Our collection of resources based on what we have learned on the ground

Decoding India's Union Budget 2023-24: What’s In It For Businesses

Multimedia

Presenter(s):

Amid the ongoing global headwinds triggered by external factors like post-pandemic spillovers, supply chain disruptions due to the ongoing Russia-Ukraine conflict, and possible recessionary pressures facing developed economies, the Indian economy has stood resilient and is well on its way to register growth rate of seven percent in the ongoing fiscal. 

To further support India’s target of becoming a US$5 trillion economy, India Inc. has high hopes for the Budget 2023–24, particularly in regard to its promotion of tax reforms that promote ease of doing business and its continuation of CAPEX with an emphasis on infrastructure. 

Industry observers anticipate that the forthcoming budget will accelerate India's economic growth by bolstering supply-side capabilities and addressing demand imbalances. Inflation has been a sticky issue affecting consumption, and the upcoming budget might see a reduction in some taxes, both direct and indirect to boost consumption patterns. 

Adv. Naina BhardwajIndia Briefing and Asia Briefing Editor, discussed the impact of India’s Union Budget 2023-24 on foreign companies doing business in India while outlining key aspects of India’s investor-friendly business ecosystem. We invite you to join us in this webinar to decode key budget announcements and understand their implications for various industries, businesses, and individuals. 

Naina addresses the following areas: 

  • India’s Economic Outlook Union Budget 2023–24 Overview  
  • Direct and Indirect Tax Incentives  
  • Key Sectoral Announcements 
  • FDI Related Announcements 
  • Major Takeaways 



< BACK TO LIBRARY
Return to search

Topic

Country

Type of resource

Language



Subscribe to receive latest insights directly to your inbox

Subscribe Now

Our Clients

Discover our esteemed global clients across diverse sectors. We believe in providing our clients with exceptional service and a commitment to being their partner for growth in Asia.

See what our clients say about us
0
1
2
3