Union Budget Analysis - Dissecting Indirect Tax Proposals

Episode Duration:
120 minutes

Episode Background:
The Hon’ble FM in her Budget Speech stated that GST has been a landmark reform of Independent India showcasing the spirit of Cooperative Federalism. While aspirations were high, there were huge challenges too, which were overcome deftly and painstakingly under the guidance and oversight of the GST Council. A fully IT driven and progressive GST regime has fulfilled the cherished dream of India as one market- one tax. Particularly w.r.t amendments vis-à-vis indirect taxes, the FM proposed changes on several fronts such as SEZs, customs reforms and duty rate changes, project imports and capital goods, review of customs exemptions & tariff simplification etc. She also introduced several sector specific proposals affecting electronics, gems and jewelry & chemical industry; MSMEs, tariff measures to encourage blending of fuel etc.

What shall the episode cover?
Against this backdrop, Taxsutra, keeping up its commitment of bringing to you road blocked, wall-to-wall coverage of B-Day, is delighted to bring to you a unique episode on “Union Budget Analysis – Dissecting Indirect Tax Proposals” in association with Hiregange Academy. In this episode, Mr. Madhukar Hiregange (Founding Partner) & Mr. Ravi Kumar Somani (Partner) from Hiregange & Associates have endeavoured to give a surgical view of the Finance Bill, 2022 in the wake of the Finance Minister's speech, particularly from an indirect tax perspective.