With the upcoming Union Budget 2024–25, all eyes are on how the Modi 3.0 government will deal with the expectations of various stakeholders while focusing on driving economic growth and fostering a favourable business environment, as India takes steps towards the coveted Viksit Bharat by 2047 vision of becoming a completely developed nation by the centenary of its independence. Anticipated measures include extending the tax incentives for new sectors to stimulate investment and a rationalisation of the capital gains tax regime, alongside reforms aimed at simplifying regulatory processes and enhancing dispute resolution efficiency.
The budget may also introduce strategic policies for implementing global tax standards in line with the OECD’s pillar two suggestions. By addressing these areas, the budget is expected to reinforce economic stability, promote industrial expansion, and strengthen investor confidence in India's financial ecosystem.
Dhruva Advisors, ITR, and Taxsutra are co-hosting a webinar to discuss the possible outcome of this budget. The discussions will be led by Dinesh Kanabar, the CEO of Dhruva Advisors, and other experts from Dhruva Advisors.
Sign up to hear the webinar's insights by clicking on the registration link here.
