Completed Event

Post Budget Analysis Discussion: 2022 – 2023

Online - Zoom Platform

Date: Feb 04, 2022

WTC Shamshabad, the first operational World Trade Center in Telangana & WTC Visakhapatnam, has organized a Post Budget Analysis: 2022 - 2023 in collaboration with the National Institute for Micro, Small and Medium Enterprises (An Organization of the Ministry of the MSME, Government of India). The Hans India, HMTV and BizzBuzz were the media partners for the event. The panelists for the session are Dr. Jaya Prakash Narayana former bureaucrat and Founder and General

Secretary of Foundation for Democratic Reforms and other panelists are Dr. T. Prabhakar Reddy - Development Economist, Ms. Uma Reddy – Founder Hitech Magnets, CA Ramdev Bhutada - Practicing Charted Accountant in Direct Taxes and CA V.S. Sudhir, Practicing Charted Accountant in Indirect Taxes have addressed the members.

Dr. Bose K. Nair, President WTC Shamshabad and WTC Visakhapatnam have initiated the discussion and welcomed guests and participants.

Dr. Jaya Prakash Narayana has said that the Central Government has increased the Capital Expenditure by 35% in the budget, which signifies that it is futuristic and creates supply side, which will generate more employment also said that the budget is laid prudence on fiscal deficit.

Dr. T. Prabhakar Reddy has said that the current year budget is growth-oriented, and it has touched all the sectors, especially the infrastructure and the MSMEs.

Ms. Umay Reddy has said that the Budget is talking about Ease of Doing Business 2.0, additional funds to MSMES under CGTMSE scheme and importance is laid on the adoption of technology.

CA VS Sudhir has discussed the changes introduced in the Goods and Service Tax apart from the necessity for introducing such changes.

CA Ramdev Bhutada has discussed the changes in direct taxes apart from the levy of taxation of income derived from cryptocurrencies and about the digital rupee.

Dr. S. Glory Swarupa, Director General of National Institute of Micro, Small and Medium Enterprises (An Organization of the Ministry of the MSME, Government of India has given the concluding remarks on the session.

Mr. Bose K Nair, President, Mr. Y. Varaprasad Reddy, Vice President, Ms. Srujana, Associate Director & CMA B Mallikarjuna Gupta from World Trade Center Shamshabad & World Trade Center Visakhapatnam attended the session and Dr. K. Visweswara Reddy, Faculty Member & Rector, Mr. Sharat Mutyala from National Institute for Micro, Small and Medium Enterprises also attended the session.