition taxpayers, filed by the 18th of the month following the quarter, GSTR-5 Return for non-resident taxpayers, filed by the 20th of the next month, GSTR-6 Return for input service distributors, filed by the 13th of the next month, GSTR-7 Return for tax deductors at source (TDS), filed by the 10th of the next month, GSTR- 8 Return for e-commerce operators, filed by the 10th of the next month, GSTR-9 Annual return for all registered taxpayers, filed by December 31st of each year were also vividly explained.

She also explained HSN i.e. Harmonized System of Nomenclature code for classification of goods, which is a 4–6-digit code, with more digits indicating greater specificity, HSN usage mandatory for businesses with a turnover exceeding ₹1.5 crores. SAC i.e. Service Accounting Code for classification of services which is a 6-digit code, with more digits indicating greater specificity, SAC usage mandatory for service providers.

A detailed knowledge of GST Registration Threshold i.e. Mandatory registration for businesses with a turnover exceeding ₹ 40 lakhs (₹ 20 lakhs for special category states) and GST Online registration Process was given. GST Return Filing Frequency i.e., monthly or quarterly, depending on the type of return and GST return filing due dates varying due dates for different types of returns.

Discussing about E-way Bill, she explained Generation i.e. electronic document generated on the GST portal for movement of goods worth more than ₹50,000, E-way Bill Validity period varies from 1-5 days, depending on the distance and E-way Bill Requirements i.e. required for inter-state and intra-state movement of goods.

Total 62 students of B. Com and M. Com and faculty members of PG Department of Commerce & Management attended the session. It was a knowledgeable session that served as an opportunity for students to be updated on the about the practical aspects of GST.

 

INTER COLLEGE COMPETITION "KMV BRAINSTORM 2025"

 

The students of PG Department of Commerce and Management participated in in Inter College KMV Brainstorm 2025 " as held at Kanya Maha Vidyalaya Jalandhar on 04th April 2025 and secured first position in “Epic Wall”, second position in “Aap Ki Aadalat” and third position in “Innovative Start Ups”. The Epic Wall was based on impact of “Artificial intelligence in Business” which showcased both positive and negative impact in a creative manner. The students of “Aap Ki Aadalat” enacted the remarkable case of K.B. Shetty Vs Punjab National Bank. The Innovative Start Up was based on the business idea was to launch a startup centered around the environmentally friendly concept of Sun-Volt, a phone case-cum-solar energy based charger. The business idea was very well presented using a self-explanatory PowerPoint Presentation.

Our teams for the competition comprised of:

Innovative Start Ups -  Harmanpreet Kaur (M.Com. Sem – IV) and Urvi Chauhan (M.Com. Sem – IV)

Epic Wall - Manmeet (M.Com. Sem – IV) and Esha (M.Com. Sem – II)

Aap Ki Aadalat - Himanshi Bedi (M.Com. Sem – IV), Himani (M.Com. Sem – IV), Tanuja (M.Com. Sem – IV), Sakshi (M.Com. Sem – II) and Rajni (M.Com. Sem – II)

Poetical Symposium - Muskan Kalia (M.Com. Sem –IV)

The students' remarkable performances were a testament to their creativity, critical thinking, and persuasive skills. They demonstrated exemplary teamwork and dedication, earning accolades from the judges and audience alike.

WORKSHOP ON "DISSEMINATION OF AWARENESS ABOUT THE GST ACT"

On 25th February (Tuesday), the PG Department of Commerce and Management under the initiative of Department of Excise & Taxation (Government of Punjab), organized a one-day workshop on "Dissemination of awareness about the Goods and Services Tax Act" at 11:40 am in the Smart Room for the students of commerce. The objective of this event was to provide awareness about the Goods and Services Tax Act and its application.

Mr. Shalinder Singh, a dynamic professional, serving as Assistant Director (Investigation) cum-State Tax Officer in Punjab's Government. He holds a master’s degree in philosophy, Political Science, and English. A qualifier of UGC NET six times, renowned author and scholar. He has received the Young Scholars' award twice. He has served in excise and taxation departments across Ludhiana, Patiala, Bathinda, and Jalandhar, while also functioning as a GST master trainer and participating in state and national workshops.

Mr. Shalinder Singh initiated the session by offering a dual perspective on India's Goods and Services Tax (GST), examining both its theoretical foundations and practical implications. Structured as two technical sessions—"GST in Academics" and "GST in Real Life"—the presentation illuminated how this landmark tax reform has reshaped India's economic landscape since its implementation on July 1, 2017.

He highlighted GST's key features: a "One Nation One Tax" regime, consumption-based taxation, PAN-based structure, technology-driven implementation, and evolution from the previous VAT system. The constitutional framework established through the 101st Amendment Act of 2016 created Article 246A, granting concurrent powers to state and union governments, and Article 279A, which established the GST Council.

He also explained GST's four-component structure: IGST for interstate transactions, and CGST, SGST, and UTGST for intrastate transactions, with the latter three splitting the applicable tax rate between central and state or union territory administrations. The tax rates fall into multiple slabs (5%, 12%, 18%, and 28%, plus 3% for jewellery), while the Composition Scheme offers simplified compliance for small businesses at reduced rates (1% for manufacturers and traders, 5% for restaurant services not serving alcohol and 6% for marginal service providers.

He gave a detailed account of the technological infrastructure supporting GST implementation. The GST Portal, operated by Infosys, serves as the central platform for registration, returns, and payments, while the E-Way Bill system digitizes documentation requirements for goods transportation. The Workshop emphasized GST's realworld impact on daily life. He demonstrated how GST affects virtually everything we consume—from personal care products and clothing to transportation, entertainment, and digital services. He explained the consumer's relationship with composition taxpayers, who cannot collect GST despite paying it themselves.

He also addressed significant implementation challenges. These include tax avoidance by businesses remaining unregistered (below thresholds of ₹40 lakhs for goods and ₹20 lakhs for services) and deliberate evasion through fraudulent invoicing or undocumented supplies. He also stressed the counter measures that include the innovative "Mera Bill App." This encourages consumers to request proper invoices and enforcement through mobile. Many Special Investigation Units have recovered approximately ₹200 crore annually by use of this app.

At last, relevant questions were asked by students and staff, which were satisfactorily answered by the resource person. A total of 58 participants attended this Workshop, including students and faculty members of PG Department of Commerce and Management.

It was a knowledgeable session and a learning experience for students. The resource person effectively bridged theoretical understanding with practical insights by providing a valuable perspective on both the achievements and ongoing challenges of India's most significant tax reform in recent history.

CAREER AWARENESS SESSION ON CAREER OPPORTUNITIES AS ACCA

 The PG Department of Commerce and Management in collaboration with Committee for Competitive Examinations, of PCM SD College for Women, Jalandhar. organized a Career Awareness Session on “Career Opportunities as ACCA (Association of Chartered Certified Accountants)” 20th February (Thursday) at 11:40 am via Google Meet. The objective of this event was to provide the essentials for Career Opportunities as ACCA.

The resource person, Mrs. Sukhpreet Monga, a renowned expert with multiple credentials such as ACCA, CA, CPA, and CGA Canada. An Auditing and Tax Consultant and Outsourcing Service Provider by profession.

During the session, she stressed the imperative need for skills that cannot be replaced by artificial intelligence, showing the way, ACCA professionals need to cultivate capabilities in interpreting financial statements and comprehending the narrative behind the figures. She called ACCA a far-reaching and holistic program that encompasses different aspects like costing, finance, accounting, auditing, law, leadership, analytics, and communication. Guiding the students she said that students need to analyze the gap between what they are and what they want to achieve and shall later bridge the gap by working on those areas.

To engage participants, she conducted an interactive quiz for testing students' financial awareness and basic accounting concepts which was answered very well by the students. She highlighted that ACCA professionals can look forward to initial salary of Rs. 12-15 lakhs per year, with a 10% annual growth potential. She explained the program's flexible format, which has four sittings in March, June, September, and December, with results declared within 40 days. The course can be done in two to three years, with pass percentages ranging from 40% to 70%.

ACCA is recognized globally in more than 181 countries and has more than 600,000 registered students worldwide. She put ACCA against the CA course, citing ACCA's variability in the syllabus and versatility for making it more popular today in the market. She further pointed out that ACCA practitioners tend to possess a wider spectrum of knowledge and can establish their careers in less time.

A total of 67 participants attended this Seminar, including students and faculty members of PG Department of Commerce and Management. It offered relevant information about the ACCA qualification and career opportunities, specifically highlighting the value of financial reporting expertise and strategic thought in achieving success as finance professionals.

The session successfully outlined how ACCA certification can equip students for the job positions demanding skills in financial analysis, strategic planning, and stakeholder communication that are core competencies needed for future Chief Financial Officers and finance professionals working in a transforming global economy. Overall, it was a learning experience for the students.

INTER COLLEGE PAPER PRESENTATION COMPETITION 2025

 The students of PG Department of Commerce and Management participated in “Inter College Paper Presentation Competition 2025" as held at St. Soldier College Co-Education Jalandhar on 18th February 2025 and secured third position. They presented paper on the topic – Social and Economic Effects Of E- Commerce. The paper focused on the impact of E-Commerce, the facts and figures regarding platforms of E-Commerce and how E-Commerce platforms are readily used these days. The paper was very well presented using a self-explanatory PowerPoint Presentation.

Our team for the competition comprised of:

Harmanpreet Kaur (M.Com. – IV) and  Urvi Chauhan (M.Com. – IV)

The students' remarkable performances were a testament to their creativity, critical thinking, and persuasive skills. They demonstrated exemplary teamwork and dedication, earning accolades from the judges and audience alike.

LEVEL-I CERTIFICATION PROGRAM ON " FINANCIAL LITERACY AND INVESTOR EDUCATION AND AWARENESS" IN COLLABORATION WITH NISM

On February 6th, 2025, Committee for Competitive Examinations of PCM SD College for Women, Jalandhar and the PG Department of Commerce and Management, in collaboration with Krisha Foundation, organized a Skill Development Program on “Level - 1 Certification Program on Financial Literacy and Investor Education” under the initiatives of BSE Ltd. through the SEBI Investor Certification Examination.

The certification program was meticulously structured by BSE Ltd. as a Skill Development Program which was done via Google Meet app. The Level - 1 Certification Program served as an introductory framework for students to develop basic financial literacy and the trainer was Dr. Jyoti Verma, Associate Professor at Chitkara Business School, Chitkara University Punjab.

A total 125 students were registered with BSE Ltd. Portal, out of which 100 students of PG Department of Commerce and Management appeared for the exam and 91 qualified for the Level -1 exam and were awarded certificates by BSE Ltd. and were shortlisted to appear for mock test for level - II Exam. The Level-2 Certification Program focused on becoming a Mutual Fund Distributor (MFD), wherein the successful students can sell mutual funds in India and earn commission from Assets Management Companies. Not only this, after certification students can run their own Mutual Fund Distribution (MFD) Business and offer investment solutions to their clients working with AMC’s, Banks and Financial firms. The students can also apply for jobs in Mutual Fund Industry, Banks, Investment Advisory Firms and Wealth Management Firms.

The Level-2 certification delves deeper into advanced investment analysis and portfolio management strategies, teaching students both technical and fundamental analysis of securities markets. It covers comprehensive risk assessment techniques, in depth understanding of derivatives, commodities, and alternative investments, and introduces complex retirement planning and wealth accumulation strategies. Students also learnt advanced tax planning methods, financial regulations, market compliance frameworks, and digital financial technologies that are transforming the industry.

The selection process for Level-2 was rigorous and many mock tests were conducted after the training program. Out of 91 shortlisted candidates, 80 students were qualified and approved for Level -II Certification. The criteria of selection were based on their performance in both Level-1, Mock Examination(s) for Level-II, and their higher secondary marks. The Level-2 certification holds significant value in the job market, potentially opening pathways to specialized roles in financial advisory, investment management, banking operations, and financial analysis. Additionally, it equips students with advanced knowledge for entrepreneurial ventures in the financial sector.

This two-tiered certification approach by NISM and BSE Ltd., facilitated through an NGO Krisha Foundation, represents a comprehensive educational pathway that progressively builds students' financial competencies from basic financial literacy to advanced professional applications, preparing them thoroughly for the dynamic and complex financial landscape they will encounter in their careers.

Level-2 requires students to appear independently for the examination, demonstrating their increased autonomy and responsibility in the financial education journey.

It was a successful Skill Oriented Program.