Budget Conclave 2018

 
SDMIMD in association with Confederation of Indian Industries (CII) jointly organized the Union Budget Conclave-2018 (Post Budget Analysis) at its campus on February 2, 2018. Dr. M. Sriram, Assistant Professor- Finance, SDMIMD welcomed the gathering and highlighted the importance and constituents of a budget from a common man’s perspective.  Mr. Arjun Ranga, Chairman, CII Mysore Chapter, highlighted the key aspects of the budget and was of the view that a lot of impetus was given to Agriculture, Healthcare, Education and rural development. According to him, the key to implementation of the schemes will determine the effectiveness of the policies. The students of SDMIMD made a brief presentation on the key highlights of economic survey and the Union Budget 2018. The knowledge partner for the conclave was BDO India LLP, Bengaluru. The representatives of the knowledge partner discussed on the various implications of the announcements of the budget in respect of taxation.
 
Mr. Pankil Sanghvi, Partner-Tax and Regulatory Services, BDO India addressed the gathering on direct taxes and how the announcements will have a bearing on individuals and corporates. Mr. Sreedharan, Manager, BDO India briefed about the indirect tax reforms and how the scope of ‘re-assessment’ widened. He also gave an overview about the modification to adjudication procedure. The conclave concluded with a panel discussion in the form of question and answer session. The panellists included Mr. Arjun Ranga, Chairman, CII Mysuru, Dr. N.R. Parasuraman, Director, SDMIMD, Mr. Pankaj Sanghvi and Mr. Sreedharan, representatives of BDO India LLP.