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Decoding Union Budget 2025 Webinar

  • News

February 20, 2025

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IGCC in partnership with our revered knowledge partners, Trilegal and Lakshmikumaran & Sridharan Legal, organised an insightful post-budget webinar, ‘Decoding UnionBudget 2025’ on 3rd February 2025.


Few Key Discussion Points:
 

  • The current government focuses on – Agriculture, Exports, MSME & investment and upskilling.
  • A welcome change is that the tax for NR businesses has been reduced to 35% which is 10% less than before.
  • In terms of business reorganisation, the proposed amendment aims at curbing ‘evergreening’ of losses.
  • Another significant change in the tax slab is that there will be NIL or zero income tax for individuals earning up to Rs. 12 lakh.
  • Tax exemptions are to be implemented for sovereign wealth funds, pension funds, shipping industry and many more.
  • There is a rationalisation of BCD rates.

 

Distinguished speakers included- Ashish Philip, Siddhesh Khandalkar, Ratan Jain, Aditi Goyal, and Kartikey Kulshrestha.

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