Decoding India's Interim Union Budget 2024: What Businesses Need to Know

As India enters the general election year, its economic trajectory for 2024 presents a compelling narrative, positioning the country as the fastest-growing G20 nation with a projected economic growth to be 6.5%. With the upcoming interim budget, we expect Indian Finance Minister Nirmala Sitharaman to leave no stone unturned in further bolstering the economic engine of the country. This effort could possibly focus on measures to encourage economic growth, simplify tax processes, and support domestic manufacturing.

According to industry experts, as this interim budget is a vote on account, it might not introduce significant policy changes but could include measures focusing on promoting ease of doing business and boosting the 'Make in India' initiative.

On February 7, Krishan Aggarwal, Senior Manager - International Business Advisory, discussed the key takeaways and impact of this interim budget on foreign companies doing business in India while outlining aspects of India’s investor-friendly business ecosystem. This webinar was aimed to decode key budget announcements and understand their implications for various industries, businesses, and individuals.

Our expert discussed: 
• Economic Outlook 2024
• Progress of the Union Budget 2023 Implementation
• Overview of Announcement in Interim Budget 2024
• Direct and Indirect Tax Incentives 
• Major Takeaways

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.

This Event occurred on Wednesday, February 7, 2024. If you were unable to attend it, you can still benefit from these resources that will help you review or discover more: