Page 10 - ICAI Newsletter - 2nd Quarter 2024

Event

Issue from 01 July 2024 to 30 September 2024 (for private circulation only)

ICAI Dubai Chapter Hosts Insightful Event on Decoding India’s Union Budget 2024-25

29 July 2024
th
Dubai, July 29, 2024 - The ICAI Dubai insights into the economic implications ICAI (Dubai) Chapter, addressed the
Chapter hosted a highly anticipated and investment prospects stemming members, informing them about
event, “Decoding India’s Union Budget from the budget. Following this, Dr. CA the upcoming events and the ICAI
2024-25,” at the Hyatt Regency Dubai Girish Ahuja, a renowned author and calendar, and highlighting the chapter’s
Creek Heights, Dubai Healthcare City. tax expert, delved into decoding the upcoming activities. On this occasion,
The event, held on July 29, 2024, from budget, taxation, and NRI provisions. the ICAI Dubai Chapter unveiled its
5:45 PM to 9:00 PM, attracted an His expertise in direct taxation offered first quarterly newsletter, summarizing
audience of distinguished professionals a comprehensive analysis of the all the events held during the last
and industry experts eager to analyze budget’s taxation policies and their three months. This newsletter is a
the latest budget’s proposals and implications for Non-Resident Indians testament to the chapter’s ongoing
allocations. (NRIs). commitment to keeping its members
informed and engaged. The “Decoding
The chief guest for the evening was The event offered a thorough India’s Union Budget 2024-25” event
CA Dinesh Kothari, Vice Chairman and examination of the Union Budget provided valuable insights into the
Managing Director of the Delhi Private 2024-25, emphasizing the changes in budget’s implications for taxation,
Schools Group. CA Kothari’s esteemed taxation policies, economic strategies, the economy, and investment
presence set the stage for an in-depth and emerging opportunities for opportunities. It equipped attendees
discussion on the budget’s impact investors. Participants gained practical with a clear understanding of the
across various sectors. His insights advice on how businesses and budget’s components and its potential
were invaluable in framing the budget’s individuals can navigate these changes effects on the economy, making it an
broader implications. effectively, thanks to the insights invaluable session for those looking to
shared by seasoned tax professionals stay informed about the latest fiscal
Mr. A. Balasubramanian, Managing and financial analysts. policies and investment opportunities
Director & CEO of Aditya Birla Sun Life in India
AMC Limited, addressed the impact The agenda included a welcome
of the budget on the economy and address by CA Rishi Chawla, Secretary The event concluded with a Q&A
investment opportunities in India. His of the ICAI (Dubai) Chapter NPIO, session, allowing attendees to engage
extensive experience in the mutual followed by the national anthems. directly with the speakers.
fund industry provided valuable CA Rajesh Somani, Chairman of the

10 www.icaidubai.org

01 July 2024 to 30 September 2024