On February 3rd, AMCHAM organized an interactive session on ‘Decoding the Union Budget 2020-21 – Impact and Way Forward.’ The session commenced with Ms. Surabhi Wahal, Regional Director – Western Region, AMCHAM welcoming participants and introducing the expert speakers for the day. Mr. Ravi Mahajan, Partner, EY India followed by setting a backdrop on the implication of the Budget 2020 through his remarks. Through an interactive discussion supported by a presentation, the speakers Mr. Sudhir Kapadia, National Tax Leader, EY India, Mr. Hitesh Sharma, Partner, International Tax and Tax Leader for Life Sciences, EY India and
Mr. Divyesh Lapsiwala, Partner, Indirect Tax Services, EY India shed their expert insight on the impact of the Union Budget 2020-2021 with a focus on direct tax proposals – measures to stimulate growth, rationalisation measures, ease of compliance, transfer pricing and the indirect tax proposals – customs and GST proposals. An engaging and interactive Q&A followed. The event concluded with closing remarks and a vote of thanks by Mr. Sampathkumar Chittibabu, Director, Par Formulations.