Webinar on India's Union Budget

This webinar will provide participants with an understanding of the key takeaways of the recent Union Budget of India - and what those can mean for (international) companies in India.

What is the Union Budget?

The Union Budget is an annual budget for India's central government, which is typically presented on 1 Feb. The budget outlines the government's vision for the economy, their economic agenda for the next one year and priorities. It involves revenue and expenditure estimates for the next year, along with expected fiscal deficit and market borrowings.

The budget is typically preceded by the Economic Survey, which details the finance ministry's assessment of the economy in the past year and the reforms/new ideas they think are important to propel the growth forward

Why is it relevant for Danish corporations with business interests in India?

The budget and the economic survey summarise the government's economic philosophy. It throws light in the potential reforms that could be implemented, the expected trajectory of public investment, and how the government plans to engage with foreign businesses operating in India. It will surely help the corporates to understand :

• Policies and Expansion Opportunities
• Tax & Trade Incentives
• Sustainability & Green Transitions

Hence, the budget and the economic survey together form a blueprint for foreign corporations wanting to do business in India.