What India’s 2023-24 Budget could mean for its economy

The Indian Finance Minister’s presentation of the 2023-24 Budget to the lower house of the Indian Parliament comes as the government fosters post-pandemic economic growth. With the Indian economy showing signs of restoring growth and containing inflation, the Government of India appears determined to carry the momentum into the next fiscal year. The Budget is expected to further these goals by laying a solid foundation for stable medium-term growth accompanied by a credible, redefined fiscal consolidation plan that includes specific measures to promote business, boost manufacturing competitiveness, expand infrastructure, and foster innovation. The Budget may also shed light on India’s plan for implementing the “Pillar Two” solution of the Organiation for Economic Co-operation and Development’s BEPS 2.0 project.

Join us for this webcast, during which our senior EY tax and policy professionals will help explain the fine print of the 2023-24 India Budget, covering the macroeconomic and policy announcements, direct tax proposals and indirect tax proposals.

Panelists

• Sameer Gupta, Tax Leader – International Tax and Transaction Services, Ernst & Young LLP (India)
• Pranav Sayta, Partner and National Leader – International Tax and Transaction Services, Ernst & Young LLP (India)
• Uday Pimprikar, Partner and National Leader – Indirect Tax, Ernst & Young LLP (India)

Moderator

• Jonny Lindroos, Partner, National Tax – International Tax and Transaction Services, Ernst & Young LLP (US)