Webinar on the Impact of the Union Budget of India 2017-2018 on your Business
16. März 2017, Webinar
Departing from the colonial tradition of presenting the Union Budget on the last working day of February, the Indian Finance Minister presented the Budget on February 1, 2017 so that the legislative approval for annual spending plans and tax proposals could be completed before the beginning of the new financial year on 1 April.
The Budget theme of Transform, Energise and Clean (TEC) India was largely geared towards core areas of rural growth, poverty alleviation and infrastructure development while also showing the government’s commitment towards prudent fiscal management, tax administration and transparency. With the GDP and economy still reeling from the temporary effects of demonetisation, the decisive push towards digital initiatives was on expected lines to eradicate black money and corruption. The Budget also reassured foreign investors with a thrust on ease of doing business and abolishment of the Foreign Investment Promotion Board (FIPB). Amidst global uncertainties, the Budget looks positive as it lays out a roadmap for India’s growth and development reflecting the government's stated priorities and long-term agenda.
We cordially invite you to join us for an informative webinar on the impact of the Union Budget of India on your business and the economy with Maulik Doshi, International Tax Specialist and Partner at SKP, and Jigar Doshi, Practicing Chartered Accountant at SKP. Topics that will be covered are:
- Potential measures to improve the ease of doing business in India
- Expansion of scope of Equalisation Levy
- Introduction of General Anti-Avoidance Rules (GAAR)
- Corporate tax rate and MAT reductions
- Goods and Services Tax (GST)
Please register here before 15 March 2017.