Analyzing India's Union Budget 2024-2025: Implications and Opportunities for Your Business

As the much-anticipated 2024 general election concludes, the National Democratic Alliance (NDA), led by Prime Minister Narendra Modi, has won its third term. Investors are now turning their attention to the upcoming Union Budget 2024-25, scheduled to be announced on July 22.

With this upcoming budget announcement, major efforts are expected to focus on measures to encourage economic growth, simplify tax processes, and introduce PLI schemes and FDI reforms in key sectors such as electronics, IT, automotive, and clean tech, among others, to position India as a top investment destination.

This budget is likely to prioritise key areas such as strengthening the digital ecosystem through the implementation and amendment of the much-awaited Digital Personal Data Protection Act, continuing CAPEX with an emphasis on infrastructure, addressing pressing issues such as inflation, and introducing policy reforms to bolster MSMEs (micro, small, and medium enterprises) in line with the vision of achieving a $7 trillion economy by 2030.

Join us as our expert, Krishan Aggarwal, Senior Manager, International Business Advisory, decodes the impact of India’s Union Budget 2024–25 on foreign companies doing business in India while outlining key aspects of India’s investor-friendly business ecosystem. By decoding the budget announcements and their implications, this webinar aims to spotlight major economic developments to help in your India business expansion strategy.

Krishan will shed light on:

• Midyear recap 2024-25
• Progress of the Interim Budget 2024 and Implementation
• Key Sectoral Announcements
• FDI Announcements
• Direct and Indirect Tax Incentives
• Major Takeaways and Way Forward
• Q&A

If you would like to get in touch with the speakers, or have any questions regarding this event, please contact Ashna Kohli, Jr. Associate - International Business Advisory, India at Ashna.kohli@dezshira.com

This webinar is free of charge.