The COVID-19 pandemic has resulted in the biggest disruption of the global economy, with India - a top 5 global economy - among those drastically affected. The Indian government was faced with the challenges of balancing the health impact of COVID-19 along with the economic impact of national and regional lockdowns.
As the world is hoping to bounce back in 2021, there is a huge opportunity for the Indian economy to catapult it into a high growth economy once again. At the same time, the fiscal deficit needs to be maintained at reasonable levels so that India’s debt levels do not become unmanageable.
Dhruva Advisors, Taxsutra and ITR hosted a webinar to discuss the impact on the Indian economy and businesses of various proposals announced in the Union Budget 2021-22. The discussions were led by Dinesh Kanabar, CEO of Dhruva Advisors. He was joined by Uday Shankar, President, FICCI - a stalwart of the media and entertainment industry - as well as other experts from Dhruva Advisors.
The webinar was broadcast live at 11.30am GMT/5pm IST on Monday, February 1 2021. Please check out the recording above.
Dinesh Kanabar is a stalwart in the tax industry and has been widely recognised by his peers as being among the top tax advisors in India. He was recently named as the winner of ITR’s Asia Tax Practice Leader of the Year award for 2020.
Prior to founding Dhruva Advisors, Dinesh held a series of leadership positions across several large professional service organisations in India. He was the deputy CEO of KPMG India, chairman of KPMG’s tax practice, deputy CEO of RSM & Co, and head of tax and regulatory at PwC.
Dinesh is a member of the National Executive Committee of FICCI and is currently a mentor of the FICCI Committee on Taxation. He has also worked with the government of India on several policy committees. He was a member of the Rangachary Committee constituted by the prime minister of India to deal with tax reforms in the information technology sector and for evolving safe harbour rules.
Uday Shankar has three decades of experience in the media and entertainment industry. Until recently, he was the president of Walt Disney Company’s Asia-Pacific division and the chairman of Star and Disney India. He is presently the president of the Federation of Indian Chambers of Commerce & Industry (FICCI).
A trained journalist, Uday also pioneered the development of the television news ecosystem in India. Prior to Star India, he was the CEO and editor of Star News, which was the first 24-hour news channel in India. He was also the editor and news director at TV Today Group, where he spearheaded the launch of Aaj Tak, a leading Hindi news channel, in 2000 and Headlines Today, a leading English news channel, in 2003.
Co-founder, Group editor
Arun Giri is considered among the premier financial reporters in India, with a special focus on tax. He has around 15 years of journalistic experience, of which seven years were as a broadcast journalist with leading business news channels – CNBC TV18 and Bloomberg UTV.
Over the years, Arun has been known for consistently breaking the biggest stories in the financial world across areas such as tax, mergers and acquisitions (M&A), and corporate law litigations.
Senior commercial editor
Prin Shasiharan drives thought leadership with global tax advisors for ITR’s insight projects, in addition to managing contributions from partner firms. He has hosted and moderated high-level events involving eminent tax practitioners. He also manages commercial collaborations for other Euromoney brands including The Deal, Managing IP and IFLR.
Prin has experience in tax compliance, financial crime and regulatory roles, and has previously worked for international organisations including the United Nations and the Council of Europe.
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