AMCHAM’s Hyderabad Chapter had a session on ‘Decoding the Union Budget with EY’ on February 2nd over Webex. Mr. Prakash Bodla, Chairman – Hyderabad Chapter, AMCHAM made remarks at the session. Mr. Naveen Agarwal, Partner, EY spoke on the budget and direct taxes while Ms. Aisha Ali Hussaini, Partner, EY spoke on the indirect taxes. They touched on individual tax proposals and COVID-19 relief measures. The session also covered discussion on measures to stimulate growth and revenue mobilization, ease of compliance and reducing litigation, rationalization measures, the digital economy, GST and SEZ proposals, among other topics.

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