Budget Conclave

Budget Conclave 2021

SDMIMD in association with CII, Mysuru and Mysuru Chapter of The Institute of Company Secretaries of India jointly organized Union Budget Conclave 2021- Post Budget analysis through virtual mode on February 03, 2021.
 
The panellists comprising of Dr. N.R. Parasuraman, Director, SDMIMD, Mr. Amit Kumar, Chairman CII Mysuru, Mr. Pavan Ranga Vice Chairman, CII Mysuru, Mr. S. Ranganathan, Convener, CII Finance and Taxation Panel were unanimous in the opinion that the budget was growth oriented with more focus on healthcare, agricultural and rural development, and infrastructural development. According to them, there were few areas like education and defence where the focus of the budget was limited. The fiscal stimulus by the Government as suggested in the economic survey was factored in the budget through announcement of special packages and incentives on infrastructural development and impetus to ‘make in India’ as part of ‘Atmanirbar Bharath’.
 
Highlights and salient features of the Union Budget 2021 was well captured by the PGDM students of SDMIMD.
 
Mr. Ganesh Krishnamurthy, Mr. Sandesh Kumar and Mr. Faneel Shah, partners from PWC (Price Waterhouse Coopers) highlighted the salient features of the Union Budget with respect to direct and indirect taxations.
 
Dr. M. Sriram, Associate Professor-Finance, SDMIMD welcomed the gathering and briefed on the program and the budget. The session was moderated by Mr. Devanathan, Co-convener, finance and taxation panel, CII Mysuru who also proposed vote of thanks.

Union Budget Conclave 2020

SDMIMD organized the Union Budget Conclave (post budget analysis) jointly with CII, Mysuru on 3rd February,2020. Deloitte was the knowledge partner for the occasion.
 
The event commenced with a welcome address and brief note on the program and the budget by the program convenor Dr. M Sriram, Assistant Professor, Finance – SDMIMD, Mysuru. Dr. Sriram opined that the budget has factored in the findings of the economic survey and it provided long term stimulus rather than the short term, the desired results of the new Budget would be evident only with time.
 
Dr. N R Parasuraman, Director – SDMIMD, Mysuru in his address on ‘The Indian Economy’ and Budget 2020-21 shared his thoughts on the current slowdown  of the Indian economy and observed that the budget is forward looking and future oriented.
 
The conclave had invited talks by experts on Union Budget 2020-21 from CII, Mysuru comprising of Mr. Baskar Kalale, Chairman, CII, Mysuru, Mr.Amith Kumar, Vice Chairman, CII, Mysuru, Mr. S.Ranganathan, Convener, Finance and Taxation Panel, CII Mysuru.
 
This was followed by a brief presentation on the salient features of the budget by the Post Graduate Diploma Management (PGDM) Students of SDMIMD, Mr.Souvik Dey, Ms.Priya Pandey, Mr.Ashish Prasad, Mr.Sebu Padayvatty, Ms.Syeda Zaiba.
 
Officials from Deloitte presented their views on the impact of budget announcements on taxation and indirect taxation. Mr.Baskar, Partner, Deloitte, Mr.Suresh Kumar, Partner, Deloitte, Mr. Ganesh Krishnamurthy, Director, Deloitte were the officials. The budget culminated with a discussion in the form of Q&A session.
 
The Budget Conclave 2020 was instrumental in extending an insightful, interesting and enriched learning for the invited guests which included, leading industrialists and professionals, academicians from premier institutions and the student fraternity was coordinated by Dr. M.Sriram, Assistant Professor-Finance, SDMIMD, Mysuru