Taxsutra & KNAV Present “Union Budget Analysis”! (2022)

Episode Duration:
90 minutes

Episode Background:
While presenting the Union Budget 2022, Finance Minister Mrs. Nirmala Sitharaman thanked “all the taxpayers of our country who have contributed immensely and strengthened the hands of the government in helping their fellow citizens in this hour of need.” Borrowing from the wisdom of India’s ancient texts (i.e. a shloka from Shanti Parva Adhayaya of Mahabharata) which translates into “The king must make arrangements for Yogakshema (welfare) of the populace by way of abandoning any laxity and by governing the state in line with Dharma, along with collecting taxes which are in consonance with the Dharma”, the FM went on to propose several amendments vis-à-vis taxation front such as - introduction of new updated return, AMT rate reduction for co-operative societies, tax relief to persons with disability, parity in NPS contribution, incentives for start-ups, incentives under concessional tax regime (u/s 115BAB), scheme for taxation of virtual digital assets, tax incentives to IFSC, rationalization of surcharge & TDS provisions in certain cases, disallowance of health and education cess as business expenditure & much more.

What shall the episode cover?
Taxsutra, keeping up its commitment to bringing to you road blocked, wall-to-wall coverage of B-Day, is delighted to bring to you an unique episode on “Union Budget Analysis” in association with KNAV. In this webinar, KNAV's Senior Partners Mr.Uday Ved and Mr.Amitabh Khemka, will endeavour to give a surgical view of Finance Bill, 2022 in the wake of the Finance Minister's speech. They are joined by Industry Experts Mr.Rakesh Gupta (Vice President and Group Head - Tax at RPG Group) & Ms. Kavita Kulshreshtha (Vice President- Head India Direct Tax Practice at Capgemini India) who have shared their valuable insights on the Budget 2022. The discussion is moderated by Taxsutra Group Editor Mr. Arun Giri.