Nani A. Palkhivala Memorial Trust in association with the World Trade Center Bangalore organized a Memorial Lecture on 13th January, 2016 at WTC Bangalore. The lecture was delivered by Mr. S Mahalingam, Director – CMC Limited & Former Executive Director and CFO, Tata Consultancy Services. The lecture was on "Reforms for a better Tax Governance System in India" and it highlighted the different aspects on how the tax systems in the country have undergone significant changes during the last few decades as well as how it has calibrated in response to changes in the development strategy over time while keeping in tune with the institutional arrangements in the country.