The Union Finance Minister Nirmala Sitharaman presented the Union Budget for the fiscal year 2023–24. The Union Budget builds on the vision set in previous budgets and foundation laid since 2014 and aims to provide stability and continuity, improve ease of doing business, and augment domestic value addition. A technology-driven, knowledge-based economy with sound public finances and a thriving financial sector is part of vision for the Amrit Kaal.

The Union Budget for 2022-23 was presented on 01st February 2022 by the Finance Minister Ms. Nirmala Sitharaman in the backdrop of Gross Domestic Product (GDP) growth rate of 9.2 percent for the year, strong exports, robust increase in both direct and indirect revenues, robust vaccination programme, a tapering Omicron wave, favorable response to the Production Linked Incentive (PLI) schemes announced in the last few years, a vibrant start-up ecosystem with the third-highest number of unicorns in the world after the US and China and strong revenue collections.

The Union Budget 2021-22 was presented by the Hon’ble Finance Minister Nirmala Sitharaman on 1st February 2021 in the Parliament, which was the first budget of this new decade and also a digital one in the backdrop of unprecedented Covid – 19 crisis. This year’s Budget lays focus on the six pillars for reviving the economy –

On 1st February, 2020 Finance Minister Nirmala Sitharaman presented Union Budget 2020 in the Parliament. The government has been continuously trying to stimulate the economy. Last year corporate tax rate were cut. However, since the economic growth has stalled to just 5% in the current FY, all eyes were on the Finance Minister expecting to create jobs and raise consumption and demand in the economy through measures in the budget.

The past year has been marked by some major reforms. The transformational Goods and Services Tax (GST) was launched in July 2017. With a policy change of such scale, scope, and complexity, the transition unsurprisingly encountered challenges of policy, law, and information technology systems, which especially affected the informal sector. Expeditious responses followed to rationalize and reduce rates, and simplify compliance burdens.

In the backdrop of demonetization current Budget presented on the auspicious day of `Vasant Panchami' had lot of expectations and optimism. The expectation included burning issues like inflation, price rise, crony capitalism, fall in demand due to demonetization and corruption in day-to-day transactions.

In the last nine months, the NDA Government headed by Prime Minister Shri Narendra Modi, has undertaken several significant steps to energize the economy. The credibility of the Indian economy has been reestablished. The world is predicting that it is India's chance to fly.

Honourable Shri Narendra Modi launched the START-UP INDIA – ACTION PLAN, the same will help nurture entrepreneurship in the country. The START-UP INDIA – ACTION PLAN defines What is Start-up, Eligibility for Startup, Recognition as a Startup. The Action Plan gives a road map for faster Entry & Exist along with Financial & Taxation Benefits available to the startups.

Legal Provisions are likely to be incorporated in Finance Bill 2016, thereafter proposed scheme of START-UP INDIA will get a legal shape.

A presentation on Expatriate Taxation in India with tax synopsis, presented at the AGN World Congress held in New Delhi India.

India has already marked its presence as one of the fastest growing economies of the world. It has been ranked among the top 3 attractive destinations for inbound investments. The regulatory environment in terms of foreign investment has been consistently eased to make it investor-friendly.

“Budget 2015-16 lays down a road map for accelerating growth, enhancing investment and passing on benefit of the growth to the common men. In a well thought and finely nuanced approach, instead of introducing dramatic concessions to boost the economy into double digits growth, the government has instead focused on making definitive structural adjustments to policy and frame-works that will deliver all round growth across the agricultural, manufacturing and services sectors by encouraging investments and entrepreneurship (by improving the ease of business) and improving the infrastructure( through investments and more reliable policy structures.)”

The Government's liberalization and economic reforms programme aims at rapid and substantial economic growth, and integration with the global economy in a harmonized manner.

SPECIAL ECONOMIC ZONE SCHEME (SEZ)Special Economic Zone (SEZ) Scheme was introducedunder the Export & Import policy by government of India w.e.f. 1-4-2000 with a view to provide an international competitive and hassle free environment for export.

India has a free and vibrant press, an independent judiciary, a strong legal and accounting system and the use of English as the principal language of business and administration are some of the attractive features of the business environment.

Documentation can help testimony and jogmemories. Put policies in place to document how delegated work is supervised and how results and conclusions are communicated. Policies will vary for every company and may even be different within particular departments. An employee titles do notalways convey the actual level of supervisoryresponsibility a position entails.

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